The offices of Pacific Investment Management Co (PIMCO) are shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake Investors pulled $1.6 billion from the Pimco Total Return Fund in January, leaving assets under management of $75 billion, Morning... More »
Evidence that Dodd-Frank Act regulation is making lending conditions tighter is thin on the ground, at least for the vast majority of the U.S. economy. More »
As yields on risk-free Treasuries fell, private pension plans lowered their investment return assumptions but public plans did not. Instead, public pensions invested in risky assets. REUTERS/Graphics U.S. public pension funds are cutting their expectations for... More »
Wolfgang Schaeuble, German Minister of Finance attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 20, 2017. REUTERS/Ruben Sprich Germany believes the International Monetary Fund (IMF) will remain on board with Greece’s bailout,... More »
Dubai is finalizing a $3 billion, seven-year syndicated loan needed to back the expansion of Al Maktoum International Airport and plans to sign the facility over the next few weeks, banking sources familiar with the situation said on Monday. More »
Private citizens in Mongolia are donating cash, jewelry, gold and even horses to help the government make a near $600 million payment to bondholders next month. More »
Toshiba Corp chairman Shigenori Shiga attends a news conference at the company headquarters in Tokyo, Japan May 6, 2016. REUTERS/Issei Kato Toshiba Corp (6502.T) Chairman Shigenori Shiga is ready to step down to take responsibility for the huge writedowns loom... More »
Jared Kushner, senior advisor to President-elect Donald Trump arrives for the Presidential Inauguration of Trump at the U.S. Capitol in Washington, D.C., U.S., January 20, 2017. REUTERS/Saul Loeb/Pool By Joy WiltermuthNEW YORK (IFR) – Investors on Friday snapp... More »
A police officer keeps watch in front of the U.S. Federal Reserve building in Washington, DC, U.S. on October 12, 2016. REUTERS/Kevin Lamarque/File Photo The U.S. Federal Reserve will stop reinvestments of its mortgage-backed securities holdings in April 2018 ... More »
Investors pulled cash from stock funds and bought government bonds during the latest week, favoring a defensive stance over the risk-trading spectacle that has followed the presidential election, Lipper data for U.S.-based funds showed on Thursday. More »
FILE PHOTO – A man walks into the JP Morgan headquarters at Canary Wharf in London May 11, 2012. REUTERS/Dylan Martinez/File Photo Indonesia’s reform-minded finance minister seemed to invoke memories of the 1997-98 Asian financial crisis this week when explain... More »
A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly Executives of big U.S. banks expressed optimism on Friday about the outlook for 2017 in their first publi... More »
Investors in U.S.-based funds poured $4 billion into investment-grade corporate bond funds in the week ended Jan. 11, marking the funds’ biggest inflows since early February 2015, data from Thomson Reuters’ Lipper service showed on Thursday. More »
The headquarters of the U.S. Securities and Exchange Commission (SEC) are seen in Washington, July 6, 2009. REUTERS/Jim Bourg Money market mutual fund operators can expect a visit this year from federal securities regulators, who announced on Thursday they pla... More »
A vendor waits for customers at his shop in a market in Beijing, February 18, 2016. REUTERS/Jason Lee China vowed on Tuesday to contain high company debt levels and further cut excess coal and steel capacity, as Beijing attempts to maintain solid and more bala... More »
Afghan men build a house on a hilltop overlooking Kabul, Afghanistan January 1, 2017. REUTERS/Mohammad Ismail A new tax regime aimed at weaning Afghanistan off international aid has boosted government revenues but drawn complaints from some private businesses ... More »
An American Apparel store logo is pictured on a building along the Lincoln Road Mall in Miami Beach, Florida March 17, 2016. REUTERS/Carlo Allegri Canadian apparel maker Gildan Activewear Inc (GIL.TO) has won a bankruptcy auction for U.S. fashion retailer Amer... More »
German Economy Minister Sigmar Gabriel addresses a news conference in Berlin Germany, December 19, 2016. REUTERS/Fabrizio Bensch Germany’s insistence on austerity in the euro zone has left Europe more divided than ever and a break-up of the European Union is n... More »
The offices of Pacific Investment Management Co (PIMCO) (L) are shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake/Files Investors pulled $3.2 billion from the Pimco Total Return Fund, once the world’s largest bond fund, in December, bringin... More »
U.S.-based taxable bond funds netted cash for the first time in four weeks, Lipper data released on Thursday showed, a sign that savers may be less wary than the Federal Reserve of inflation under the incoming Trump administration. More »
