Analysis-Global pension funds eye currencies for additional returns
By Laura Matthews NEW YORK (Reuters) – Expectations for lower returns in stocks and bonds are sending some pension funds…
Economy
White House says China’s actions on Micron won’t torpedo relations
By Andrea Shalal and Susan Heavey WASHINGTON (Reuters) – China’s move on Micron Technology Inc won’t torpedo larger efforts to…
Russia’s monthly producer price index up for third month in April
(Reuters) – Costs in Russia’s manufacturing sector rose for a third month in April, data from the state statistics service…
UBS Chairman sees gain in customer balances following Credit Suisse rescue
By John Revill (Reuters) -UBS has been a net gainer in customer balances following its rescue of Credit Suisse, Chairman…
Fed’s Waller sees a rate ‘hike’ or a ‘skip’ in June, but no ‘stop’
Federal Reserve Governor Christopher Waller on Wednesday said he is concerned about the lack of progress on inflation, and while…
Yellen maintains early June as U.S. debt ceiling deadline
By David Lawder and Doina Chiacu WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday maintained early June as a…
Bank of England’s Bailey sweats over risk of ‘sticky’ summer for inflation
By William Schomberg and David Milliken LONDON (Reuters) -Bank of England Governor Andrew Bailey said he was concerned about the…
Argentina in talks to expand China currency swap line, source says
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina is in talks to renew and potentially expand its currency swap line…
No date in sight for end of Germany’s budget dispute
BERLIN (Reuters) -German Finance Minister Christian Lindner didn’t commit to a timetable for resolving a budget dispute between the three…
Mexico president says does not rule out buying part of Citi unit Banamex
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Wednesday he does not rule out the possibility…