UK

Euro slips as German coalition talks fail, heightens uncertainty

Euro slips as German coalition talks fail, heightens uncertainty

Published 20/11/2017

50 and 20 Euro banknotes are displayed in this picture illustration taken November 14, 2017. REUTERS/Benoit Tessier/IllustrationSINGAPORE (Reuters) - The euro hit a two-month low [more…]

Australia `brings a smile` with Ferry McFerryface, but not everyone gets the joke

Australia `brings a smile` with Ferry McFerryface, but not everyone gets the joke

Published 14/11/2017

In the grand tradition of Britain's Boaty McBoatface, Australian authorities are christening one of the ferries crossing Sydney's world famous harbour Ferry McFerryface, but some union workers aren't amused. [more…]

Australia ‘brings a smile’ with Ferry McFerryface, but not everyone gets the joke

Australia ‘brings a smile’ with Ferry McFerryface, but not everyone gets the joke

Published 14/11/2017

SYDNEY (Reuters) - In the grand tradition of Britain’s Boaty McBoatface, Australian authorities are christening one of the ferries crossing Sydney’s world famous harbour Ferry [more…]

Sterling steadies before Brexit debate, U.S. yields prop up dollar

Sterling steadies before Brexit debate, U.S. yields prop up dollar

Published 14/11/2017

Sterling was flat on the day at $1.3115, nursing losses after it skidded in the previous session against a backdrop of political turmoil as British lawmakers this week debate the U.K. government's plans for leaving the European Union. [more…]

Dollar set for biggest weekly drop in four weeks on tax concerns

Dollar set for biggest weekly drop in four weeks on tax concerns

Published 10/11/2017

The dollar edged higher on Friday as an overnight spike in U.S. Treasury bond yields prompted some investors to buy the greenback after some recent heavy selling. [more…]

Dollar rises vs yen, supported by Fed rate hike expectations

Dollar rises vs yen, supported by Fed rate hike expectations

Published 06/11/2017

The dollar touched its highest level in nearly eight months versus the yen on Monday, supported by expectations for continued monetary policy divergence between the Federal Reserve and the Bank of Japan. [more…]

Lotte gets approval for China property project as bilateral tensions ease

Lotte gets approval for China property project as bilateral tensions ease

Published 06/11/2017

Lotte Corp (004990.KS) said on Monday that a major property development in China had received approval from local authorities to start a second phase of construction - the latest sign that tension between Beijing and Seoul is easing. [more…]

Dollar hits seven-week highs before payrolls

Dollar hits seven-week highs before payrolls

Published 06/10/2017

The U.S. dollar index rose to seven-week highs on Thursday as data pointed to solid U.S. growth, a day before Friday's highly anticipated jobs report for September. [more…]

Soaring U.S. yields pushes dollar up for second day

Soaring U.S. yields pushes dollar up for second day

Published 03/10/2017

The dollar climbed for a second consecutive day on Tuesday as a strong reading for U.S. manufacturing activity pushed bond yields higher, prompting investors to trim some of their extreme short bets against the greenback. [more…]

Hedge fund Marathon eyes bad loans in Britain on Brexit slowdown

Hedge fund Marathon eyes bad loans in Britain on Brexit slowdown

Published 29/09/2017

U.S. credit hedge fund Marathon Asset Management sees buying opportunities in British non-performing loans as Britain's economy slows down following its vote to leave the European Union, the fund's chief executive said on Thursday. [more…]