By Summer Zhen HONG KONG (Reuters) – Some of Asia’s largest hedge funds scooped up large stakes in Chinese e-commerce…
Energy firms’ derivatives are financial stability risk, says ECB
By John O’Donnell and Balazs Koranyi FRANKFURT (Reuters) -Energy companies’ use of derivatives poses a wider financial risk, the European…
UK lenders seek more data as consumers squeezed, Experian says
By Pushkala Aripaka (Reuters) – Britain’s lenders are seeking more data on the finances of potential and existing customers as…
Bank-fintech ventures benefit consumers, enhance competition: U.S. Treasury
By Hannah Lang WASHINGTON (Reuters) – Partnerships between banks and financial technology companies are a net-positive for consumers when done…
Burger King parent taps ex-Domino’s CEO as executive chairman
By Hilary Russ NEW YORK (Reuters) – Burger King parent company Restaurant Brands International Inc on Wednesday said it appointed…
UK’s Sunak expresses optimism on U.S. economic ties without talking trade deal
NUSA DUA, Indonesia (Reuters) -British Prime Minister Rishi Sunak expressed optimism on Wednesday that Britain and the United States could…
Irish debt agency says no big complaints on liquidity in bonds
By Dhara Ranasinghe BRUSSELS (Reuters) – Debt agency officials are conscious that the end of central bank largesse has unleashed…
UK house prices rise 9.5% y/y in September
(Reuters) – British house prices increased by 9.5% year-on-year in September, the Office for National Statistics (ONS) said on Wednesday.…
ECB must keep inflation fight as top priority, de Guindos says
FRANKFURT (Reuters) – The European Central Bank must prioritize its fight against high inflation because that will in turn improve…
Barclays cuts 2023 global growth forecast, expects weakest growth in four decades
(Reuters) – Barclays economists on Wednesday cut their global economic growth forecast for 2023 as inflation is seen unlikely to…