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Economy

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Nearly 6 million Britons missed payments on bills, regulator says

The Cheap InvestorMay 16, 2023May 16, 20230

By Suban Abdulla LONDON (Reuters) – Millions of British borrowers repeatedly missed payments on bills in the six months to…

  • Business
  • Economy

Oil dips as weaker China, US economic data offset IEA demand forecast

The Cheap InvestorMay 16, 2023May 16, 20230

By Stephanie Kelly NEW YORK (Reuters) – Oil futures dipped on Tuesday as weaker-than-expected economic data in China and the…

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EU states approve world’s first comprehensive crypto rules

The Cheap InvestorMay 16, 2023May 16, 20230

By Huw Jones (Reuters) – European Union states on Tuesday gave the final nod to the world’s first comprehensive set…

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Global securities watchdog to propose rules for cryptoassets

The Cheap InvestorMay 16, 2023May 16, 20230

LONDON (Reuters) – Global regulators will shortly propose the first set of international rules for cryptoassets, including how existing norms…

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Exclusive-UBS set to gain EU nod for Credit Suisse deal, sources say

The Cheap InvestorMay 16, 2023May 16, 20230

By Foo Yun Chee BRUSSELS (Reuters) -UBS is expected to secure unconditional European Union antitrust approval for its planned takeover…

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Barclays technology banker joins Citigroup

The Cheap InvestorMay 16, 2023May 16, 20230

By Milana Vinn NEW YORK (Reuters) -Ed Wehle, a senior Barclays Plc technology banker, has resigned to join U.S. rival…

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Ex-Silicon Valley Bank CEO defends record, regulators vow tougher supervision

The Cheap InvestorMay 16, 2023May 16, 20230

By Hannah Lang, Tatiana Bautzer, Pete Schroeder and Ann Saphir WASHINGTON/NEW YORK (Reuters) – The former chief executive of Silicon…

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US Fed’s Logan says ‘smaller, less frequent’ hikes may be safer for stability

The Cheap InvestorMay 16, 2023May 16, 20230

AMELIA ISLAND, Florida (Reuters) – Changing interest rates in “smaller, less frequent steps” can make it less likely that U.S….

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New York Community Bancorp announces secondary share offering by FDIC

The Cheap InvestorMay 16, 2023May 16, 20230

(Reuters) – New York Community Bancorp Inc said on Tuesday the Federal Deposit Insurance Corporation is selling the bank’s shares…

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Dollar drifts higher as US debt ceiling in spotlight

The Cheap InvestorMay 16, 2023May 16, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar edged higher on Tuesday in choppy trading, with no clear direction,…

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