Global investors relieved by China tech rebound, but not convinced yet
By Xie Yu and Summer Zhen HONG KONG (Reuters) -Rather than spur a relief rally in China’s battered tech sector,…
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Nasdaq leads Wall St to higher close as CPI report lifts sentiment
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly higher on Wednesday, led by a gain of more…
Biden knocks Putin, soothes Zelenskiy at eventful NATO summit
By Steve Holland and Trevor Hunnicutt VILNIUS (Reuters) -U.S. President Joe Biden concluded a NATO summit on Wednesday denouncing Russian…
US SEC scraps contentious pricing proposal in final money market fund reforms
By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday finalized rules aimed at increasing…
Manhattan office market’s tough outlook persists, leaving investors on sidelines
By Herbert Lash NEW YORK (Reuters) – The end of the pandemic has brought little relief to Manhattan’s depressed market…
Russian spy chief says he spoke to CIA boss about ‘what to do with Ukraine’
By Mark Trevelyan (Reuters) -Russian foreign intelligence chief Sergei Naryshkin said on Wednesday that he and CIA counterpart William Burns…
US judge finalizes Allianz’s $6 billion criminal settlement
By Jody Godoy (Reuters) – A U.S. judge on Wednesday approved Allianz’s $6 billion settlement over the 2020 collapse of…
US EPA proposes tighter rules for lead exposure in residential buildings
By Kanishka Singh WASHINGTON (Reuters) – The U.S. Environmental Protection Agency (EPA) on Wednesday proposed stricter regulations for lead exposure…
IMF approves $3 billion bailout for cash-starved Pakistan
By Asif Shahzad ISLAMABAD (Reuters) -The International Monetary Fund’s board approved a $3 billion bailout programme for Pakistan which will…
Leveraged bets in US Treasury market could ‘amplify’ stress, BoE warns
By David Randall NEW YORK (Reuters) -Large leveraged bets by hedge funds in the U.S. Treasury market could “amplify stress”…