LONDON (Reuters) – Sudan’s president is wanted for crimes against humanity, the economy has lost much of its oil output and the government is in arrears with the IMF. And yet Osama Faisal’s target of boosting foreign investment tenfold is not quite as daunting... More »
FILE PHOTO: Bitcoin (virtual currency) coins placed on Dollar banknotes, next to computer keyboard, are seen in this illustration picture, November 6, 2017. REUTERS/Dado Ruvic/Illustration/File Photo LONDON (Reuters) – Bitcoin blasted to another all-time high ... More »
SEOUL (Reuters) – South Korea’s finance minister said on Monday that relevant ministries are in talks to decide whether trading of bitcoins should be regulated. “We’re looking at its speculative nature, as well as situation in other countries as we review,” Ki... More »
(Reuters) – Cboe Global Markets Inc and CME Group Inc will launch futures contracts on bitcoin on Dec. 10 and Dec. 17 respectively. Here are some of the differences between the products to be offered by the exchange operators. CONTRACT UNIT -The Cboe Bitcoin F... More »
Britain’s Prime Minister Theresa May is welcomed by European Commission President Jean-Claude Juncker at the EC headquarters in Brussels, Belgium December 8, 2017. REUTERS/Yves Herman BRUSSELS/LONDON (Reuters) – Britain and the European Union struck a deal on ... More »
The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, December 6, 2017. REUTERS/Staff/Remote LONDON (Reuters) – A breakthrough in Brexit negotiations pushed sterling to a six-month high against the euro on Friday and add... More »
British Pound Sterling banknotes are seen in a counter machine at the Money Service Austria company’s headquarters in Vienna, Austria, November 16, 2017. REUTERS/Leonhard Foeger TOKYO (Reuters) – Sterling rose while the euro edged down on Friday, as traders wa... More »
FILE PHOTO: A bitcoin sign is seen during Riga Comm 2017, a business technology and innovation fair in Riga, Latvia November 9, 2017. REUTERS/Ints Kalnins/File Photo TOKYO (Reuters) – Bitcoin tumbled more than 12 percent in volatile Asian trading on Friday, dr... More »
Jordanian Dinar, Yuan, Dollar, Canadian Dollar, Pound and Riyals banknotes are seen in this picture illustration taken June 13, 2017. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) – How much are you worth? For the FX and bond analysts covering the world’s b... More »
A woman walks in strong wind caused by Typhoon Lan, past an electronic board showing the graphs of the recent movements of Japan’s Nikkei average outside a brokerage in Tokyo, Japan, October 23, 2017. REUTERS/Issei Kato SYDNEY (Reuters) – The U.S. dollar bounc... More »
Pound coins are seen in front of a displayed U.S. 100 dollar banknote in this picture illustration taken January 18, 2017. REUTERS/Dado Ruvic/Illustration TOKYO (Reuters) – The dollar was broadly higher on Monday, reaching a 2-1/2-week peak against the yen, li... More »
Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the "petro" backed by oil reserves to shore up a collapsed economy. More »
The German Central Bank (Bundesbank) presents the 50 euro banknote at its headquarters in Frankfurt, Germany, March 16, 2017. REUTERS/Kai Pfaffenbach LONDON (Reuters) – The euro edged higher for a third consecutive day on Friday as investment flows propped up ... More »
A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai LONDON/MILAN (Reuters) – European shares fell on Friday despite strong euro zone factory data, after a delay to a keenly awaited U.S. tax reform bill... More »
FILE PHOTO: Jeremy Corbyn, the leader of Britain’s opposition Labour Party speaks at the Conferederation of British Industry’s annual conference in London, Britain, November 6, 2017. REUTERS/Mary Turner/File Photo LONDON (Reuters) – Britain’s opposition Labour... More »
A manufacturer displays camera housing during the China Public Security Expo in Shenzhen, China October 30, 2017. Picture taken Octoberr 30, 2017. REUTERS/Bobby Yip LONDON/HONG KONG (Reuters) – Global manufacturing expanded at the fastest pace in years last mo... More »
Tezos co-founder and CTO Arthur Breitman and his wife and co-founder Kathleen Breitman respond to questions during the Money 20/20 conference in Las Vegas, Nevada, U.S. on October 24, 2017. REUTERS/Steve Marcus – RC1BF6690CD0 NEW YORK/ZURICH (Reuters) – The co... More »
