By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been a subdued start to a busy week studded with tech earnings and major data from both sides of the Atlantic. Microsoft, Meta, Amazon, Google and Intel all report this week. Just five tech stocks…
SEOUL (Reuters) – South Korea will voluntarily join a global stress test on banks, hoping to gain from a thorough analysis of risks they face on an international level, the country’s central bank and its financial regulator said on Monday. The Bank of Korea and the Financial Supervisory Service said in a joint statement that…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Inflation figures from Singapore top the Asian economic calendar on Monday, kicking off a week in which eyes of the Asia Pacific region – and beyond – will be focused on the Bank of Japan’s first policy meeting…
WASHINGTON (Reuters) – The U.S. on Sunday said it shared information with European bankers, government officials and business leaders to clamp down on Russia’s tactics to try to skirt Western sanctions. Brian Nelson, Treasury undersecretary for terrorism and financial intelligence, held briefings last week in Switzerland, Austria, Germany and Italy to promote more effective policing…
By Jeff Mason WASHINGTON (Reuters) – It won’t be a campaign from the basement this time. As U.S. President Joe Biden gears up for a bruising re-election battle, the realities of the 2024 race and differences with 2020 at the height of the coronavirus pandemic create new challenges for him. Biden, a Democrat, says he…
(Reuters) – Bed Bath & Beyond Inc filed for Chapter 11 bankruptcy protection on Sunday after the home goods retailer failed to secure funds to stay afloat. In March, the company said it would sell $300 million worth of its shares to raise more capital and might have to file for bankruptcy if it failed…
By Kanishka Singh WASHINGTON (Reuters) -Republican U.S. House of Representatives Speaker Kevin McCarthy said on Sunday the House would vote on his spending and debt bill this week, and invited President Joe Biden to discuss the debt ceiling with him. McCarthy floated a plan last week that would pair $4.5 trillion in spending cuts with…
By Catarina Demony LISBON (Reuters) – Brazil hopes the Mercosur trade deal with the European Union (EU) will be concluded this year, a government official said on Sunday, ending years of delay and opening the way to increased trade between the two regions. The EU and the Mercosur bloc of Argentina, Brazil, Paraguay and Uruguay…
By John Shiffman and Leah Douglas ATLANTA (Reuters) – As economists and investors scour data on inflation, jobs, housing, banking and other bellwether indicators to determine whether the United States is headed for a recession, a visit to the nation’s largest food-bank warehouse offers some ominous clues. More than half of the shelves at the…
BEIJING (Reuters) – China’s Guangdong province posted a 4.0% gain in its first-quarter gross domestic product compared with a year earlier, according to the provincial statistics bureau on Sunday. (Reporting by Ryan Woo; Editing by Alex Richardson)
