Finance

ECB cuts rates once more as euro zone economy sags

ECB cuts rates once more as euro zone economy sags

By Francesco Canepa and Balazs Koranyi (Reuters) -The European Central Bank cut interest rates on Thursday for the third time this yea..

Wall St follows European shares higher after solid retail sales data

Wall St follows European shares higher after solid retail sales data

By Stephen Culp NEW YORK (Reuters) – U.S. stocks followed their European counterparts higher on Thursday as investors parsed an ..

Dollar jumps as retail sales confirm strong US economy

Dollar jumps as retail sales confirm strong US economy

By Karen Brettell NEW YORK (Reuters) – The dollar jumped to an 11-week high on Thursday after data showed that U.S. retail sales..

Tech stocks hurt STOXX 600, ASML logs biggest one-day drop in 26 years

Tech stocks hurt STOXX 600, ASML logs biggest one-day drop in 26 years

  By Paolo Laudani, Ankika Biswas and Johann M Cherian (Reuters) -European shares posted their biggest one-day drop in over two w..

Dollar flat against peers as markets digest U.S. economic data

Dollar flat against peers as markets digest U.S. economic data

By Chibuike Oguh, Alun John NEW YORK/LONDON (Reuters) -The U.S. dollar was little changed against major currencies on Friday as market..

Stocks higher after inflation data keeps Fed expectations on hold

Stocks higher after inflation data keeps Fed expectations on hold

By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks were higher and poised for a weekly gain while longer-dated U.S. Treasury yield..

Dollar steady, focus on Fed path, China, Middle East

Dollar steady, focus on Fed path, China, Middle East

By Alden Bentley and Medha Singh NEW YORK/LONDON (Reuters) – The dollar held steady near seven-week highs against major currenci..

Bank of Portugal cuts growth forecast for this year and next

Bank of Portugal cuts growth forecast for this year and next

By Sergio Goncalves LISBON (Reuters) -The Bank of Portugal on Tuesday lowered the economic growth outlook for this year to 1.6% from t..

Manchester-based mobile network sees unprecedented growth and attracts major investment.

Manchester-based mobile network sees unprecedented growth and attracts major investment.

With over 45% of adults in the UK struggling to manage their domestic bills and credit commitments, millions are left without access t..

Finance

Groundbreaking new tool designed to revolutionise affordability and risk assessment launched

Groundbreaking new tool designed to revolutionise affordability and risk assessment launched

A groundbreaking new tool, Boshhh.io, designed to revolutionise affordability and risk assessment reporting within the financial services and legal se..

Stocks lose ground, oil extends gains amid Middle East tension

Stocks lose ground, oil extends gains amid Middle East tension

By Iain Withers and Chibuike Oguh NEW YORK/LONDON (Reuters) – Global stocks fell on Thursday, weighed down by tepid trading in e..

Bob Chitrathorn: A Prudent Financial Advisor facilitating Financial Independence to all people

Bob Chitrathorn: A Prudent Financial Advisor facilitating Financial Independence to all people

“Money, like emotions, is something you must control to keep your life on the right track.” – Natasha Munson Making plans for th..

Finance

Asian shares retreat from 32-month top, Japan rallies as rate risk eases

Asian shares retreat from 32-month top, Japan rallies as rate risk eases

  By Stella Qiu SYDNEY (Reuters) -Asian shares retreated from a 32-month peak on Thursday as the sizzling rally in Hong Kong took a breather, whi..

Britain proposes new powers for banks in fight against fraudsters

Britain proposes new powers for banks in fight against fraudsters

  LONDON (Reuters) – Britain is giving banks enhanced new powers to delay and investigate suspicious payments in a bid to s..

Stocks stable, oil rises as wary investors eye Middle East hostilities

Stocks stable, oil rises as wary investors eye Middle East hostilities

By Sinéad Carew, Lawrence White NEW YORK/ LONDON (Reuters) -MSCI’s global equities index was up very slightly on Wednesday whi..

Dollar gains as ADP shows better than expected jobs gains

Dollar gains as ADP shows better than expected jobs gains

By Karen Brettell NEW YORK (Reuters) – The dollar hit a three-week high against the euro on Wednesday after the ADP national e..

Bonds rally, dollar firms as traders ponder rate cuts

Bonds rally, dollar firms as traders ponder rate cuts

By Yoruk Bahceli (Reuters) -Government bonds rallied on Tuesday as euro zone inflation data boosted the case for faster European Centr..

Grifols plans to invest $402 million in new industrial centre, El Economista says

Grifols plans to invest $402 million in new industrial centre, El Economista says

  (Reuters) – Spanish drugmaker Grifols plans to invest 360 million euros ($401.98 million) to build a new industrial plant..