Hedge fund investor Leon Cooperman, the chief executive of Omega Advisors, told CNBC on Thursday his firm’s assets had shrunk to $3.4 billion after the U.S. Securities and Exchange Commission’s insider trading charges. More »
U.S. money market fund assets decreased by $20.96 billion to $2.677 trillion in the week ended Jan 3, the Money Fund Report said on Wednesday. More »
The margin on bearish bets on longer-dated U.S. Treasuries over bullish positions shrank to its smallest since late November as bargain-minded investors emerged after the recent bond market selloff, a J.P. Morgan survey released on Wednesday showed. More »
The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany, December 8, 2016. REUTERS/Ralph Orlowski A sharp rebound in euro zone inflation and a better-than-expected business outlook are certain to fire up demands f... More »
A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/Files Indonesia has penalized JPMorgan Chase & Co after the investment bank’s research arm recommended a smaller exposure to the countr... More »
People line up to get into a Banco de Venezuela branch in San Antonio del Tachira, Venezuela December 13, 2016. REUTERS/Carlos Eduardo Ramirez Venezuela has issued $5 billion in bonds maturing in 2036 to a state-owned bank, a source familiar with the situation... More »
Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, December 30, 2016. REUTERS/Staff/Remote Euro zone stocks opened 2017 by climbing to their highest in more than a year on Monday after ... More »
U.S.-based stock funds pulled in $11.8 billion in the week ended Dec. 28, data from Lipper showed on Thursday, ending 2016 with an enthusiasm for stocks that had been lacking for the better part of the year. More »
Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly Investors’ enthusiasm for equities and corporate bonds showed little sign of waning during the latest week, with funds in ... More »
Pedestrians walk past a logo of Toshiba Corp outside an electronics retailer in Tokyo, Japan September 14, 2015. REUTERS/Toru Hanai/File Photo Shares in chips-to-construction group Toshiba Corp tumbled 20 percent on Wednesday, hitting the Tokyo exchange’s dail... More »
U.S.-based stock funds posted $21.6 billion in withdrawals during the latest week, Lipper data showed on Thursday, adding to a trend of outflows from actively managed mutual funds that has lasted much of the year. More »
Speculators dialed back their net bearish bets on Eurodollar futures from record highs after the Federal Reserve as expected raised interest rates last week, according to Commodity Futures Trading Commission data released on Friday. More »
The main entrance of the Monte dei Paschi bank headquarters is seen in Siena, Italy March 13, 2012. REUTERS/Max Rossi/File Photo On the morning of July 29, former Italian Industry Minister Corrado Passera was traveling in a high-speed train towards the medieva... More »
An electoral poster of Donald Trump is displayed on the floor of the New York Stock Exchange (NYSE) the morning after the U.S. presidential election in New York City, U.S., November 9, 2016. REUTERS/Brendan McDermid For some equity funds and those betting on m... More »
Australian Prime Minister Malcolm Turnbull attends a session during the B20 Summit ahead of G20 Summit, in Hangzhou, Zhejiang province, China September 4, 2016. REUTERS/Aly Song Australia’s conservative government on Monday forecast a A$10 billion deterioratio... More »
A Japanese flag flutters atop the Bank of Japan building in Tokyo, Japan, September 21, 2016. REUTERS/Toru Hanai/File Photo Japan’s government plans an initial budget of a record 97.45 trillion yen ($830 billion) for fiscal 2017, while keeping new debt issuanc... More »
The logo of Privatbank is pictured outside its branch in central Kiev, Ukraine, December 18, 2016. REUTERS/Valentyn Ogirenko Ukraine declared the country’s largest lender PrivatBank insolvent on Monday and said bringing it under state ownership was the only wa... More »
Euro zone lenders put a short-term debt relief deal for Greece on hold on Wednesday after the Athens government proposed a one-off payout to pensioners, the euro zone bailout fund ESM said. More »
Greek Finance Minister Euclid Tsakalotos delivers a speech during a parliamentary session before a budget vote in Athens, Greece, December 10, 2016. REUTERS/Alkis Konstantinidis Greek Finance Minister Euclid Tsakalotos on Thursday defended Athens’ plans to pay... More »
Investors piled into stock exchange-traded funds at the fastest pace since their record-setting haul following the U.S. presidential election, Lipper said on Thursday, as policymakers raised interest rates. More »
People sit outside the New York Stock Exchange (NYSE) during the morning commute in New York City, U.S., September 15, 2016. REUTERS/Brendan McDermid – US leveraged lending guidelines could ease if a Wall Street-friendly Trump administration tells regulators t... More »
