Asia stocks slide, oil extends gains on Middle East risks
By Kevin Buckland TOKYO (Reuters) – Asia stocks sank on Wednesday, catching up with the sell-off on Wall Street after Iran’s ballistic missile strike on Israel provoked fears of a…
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Dollar firm as war widens in Middle East
SYDNEY (Reuters) – The dollar held its sharpest gain in a week on Wednesday after an Iranian missile attack on Israel drove buying of safe assets as investors fretted about…
UK pay awards hold at 2-year low, IDR survey shows
LONDON (Reuters) – Pay settlements awarded by British employers held at their lowest in two years in the three months to August, according to a survey that could reassure the…
Airlines scramble to divert flights after Iran missile attack
PARIS (Reuters) – Israel’s neighbours closed airspace and airline crews skirted an escalating conflict, with many seeking diversions, after Iran fired a salvo of ballistic missiles at Israel on Tuesday.…
IMF ‘too polite’ on China policies, financing assurances, US Treasury official says
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund is “too polite” when it comes to criticizing China’s economic policies and should more fully disclose financing assurances given by…
Morning Bid: Markets bunker down as Iran-Israel tensions spark
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The final quarter of the year is under way, and the sense of caution that characterized…
Anti-ESG backlash in US is overstated, JPMorgan exec says
By Virginia Furness LONDON (Reuters) – The impact of a political backlash against environmental, social and governance-related (ESG) issues in the United States is overstated and having little bearing on…
HSBC sees RBNZ poised for 50bp rate cut in October
On Monday, HSBC Global Research adjusted its forecast for the Reserve Bank of New Zealand (RBNZ), anticipating more aggressive interest rate cuts in the upcoming months due to signs of…
Fed liquidity tools see demand ease amid new repo market anxieties
By Michael S. Derby NEW YORK (Reuters) – Inflows into Federal Reserve liquidity tools eased on the first day of the new quarter, although some in markets now worry there…
Key US short-term rate surges amid month-end turbulence
NEW YORK (Reuters) – A key U.S. overnight funding interest rate jumped on Monday in a sign of tighter liquidity in money markets at the end of the month and…