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    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 ...
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    NEW YORK, Sept 30 (Reuters) – In a year of wild market swings, the third quarter of 2022 was a time when events took a truly extraordinary turn. As the Federal Reserve ratcheted up its monetary policy tightening to tame the worst inflation in decades, U.S. Treasury yields shot to their highest levels in more ...
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    Consumer spending rebounds in August but inflation picks up Major indexes set for third straight quarterly decline Nike slumps on margin warning, drags athletic gear makers Dow flat, S&P up 0.38%, Nasdaq up 0.80% Sept 30 (Reuters) – The Nasdaq rose on Friday as growth stocks ticked higher on lower Treasury yields, even though resilient ...
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    PARIS, Sept 30 (Reuters) – Slawomir Krupa is set to become the new chief executive of Societe Generale (SOGN.PA), following his current position as head of investment banking, Le Figaro said on Friday, citing several sources. A board meeting on the nomination will be held on Friday, the newspaper added. The bank was not immediately ...
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    SNB halted foreign currency purchases to curb franc strength Sold 5 million Swiss francs worth of foreign currency in Q2 SNB spent 353 billion francs in 7-1/2 years on forex Policy seen as success by economists ZURICH, Sept 30 (Reuters) – The Swiss National Bank sold 5 million Swiss francs ($5.1 million) worth of foreign ...
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    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 ...
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    Pound rallies after 1% fall as PM defends economic plan BoE buys gilts for 2nd day Euro up vs dollar; German inflation soars Japan signals readiness to intervene in FX again NEW YORK, Sept 29 (Reuters) – Sterling rose sharply in volatile trading on Thursday, rallying from record lows hit on Monday, after the Bank ...
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    FTSE 100 down 1.8%, FTSE 250 slides 3.1% Next’s slides on outlook cut Synthomer plunges after lowering annual profit outlook Sept 29 (Reuters) – London stocks sank on broad-based losses on Thursday, with the mid-caps index plunging 3.1%, as worries about fallout from the government’s new economic plan continued to roil markets. Relief from emergency ...
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    Sept 29 (Reuters) – A court in military-ruled Myanmar on Thursday jailed deposed leader Aung San Suu Kyi and her former economic adviser, Australian Sean Turnell, for three years for violating a secrets law, a source familiar with the proceedings said. Both had pleaded not guilty to charges of violating the official secrets act, which ...
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    BENGALURU, Sept 29 (Reuters) – Indian shares opened higher on Thursday after six consecutive sessions of losses, boosted by gains in metals and auto companies, with investors eyeing support from central banks to allay fears of a global recession. The NSE Nifty 50 index (.NSEI) rose 0.9% to 17,005 as of 0351 GMT, while the ...