Bitcoin (virtual currency) coins placed on Dollar banknotes are seen in this illustration picture, November 6, 2017. REUTERS/Dado Ruvic/Illustration FRANKFURT (Reuters) – Central bankers say the success of bitcoin and other cryptocurrencies is just a bubble. B... More »
South African bank notes featuring images of former South African President Nelson Mandela (R) are displayed next to the American dollar notes in this photo illustration in Johannesburg August 13 2014. REUTERS/Siphiwe Sibeko JOHANNESBURG (Reuters) – South Afri... More »
DUBAI (Reuters) – Some Arab states are trying to destabilize Qatar’s riyal but efforts to drive down its value could backfire by hurting other dollar-linked currencies in the region, a Qatari central banker said. Khalid Alkhater, currently in Britain on leave ... More »
FILE PHOTO: Two Euro coins are seen after being minted in the Austrian Mint (Muenze Oesterreich) headquarters in Vienna June 20, 2013. EUTERS/Leonhard Foeger /File Photo TOKYO (Reuters) – The euro hit a two-month high versus the dollar and held firm against ot... More »
Passersby are reflected in an electronic stock quotation board outside a brokerage in Tokyo, Japan, October 23, 2017. REUTERS/Issei Kato TOKYO (Reuters) – Asian shares hovered below their 10-year peak on Friday while mainland Chinese shares dropped to three-mo... More »
FILE PHOTO: British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo TOKYO (Reuters) – The dollar wobbled in thin trading on Friday, on track for losses against most rivals in ... More »
European Council President Donald Tusk looks on during a news conference at a European Union leaders summit in Brussels, Belgium October 20, 2017. REUTERS/Dario Pignatelli BRUSSELS (Reuters) – A summit of euro zone leaders will go ahead as planned in the middl... More »
European Council President Donald Tusk looks on during a news conference at a European Union leaders summit in Brussels, Belgium October 20, 2017. REUTERS/Dario Pignatelli BRUSSELS (Reuters) – A summit of euro zone leaders will go ahead as planned in the middl... More »
German Chancellor Angela Merkel of the Christian Democratic Union (CDU) during the exploratory talks about forming a new coalition government in Berlin, Germany, November 19, 2017. REUTERS/Axel Schmidt BERLIN (Reuters) – Chancellor Angela Merkel said on Monday... More »
People walk past an electronic board showing exchange rate between Japanese Yen and U.S. Dollar outside a brokerage at a business district in Tokyo, Japan August 9, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Asian shares pulled back on Monday with investor... More »
FILE PHOTO: A worker looks on as a drill breaks the pavement on a construction site next to Barangaroo building complex in Sydney’s central business district (CBD) Australia, November 9, 2017. REUTERS/Daniel Munoz SYDNEY (Reuters) – Australia’s economy is expe... More »
FILE PHOTO: Japan’s Prime Minister Shinzo Abe delivers his policy speech at the lower house of parliament in Tokyo, Japan, November 17, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe said on Monday that the government and the... More »
50 and 20 Euro banknotes are displayed in this picture illustration taken November 14, 2017. REUTERS/Benoit Tessier/Illustration SINGAPORE (Reuters) – The euro hit a two-month low against the yen on Monday, as German Chancellor Angela Merkel’s efforts to form ... More »
FILE PHOTO: A Chinese national flag flutters outside the headquarters of the People’s Bank of China, the Chinese central bank, in Beijing, China April 3, 2014. REUTERS/Petar Kujundzic/File Photo BEIJING (Reuters) – China’s central bank on Friday issued sweepin... More »
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 »
Asian stocks put in a subdued performance on Tuesday as Chinese economic data disappointed and investors pondered whether a marked flattening in the U.S. yield curve might be a harbinger of a future slowdown there. More »
Japanese wages will rise by 2.0 percent to 2.5 percent at next spring's annual negotiations, falling short of Prime Minister Shinzo Abe's goal of 3 percent, economists polled by Reuters predicted. More »
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 »
World stocks edged lower on Friday on signs that U.S. tax reforms could be delayed after Senate Republicans offered a plan that differed significantly from the House of Representatives' version. More »
Bitcoin dropped below $7,000 on Friday to trade more than 5 percent down on the day, having fallen by well over $1,000 since hitting an all-time high on Wednesday. More »
