Tag: Stock Market

© Reuters. FILE PHOTO: A partially removed company logo of China Evergrande Group is seen on the facade of its headquarters in Shenzhen, Guangdong province, China January 10, 2022. REUTERS/David Kirton HONG KONG (Reuters) -Shares of China Evergrande Group jumped on Thursday after the chairman of the world’s most indebted property developer said it would…

© Reuters. FILE PHOTO: A Euro banknote is seen placed on U.S. Dollar banknotes in this illustration taken, November 28, 2021. REUTERS/Dado Ruvic/Illustration HONG KONG (Reuters) – The Aussie and Kiwi dollars were trading near multi-week highs on Thursday as investors turned more bullish on risk assets such as equities while the dollar held in…

© Reuters. FILE PHOTO: A man is seen behind an electronic board displaying the Nikkei average and Japanese yen rate againt the U.S. dollar at the Tokyo Stock Exchange in Tokyo, Japan, October 11, 2018. REUTERS/Issei Kato By Gaurav Dogra (Reuters) – Valuations of Asian equities dropped to a 21-month low at the end of…

© Reuters. FILE PHOTO: A view of buildings and a street covered in snow in Nantucket, Massachusetts, U.S. January 29, 2022 in this picture obtained from social media. Picture taken January 29, 2022. Chad Pierre Photography/via REUTERS (Reuters) – A major winter storm is expected to wallop much of the central United States on Tuesday,…

© Reuters. FILE PHOTO: An employee wearing a protective face mask and face guard works on the automobile assembly line at Kawasaki factory of Mitsubishi Fuso Truck and Bus Corp, owned by Germany-based Daimler AG, in Kawasaki, south of Tokyo, Japan May 18, 2020. REUT TOKYO (Reuters) – Japan’s factory output likely slid in December…

© Reuters. People walk inside a shopping mall during holiday season in Hazmieh, Lebanon December 29, 2021. Picture taken December 29, 2021. REUTERS/Mohamed Azakir/File Photo BEIRUT (Reuters) – Lebanon is suffering an economic meltdown that began in 2019 when the financial system collapsed under colossal state debts and the unsustainable way they were funded, while…

3/3 © Reuters. People queue outside an Alfa telecommunications store in Beirut, Lebanon January 12, 2022. REUTERS/Mohamed Azakir 2/3 By Laila Bassam and Timour Azhari BEIRUT (Reuters) – Lebanon’s telecom duopoly, once cash cows for the state, used to allocate most of their spending on wages, rent and infrastructure. Now revenues have nosedived, and the…

© Reuters. FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration/File Photo By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Cryptocurrency investment products and funds had net outflows last week totaling a record $207 million, a report from digital asset manager CoinShares showed on Monday,…

© Reuters. Macron Doubles Down on Plan to ‘Piss Off’ the Unvaccinated (Bloomberg) — President Emmanuel Macron on Friday stood by the uncompromising stance and combative language he directed earlier this week at France’s unvaccinated citizens amid record numbers of new Covid-19 cases.  Macron in a Tuesday interview with Le Parisien used salty language — saying…

© Reuters. FILE PHOTO: United States one dollar bills are curled and inspected during production at the Bureau of Engraving and Printing in Washington November 14, 2014. REUTERS/Gary Cameron/File Photo By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Futures on the federal funds rate on Wednesday have priced in a roughly 80% chance of a quarter-percentage-point…