Banking

Futures gain as Fed calms inflation worries

U.S. stock index futures rose on Wednesday after remarks from Federal Reserve officials helped calm inflation worries, while a recent…

5 years ago

BoE’s Kashyap wants ‘forensic investigation’ of Archegos collapse

Financial regulators should undertake a detailed cross-border probe into how the collapse of U.S. investment fund Archegos cost mostly foreign…

5 years ago

Canada’s top pension funds boost investments in high-carbon oil sands

Canada's biggest pension managers boosted their investments in the country's major oil sands companies in the first quarter of 2021,…

5 years ago

U.S. business borrowings jump 19% in April – ELFA survey

U.S. companies borrowed $9.8 billion for capital investments in April, up 19% from a year earlier, benefiting from an economic…

5 years ago

European stocks stuck at peak as recovery uplift fades

European stocks look set to hold around or inch just above current record levels as the initial boost stemming from…

5 years ago

Oil steady as demand optimism offsets worries of Iranian supply

Oil was steady on Wednesday, trading in a narrow range, supported by optimism about improving U.S. fuel demand and a…

5 years ago

EXCLUSIVE China bars banks from selling commodities-linked products to retail buyers -sources

China's banking regulator has asked lenders to stop selling investment products linked to commodities futures to mom-and-pop buyers, three people…

5 years ago

European stocks near record high, NZ dollar rises

European stocks approached record highs on Wednesday after U.S. Federal Reserve officials soothed investors' inflation worries, though the New Zealand…

5 years ago

Buy now, pay later players tackle credit conundrum in Mideast’s Gulf

Financial technology start-ups in Saudi Arabia and the United Arab Emirates offering online short-term credit say they are enjoying exponential…

5 years ago

Bitcoin reclaims $40,000 as crypto volatility lingers

Bitcoin climbed back above $40,000 on Wednesday for the first time this week, as recent volatility in the cryptocurrency market…

5 years ago
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