Employers work at a construction site for an offshore oil platform in Qingdao, Shandong province, China, December 1, 2016. Picture taken December 1, 2016. REUTERS/Stringer China should set an economic growth target of around 6.5 percent for 2017, although it i... More »
A container ship is loaded at a terminal in the harbour of Hamburg, Germany September 23, 2012. REUTERS/Fabian Bimmer/File Photo Britain’s decision to leave the European Union, unpredictable U.S. policy under president-elect Donald Trump, and political uncerta... More »
The main entrance of the Monte dei Paschi bank headquarters is seen in Siena, Italy March 13, 2012. REUTERS/Max Rossi/File Photo The European Central Bank has rejected a request by Italy’s Monte dei Paschi di Siena (BMPS.MI) for more time to raise capital, a s... More »
A woman shows her phone operating Ant Check, an Alibaba-linked platform, at a cafe in Beijing, China, April 11, 2016. REUTERS/Shirley Feng/File Photo Ma Yiqing, 24, is typical of China’s younger generation – he uses his credit card frequently and borrows from ... More »
Principal Global Investors CEO Jim McCaughan poses during an interview with Reuters at his office in Tokyo, Japan, December 9, 2016. REUTERS/Kim Kyung-Hoon Principal Global Investors has upgraded its view on the U.S. economy and equities as it sees higher grow... More »
Investors are paying a price for not finding buyers for popular exchange-traded notes (ETN), used to bet on oil prices, that delisted from U.S. exchanges this week. More »
The headquarters of the European Central Bank (ECB) are illuminated with a giant euro sign at the start of the ”Luminale, light and building” event in Frankfurt, Germany, March 12, 2016. EUTERS/Kai Pfaffenbach/File Photo The European Central Bank is ready to t... More »
A man walks next to a poster in support of the ‘Yes’ vote in the upcoming constitutional reform referendum in Rome, Italy November 30, 2016. REUTERS/Tony Gentile Italy’s constitutional reform referendum on Sunday could lead to the resignation of Prime Minister... More »
The Bank of Italy logo is seen at the company’s headquarters in Milan, Italy, January 19, 2016. REUTERS/Stefano Rellandini/File Photo Speculators convinced the euro zone faces fresh instability have zeroed in on Italy’s constitutional reform referendum on Sund... More »
Governor of the Bank of France Francois Villeroy de Galhau attends a press conference after the Franco-German Financial Council meeting in Berlin, Germany, September 23, 2016. REUTERS/Axel Schmidt Italian voters’ defeat of a referendum on constitutional reform... More »
Italy’s Finance Minister Pier Carlo Padoan leaves at the end of a news conference at the Chigi Palace in Rome November 28, 2016. REUTERS/Tony Gentile Italian Economy Minister Pier Carlo Padoan will not attend meetings of European finance ministers on Monday an... More »
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration Investors pulled $4.1 billion from U.S.-based taxable-bond mutual funds, the most since June, as a bond selloff forced interest ... More »
The rout in world bond markets gathered pace in the past week, making November a watershed month for fund flows as bond funds chalked up their heaviest outflows in three and a half years, Bank of America Merrill Lynch said on Friday. More »
A packet of former U.S. President Abraham Lincoln five-dollar bill currency is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron/File Photo The DoubleLine Total Return Bond Fund had net outflows of $1.4 billio... More »
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, as two paramilitary police officials patrol around it in Beijing November 20, 2013. REUTERS/Jason Lee/File Photo China said on Monday it will stick to its opening up poli... More »
A two Euro coin is pictured next to an English ten Pound note in an illustration taken March 16, 2016. REUTERS/Phil Noble/Illustration/File Photo Euro zone governments are increasingly relying on hedge funds to help them meet their borrowing needs, which risks... More »
Greek Prime Minister Alexis Tsipras arrives at a European Union leaders summit in Brussels, Belgium October 21, 2016. REUTERS/Yves Herman Greece will continue talks with international creditors on fiscal and labor reforms, aiming to wrap up the second review o... More »
New Jersey Governor Chris Christie departs after meeting with U.S. President-elect Donald Trump at Trump National Golf Club in Bedminster, New Jersey, U.S., November 20, 2016. REUTERS/Mike Segar New Jersey Governor Chris Christie on Tuesday said he would not s... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 22, 2016. REUTERS/Brendan McDermid After a number of false starts since the term was first coined five years ago, the idea of a ‘Great Rotation’ out of bonds into ... More »
Investors pulled more money from U.S.-based bond funds during the latest week, Lipper data showed on Friday, adding to an onslaught following the U.S. presidential election. More »
