By Angus Berwick, Anirban Sen, Elizabeth Howcroft and Lawrence Delevingne (Reuters) – As customers withdrew billions of dollars from crypto exchange FTX one frantic Sunday this month, founder Sa[...]
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Economy
Treasury market shows resilience in face of aggressive Fed rate hikes
By Michael S. Derby NEW YORK (Reuters) – Fears that aggressive Federal Reserve interest rate rises would break the Treasury bond market have failed to come to fruition so far, even as experts sa[...]
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Marketmind: Shot across the bow
A look at the day ahead in U.S. and global markets from Mike Dolan. The jolt to world markets from Tuesday’s explosion in Poland reminded otherwise buoyant investors that geopolitics remain a ma[...]
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SpaceX mulling secondary share sale at $150 billion valuation -sources
By Krystal Hu and Eva Mathews (Reuters) -Elon Musk’s rocket and satellite company SpaceX is in talks about an offering of mostly secondary shares that could value the company at up to $150 billion, re[...]
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Fed’s George says increasingly difficult to bring inflation down without a recession – WSJ
(Reuters) – Inflation is at risk of becoming entrenched in the economy from an overheated job market, making it difficult for the Federal Reserve to bring down inflation without a recession, Kan[...]
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Russia spoke in favour of grain deal extension at G20 summit – minister
MOSCOW (Reuters) – Russia spoke in favour of extending the Black Sea grain deal at this week’s G20 summit in Bali, as long as more grain was sent to countries in the greatest need, Finance[...]
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ECB promises “prudent” balance sheet cut as stability risks rise
FRANKFURT (Reuters) -Risks to the euro zone’s financial stability are on the rise as the economy heads for a likely recession so any reduction in the European Central Bank’s bond holdings[...]
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Asian hedge funds amassed China’s Pinduoduo, ditched JD.com in Q3
By Summer Zhen HONG KONG (Reuters) – Some of Asia’s largest hedge funds scooped up large stakes in Chinese e-commerce giant Pinduoduo in the third quarter while cutting holdings in its rival JD.[...]
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UK lenders seek more data as consumers squeezed, Experian says
By Pushkala Aripaka (Reuters) – Britain’s lenders are seeking more data on the finances of potential and existing customers as a cost-of-living squeeze raises the risk of borrowers struggl[...]
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