By Saqib Iqbal Ahmed NEW YORK (Reuters) – A stock market correlation index hit a near four-month high on Wednesday, signaling that investors expect stock market gyrations to tick up in coming da[...]
Read moreApril 17, 2024
Japan, US finance chiefs agree to closely communicate on FX
By Leika Kihara WASHINGTON (Reuters) – Japan and the United States agreed to closely communicate on currency markets, Japanese Finance Minister Shunichi Suzuki said on Wednesday after a meeting[...]
Read moreUS stocks end down, crude slides amid Fed, geopolitical crosscurrents
By Stephen Culp NEW YORK (Reuters) -U.S. stocks closed lower on Wednesday as crude prices tumbled and investors weighed cautious U.S. Federal Reserve commentary and ongoing geopolitical strife against[...]
Read moreTop US markets regulator probing insider trading guardrails, official says
By Chris Prentice NEW YORK (Reuters) -The U.S. Securities and Exchange Commission is scrutinizing whether investment advisers and other firms have strong enough policies to ensure nonpublic informatio[...]
Read moreSocial media platform X blocked in Pakistan over national security, ministry says
By Asif Shahzad ISLAMABAD (Reuters) -Pakistan’s interior ministry said on Wednesday it had blocked access to social media platform X around the time of February’s election on national secu[...]
Read moreUS dollar weakens as market consolidates gains, but uptrend intact
By Herbert Lash and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar on Wednesday fell for the first time in six days, as investors consolidated gains after Federal Reserve officials repeated t[...]
Read moreUS economic activity expanded slightly in recent weeks, Fed says
(Reuters) -U.S. economic activity expanded slightly from late February through early April and firms signaled they expect inflation pressures to hold steady, a Federal Reserve survey showed on Wednesd[...]
Read moreAmazon to push cashierless shopping tech into more third-party stores, while backing off itself
By Greg Bensinger (Reuters) – Amazon.com said on Wednesday it plans to push its cashierless shopping technology into more third-party stores this year, even as it reduces its reliance on the tec[...]
Read moreBiden calls for higher Chinese metals tariffs in ‘Steel City’ Pittsburgh
By Trevor Hunnicutt, Steve Holland and David Lawder PITTSBURGH (Reuters) -President Joe Biden on Wednesday called for sharply higher U.S. tariffs on Chinese metal products as part of a package of poli[...]
Read more