Wednesday , October 4 2023

Tag Archives: FIN

Asia stocks slump as bond selloff spooks markets

A man walks past an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar, Euro and other foreign currencies outside a brokerage in Tokyo, Japan May 2, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing Rights 10-year Treasury yields hit 16-year high above 4.8% Yen jumps; Japan officials not …

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Most Gulf markets end higher; Saudi, Egypt extend losses

An investor walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. REUTERS/Christopher Pike/File Photo Acquire Licensing Rights Oct 3 (Reuters) – Most stock markets in the Gulf ended higher on Tuesday, despite concerns over higher-for-longer U.S interest rates, …

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‘Election fear’ stalks Argentina’s markets as volatile vote nears

[1/4]Demonstrators camp outside Argentina’s presidential palace as unemployed and informal workers protest to demand more subsidies from the national government, in Buenos Aires, April 19, 2023. REUTERS/Mariana Nedelcu/File Photo Acquire Licensing Rights BUENOS AIRES, Oct 3 (Reuters) – Argentina’s markets have a new cause for the wobbles – a presidential …

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The crypto market bears the scars of FTX’s collapse

Oct 3 (Reuters) – The global cryptocurrency market remains badly scarred following the tumultuous collapse of crypto exchange FTX and other big players last year, with crypto prices, volumes and venture capital investment well below their 2021 peaks. Sam Bankman-Fried, the former CEO of FTX, stands trial in New York …

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Hedge funds see Mexico and Ecuador as China alternatives

LONDON, Oct 3 (Reuters) – Geopolitical tensions and a weakening economy are driving hedge funds to consider alternatives to investing in China. Turmoil in China’s property sector has rattled world markets and hurt the outlook for the world’s No. 2 economy. Many U.S.-based hedge fund investors have cut their exposure …

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Morning Bid: New quarter, same old market dynamics

A man is reflected on an electric monitor displaying a stock quotation board outside a bank in Tokyo, Japan, June 5, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing Rights Oct 3 (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Yet another surge …

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China’s Chery takes aim at Europe with SUVs from three car brands

A car logo of Chinese automobile manufacturer Chery seen at a dealership in Vladivostok, Russia, March 22, 2023. REUTERS/Tatiana Meel/File Photo Acquire Licensing Rights LONDON, Oct 2 (Reuters) – Chinese automaker Chery Automobile (CHERY.UL) will launch SUV models from three car brands in Europe over the next two years and …

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