economic

Analysis: BOJ has little room to move as Ukraine clouds recovery, prices soar

The crisis in Ukraine is giving the Bank of Japan a headache not facing other major central banks, forcing it…

4 years ago

Bitcoin jumps after apparent Yellen statement quells U.S. clampdown fears

Bitcoin led a rally in cryptocurrencies on Wednesday after what appeared to be a prematurely published U.S. Treasury statement allayed…

4 years ago

UBS has limited Russia exposure, but sees risks of unexpected increases

UBS's (UBSG.S) direct exposure to Russia made up $634 million of the Swiss bank's total emerging market exposure of $20.9 billion at…

4 years ago

HSBC boosts profitability goal on higher rates, profit doubling

HSBC (HSBA.L) brought forward its key profitability target by a year and more than doubled its annual profit as expected bad loans…

4 years ago

Stocks rally, seizing on Ukraine de-escalation signs

World stocks crept higher on Wednesday for the second day in a row, while safe-haven assets such as government bonds…

4 years ago

Explainer: Europe’s banks fear payment system could be casualty of Russia-Ukraine crisis

Amid fears of a Russian invasion of Ukraine, Italy's UniCredit has backed out of a potential acquisition in Russia and…

4 years ago

Santander lifts profits as it releases pandemic provisions

Spain's Santander (SAN.MC) released 750 million euros ($846 million) in pandemic-related provisions in the fourth quarter, betting on an economic recovery in…

4 years ago

Inflation stations: Five questions for the ECB

Record euro area inflation rates mean price pressures will top the agenda for European Central Bank policymakers meeting on Thursday.

4 years ago

BOJ raises inflation forecasts but rules out policy tightening

The Bank of Japan raised its inflation forecasts on Tuesday but said it was in no rush to change its…

4 years ago

European stocks gain ahead of earnings; China adds stimulus

European shares were slightly higher in early trading on Monday as investors focused on company earnings and U.S. Federal Reserve…

4 years ago