China's central bank said on Thursday that foreign investors would be permitted to trade in bond derivatives in the country's interbank market. More »
Asian shares stepped back from recent decade highs on Monday while major currencies held in tight ranges and oil jumped to a more than two-year peak as Saudi Arabia's crown prince cemented his power through an anti-corruption crackdown. More »
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 »
Croatia aims to become a euro zone member within the next seven to eight years, Prime Minister Andrej Plenkovic said on Monday. More »
The dollar edged away from last week's three-month highs on Monday, while the euro nursed losses after the European Central Bank and unrest in Spain's Catalonia led it to post its worst week this year. More »
Asian shares climbed on Monday, as technology stocks were bolstered by solid earnings from U.S. tech stalwarts and on strong pre-orders for Apple's iPhone X, while oil hovered around a 2-year peak on supply fears. More »
Poland wants the euro zone to become stronger before making a decision whether to join the single currency, Finance Minister Mateusz Morawiecki said. More »
South Korea's central bank is expected to raise interest rates for the first time in more than six years at its Nov. 30 meeting, months earlier than previously anticipated, after the economy grew at a robust pace in the third quarter. More »
Asian shares gained on Friday as technology stocks were boosted by upbeat earnings from U.S. high-tech giants while the euro hovered near a three-month low against the dollar after the European Central Bank extended its stimulus. More »
Australian Prime Minister Malcolm Turnbull said on Friday the "business of government goes on" despite a citizenship crisis that ousted his deputy and cost the government its parliamentary majority. More »
Singapore's labor demand is expected to improve in the near term but accumulated slack in the market will take time to be absorbed and wage pressures are unlikely to build up rapidly, the central bank said on Friday. More »
China's focus on the quality of its growth rather than on the pace of its expansion will boost productivity and reduce financial vulnerability, developments that would be positive for the country's ratings, Moody's Investors Service said. More »
China's central bank has sent queries to some banks to gauge market demand for two-month reverse repurchase agreements, a person with knowledge of the matter said on Thursday, as fresh worries about liquidity buffeted its financial markets. More »
The euro had its worst day against the dollar in 16 months on Thursday after the European Central Bank began weaning the euro zone off loose monetary policy, while U.S. Treasury yields rose slightly, hurt by weak demand at an auction of 7-year notes. More »
The European Central Bank on Thursday took a step towards weaning the euro zone off loose money on Thursday but promised years of stimulus and even left the door open to backtracking. More »
A military option must remain on the table in dealing with North Korea's nuclear program, Foreign Secretary Boris Johnson said on Monday, adding that nobody wants tensions in the Korean peninsula to be resolved in such a way. More »
Foreign Secretary Boris Johnson on Monday urged "friends and partners" in Brussels to advance Brexit talks to focus on their future trade relationship, adding that both sides now needed to think creatively to find a solution. More »
There is absolutely no doubt that a deal between Western powers and Iran to curb its nuclear program will survive despite the United States' decision not to recertify the deal, Britain's foreign minister Boris Johnson said on Monday. More »
Japanese Prime Minister Shinzo Abe's convincing election victory lifted the Nikkei to its highest in 21 years and world stocks to an all-time high on Monday, despite an escalation of Spain's constitutional crisis that weighed on the country's banks. More »
Prime Minister Paolo Gentiloni's government will propose its candidate for Bank of Italy governor at a Cabinet meeting on Friday, a government source said on Monday. More »
The dollar touched a three-month high against the yen on Monday, with investors betting that an emphatic election victory for Japan's ruling party would see a continuation of the ultra-loose "Abenomics" policy that have kept downward pressure on the yen. More »
