Finance

ZEDRA enters the US private wealth market by opening a new office in South Dakota

ZEDRA enters the US private wealth market by opening a new office in South Dakota

    The strategic opening enhances ZEDRA’s private client services by providing US trust services to its global clientele and pr..

Wall St flutters, Treasury yields ease as Powell resumes testimony

Wall St flutters, Treasury yields ease as Powell resumes testimony

By Stephen Culp NEW YORK (Reuters) – U.S. stocks struggled for direction and Treasury yields wavered on Wednesday as a barrage o..

New research shows tech firms look to employee equity to weather tough investment environment 

New research shows tech firms look to employee equity to weather tough investment environment 

    Benchmark survey of 1,200 founders, executives and employees reveals equity trends amid a market correction  Equity on the u..

A turning point for UK equities?

A turning point for UK equities?

By Frédérique Carrier, Head of Investment Strategy for RBC Wealth Management in the British Isles The UK and the EU have ..

Dollar jumps as Powell flags higher terminal rate

Dollar jumps as Powell flags higher terminal rate

By Karen Brettell NEW YORK (Reuters) – The dollar extended gains against a basket of currencies on Tuesday after Federal Reserve..

Wall Street drops, Treasury yields gyrate on Fed Chairman Powell’s remarks

Wall Street drops, Treasury yields gyrate on Fed Chairman Powell’s remarks

By Stephen Culp NEW YORK (Reuters) – U.S. stocks retreated and benchmark Treasury yields wavered on Tuesday as Federal Reserve C..

Wall Street stocks power higher as Treasury yields and dollar ease

Wall Street stocks power higher as Treasury yields and dollar ease

By Lawrence Delevingne and Elizabeth Howcroft (Reuters) – Wall Street stocks posted strong gains while Treasury yields and the d..

Dollar retreats, headed for biggest weekly loss since mid-January; bitcoin down

Dollar retreats, headed for biggest weekly loss since mid-January; bitcoin down

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid from a 2-1/2-month high versus the Japanese yen on Friday,..

Oil prices stable, heading for weekly gain

Oil prices stable, heading for weekly gain

By Shadia Nasralla LONDON (Reuters) -Oil prices held steady on Friday, poised to register a weekly gain as renewed optimism on China&#..

Cepsa to nearly double investments over next 3 years as profit soars

Cepsa to nearly double investments over next 3 years as profit soars

MADRID (Reuters) -Spanish oil and gas company Cepsa plans to nearly double its investments over the next three years to a total of 3.6..

Estonia’s pro-Kyiv government faces election test amid cost of living crisis

Estonia’s pro-Kyiv government faces election test amid cost of living crisis

By Andrius Sytas KOHTLA-JARVE, Estonia (Reuters) – One of Europe’s most staunchly pro-Ukrainian governments faces a challe..

Stocks mixed, dollar gains after robust inflation, jobs data

Stocks mixed, dollar gains after robust inflation, jobs data

By Lawrence Delevingne and Marc Jones (Reuters) -Global stock markets were mixed on Thursday, as investors weighed indicators of econo..

Volkswagen’s financial services undergoing reorganization

Volkswagen’s financial services undergoing reorganization

FRANKFURT (Reuters) – Volkswagen is reorganizing its financial services holding companies, Volkswagen Bank and Volkswagen Financ..

Dollar slips, yuan gains on China PMI; hot inflation lifts euro

Dollar slips, yuan gains on China PMI; hot inflation lifts euro

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar slid and China’s yuan gained on Wednesday after Chin..

Wall St indexes mixed, Treasury yields tick up as higher rates loom

Wall St indexes mixed, Treasury yields tick up as higher rates loom

By Lawrence Delevingne and Samuel Indyk (Reuters) – Wall Street indexes and global equities were mixed on Tuesday and bonds wrap..

Managing AML compliance in the property sector

Managing AML compliance in the property sector

  Purchasing property in the UK is a common method used by serious organised criminals to launder the proceeds of cr..

Arta TechFin and OSL’s partnership to create an end-to-end virtual asset financial service ecosystem

Arta TechFin and OSL’s partnership to create an end-to-end virtual asset financial service ecosystem

  Arta TechFin (“ARTA”, HKSE: 0279), a hybrid fintech platform in both traditional assets and virtual assets (“VA”), and OSL, the..

