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 …
Read More »Toronto market falls to 1-year low as bond yields jump
A man walks past an old Toronto Stock Exchange (TSX) sign in Toronto, June 23, 2014. REUTERS/Mark Blinch/File Photo Acquire Licensing Rights TSX ends down 0.8% at 19,020.92 Canadian 10-year yield posts a 16-year high Real estate sector falls 1.9% Technology ends 1.7% lower Oct 3 (Reuters) – Canada’s main …
Read More »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, …
Read More »‘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 …
Read More »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 …
Read More »India rupee weakens in line with Asian peers but RBI help caps fall
A customer counts money before paying a vegetable vendor at a market in Mumbai, India, June 4, 2015. REUTERS/Shailesh Andrade/File Photo Acquire Licensing Rights MUMBAI, Oct 3 (Reuters) – The Indian rupee fell on Tuesday as elevated U.S. Treasury yields and broad strength in the greenback weighed on Asian currencies. …
Read More »Japan finance minister reiterates warning on currency market moves
Japanese Finance Minister Shunichi Suzuki speaks with the media after a meeting of G7 leaders on the sidelines of G20 finance ministers’ and Central Bank governors’ meeting at Gandhinagar, India, July 16, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing Rights TOKYO, Oct 3 (Reuters) – Japanese Finance Minister Shunichi Suzuki said …
Read More »Carlyle pulls back from US consumer bets as part of strategic overhaul -source
Oct 2 (Reuters) – Private equity firm Carlyle Group (CG.O) plans to pull back from investing in U.S.-based consumer, media and retail companies as it looks to focus on other key sectors such as technology and financial services, according to a person familiar with the matter. In a memo sent …
Read More »Analysis: Global bond investors fear more declines after vicious quarterly selloff
Sept 29 (Reuters) – Fiscal concerns and worries over a prolonged period of elevated interest rates sent government bonds tumbling in the third quarter, and some investors believe more weakness is in store. U.S. government bond yields ended September with their biggest quarterly rises in a year, disappointing fund managers …
Read More »EU examines Nvidia-dominated AI chip market’s abuses – Bloomberg News
The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith/File Photo Acquire Licensing Rights Sept 29 (Reuters) – The European Union is examining alleged anticompetitive practices in chips used for artificial intelligence, a market that Nvidia (NVDA.O) dominates, Bloomberg News …
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