Marketmind: Fitch puts US on watch; will it matter in Washington?
A look at the day ahead in European and global markets from Sonali Desai. The U.S. debt ceiling saga continues…
Economy
Bank of Korea stands pat but warns against rate cut bets
By Choonsik Yoo and Jihoon Lee SEOUL (Reuters) -South Korea’s central bank on Thursday flagged it may not be done…
Indonesia, Malaysia to visit Brussels over concern about EU deforestation law
JAKARTA (Reuters) – The world’s two biggest palm oil producers Indonesia and Malaysia will send top officials to the European…
Fitch puts US rating on negative watch as debt deadline looms
(Reuters) -Ratings agency Fitch put the United States’ credit on watch for a possible downgrade on Wednesday, raising the stakes…
Despite promises, automakers lack ‘concrete actions’ to decarbonise steel – Greenpeace
TOKYO (Reuters) – Automakers, including Toyota and Volkswagen, should decarbonise their steel supply and cut back on the material’s consumption…
Republicans, White House see progress in US debt ceiling talks
By David Morgan, Andrea Shalal and Moira Warburton WASHINGTON (Reuters) -Negotiators for Democratic President Joe Biden and top congressional Republican…
Singapore’s Q1 GDP contraction raises recession risk; China revival key
By Xinghui Kok SINGAPORE (Reuters) -Singapore’s economy contracted in the first quarter, raising the risk of a recession in the…
BOJ may abandon bond yield cap this year – govt panellist
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan (BOJ) may abandon a controversial bond yield…
US action on short-sellers likely in ‘next few months’ -DOJ official
By Chris Prentice WASHINGTON (Reuters) – Short-selling, the practice of seeking to profit off bets that a stock will fall,…
Wall Street ends down as debt-ceiling clouds hover
By Lewis Krauskopf, Shreyashi Sanyal and Shristi Achar A (Reuters) – Wall Street’s main indexes ended lower on Wednesday as…