UK house prices rise 0.7% in September, Nationwide says

UK house prices rise 0.7% in September, Nationwide says

  LONDON (Reuters) -British house prices rose by a higher-than-expected 0.7% in September from August, with the annual growth rat..

Dollar drops after inflation data, Yen rebounds on Ishiba win

Dollar drops after inflation data, Yen rebounds on Ishiba win

By Chuck Mikolajczak NEW YORK (Reuters) -The dollar weakened on Friday after a reading of U.S. inflation indicated price pressures con..

Europe’s STOXX 600 clocks all-time closing high on China stimulus boost

Europe’s STOXX 600 clocks all-time closing high on China stimulus boost

By Pranav Kashyap and Shashwat Chauhan (Reuters) -European shares jumped on Thursday, with China-exposed stocks such as luxury and min..

Stocks rise to records with Micron rally; oil prices slide

Stocks rise to records with Micron rally; oil prices slide

By Caroline Valetkevitch NEW YORK (Reuters) -A widely followed global stock index and the S&P 500 hit record highs on Thursday aft..

Asia stocks, Wall St futures edge up; China trims repo rate

Asia stocks, Wall St futures edge up; China trims repo rate

  By Wayne Cole SYDNEY (Reuters) -Asian stocks firmed on Monday ahead of central bank meetings that are widely expected to delive..

Bitcoin jumps while Japan holiday dulls most currencies

Bitcoin jumps while Japan holiday dulls most currencies

  SINGAPORE (Reuters) – Bitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally aft..

Sterling rises vs dollar, euro boosted by strong UK retail sale data

Sterling rises vs dollar, euro boosted by strong UK retail sale data

By Linda Pasquini (Reuters) – Sterling edged up against the dollar and the euro on Friday, as strong UK retail sale data provide..

Stocks pinned near all-time highs, yen slips after Ueda’s comments

Stocks pinned near all-time highs, yen slips after Ueda’s comments

By Sruthi Shankar and Stella Qiu (Reuters) – World stocks hovered near record highs on Friday, underpinned by a big interest rat..

European shares slip but set for weekly gains; Mercedes drops

European shares slip but set for weekly gains; Mercedes drops

By Shubham Batra (Reuters) -European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserv..

London blue-chips slip as sterling jumps after retail sales beat

London blue-chips slip as sterling jumps after retail sales beat

(Reuters) – UK shares slipped on Friday while the British pound jumped, though the stock index was set to eke out weekly gains r..

Dollar edges lower in choppy trading after Fed rate cut

Dollar edges lower in choppy trading after Fed rate cut

By Chibuike Oguh and Stefano Rebaudo NEW YORK (Reuters) -The U.S. dollar edged slightly lower in choppy trading on Wednesday as market..

Fed rate cut glow spreads to Wall Street, jobs data helps

Fed rate cut glow spreads to Wall Street, jobs data helps

By Isla Binnie NEW YORK (Reuters) – U.S. stock indexes sailed higher in the wake of their global counterparts and the dollar wob..

Bank of England leaves rates at 5%, pound hits highest since March 2022

Bank of England leaves rates at 5%, pound hits highest since March 2022

LONDON (Reuters) – The Bank of England left interest rates at 5% on Thursday and voted to run down its stock of British governme..

London stocks drop after inflation data, focus shifts to Fed

London stocks drop after inflation data, focus shifts to Fed

By Lisa Pauline Mattackal and Medha Singh (Reuters) -British stock indexes dropped on Wednesday as investors reined in bets on interes..

Sterling rises after UK inflation data and ahead of Fed

Sterling rises after UK inflation data and ahead of Fed

By Linda Pasquini LONDON (Reuters) – The British pound rose against the dollar on Wednesday after UK inflation data boosted the ..

US dollar edges lower as traders await Fed rate cut decision

US dollar edges lower as traders await Fed rate cut decision

By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar edged lower against major currencies on Wednesday, giving up some of its overni..

How some hedge funds would trade a rate cutting cycle

How some hedge funds would trade a rate cutting cycle

By Nell Mackenzie LONDON (Reuters) -While many investors hope falling interest rates will usher in a soft economic landing, others for..

Europe’s STOXX 600 at two-week closing high in lead-up to Fed rate decision

Europe’s STOXX 600 at two-week closing high in lead-up to Fed rate decision

By Shubham Batra and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 recorded its highest closing level in two-weeks on Tuesday, ..

US stocks, dollar rise with eyes on Fed and strong data

US stocks, dollar rise with eyes on Fed and strong data

By Isla Binnie NEW YORK (Reuters) -U.S. stocks followed European peers higher and the dollar firmed on Tuesday, as unexpectedly strong..