By Himanshi Akhand (Reuters) – Bullish bets on most Asian currencies eased as strong U.S. economic data recently gave the dollar a fillip and raised bets that interest rates would remain higher[...]
Read more
February 9, 2023
German EU-harmonised January consumer prices rise 9.2% y/y
By Maria Martinez BERLIN (Reuters) – German consumer prices, harmonised to compare with other European Union countries, rose by a less-than-anticipated 9.2% on the year in January, preliminary d[...]
Read more
Dominant Russian lender Sberbank’s profits rise 9.8% y/y in Jan
By Alexander Marrow MOSCOW (Reuters) – Russia’s largest lender Sberbank said on Thursday its January net profit rose 9.8% year-on-year to 110.1 billion roubles ($1.51 billion), due to rest[...]
Read more
Some European firms may reverse last year’s big price hikes
By Joice Alves and Padraic Halpin LONDON (Reuters) -Some companies in Europe have said they may unwind price hikes introduced in recent years as soaring costs of energy and other raw materials have ea[...]
Read more
Asian stocks draw massive foreign inflows on softer dollar, growth optimism
By Gaurav Dogra (Reuters) – Emerging Asia ex-China stocks received massive inflows in January, with investors expecting the U.S. Federal Reserve to slow down the pace of its rate hikes and as th[...]
Read more
Marketmind: Bar-duh
A look at the day ahead in European and global markets from Wayne Cole. Surely the most fun story today, unless you are an Alphabet shareholder, is Google’s new Bard AI flunking a question on th[...]
Read more
Love & money: Four ways to avoid financial infidelity
By Chris Taylor NEW YORK (Reuters) – Sorry to break it to you, but your romantic partner may be sharing a secret relationship. With guess who? JPMorgan Chase. Or Citibank, or Wells Fargo. Whethe[...]
Read more
Chinese state media, AI companies warn of risks in ChatGPT stock frenzy
SHANGHAI (Reuters) -Chinese state media on Thursday cautioned against risks in chasing local ChatGPT-concept stocks, while domestic artificial intelligence (AI) companies urged investors to be rationa[...]
Read more
Acting FAA chief to testify before U.S. Senate panel on computer outage
By David Shepardson WASHINGTON (Reuters) – The acting head of the Federal Aviation Administration (FAA) will testify on Feb. 15 before the U.S. Senate Commerce Committee on a Jan. 11 computer sy[...]
Read more