global economic

Dollar rises as China COVID worries spur safe-haven buying

The U.S. dollar was firmly higher against major currencies on Monday, as rising COVID-19 cases in China led to new…

3 years ago

Oil prices edge down, recession fears back in focus

Oil prices fell on Friday amid recession fears and a stronger U.S. dollar, though losses were capped by supply concerns…

3 years ago

Morning Bid: The 75bp club

Most of world's major central banks are now going up a gear with historically sweeping interest rate rises to cool…

3 years ago

Dollar drives higher, yen tumbles to 1998 lows

The safe haven dollar gained towards fresh two-decade highs versus major rival currencies on Monday, supported by fears over a…

3 years ago

Analysis: Global investment banking faces tougher times after blockbuster year

A dearth of IPOs, a plunge in stock prices and slowing global economic growth are clouding the outlook for revenue…

3 years ago

Exclusive: Citigroup to hire 3,000 in Asia institutional banking business in growth push

Citigroup Inc (C.N) plans to hire around 3,000 new staff for its Asia institutional business in the next few years, sharpening its…

3 years ago

Shell ends 2021 on high note, hikes dividend, buybacks again

Shell (SHEL.L) again boosted its dividend and share repurchases on Thursday after fourth quarter profits hit their highest in eight years, fuelled…

4 years ago

World shares stretch positive start to 2022

World shares extended on Tuesday their positive start to 2022 with markets from Europe to Asia shrugging off worries the…

4 years ago

Omicron vaccine warning triggers fresh global selloff

There was a fall in world share markets and scramble to safer currencies and bonds on Tuesday after the CEO…

4 years ago

Australia’s Westpac flags $950 mln profit hit, led by institutional banking

SYDNEY, Oct 12 (Reuters) - Australia's Westpac Banking Corp (WBC.AX) said on Tuesday it will take a one-off charge of $956 million…

4 years ago