Bank of Japan board member Takako Masai said on Monday it was too early to conclude that the BOJ’s new fixed-rate debt-buying operation will always go smoothly, but that the policy tool was successful last week in slowing gains in yields. More »
German Finance Minister Wolfgang Schaeuble arrives for the weekly cabinet meeting at the Chancellery in Berlin, Germany, November 9, 2016. REUTERS/Axel Schmidt Germany on Wednesday opposed calls for debt relief for Greece after U.S. President Barack Obama offe... More »
Swedish Minister of Finance Magdalena Andersson speaks at the 2016 IMF World Bank Spring Meeting in Washington, U.S., April 17, 2016. REUTERS/Joshua Roberts/File Photo Loosening euro zone budget rules and spending more to boost growth and jobs would put the bl... More »
French politician Francois Fillon (C), member of the conservative Les Republicains political party, arrives inside his campaign headquarters after partial results in the first round of the French center-right presidential primary election vote in Paris, France... More »
Investors who are uneasy about inflation from possible tax cuts and federal spending under a Trump administration on Thursday scooped up a hefty chunk of the $11 billion of 10-year Treasury Inflation Protected Securities the government offered. More »
Advertising covers the abandoned structure of an unfinished condominium in the Condado tourist district of San Juan, Puerto Rico August 31, 2013. REUTERS/Alvin Baez/File Photo The federal board overseeing Puerto Rico’s financial restructuring on Friday set a t... More »
Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York February 11, 2014. REUTERS/Brendan McDermid U.S. voters’ decision to install Donald Trump in the White House may extend the life of the aging, se... More »
Steven Einhorn, Vice Chairman of Omega Advisors, Inc., speaks during the Reuters Global Investment Outlook Summit in New York City, NY, U.S. November 14, 2016. REUTERS/Brendan McDermid Bayliss and Lawrence Delevingne More »
Dawn Fitzpatrick, global head of equities, multi-asset and the O’Connor hedge fund businesses at UBS Asset Management, speaks during the Reuters Global Investment Outlook Summit in New York City, U.S., November 17, 2016. REUTERS/Brendan McDermid Investors who ... More »
Government spending in China posted a rare drop in October, but still surged 10 percent in the first 10 months of the year as officials looked to shore up economic growth. More »
New houses are seen in Huaxi village, at Jiangsu province December 3, 2010. REUTERS/Carlos Barria/File Photo China’s economy largely showed further signs of steadying in October as expected, but disappointing retail sales growth and fears of U.S. trade frictio... More »
European Central Bank Vice President Vitor Constancio speaks during a Reuters Newsmaker event in New York February 19, 2016. REUTERS/Brendan McDermid The European Central Bank does not need to react to recent sharp increase in sovereign bond yields as post-ele... More »
The German share prize index (DAX) board is seen at the trading room of Frankfurt’s stock exchange (Boerse Frankfurt) during trading session in Frankfurt Germany, October 14, 2016. REUTERS/Kai Pfaffenbach The U.S. dollar hit an 11-month peak on Monday as the r... More »
The euro zone economy is on a solid run, with a string of good data pointing to a consumption-led recovery, but investment is still lagging so it is far from clear if forecasts need to be revised, ECB policymaker Yannis Stournaras said. More »
U.S. President elect Donald Trump speaks at election night rally in Manhattan, New York, U.S., November 9, 2016. REUTERS/Mike Segar/File Photo After Donald Trump’s unexpected victory in the U.S. presidential election, investors may refocus in the coming week o... More »
Investors in U.S.-based funds poured $1 billion into inflation-protected bond funds in the week ended Nov. 9, marking the funds’ second-biggest inflows since records began in October 2002, data from Thomson Reuters’ Lipper service showed on Thursday. More »
Amundi CEO Yves Perrier poses during a ceremony for the debuts of Europe’s top asset manager on Euronext Paris stock market at La Defense business and financial district in Courbevoie near Paris, France, November 12, 2015. REUTERS/Jacky Naegelen Italian bank U... More »
The U.S. Capitol is seen the day after the election of Donald Trump in the U.S. presidential election in Washington, U.S., November 9, 2016. REUTERS/Joshua Roberts With a bitter election campaign finally over, the Congress will reconvene this week to try to se... More »
The headquarters of the Brazil’s largest fixed-line telecoms group Oi, is pictured in Rio de Janeiro, Brazil, June 22, 2016. REUTERS/Sergio Moraes Bernal More »
Shoppers ride an escalator at a Target Store in Chicago, November 25, 201. REUTERS/John Gress The U.S. economy is on track to grow at a 3.1 percent annualized pace in the fourth quarter due to expected stronger consumer spending and equipment investments as we... More »
