ECONOMICS
Europe, which has imposed tariffs of up to 45 percent on Chinese electric vehicles, fears Beijing is rapidly shifting parts of its EV manufacturing supply chain to nearby Morocco in an effort to bypass those duties and gain easier access to the European market. EU Trade Commissioner Maroš Šefčovič has
Soaring Rent, Food Costs Keep US Inflation on Front Burner; Labor Market Tight
By Lucia Mutikani, Reuters. WASHINGTON — U.S. consumer prices increased more than expected in September...
Wall Street Rallies, Technicals Help Market Rebound
NEW YORK (Reuters) — U.S. stocks ended sharply higher on Thursday, Oct. 13 as investors pulled back on...
Investors Worry About Hiring Outlook, Spending Before US Earnings
NEW YORK (Reuters) — The outlook for jobs and spending may be chief among concerns for investors heading...
BoJ’s Kuroda Warns Against Fast, One-sided Yen Falls
By Leika Kihara, Reuters. WASHINGTON — Bank of Japan (BoJ) Governor Haruhiko Kuroda said on Wednesday...
The Implosion of the Bond Market
Financial Analysis Historically, fixed-income securities such as bonds — especially the investment-grade...
Goldman Hikes Third-Quarter GDP Growth Estimate to 1.9%
NEW YORK (Reuters) — Global investment firm Goldman Sachs boosted its third-quarter GDP growth estimate...
Saudi Wealth Fund Raises $3 Billion in Debut Green Bonds
DUBAI (Reuters) — Saudi Arabia's Public Investment Fund was set to raise $3 billion on Wednesday, Oct...
UK Housing Market May Face Perfect Storm as Mortgage Rates Rise, House Prices Drop
By Andy Bruce, Sinead Cruise and Carolyn Cohn, Reuters. LONDON — A surge in borrowing costs and a...
VTB Bank Urges Putin to Curb Western Grain Traders’ Russian Ops
MOSCOW/HAMBURG (Reuters) — Sanctions-hit VTB Bank has urged President Vladimir Putin to curb the activities...