By Marc Jones LONDON (Reuters) – Pension funds and other ‘non-bank’ financial firms have more than $80 trillion of hidden, off-balance sheet dollar debt in FX swaps, the Bank for Int[...]
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Marketmind: Five Alive
A look at the day ahead in U.S. and global markets from Mike Dolan. With a bit of a lag perhaps after Friday’s strong jobs report, markets are realising the U.S. economy is not yet slowing as fa[...]
Read moreRussia’s Jan-Nov oil output up 2% ahead of EU ban, price caps
MOSCOW (Reuters) – Russia’s January-November oil and gas condensate rose 2.2% from a year earlier to 488 million tonnes, the Interfax news agency said on Tuesday, citing Deputy Prime Minis[...]
Read moreSamsung, LG plan multi-billion-dollar additional investment in Vietnam
HANOI (Reuters) – South Korean electronics giants Samsung and LG plan to pour billions of dollars of additional investment into Vietnam, the Vietnamese government said on Tuesday. The announceme[...]
Read moreForeign equity funds pile into Indian financials as credit cycle picks up
(Corrects fund manager’s surname in last paragraph) By Anushka Trivedi MUMBAI (Reuters) – Foreign investors are buying into Indian financial firms, lured by the prospects of a fresh credit[...]
Read moreAustralia’s Big Four banks pass central bank rate hike to home loan customers
(Reuters) – All of Australia’s “big four” banks said on Tuesday they will raise their home loan rates by a quarter-point, passing on the central bank’s eighth rate hike i[...]
Read moreAnalysis-Investors look to emerging markets as planets align for end of dollar bull market
By Saqib Iqbal Ahmed NEW YORK (Reuters) – As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from a sustained reversal[...]
Read moreAustralia central bank raises rates to 10-year high, says more needed
By Stella Qiu SYDNEY (Reuters) – Australia’s central bank on Tuesday raised interest rates to a 10-year high and stuck with its projection that more hikes are needed to cool inflation, a s[...]
Read moreWirecard in the dock as Germany’s biggest fraud trial starts
By Jörn Poltz and Christian Kraemer MUNICH/BERLIN (Reuters) – Former Wirecard executives go on trial on Thursday, two years after the collapse of the payments company that produced Germany[...]
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