TOKYO/SINGAPORE (Reuters) – The dollar was on the back foot on Monday as growing expectations of U.S. interest rate cuts to cushion the impact of the coronavirus stemmed some safety flows into the greenback. After U.S. shares were routed in recent days, Federa... More »
SINGAPORE/SYDNEY (Reuters) – Asian shares regained a measure of calm on Monday as markets bounced after a searing sell-off last week and as investors pinned hopes on a likely coordinated global monetary response to help soften the economic blow of the coronavi... More »
NEW YORK (Reuters) – Spoiler alert: None of the useful things you can do about your money right now involve your 401(k). Financial advisers tend to caution long-term retirement investors to stay the course during times of high volatility, like now with financi... More »
LONDON (Reuters) – The euro dropped back towards $1.08 on Monday and the Australian dollar tumbled to a new 11-year low as the rapid spread of the coronavirus outside China drove fears of a pandemic and sent investors to the safety of the U.S. dollar. The safe... More »
SYDNEY (Reuters) – Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea, Italy and the Middle East. The large spi... More »
NEW YORK (Reuters) – When clients tell financial adviser Catherine Valega that they want to invest their money in women, they are not always clear what they mean. To be honest, there is no real answer yet. If you have less than $1 million, investing with a gen... More »
LONDON (Reuters) – The euro struggled near 3-year lows on Monday as investors worried about weakening growth in the region, while Chinese efforts to limit the damage from a coronavirus outbreak appeared to calm markets, with the yuan and Australian dollar gain... More »
(Reuters) – 1/CHINA ON SICK LEAVE A leap in coronavirus cases in Hubei gave markets pause, for all of 24 hours. Then attention shifted back to the global case-count and the rally resumed. But while investors are focused on containment, the world’s second-bigge... More »
(Reuters) – European shares hit a record high on Monday, with automobile stocks leading gains amid fresh attempts by China to limit the economic impact of the coronavirus outbreak. Automobile stocks .SXAP, which are highly sensitive to Chinese demand and indus... More »
NEW YORK (Reuters) – When former investment manager Ron Cordes started a charitable foundation in 2007, he got frustrated because he could only “do good” when he was actively giving the money away to needy causes. Then Cordes discovered impact investing. “We b... More »
SINGAPORE (Reuters) – Oil prices slipped lower on Monday as traders assessed China’s oil demand following the coronavirus outbreak and waited to see if major producers will cut output further to balance markets. Oil is off more than 20% from peaks struck in Ja... More »
(Reuters) – European shares inched lower on Monday as concerns over the economic impact of the coronavirus outbreak weighed on sentiment, while markets also came off a rally from last week. The pan-European STOXX 600 index fell 0.3% by 0803 GMT, with the trave... More »
SYDNEY (Reuters) – Asian shares fell on Monday as the death toll from a coronavirus outbreak exceeded the SARS epidemic of two decades ago, though Chinese shares gained as authorities lifted some work and travel restrictions, helping businesses to resume opera... More »
SINGAPORE (Reuters) – Asian currencies lifted a little on Monday amid hints that the spread of the coronavirus could be slowing down and as some big businesses resumed work in China after the Lunar New Year break. Workers began trickling back to offices and fa... More »
NEW YORK (Reuters) – U.S. stock futures fell on Sunday after China’s death toll from the coronavirus outbreak exceeded the global total from the SARS epidemic and as authorities prepared for millions of people to return to work after an extended Lunar New Year... More »
SINGAPORE (Reuters) – Brent crude prices fell on Monday to their lowest in more than a year, dragged down by worries about lower demand in China, the world’s largest oil importer, following a coronavirus outbreak there. There are signs fuel demand has plunged ... More »
SHANGHAI/HONG KONG (Reuters) – Investors erased $420 billion from China’s benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China si... More »
NEW YORK(Reuters) – Allen Lomax knows how retirement is supposed to go: By your golden years, you should have paid off your house, built up a big pot of savings, and be able to face the years ahead without fear. The future is not quite shaping up like that for... More »
ZURICH (Reuters) – The Swiss National Bank appeared to remain on the sidelines as the Swiss franc surged to its highest level in nearly three years on Monday, driven by concerns about the spread of the coronavirus. The franc fell to 1.069 versus the euro EURCH... More »
TOKYO (Reuters) – Crude prices fell more than 2% to multi-month lows on Monday as the rising number of cases of the new coronavirus in China and city lockdowns there deepened concerns over oil demand. Brent crude LCOc1 fell by $1.28 a barrel, or 2.1%, to $59.4... More »
TOKYO (Reuters) – Shares tumbled on Monday as investors grew increasingly anxious about the economic impact of China’s spreading virus outbreak, with demand spiking for safe-haven assets such as the Japanese yen and Treasury notes. Japan’s Nikkei average .N225... More »
TOKYO (Reuters) – The yuan fell in offshore trade on Monday to its lowest level in three weeks as the death toll in China from the spread of a new coronavirus mounted, raising worries authorities are struggling to contain the outbreak and sparking a bout of ri... More »
TOKYO (Reuters) – U.S. S&P500 e-mini futures ESc1 fell more than 1% in Asian trade on Monday on mounting worries the new coronavirus outbreak could severely disrupt the Chinese economy, an engine of global growth. China’s cabinet said it would extend the week-... More »
NEW YORK (Reuters) – The future of employee training involves no embarrassing role-playing in front of new colleagues or boring web modules which take an hour each to click through. For the next wave in workplace learning, get ready to strap on a pair of virtu... More »
NEW YORK (Reuters) – If you have gone to Goldman Sachs Group Inc’s (GS.N) internet home page since mid-December, it would be reasonable to wonder if you had stumbled into some kind of parallel universe. Visitors are met with a background of lush greenery, alon... More »
