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U.S. dollar soars to two-decade high as Fed flags more large hikes
By Gertrude Chavez-DreyfussNEW YORK (Reuters) -The dollar surged to a fresh two-decade high on Wednesday after the Federal Reserve…
U.S. bank CEOs grilled by Congress over economy, consumer protections, Russia ties
By Pete Schroeder and Lananh NguyenWASHINGTON (Reuters) -The chief executives of JPMorgan, Bank of America (NYSE:BAC), Citigroup…
China leaves lending benchmarks unchanged amid global rates squeeze
SHANGHAI (Reuters) - China kept its benchmark lending rates unchanged at a monthly fixing on Tuesday, as expected, as authorities appeared…
Dollar stands tall as focus swings back to Fed
By Rae WeeSINGAPORE (Reuters) - The dollar stood near recent peaks on Thursday as markets increased bets the Fed has more work to do in…
Euro jumps on hawkish ECB signals, weakening dollar
By Kevin Buckland and Alun JohnTOKYO/LONDON (Reuters) - The euro jumped to a more than three-week peak versus the dollar on Monday, as…
More worries for U.S. stocks, bonds: Fed ramps up ‘QT’
By David RandallNEW YORK (Reuters) - As the Federal Reserve accelerates the unwinding of its balance sheet this month, some investors…
Japan planning new economic package in October after near-term help
By Daniel Leussink and Kantaro KomiyaTOKYO (Reuters) -Japanese Prime Minister Fumio Kishida said the government will present another…
A year on, El Salvador’s bitcoin experiment is stumbling
By Nelson RenteriaCONCHAGUA, El Salvador (Reuters) - A year after El Salvador adopted bitcoin as legal tender, the area where the…
Global equity funds post massive weekly disposals on rate-hike angst
(Corrects the sixth para in which the outflows from healthcare sector are changed to $546 million from $522 million, outflows from tech…
Japan warns against volatility as yen slumps to 24-year low
By Tetsushi Kajimoto and Kentaro SugiyamaTOKYO (Reuters) -The yen's fall to a 24-year low against the dollar on Thursday prompted…