Federal Reserve’s Jay Powell says ‘premature’ to rule out further rate rises
By Press Room
2 Mins read
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Jay…
November’s stock-market rally gets a boost from trend-following funds and company share buybacks
By Press Room
1 Mins read
The U.S. stock-market rally this month has gotten a big boost from corporations buying back their shares, and computerized trend-following funds adding…
The online payments-solution provider Paysafe reported slightly weaker-than-expected third-quarter results but kept its forecast for the full year unchanged, a move that…
Exclusive-ICBC hack led to unit temporarily owing BNY $9 billion - sources
By Press Room
1 Mins read
© Reuters. The logo of Industrial and Commercial Bank of China (ICBC) is seen at its branch at its headquarters in Beijing,…
Investors are thrilled inflation is down. Consumers aren’t so happy. Here’s why.
By Press Room
4 Mins read
According to investors, Tuesday’s inflation report was something to celebrate. After the latest numbers from the Labor Department showed that consumer prices…
The global oil market is facing uncertainty as the Organization of the Petroleum Exporting Countries and its allies (OPEC+) postponed their production-cut…
Exclusive-China's state banks are buying yuan, quickening its rally, sources say
By Press Room
2 Mins read
SHANGHAI (Reuters) -China’s major state-owned banks have been active in the currency market this week, buying the yuan and helping hasten its…
A recent Economist article highlighted the recent growth of local supermarket chains across the African continent. Today, a staggering 70% of Africans…
What are the world’s most expensive cities to live? Singapore and Zurich, Switzerland have tied to secure the top spot, according to…
A year and a half ago, in the middle of 2022 we were promised a recession by Wall Street. Imminent was the…