Jan 20 (Reuters) – Crypto firm Genesis’s lending unit filed for U.S. bankruptcy protection against creditors on Thursday, overturned by a market rout with companies like exchange FTX and the BlockFi lender. Genesis Global Capital, one of the biggest crypto lenders, froze client redemptions on November 16 after FTX stunned the financial world with its …
Genesis crypto lending unit files for bankruptcy in the US Read More »
BOJ under heavy pressure as it defends yield policy Yen hits 7-month high, yuan climbs as dollar eases More profits to come, many central bank speakers Britain’s FTSE flirts with a record SYDNEY/LONDON, Jan 16 (Reuters) – Stocks firmed on Monday as optimism over corporate earnings and the reopening of China feared the Bank of …
Stocks Rise, Yen Climbs as BOJ Battles Bond Bears Read More »
WASHINGTON, Jan 13 (Reuters) – The U.S. Department of Energy said on Friday it would lend ioneer Ltd (INR.AX) up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden’s plan. develop a domestic supply chain of electric vehicles. Shares of Ioneer rose 16.3% …
US lends $700 million to Ioneer for Nevada lithium mine Read More »
Tesla cuts prices in the US and Europe by up to 20% The move follows cuts in Asia last week Certain models are now eligible for US tax credits Model 3 price in Germany in line with Volkswagen’s ID.3 Jan 13 (Reuters) – Tesla (TSLA.O) has cut prices for its electric vehicles in the United …
Tesla extends price cuts in US and Europe amid sales push Read More »
Global stocks rise an inch; dollar close to 7-month lows Yen gains on BOJ report to examine effects of policies Eyes on the US CPI due at 13:30 GMT Eurozone Treasuries and bonds contribute to gains MILAN, Jan 12 (Reuters) – Global stocks held up modest gains on Thursday on cautious optimism that U.S. data …
Stocks hold onto gains ahead of US inflation test Read More »
Massive layoffs and spending review for the Wall Street giant Cups in all major divisions expected, globally Asian wealth unit restructuring kicks off Wednesday layoffs NEW YORK/LONDON/HONG KONG, Jan 12 (Reuters) – Goldman Sachs (GS.N) began laying off staff on Wednesday as part of a sweeping cost-cutting campaign, with around a third of those affected …
Goldman job cuts hit investment banking and global markets hard Read More »
https://tmsnrt.rs/2zpUAr4 US stock futures rise slightly, Nikkei futures gain Hopes the US CPI report will argue for small Fed hikes Earnings season kicks off Friday with big banks Dollar nurse losses, yuan at highest since mid-August SYDNEY, Jan 9 (Reuters) – Asian stocks rallied on Monday as hopes of less aggressive U.S. rate hikes and …
Asia splits Fed rate bets, China reopening boosts yuan Read More »
Global stocks rise slightly The correlation with the dollar is softening The yen takes a breather after the recent rally LONDON, Jan 3 (Reuters) – The dollar headed for its biggest one-day rise in more than three months on Tuesday as stocks rallied in a macro week that could offer guidance on the timing and …
Dollar set to post biggest one-day gain in three months, stocks rally Read More »
PCE inflation, consumer spending cools Oil jumps on supply problems following Russian sanctions S&P 500, Nasdaq on track for third weekly loss NEW YORK, Dec 23 (Reuters) – Wall Street closed slightly higher on Friday and Treasury yields rose as investors digested a deluge of economic data ahead of the Christmas holiday long weekend, capping …
Wall St ends higher, Treasury yields rise after flurry of data Read More »
https://tmsnrt.rs/2zpUAr4 Japan’s Nikkei down 0.2%; Hong Kong shares down 2.2% Dollar Drifts Higher; European futures point to a lower open US CPI Tuesday, Fed meeting Wednesday ECB and BOE rate decisions on Thursday SYDNEY, Dec 12 (Reuters) – Asian stocks tumbled and the dollar strengthened on Monday at the start of a turbulent week as …
Asian stocks tumble, dollar firms ahead of central bank rate hikes Read More »
