By Lawrence Delevingne and Amanda Cooper (Reuters) -Global stock markets rose on Wednesday, as U.S. consumer confidence rebounded in December,…
Analysis-Japanese insurers likely to provide tailwind to yen as BOJ shifts
By Rae Wee and Daiki Iga SINGAPORE/TOKYO (Reuters) – Japan’s gargantuan life insurers appear capable of weathering paper losses in…
Retail traffic data highlights 2022 holiday winners and losers
By Arriana McLymore NEW YORK (Reuters) – With three days to go before Christmas, retailers across the United States and…
U.S. dollar likely has further upside vs yen despite BOJ move -Goldman
NEW YORK (Reuters) – The Bank of Japan, which widened the trading band for 10-year Japanese government bonds (JGBs) on…
Elon Musk expects Twitter to be ‘cash flow break-even’ next year
By Sheila Dang (Reuters) -Elon Musk said Twitter Inc is now on track to be “roughly cash flow break-even” next…
Dealmakers brace for slow 2023 recovery after global M&A sinks
By Anirban Sen and Pamela Barbaglia NEW YORK/LONDON (Reuters) -Merger and acquisition (M&A) activity globally fell well short of the…
Oil prices rise over $2 on drawdown in U.S. crude stocks
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose by more than $2 a barrel on Wednesday after data showed a…
Yen retreats after BOJ policy tweak sparked surge
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The yen fell in a choppy session on Wednesday, ceding some of the…
Italy to cap Monte dei Paschi CEO’s annual pay at 240,000 euros
MILAN (Reuters) -Italy is preparing to cap at 240,000 euros ($254,496) the yearly pay of top executives hired from 2023…
U.S. existing home sales fall for 10th straight month in November
WASHINGTON (Reuters) – U.S. existing home sales slumped to a 2-1/2 year low in November as the housing market continued…