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Stocks slide, dollar gains on rates outlook jitters

Stocks slide, dollar gains on rates outlook jitters

© Reuters. FILE PHOTO: A closing price of Nikkei index on a stock quotation board is pictured after a ceremony marking the end of trading in 2023 at the Tokyo Stock Exchange (TSE) in Tokyo, Japan December 29, 2023. REUTERS/Kim Kyung-Hoon/File Photo   AUD/USD -0.66% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio…

South Korea says it will impose fines on two global banks for short-selling violations

South Korea says it will impose fines on two global banks for short-selling violations

© Reuters SEOUL (Reuters) – South Korea’s financial regulator on Sunday said it plans to impose penalties on two unnamed global investment banks it is investigating. The Financial Services Commission said it found two global investment banks were engaged in the practice of naked short-selling transactions, which involves selling shares without borrowing them first. The…

Blizzard strikes US Midwest, cancelling flights and disrupting presidential campaign

Blizzard strikes US Midwest, cancelling flights and disrupting presidential campaign

2/2 © Reuters. A worker removes snow from the sidewalk after a blizzard left several inches of snow in Ankeny, Iowa, U.S., January 12, 2024. REUTERS/Alyssa Pointer 2/2 By Brendan O’Brien and Rich McKay CHICAGO (Reuters) -Tens of millions of Americans were in the pathway of dangerous and damaging weather conditions as snowstorms moved across…

US congressional leaders agree on stopgap funding bill -source

US congressional leaders agree on stopgap funding bill -source

© Reuters. FILE PHOTO: The U.S. Capitol Dome is illuminated in Washington, U.S., June 1, 2023. REUTERS/Evelyn Hockstein/File Photo WASHINGTON (Reuters) -U.S. congressional leaders have agreed on a two-tranche stopgap spending bill to keep the federal government funded into March and avert a partial government shutdown starting late next week, a source familiar with the…

Moody’s revises Turkey’s outlook to positive on decisive change in economic policy

Moody’s revises Turkey’s outlook to positive on decisive change in economic policy

© Reuters. FILE PHOTO: Skyscrapers in the Maslak business and financial district in Istanbul, Turkey, January 23, 2020. REUTERS/Murad Sezer/File Photo   MCO +0.79% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25…

China central bank set to cut key rate, boost liquidity Monday to aid economy

China central bank set to cut key rate, boost liquidity Monday to aid economy

© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo   USD/CNY -0.06% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type:…

Argentina, IMF reach deal to salvage debt program, unlock key funds

Argentina, IMF reach deal to salvage debt program, unlock key funds

By Jorge Otaola and Eliana Raszewski BUENOS AIRES (Reuters) -Argentina and the International Monetary Fund (IMF) finalized the details of an agreement over the country’s embattled $44 billion loan program, unlocking a more-than-expected $4.7 billion, the fund said on Wednesday. “Understandings were reached on a strengthened set of policies to restore macroeconomic stability and bring…