By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. It’s a U.S.-Sino,…
Wall Street sees past Fed’s lower rate hike to finish in red
By Lawrence Delevingne (Reuters) -Wall Street stocks dropped on Wednesday, while Treasury yields were flat and the dollar volatile, after…
Dollar loses ground after Fed raises rates, forecasts more hikes
By Sinéad Carew NEW YORK (Reuters) – The dollar was lower against the yen and the euro on Wednesday after…
In sweltering Bahamas courtroom, Bankman-Fried fights incarceration
By Jared Higgs and Brian Ellsworth NASSAU (Reuters) – Cordoned-off roads, a sweltering courtroom and numerous delays marked Sam Bankman-Fried’s…
Ecuador’s trade agreement with China is ‘practically closed,’ says Lasso
GUAYAQUIL, Ecuador (Reuters) – Ecuadorian President Guillermo Lasso said on Wednesday that the country is on the verge of closing…
Factbox-Aircraft lessors sue insurers for $8 billion over trapped Russian planes
(Reuters) – Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over…
Russia improves Q3 economic contraction to 3.7% y/y – revised data
MOSCOW (Reuters) – Russia’s economy shrank 3.7% year-on-year in the third quarter of 2022, revised data from the federal statistics…
Chinese bank wealth units seek to smooth performance amid redemptions
SHANGHAI (Reuters) – The asset management arms of some Chinese banks are turning to an accounting method that smoothes out…
Trafigura to pilot sustainable supply chain finance program for Mexican miners
(Reuters) – Global commodities trader Trafigura Group on Wednesday said it is piloting a sustainable supply chain finance program with…
EM bulls outnumber bears for first time since July 2021 – HSBC survey
LONDON (Reuters) – A closely-followed HSBC survey has shown the share of investors upbeat on emerging market assets has doubled…