Companies are not bluffing when they threaten to move business from London due to uncertainty over Britain's departure from the European Union, mayor Sadiq Khan said on Monday, adding a transition deal would allow them to make plans more securely. More »
Members of the Bank of England interest rate setting committee were speaking in parliament on Tuesday. They also supplied statements to the Treasury Committee. Below are some of their comments: More »
New Bank of England Deputy Governor Dave Ramsden said on Tuesday he was in no hurry to vote for an interest rate hike because he saw little sign of inflation pressure building in Britain's labor market. More »
Chinese exporters at the country's biggest trade fair are more optimistic about global demand now than six months ago but Beijing's crackdown on pollution is ramping up costs and product prices, hurting smaller factories and foreign buyers. More »
World equity markets held close to all-time highs on Tuesday, as investors latched on to rising bets on higher borrowing costs in the U.S. and Britain. More »
It is time that authorities in Europe and the other rich parts of the world take the fight against financial bubbles "more seriously" or risk facing another financial crisis, the vice-president of the European Central Bank said on Tuesday. More »
Wages and inflation in the 19-country euro zone will eventually rise but more slowly than earlier thought, requiring continued patience from policymakers, European Central Bank President Mario Draghi said on Saturday. More »
The European Central Bank is concerned about the use of virtual currencies because it is unclear who the issuer is and who guarantees them, ECB Executive Board member Yves Mersch said on Friday. More »
World stocks rose for a fourth straight day on Friday on expectations of broad-based global growth, while the dollar headed for its worst week in five as investors awaited U.S. inflation data. More »
Investors who lend billions of euros to Spain every year are struggling to sketch out the repercussions for the country's finances of a possible independence proclamation by the wealthy region of Catalonia. More »
Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country's service sector did little to dent optimism on global growth, while political uncertainty caused turbulence for the Turkish and British currencies. More »
The party holding the balance of power in New Zealand's election said on Monday foreign ownership restrictions would be part of its coalition talks, after a final tally showing greater support for the center-left bloc drove the local dollar to a four-month low... More »
The dollar held steady against the yen on Monday, having retreated from 12-week highs set last week, due to renewed focus on geopolitical risks amid concerns that North Korea may be preparing another missile test. More »
Asian currencies, on an upswing since the start of the year, are unlikely to trade higher than they are now in a year, held back as the U.S. Federal Reserve presses on with further interest rate rises, a Reuters poll found. More »
Asian stocks rose on Friday and the dollar hit a seven-week peak, riding on economic optimism ahead of a U.S. job report later in the day. More »
The dollar hit seven-week highs versus a basket of currencies on Friday, supported by hopes for progress on U.S. tax reforms, while sterling was under the gun on worries over a possible leadership battle in the British government. More »
Japanese Finance Minister Taro Aso said on Friday he would meet U.S. Vice President Mike Pence in Washington D.C. on Oct. 16 for the second round of an economic dialogue between the two countries. More »
Mexican officials warned on Thursday that U.S. proposals in ongoing NAFTA negotiations would result in protectionism and higher prices rather than free trade, as concerns about the future of the deal helped drag the peso to four-month lows. More »
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 »
World shares hit their latest in a run of record highs on Tuesday, while the dollar was at it loftiest in 1-1/2 months as encouraging U.S. data lifted it in tandem with global bond yields. More »
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 »
The chief executive of Canada's biggest lender on Thursday pushed back on a suggestion by JPMorgan (JP.N) Chief Executive Jamie Dimon that bitcoin is a fraud, though he said the cryptocurrency needs monitoring. More »
