• 2
    0

    Dollar up for the quarter but down for the week U.S., European data show still red-hot inflation Talk of yuan intervention aids Chinese currency NEW YORK, Sept 30 (Reuters) – The dollar rose against the euro on Friday but pared gains late in a session that was muddied by quarter-end trading while riskier commodity-led currencies ...
  • 5
    0

    LONDON, Sept 30 (Reuters) – European stocks were a touch higher on Friday as government bond yields pulled back from recent peaks, but higher-than-expected inflation continued to weigh on markets. After a week of market turmoil in which recession fears sapped stocks and currency markets were rocked by dollar strength, Asian shares fell on Friday ...
  • 1
    0

    SINGAPORE, Sept 30 (Reuters) – Singapore’s Temasek Holdings (TEM.UL) said that market valuations had not yet priced in a global economic recession and that said the state investor was waiting for further declines before stepping up investments. “Current valuations are not reflecting the risk of downturn we see in the next 12 to 18 months,” ...
  • 0
    0

    ASUNCION/TAIPEI, Sept 29 (Reuters) – Paraguay’s foreign ministry said on Thursday that the South American country’s diplomatic ties with Taiwan were “excellent” and not conditional on extra investment, amid rising pressure from China to win over the island’s few remaining allies. Paraguay is one of only 14 nations globally that retains diplomatic ties with Taiwan ...
  • 5
    0

    SHANGHAI, Sept 29 (Reuters) – A central bank digital currency trial focused on cross-border transactions has been completed, the Bank for International Settlements (BIS) said, with Chinese state-owned banks participating as Beijing tries to internationalise its digital yuan. More than 160 cross-border payments and foreign exchange transactions totalling more than $22 million were made during ...
  • 3
    0

    LONDON, Sept 28 (Reuters) – Shares in Biogen (BIIB.O) and Eisai (4523.T) soared on Wednesday reflecting the surprise trial success of their experimental Alzheimer’s drug, which also lifted the stocks of rival drugmakers Roche (ROG.S) and Eli Lilly . Nearly all drugs tested to treat Alzheimer’s – a fatal brain disease that affects an estimated ...
  • 2
    0

    TAIPEI, Sept 28 (Reuters) – Some Taiwanese chip companies are in talks with European countries about investments there, a government minister said on Wednesday, adding the administration was “pleased” to see efforts by local companies to work with democratic allies. The European Union has been courting Taiwan, a major semiconductor producer, as one of the ...
  • 2
    0

    U.S. President Joe Biden delivers remarks at a Democratic National Committee event at the National Education Association headquarters in Washington, U.S., September 23, 2022. REUTERS/Evelyn Hockstein Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 27 (Reuters) – A group of lawmakers including House Speaker Nancy Pelosi, Senate Majority Leader Chuck Schumer and ...
  • 6
    0

    British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White Register now for FREE unlimited access to Reuters.com Register NEW YORK/LONDON, Sept 27 (Reuters) – Trading in tumultuous foreign exchange markets is akin to being in a casino right now, according to some traders navigating markets that ...
  • 4
    0

    People walk past a currency exchange point, showing an image of the U.S. dollar in Cairo, Egypt, March 22, 2022. REUTERS/Mohamed Abd El Ghany/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 26 (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever The fear and fragility sweeping ...