Nov 27 (Reuters) – Top Canadian banks are expected to post a decline in fourth-quarter profits as choppy markets hurt wealth management and a slow deal pipeline dents income from investment banking, offsetting expected gains from business loans. The earnings reports, beginning Tuesday, cap off a tumultuous year that saw inflation reach decades-high levels and ...

Climate change has big impact on economy, inflation – Amamiya Aug survey showed strong demand for green bonds – BOJ Amamiya BOJ’s climate scheme has extended $26 bln in loans TOKYO, Nov 27 (Reuters) – Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said on Sunday the central bank will conduct a survey annually of ...

Prime Minister Kishida says “Japan is a buy” Japan govt targets boosting household financial assets Plan calls for easing limits for investment TOKYO, Nov 25 (Reuters) – Japanese government on Friday called for doubling a tax-free stock investment programme for households, to encourage savers to put more money in riskier assets rather than hoarding it ...

Fed minutes for November due at 1900 GMT Wall Street stocks trade higher U.S. Treasury yields retreat Crude prices drop more than 4% U.S. dollar falls NEW YORK, Nov 23 (Reuters) – World equities rose while U.S. Treasury yields were lower ahead of the release of the Federal Reserve’s meeting minutes that would offer a ...

LONDON, Nov 23 (Reuters) – Bank of England Chief Economist Huw Pill said on Wednesday that more interest rate hikes will likely be needed to return inflation to the central bank’s 2% target sustainably, echoing previous central bank communication. “Given the need to contain the risk of greater inflation persistence implied by potential second round ...

Nov 23 (Reuters) – Most stock markets in the Gulf ended mixed on Wednesday amid volatile oil prices, with the Qatari index snapping a seven-session losing streak. Crude prices, a key catalyst for the Gulf’s financial markets, reversed course to fall by more than $2 a barrel as the Group of Seven (G7) nations looked ...

LONDON, Nov 23 (Reuters) – You can sometimes buck the market – for a time at least. Even mention government or central bank intervention in financial markets to many professionals and you elicit a tirade on such futility against forces beyond control. And yet again, 2022 proved that’s far from the truth. Times are of ...

HONG KONG, Nov 22 (Reuters) – Credit Suisse (CSGN.S) has laid off about one-third of its China-based investment banking team and nearly half of its research department, sources with knowledge of the matter told Reuters, as part of a global restructuring and as its China business slows. The sources declined to be identified as the ...

BENGALURU, Nov 22 (Reuters) – India’s stock benchmarks snapped a three-day losing streak on Tuesday, helped by a rise in information technology and metal companies, tracking a recovery in global investor sentiment. Although, worries over COVID-19-induced curbs in China and the looming minutes from the U.S. Federal Reserve’s last policy meeting, due to be released ...

Energy, miners lead European losses Defensive stocks remain supported Virgin Money surges on results Nov 21 (Reuters) – Europe’s STOXX 600 index was little changed on Monday as gains in defensive food and beverage and healthcare companies were offset by declines in heavyweight commodity stocks on worries about the impact of surging COVID-19 cases in ...