finance

U.S. remains far ahead of global pack in finance, says study

The United States remains the world’s dominant financial centre, well ahead of nearest rival Britain, whose lead over Frankfurt and…

4 years ago

China c.bank chief says inflation under control, vows ‘normal’ monetary policy

China's central bank governor said inflation is "basically under control", and monetary policy would be kept steady, in comments a…

4 years ago

U.S. stocks end lower ahead of inflation report

Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when…

4 years ago

Clover Health shares tumble in another wild day for meme stocks

Shares of Clover Health Investments Corp (CLOV.O) slid on Wednesday, a day after the new retail trader favorite soared about…

4 years ago

Payments startup Marqeta valued at over $17 bln in Nasdaq debut

Shares of Marqeta Inc (MQ.O), which provides payments services to customers including Uber Technologies Inc (UBER.N) and DoorDashInc, rose more…

4 years ago

Morgan Stanley appoints E*Trade leaders to top wealth division jobs

Morgan Stanley (MS.N) appointed several executives from E*Trade to senior roles on Wednesday in a leadership shuffle that brings leaders…

4 years ago

U.S. Fed’s reverse repo volume surges to record half a trillion dollars

The Federal Reserve's reverse repurchase window on Wednesday took in $503 billion in cash, hitting a record peak for a…

4 years ago

World stocks near record high, U.S. bond yields near 1-month low

World stock prices held near record highs on Wednesday, while U.S. bond yields flirted with their lowest levels in a…

4 years ago

Russia’s high inflation shifts expectations for bigger rate hike on Friday

Russia's unexpectedly high inflation in May prompted a wide-scale revision of forecasts, shifting market expectations towards a bigger 50 basis-point…

4 years ago

Leading crypto exchanges scout entry into India despite potential ban

Global digital currency exchanges are exploring ways to set up in India, following in the footsteps of market leader Binance,…

4 years ago