Pain trade or same trade? Investors refuse to fold on recession bets
By Naomi Rovnick, Marc Jones and Alun John LONDON (Reuters) – It was not meant to be this way. The…
Economy
US stock investors count on earnings to propel rally after upbeat CPI report
By Lewis Krauskopf NEW YORK (Reuters) -As U.S. inflation cools and growth remains resilient, bullish investors are counting on the…
Bank of Korea stays on hold, price pressures remain
By Jihoon Lee and Joyce Lee SEOUL (Reuters) -South Korea’s central bank held interest rates steady for a fourth straight…
Marketmind: UK data deluge and the run-up to recession
A look at the day ahead in European and global markets from Vidya Ranganathan A big bunch of numbers is…
Big companies toughen banking partner screening after crisis – survey
By Laura Matthews NEW YORK (Reuters) – Large companies are spreading out their counterparty risk and increasing screening of their…
Barclays eyes smaller units for growth in strategic review, risks investor ire
By Sinead Cruise, Lawrence White and Stefania Spezzati LONDON (Reuters) – Barclays is betting it can revive its wilting share…
Wellington in talks to invest in Kim Kardashian’s Skims at $4 billion valuation-sources
(This story has been refiled to remove the extraneous word ‘valuation’ in paragraph 1) By Abigail Summerville and Krystal Hu…
Marketmind: Markets buoyant as US inflation, dollar slide
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
Meta to contest EU antitrust charges at July 13 hearing
By Foo Yun Chee BRUSSELS (Reuters) – Facebook owner Meta will contest EU antitrust charges at a closed hearing on…
UK buyers retreat from housing market, further slowdown seen – RICS
By Suban Abdulla LONDON (Reuters) – Britain’s housing market showed signs of a slowdown in June and property surveyors expect…