A Wells Fargo bank is seen in Del Mar, California January 17, 2012. REUTERS/Mike Blake Wells Fargo & Co (WFC.N) has fired hundreds of employees with Wall Street licenses for improper sales practices, three U.S. senators said on Thursday. More »
German Economy Minister Sigmar Gabriel shakes hands with Chinese Premier Li Keqiang ahead of their meeting at the Great Hall of the People in Beijing, China, 01 November 2016. REUTERS/Wu Hong/Pool German Economy Minister Sigmar Gabriel urged the Chinese govern... More »
Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, November 2, 2016. REUTERS/Staff/Remote The pound jumped on Thursday after a UK court ruled that parliament must approve a government d... More »
Pedestrians walk past the headquarters of the European Central Bank (ECB) in Frankfurt, Germany September 8, 2016. REUTERS/Ralph Orlowski The euro zone housing market is on its best run since the global financial crisis but prices on average are still only in ... More »
A Chinook helicopter flies over the Bank of England in the City of London, Britain, November 3, 2016. REUTERS/Peter Nicholls The Bank of England scrapped plans to cut interest rates and said they could move in either direction as it ramped up its forecasts for... More »
Italy’s Prime Minister Matteo Renzi talks to the media as he leaves a European Union leaders summit in Brussels, Belgium, October 21, 2016. REUTERS/Francois Lenoir Italian Prime Minister Matteo Renzi said on Monday that a letter in which the European Commissio... More »
A street vendor displays Greek national flags for sale in front of the Bank of Greece headquarters during a student parade marking the ”Ohi” (No) day, the country’s rejection on Italy’s ultimatum to surrender as the World War II flared up, in Athens, Greece, O... More »
The headquarters of the European Central Bank (ECB) are illuminated with a giant euro sign at the start of the ”Luminale, light and building” event in Frankfurt, Germany, March 12, 2016. EUTERS/Kai Pfaffenbach/File Photo Euro zone states should implement struc... More »
The MetLife building is seen in New York, March 8, 2010. REUTERS/Shannon Stapleton/File Photo The U.S. government and the country’s largest life insurer are set for a rematch in a U.S. appeals court on Monday over how federal regulators decide a company is “to... More »
A man carrying an umbrella passes as storm clouds gather over Shell’s Pulau Bukom oil refinery in Singapore, December 17, 2014. REUTERS/Edgar Su/File Photo During Singapore’s full moon festival last month, employer John Kong was focused more on cost-cutting th... More »
William Dudley, President of the New York Federal Reserve Bank, speaks at Brooklyn College in the Brooklyn borough of New York, March 7, 2014. REUTERS/Keith Bedford/File Photo Banks need to continue to monitor the way they reward employees to ensure they promo... More »
U.S.-based bond funds charged back into the good graces of investors during the latest week, attracting $3.4 billion, Lipper data showed on Thursday. More »
China’s national flag is seen in front of cranes on a construction site at a commercial district in Beijing, China, January 26, 2016. REUTERS/Kim Kyung-Hoon China’s economic growth is expected to cool to 6.6 percent this year and slow further to 6.5 percent in... More »
Companies including drywall and building materials manufacturer Continental Building Products are including exceptions in US leveraged loan credit agreements that could bypass auditors’ opinions and make it harder for banks to declare a default. More »
A Wells Fargo Bank is shown in Charlotte, North Carolina, U.S., September 26, 2016. REUTERS/Mike Blake – RTSPJOV The state of Ohio on Friday joined a growing list of municipalities to suspend business relationships with Wells Fargo & Co over a scandal involvin... More »
Jeffrey Gundlach, Chief Executive Officer, DoubleLine Capital LP., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid Federal Reserve Chair Janet Yellen’s speech on Friday on running a “high pressure” economy ... More »
Record global debt levels pose a clear risk to oil demand, the International Energy Agency said on Tuesday, citing figures from the International Monetary Fund last week that showed the world is awash with a record $152 trillion in debt. More »
A labourer works at a construction site in Beijing’s central business district, China, July 15, 2016. REUTERS/Jason Lee Rising debt levels will worsen the credit profiles of China’s top 200 companies this year, requiring the country’s banks to raise as much as... More »
A man stands next to an electronic board showing stock prices in Tokyo, Japan, August 18, 2016. REUTERS/Kim Kyung-Hoon World shares tapped the brakes on Tuesday as oil prices eased back from their highest level of the year, while Britain’s sterling took anothe... More »
