Column: Buying the bear? Equity demand endured market pain: Mike Dolan

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 27, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register LONDON, June 29 (Reuters) – It’s a hard habit to break. You’d be forgiven for thinking the worst two-quarter period for … Read more

US business borrowing for equipment rises 16% in May – ELFA

The skyline is seen in Manhattan, New York City, US, August 21, 2021. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register June 23 (Reuters) – US companies borrowed 16% more in May to finance their investments in equipment compared to a year earlier, the Equipment Leasing and Finance Association (ELFA) … Read more

Get cracking with phasing out remaining Libor, UK watchdog says

Signage for Britain’s Financial Conduct Authority (FCA) regulator is seen at its head office in London, Britain, March 10, 2022. REUTERS/Toby Melville Register now for FREE unlimited access to Reuters.com Register LONDON, June 22 (Reuters) – The financial sector should not bet on remaining deadlines changing for the phasing out of the use of Libor … Read more

US Treasury’s new tribal office takes aim at tax, finance inequities -Yellen

US Treasury Secretary Janet Yellen testifies before a Senate Finance Commmittee hearing on President Biden’s 2023 budget, on Capitol Hill in Washington, US, June 7, 2022. REUTERS/Evelyn Hockstein Register now for FREE unlimited access to Reuters.com Register ROSEBUD, South Dakota, June 21 (Reuters) – US Treasury Secretary Janet Yellen said on Tuesday the department’s new … Read more

Market positioning suggests more pain for equities despite the route, Bank of America says

A trader walks by the New York Stock Exchange (NYSE) in Manhattan, New York City, US, May 19, 2022. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register LONDON, June 17 (Reuters) – A market trends indicator by BofA Securities fell to zero for the first time since the pandemic-induced mayhem … Read more

Euro zone finance ministers fail to choose new head of bailout fund

European Commission Director-General for Economic and Financial Affairs (ECFIN) Marco Buti speaks during a news conference in London July 23, 2010. REUTERS/Stefan Wermuth/File Photo Register now for FREE unlimited access to Reuters.com Register LUXEMBOURG, June 16 (Reuters) – Euro zone finance ministers decided on Thursday to delay a vote to replace the outgoing head of … Read more

China’s banks scramble to raise capital and answer calls to support economy

People walk past the China Construction Bank booth at the 2021 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 3, 2021. REUTERS / Florence Lo Register now for FREE unlimited access to Reuters.com Register SHANGHAI, June 15 (Reuters) – China Construction Bank Corp (CCB) (601939.SS) started selling 60 billion yuan ($ … Read more

Care home firm Orpea, under pressure over practices, gets new financing

A view shows the logo of French care homes company Orpea at the entrance of a retirement home (EHPAD – Housing Establishment for Dependant Elderly People) in Reze near Nantes, France, February 2, 2022. REUTERS / Stephane Mahe Register now for FREE unlimited access to Reuters.com Register PARIS, June 13 (Reuters) – French care home … Read more

Turkish lira seesaws after economy steps, bond yields slide

Woman holds Turkish Lira banknotes in this illustration taken May 30, 2022. REUTERS / Dado Ruvic / Illustration Register now for FREE unlimited access to Reuters.com Register Lira has tumbled 23% this year on top of 44% slide in 2021 Central bank measure seen boosting demand for bonds Banks lead shares higher on Borsa Istanbul … Read more

Jordan lays out 10 year blueprint to revive economy

The Amman cityscape in the evening light in Amman, Jordan October 7, 2019. REUTERS / Russell Boyce Register now for FREE unlimited access to Reuters.com Register King pushes for reforms resisted by conservative establishment Blueprint seeks to rejuvenate the sluggish economy Rising youth unemployment biggest challenge facing country DEAD SEA, Jordan, June 6 (Reuters) – … Read more