MOSCOW (Reuters) – Russia’s service sector contracted sharply in October, dragged down by weak domestic and foreign demand, as well…
Marketmind: One central bank drama after another
SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. So, Jerome Powell…
Hong Kong raises rates after Fed, flags more increases in borrowing costs
By Donny Kwok and Clare Jim HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) on Thursday raised its base…
Analysis-Weary investors see little respite to Fed hike gloom
By Davide Barbuscia and David Randall (Reuters) – Investors trying to navigate this year’s relentless interest rate rises have more…
HSBC raising best lending rate to 5.375% after Hong Kong rate hike
HONG KONG (Reuters) – HSBC Holdings said on Thursday it is raising its best lending rate in Hong Kong by…
Uber whistleblower says current business model ‘absolutely’ unsustainable
By Sergio Goncalves LISBON (Reuters) -Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing…
BlackRock expands corporate voting choice to more clients
By Simon Jessop and Ross Kerber LONDON/NEW YORK (Reuters) – BlackRock, the world’s biggest asset manager, said on Thursday it…
Canada to propose taxing corporate stock buybacks – source
By Steve Scherer OTTAWA (Reuters) – Canada will on Thursday propose a tax on corporate stock buybacks, a senior government…
China’s services activity skids in October on COVID restrictions – Caixin PMI
BEIJING (Reuters) – China’s services activity contracted again in October as COVID-19 containment measures hit businesses and consumption, overshadowing the…
Fed jacks up interest rates again, hints at smaller increases ahead
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – The Federal Reserve raised interest rates by three-quarters of a percentage…