By Harry Robertson LONDON (Reuters) – The pound has pulled off its biggest monthly increase against the U.S. dollar since…
Analysis-Markets sigh with relief after Powell speech, but more turbulence likely ahead
By Davide Barbuscia and David Randall (Reuters) – A rally in U.S. stocks and bonds powered ahead after a speech…
RBI seen raising rates by smaller 35bps in Dec, hiking again in early 2023: Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) – The Reserve Bank of India will raise interest rates by a smaller 35 basis…
India Nov factory activity hits 3-month high as inflation cools
By Anant Chandak BENGALURU (Reuters) – India’s factory activity expanded at its fastest pace in three months in November, a…
India’s jobless rate rises to three-month high of 8% in Nov – CMIE
NEW DELHI (Reuters) – India’s unemployment rate rose to 8.0% in November, highest in three months, from 7.77% in the…
U.S. senator presses FAA for details on Boeing 737 MAX alerting system
By David Shepardson WASHINGTON (Reuters) – A senior U.S. lawmaker wants details from the Federal Aviation Administration (FAA) about the…
Fed’s Powell: Rate hikes to slow, but adjustment just beginning
By Howard Schneider and Ann Saphir (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said it was time to…
Wall Street ends sharply higher after Powell comments
By Noel Randewich and Shreyashi Sanyal (Reuters) – Wall Street ended sharply higher on Wednesday after Federal Reserve Chair Jerome…
Roche shutters most trials of Alzheimer’s drug after failed trials
By Julie Steenhuysen CHICAGO (Reuters) – Swiss drugmaker Roche is closing down most clinical trials of its experimental Alzheimer’s drug…
Stocks rally, yields and dollar fall as Powell signals slower hikes
By Sinéad Carew NEW YORK (Reuters) – Wall Street equities closed sharply higher on Wednesday while U.S. Treasury yields declined…