Gold’s market value now 6x higher than world’s 10 largest banks

Gold’s market value now 6x higher than world’s 10 largest banks

  The value of gold continues to surge to unprecedented heights despite facing economic headwinds while retaining its status as t..

Global payments business CellPoint Digital appoints Boldspace to integrated brief following competitive pitch

Global payments business CellPoint Digital appoints Boldspace to integrated brief following competitive pitch

  Brand value agency Boldspace has been appointed as lead global strategic communications agency for global payments leader, Cell..

New Chief Financial Officer appointed at Deko to further strengthen executive leadership team

New Chief Financial Officer appointed at Deko to further strengthen executive leadership team

  Joseph Tucker joins from NewDay with a deep market understanding of both the consumer credit sector and Deko specifically Deko,..

Dollar edges down from six-week peak, Swedish crown jumps

Dollar edges down from six-week peak, Swedish crown jumps

By Samuel Indyk LONDON (Reuters) – The dollar edged lower on Monday but kept close to Friday’s six-week high, after a flur..

Shares steady, dollar dips as US holiday lifts rates gloom

Shares steady, dollar dips as US holiday lifts rates gloom

By Amanda Cooper LONDON (Reuters) -Global shares inched up on Monday as a U.S. holiday tempered volatility ahead of minutes of the lat..

Shares fall with oil prices amid concerns about U.S. Fed rate hikes

Shares fall with oil prices amid concerns about U.S. Fed rate hikes

By Sinéad Carew NEW YORK (Reuters) – Stock markets around the globe fell on Friday and oil prices settled lower after U.S. econo..

Hawkish ECB comments push up rate-hike expectations

Hawkish ECB comments push up rate-hike expectations

By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to ris..

Dollar advances as strong U.S. data backs higher rates backdrop

Dollar advances as strong U.S. data backs higher rates backdrop

By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies on..

Slowdown in UK inflation eases pressure on Bank of England

Slowdown in UK inflation eases pressure on Bank of England

By Andy Bruce and William Schomberg LONDON (Reuters) – British inflation fell by more than expected in January and there were si..

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to a six-week high against the yen and climbed from a roughly t..

Sterling gains after strong jobs data add to pressure on BOE

Sterling gains after strong jobs data add to pressure on BOE

LONDON (Reuters) – The pound rose against the dollar and euro on Tuesday after data showed British wages rose quicker than expec..

Love in a time of inflation: how much will Valentine’s Day set you back?

Love in a time of inflation: how much will Valentine’s Day set you back?

By Richa Naidu LONDON (Reuters) -This Valentine’s Day is set to look different after a year of record food inflation that has se..

Japanese yen gains as Ueda set to be named next BOJ governor

Japanese yen gains as Ueda set to be named next BOJ governor

(Adds comment, U.S. data, NEW YORK dateline, byline, FX table, bullets, updates prices) By Samuel Indyk and Gertrude Chavez-Dreyfuss L..

Bank of England officials split over future path for rates

Bank of England officials split over future path for rates

By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England policymakers disagreed on Thursday about where interest rates need ..

First Abu Dhabi Bank could renew $35 billion offer for StanChart -Bloomberg News

First Abu Dhabi Bank could renew $35 billion offer for StanChart -Bloomberg News

By Lawrence White LONDON (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, could renew a p..

Italy inflation-adjusted retail sales fell in 2022

Italy inflation-adjusted retail sales fell in 2022

  ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, wi..

European shares hit nine month high, dollar wobbles after Powell remarks

European shares hit nine month high, dollar wobbles after Powell remarks

By Alun John LONDON (Reuters) – Global shares jumped and most currencies rose against the dollar on Wednesday as investors disce..

Stocks, dollar pause ahead of Powell, Biden speeches

Stocks, dollar pause ahead of Powell, Biden speeches

By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – A gauge of global equities edged lower and the dollar inched up on Tu..

FTSE 100 inches towards recent highs as BP shines

FTSE 100 inches towards recent highs as BP shines

  By Sruthi Shankar (Reuters) – UK’s FTSE 100 rose on Tuesday as bumper earnings from oil giant BP and a rally in ene..

UK house prices stabilise after four-month fall, Halifax says

UK house prices stabilise after four-month fall, Halifax says

  LONDON (Reuters) – British house prices were unchanged in January after falling in month-on-month terms in each of the pr..