Factbox-Fed chief Powell's Jackson Hole history: The good, the bad and the ugly

Federal Reserve Chair Jerome Powell historically has come to the influential economic symposium held each August in Jackson Hole, Wyoming, with an urgent task in mind - whether debuting a new way of conducting monetary policy or schooling wayward markets.

newspaper

24-08-2023

Analysis-With central banks' job half done, global inflation talk is shifting

Inflation has tumbled spectacularly across much of the world this year but the job is only half done, even if top central banks are now getting ready to wrap up their most aggressive interest rate hike cycle in history.

newspaper

23-08-2023

China should stick to 'houses are for living, not for speculation' - state media

China should adhere to the principle that "houses are for living in, not for speculation" for the time being, the state-run Economic Daily said in an editorial on Wednesday, amid an economically damaging downturn in the property sector.

newspaper

23-08-2023

Analysis-Lithium buyers eye cheaper early-stage deals in Australia

Emerging Australian lithium companies are witnessing a surge in buyouts as their lower valuations and cash needs attract some of the world's top producers of the battery material and other suitors who are racing to secure supplies.

newspaper

22-08-2023

UPS Teamsters ratify contract, eliminating US strike risk

(Reuters) -U.S. workers at United Parcel Service have ratified a new five-year contract, the Teamsters union said on Tuesday, closing the door on a potential strike that could have put timely Christmas deliveries in doubt and sent shipping costs soaring.

newspaper

22-08-2023

Toronto equity forecasts reduced as downside risks lurk - Reuters poll

Canada's commodity-linked main stock index is expected to rise less than previously expected over coming months and could see a correction as investors grapple with a slowdown in China and higher borrowing costs, a Reuters poll found.

newspaper

22-08-2023

Toronto equity forecasts reduced as downside risks lurk

TORONTO (Reuters) -Canada's commodity-linked main stock index is expected to rise less than previously expected over coming months and could see a correction as investors grapple with a slowdown in China and higher borrowing costs, a Reuters poll found.

newspaper

22-08-2023

Toronto equity forecasts reduced as downside risks lurk: Reuters poll

Canada's commodity-linked main stock index is expected to rise less than previously expected over coming months and could see a correction as investors grapple with a slowdown in China and higher borrowing costs, a Reuters poll found.

newspaper

22-08-2023

FTX's Bankman-Fried 'subsisting on bread and water' in jail, lawyer says

NEW YORK (Reuters) -FTX cryptocurrency exchange founder Sam Bankman-Fried is "subsisting on bread and water" because the federal jail where he is being held ahead of his fraud trial has not provided him with a vegan diet as he requested, his lawyer said on Tuesday.

newspaper

22-08-2023