Japan's Financial Services Agency said on Friday it has approved 11 companies as operators of cryptocurrency exchanges, in a move that sets the country apart from its neighbors which are tightening their grip on virtual money. More »
Weeks after Beijing banned fundraising through token launches and ordered some bitcoin exchanges to shut, casting a chill over the cryptocurrency industry, traders say that the market is far from dead. More »
The dollar was set for its biggest weekly rise in 2017 and stocks rose across the world after U.S. President Donald Trump proposed the biggest tax overhaul in three decades in the United States. More »
South Korea's financial regulator on Friday said it will ban raising money through all forms of virtual currencies, a move that follows similar restrictions in China on initial coin offerings. More »
Frontier economies including Tajikistan and Iraq along with credit-hungry Asian firms led emerging market borrowing in the July-September quarter, as 2017 shapes up to be another record year for debt sales. More »
European shares edged down on Monday as investors took a cautious view of the upcoming coalition tussle in Germany following elections in which Chancellor Angela Merkel secured a fourth term but saw her party weakened by a surge in support for the far-right. More »
Bank of Japan Governor Haruhiko Kuroda warned that escalating tensions in North Korea were among risks to an otherwise brightening global economic outlook, stressing that the central bank was closely watching the impact on markets and Japan's economy. More »
The euro snapped a two-day rising streak and edged lower on Monday after the German election results prompted some investors to lock profits into one of the most profitable currency trades of the year. More »
The euro slipped on Monday after German Chancellor Angela Merkel won a fourth term but faced a fractured parliament as support for the far-right surged, while Asian shares pulled back, weighed by concerns about China's economy. More »
An index of world stocks hit a record high on Monday and the dollar rose to a more-than seven-week peak against the yen as investors awaited clues from the U.S. Federal Reserve on the timing of further rate hikes, while tensions over North Korea eased. More »
World stocks hit another record high on Monday and the dollar reached an eight-week peak against the yen on expectations the U.S. Federal Reserve will unveil plans this week to trim its bloated balance sheet. More »
After years of bailing out Greece, the idea of letting more poorer states into the euro zone has sparked controversy, particularly in Germany, where Chancellor Angela Merkel is seeking re-election in two weeks time. More »
European Commission chief Jean-Claude Juncker urged European Union governments on Wednesday to use economic recovery and Brexit as springboards toward a closer union, built on an expanded euro zone and a pivotal role in world trade. More »
The dollar rose on Monday and world shares climbed back towards record highs, on relief that North Korea did not conduct a further missile test at the weekend when it celebrated its founding anniversary. More »
China's largest bitcoin exchanges said on Monday they were still awaiting clarification from the government following more media reports that Beijing was planning to ban trading of virtual currencies on domestic exchanges. More »
The dollar edged higher on Monday after posting its biggest weekly drop in two months as a decline in risk aversion spurred some investors to cover their short positions before U.S. inflation data later this week. More »
Norwegians will go to the polls for a final day of voting on Monday in a parliamentary election that remains too close to call between Prime Minister Erna Solberg's center-right bloc and the center-left opposition headed by the Labour Party. More »
London remains the globe's most attractive financial center, extending its lead over New York despite Britain's looming departure from the European Union, a survey found on Monday. More »
The U.S. dollar won a reprieve from risk aversion on Monday after North Korean dictator Kim Jong Un decided to hold a party over the weekend rather than launch another missile, tempering safe havens such as the yen and Treasuries. More »
Europe's regulators are competing to hire risk specialists to prepare for an influx of banks escaping Brexit, nudging up salaries and stretching staff budgets. More »
