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

UK rises up the rankings for ease of doing business – survey

People enjoy warm weather in front of the city of London financial district in London, Britain, May 18, 2022. REUTERS / Hannah McKay Register now for FREE unlimited access to Reuters.com Register LONDON, June 28 (Reuters) – Britain has become an easier place to do business thanks in part to its response to the COVID-19 … Read more

Canada has a path to “soft landing,” finance minister says

Canada’s Finance Minister Chrystia Freeland reacts during a news conference before delivering the 2022-23 budget, in Ottawa, Ontario, Canada, April 7, 2022. REUTERS/Blair Gable Register now for FREE unlimited access to Reuters.com Register June 26 (Reuters) – Finance Minister Chrystia Freeland on Sunday said Canada still has a path to a “soft landing,” where it … 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

Brazil’s Economy Ministry tries to limit spending on fuel-related subsidies, sources say

Brazil’s Economy Minister Paulo Guedes speaks during an opening ceremony of the OECD meeting at the Itamaraty Palace in Brasilia, Brazil June 21, 2022. REUTERS / Adriano Machado Register now for FREE unlimited access to Reuters.com Register BRASILIA, June 22 (Reuters) – Brazil’s Economy Ministry is trying to limit the cost of higher cooking gas … 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

London’s FTSE 100 rises on boost from financial, energy stocks

A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain, August 24, 2015. REUTERS/Suzanne Plunkett Register now for FREE unlimited access to Reuters.com Register FTSE 100 up 1.5%, FTSE 250 adds 0.5% Kingspan sees drop in May, June orders; shares slump Euromoney jumps on $ 2 bln possible … 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

Stocks eye steepest slide since 2020 as central bankers roil markets

BOJ an outlier as leading central banks raise rates Investors’ recession fears grow US stocks set to bounce; S&P 500 seen up 0.9% LONDON, June 17 (Reuters) – World stocks headed for their worst week since markets’ pandemic meltdown in March 2020 as leading central banks doubled down on tighter policy in an effort to … Read more