(Reuters) – The Federal Reserve is set to raise interest rates by three-quarters of a percentage point at the end…
China’s factory, services activity skids on relentless COVID curbs
BEIJING (Reuters) -China’s factory activity unexpectedly fell in October, weighed by softening global demand and strict domestic COVID-19 curbs, which…
Marketmind: Fed peak rate talk meets China curbs, grain strain
A look at the day ahead in U.S. and global markets from Mike Dolan. A potentially pivotal week for U.S.…
Credit Suisse unveils details of $4 billion capital raising plan
By John Revill ZURICH (Reuters) -Credit Suisse on Monday unveiled details of its plan to raise 4 billion Swiss francs…
‘Perfect storm’ swirls as Canadians face hot inflation, rising rates
By Julie Gordon and Rod Nickel OTTAWA/WINNIPEG, Manitoba (Reuters) -At a warehouse on an industrial stretch in Ottawa, giant metal…
Hong Kong economy shrinks 4.5% yr/yr in Q3, outlook remains weak
HONG KONG (Reuters) – Hong Kong’s economy shrank faster in the third quarter, contracting 4.5% from the same period a…
Europe-listed Brazil stocks, Petrobras slip after Lula election win
LONDON (Reuters) – German-listed shares in Brazil’s state-run oil company Petrobras slipped more than 7% in early European trade after…
Fewer German companies feel threatened than during pandemic – Ifo
BERLIN (Reuters) – Far fewer German businesses feel their survival is at risk now than at the height of the…
German union calls for strikes at Airbus, other companies
BERLIN (Reuters) – German trade union IG Metal Kueste said it has called on several thousand workers to strike on…
Hong Kong proposes allowing retail trade in cryptocurrencies
By Georgina Lee HONG KONG (Reuters) – Hong Kong’s government has proposed allowing retail investors to trade in cryptocurrencies and…