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Hedge funds hook shipping stocks grappling for recovery

Hedge funds hook shipping stocks grappling for recovery

Published 16/02/2018

LONDON (Reuters) - Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675 [more…]

Yen firmer but below five-month peak vs dollar- eyes on global equitie

Yen firmer but below five-month peak vs dollar- eyes on global equitie

Published 12/02/2018

A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/IllustrationSINGAPORE (Reuters) - The yen edged higher versus the dollar [more…]

Euro holds near three-year highs as rising yields fail to lift dollar

Euro holds near three-year highs as rising yields fail to lift dollar

Published 02/02/2018

Two Euro coins are seen at the Money Service Austria company's headquarters in Vienna, Austria, November 16, 2017. REUTERS/Leonhard FoegerLONDON (Reuters) - The euro held [more…]

China’s Alibaba invests $146 million in Indian online grocer BigBasket

China’s Alibaba invests $146 million in Indian online grocer BigBasket

Published 02/02/2018

Employees arrange tomatoes before weighing them at a Big Basket warehouse on the outskirts of Mumbai November 4, 2014. REUTERS/Danish SiddiquiMUMBAI (Reuters) - A unit [more…]

Asia shares extend bull run, dollar crawls off lows

Asia shares extend bull run, dollar crawls off lows

Published 29/01/2018

Asian shares extended their bull run on Monday amid upbeat corporate earnings and strong global economic growth, while the dollar tried to bounce even as the White House continued to complain of "unfair" trade practices by competitors. [more…]

Brexit legislation under fire as it enters upper house

Brexit legislation under fire as it enters upper house

Published 29/01/2018

Britain's Prime Minister Theresa May leaves 10 Downing Street, London, January 24, 2018. REUTERS/Toby MelvilleLONDON (Reuters) - British Prime Minister Theresa May faces a fresh [more…]

Uproar over crackdown on cryptocurrencies divides South Korea

Uproar over crackdown on cryptocurrencies divides South Korea

Published 12/01/2018

A man walks past an electric board showing exchange rates of various cryptocurrencies at Bithumb cryptocurrencies exchange in Seoul, South Korea, January 11, 2018. REUTERS/Kim [more…]

Euro surges above $1.21 to three-year high- yuan hits four-month peak

Euro surges above $1.21 to three-year high- yuan hits four-month peak

Published 12/01/2018

The euro surged above $1.21 to a three-year high on Friday on bets the European Central Bank is getting ready to wind down its huge monetary stimulus, and after German Chancellor Angela Merkel reached a deal that should lead to the formation of a "grand coalition" government. [more…]

Dollar extends losses vs yen after BOJ tapering talk

Dollar extends losses vs yen after BOJ tapering talk

Published 10/01/2018

FILE PHOTO: Japan Yen and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File PhotoTOKYO (Reuters) - The dollar extended [more…]

Cryptocurrency stocks holding gains despite bitcoin pullback

Cryptocurrency stocks holding gains despite bitcoin pullback

Published 22/12/2017

FILE PHOTO: Sparks glow from broken Bitcoin (virtual currency) coins in this illustration picture, December 8, 2017. REUTERS/Dado Ruvic/Illustration/File PhotoNEW YORK (Reuters) - Stocks that [more…]