By Mike Dolan Morning Bid U.S. What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets If markets believed Donald Trump would pause his disruptive economic plans at the first sight of a growth downturn or a stock market tantrum, they may have to think again. Although Commerce …
Morning Bid: Trump chaos pushes central banks into shadows Read More »
By Alun John, Tom Westbrook and Dhara Ranasinghe LONDON/SINGAPORE (Reuters) – A sea change in German fiscal policy is rapidly transforming global bond markets as it is expected to increase the pool of top-rated, safe-haven debt and propel Germany into a new era of structurally higher government bond yields. The parties hoping to form Germany’s …
Analysis-German spending boost to leave lasting impact on world bond markets Read More »
By Summer Zhen HONG KONG (Reuters) -Global hedge funds continued to sell China equities for a fourth straight week as the renewed enthusiasm for Chinese tech stocks, ignited by low-cost artificial intelligence startup DeepSeek, began to fade, a Goldman Sachs note showed. Funds added short bets, while cutting long positions in the week from February …
Hedge funds cut China stocks for fourth week as DeepSeek optimism fades Read More »
SAO PAULO (Reuters) – Brazilian state-run oil firm Petrobras said on Friday its board approved an agreement to settle a U.S. court dispute with EIG Energy Fund XIV, including a $283 million payment by the Brazilian company. In a securities filing, Petrobras said the amount of the contingency is provisioned in its earnings. The case …
Brazil’s Petrobras to pay $283 million to settle U.S. court dispute with EIG Read More »
By Pete Schroeder WASHINGTON (Reuters) -The U.S. regulator overseeing national banks clarified Friday that banks can engage in some crypto activities, and removed expectations firms should receive advance permission from regulators before doing so. The Office of the Comptroller of the Currency said in a statement that national banks are permitted to engage in some …
US regulator clears path for banks to engage in some crypto activities Read More »
By David Ljunggren OTTAWA (Reuters) -Mark Carney, soon to become Canada’s new prime minister, is a two-time central banker and crisis fighter about to face his biggest challenge of all: steering Canada through Donald Trump’s tariffs. The Liberals announced Carney as Justin Trudeau’s successor on Sunday after party members voted in a nominating contest. Trudeau …
Mark Carney, crisis-fighting central banker, to lead Canada through US trade war Read More »
By Lewis Krauskopf NEW YORK (Reuters) -A critical inflation report in the coming week could further rattle an increasingly tumultuous U.S. stock market, with investors worried about an economic growth slowdown and President Donald Trump’s tariffs. Despite a gain on Friday, the benchmark S&P 500 marked its worst week in six months. The tech-heavy Nasdaq …
By Rishabh Jaiswal (Reuters) -British billionaire Richard Branson’s Virgin Group aims to raise 700 million pounds ($900 million) to fund its plan to launch cross-channel rail services as it looks to compete with Eurostar, the company said on Sunday. Virgin, which used to operate intercity train services in Britain, plans to launch services that would …
Virgin Group aims to raise $900 million for rail service bid, company says Read More »
(Reuters) -U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. plans to meet with senior executives from leading food companies like General Mills and PepsiCo on March 10, Politico reported on Saturday, citing people familiar with the matter. The idea of such a meeting was first seeded among industry players in February led …
US Secretary of Health Kennedy to meet food company chiefs next week, Politico reports Read More »
By Nandita Bose, Suzanne McGee and Michelle Conlin (Reuters) -U.S. President Donald Trump wooed the cryptocurrency industry’s elite at the White House on Friday, hosting a first-of-its-kind summit focused on his plans for a government-owned stockpile of digital assets. Trump welcomed a wide range of industry players including Zach Witkoff, one of the founders of …
Crypto leaders meet at Trump’s summit with strategic reserve in focus Read More »