NEW YORK (Reuters) – Emotions — and expenses — often run high during a divorce, but people and their bank accounts can bounce back given enough time. A new study from Fidelity Investments, released Tuesday, shows that by five years after a divorce, most people... More »
LONDON (Reuters) – Oil prices rose slightly on Monday as investors shift their focus away from easing Mideast tensions to this week’s scheduled signing of an initial U.S.-China trade deal which could boost economic growth and demand. Brent crude LCOc1 was up 2... More »
(Reuters) – European shares were little changed on Monday as investors shifted their focus to the signing of an interim Sino-U.S. trade deal later this week, while technology stocks rose on a clutch of brokerage upgrades and price-target bumps. The benchmark E... More »
LONDON (Reuters) – World stock markets ticked higher on Monday, hovering just below record levels ahead of the expected signing of a Phase 1 China-U.S. trade deal, although markets have yet to see details of the agreement. After Asian shares touched 19-month h... More »
LONDON (Reuters) – China’s yuan led a rally in trade-sensitive currencies on Monday and the Australian dollar recovered some recent losses as the imminent signing of a preliminary U.S.-China trade deal boosted sentiment. The U.S.-China Phase 1 agreement, due t... More »
LONDON (Reuters) – Safe-haven currencies such as the Japanese yen retreated on Thursday as the United States and Iran backed away from further conflict, with markets flipping back to a more risk-taking approach on hopes of a U.S.-China trade deal. U.S. Preside... More »
TOKYO (Reuters) – Oil prices steadied on Thursday a day after tumbling on concerns raised by an Iranian missile strike on Iraqi bases hosting U.S. forces. Brent crude futures were down 5 cents at $65.40 a barrel by 0728 GMT after a 4.1% fall on Wednesday. They... More »
(Reuters) – European shares touched a record high Thursday, tracking broader gains in global equities, after the United States and Iran backed away from further military escalation in the Middle East. Also lending support was confirmation from China on the sig... More »
SINGAPORE (Reuters) – Asian stocks had their best session in weeks on Thursday, as the United States and Iran backed away from the brink of conflict in the Middle East and investors reversed their flight to safety. U.S. President Donald Trump responded to an I... More »
NEW YORK (Reuters) – Oil prices fell almost 1% on Tuesday, surrendering some recent gains as investors reconsidered the likelihood of immediate supply disruptions in the Middle East after the United States killed a top Iranian military commander last week. Bre... More »
NEW YORK(Reuters) – It is hardly a secret that people rarely stick to New Year’s resolutions – only about 8% of people actually make it to the finish line with their goals, according to studies from the University of Scranton, in Pennsylvania. So here is a bet... More »
TOKYO (Reuters) – Oil prices fell on Monday, but were holding near recent three-month highs amid expectations that the United States and China will soon agree on a trade deal, with President Donald Trump saying an agreement would be signed “very shortly”. Bren... More »
SYDNEY (Reuters) – Asian markets idled near 18-month highs on Monday as trading volumes weakened ahead of the Christmas holiday break, with investors taking profit on gains made earlier this month. In early European trades, the pan-region Euro Stoxx 50 futures... More »
NEW YORK (Reuters) – It is not often that a spending bill in Congress will make regular Americans run to their financial planners for emergency help before the holidays. But the Senate is poised to pass a spending bill on Friday that includes a huge swath of l... More »
NEW YORK (Reuters) – The United States may not have had a woman president quite yet, but on TV it certainly has. One of those was Mellie Grant, the character played by Bellamy Young on the Shonda Rhimes hit “Scandal” before it ended last year. Now one of the s... More »
SINGAPORE (Reuters) – Oil prices on Monday slid off near three-month highs hit last week as investors searched for clarity beyond the initial impact of a trade deal between the United States and China that’s expected to boost flows between the top two global e... More »
SHANGHAI (Reuters) – Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more easing of monetary policy there. European ... More »
NEW YORK (Reuters) – It sounds counterintuitive, but members of Generation Z will have to focus on human connections if they want to compete with robots for the jobs of the future. Born after 1996 on the heels of the millennials, Gen Z is just entering the wor... More »
LONDON (Reuters) – 1/AFTER PHASE ONE COMES PHASE TWO U.S. President Donald Trump and Chinese officials have agreed to a “phase one” trade deal that includes cutting U.S. tariffs on Chinese goods. Washington has agreed to suspend tariffs on $160 billion in Chin... More »
NEW YORK (Reuters) – Tax-loss harvesting is all about finding losers in your investment portfolio to offset winners so you pay less tax. That is not easy in a year when the S&P 500 is up 26%. “The best-case scenario is to capture losses when the market is down... More »
TOKYO (Reuters) – Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage being done to global demand by the Sino-U.S. trade war. Brent futures LCOc1... More »
SYDNEY (Reuters) – Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data, although regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-U.S. trade war. Japa... More »
WASHINGTON (Reuters) – Friday’s booming U.S. jobs report should give the Federal Reserve all it needs to stick to its plan not to cut interest rates further in the near future, so when U.S. central bankers meet this week, most of the focus will be on their out... More »
LONDON (Reuters) – Oil jumped above $61 a barrel on Monday, supported by hints that OPEC and its allies may agree to deepen output cuts at a meeting this week and as rising manufacturing activity in China suggested stronger demand. The Organization of the Petr... More »
LONDON (Reuters) – British manufacturers cut jobs last month at the fastest rate since 2012, a survey showed on Monday, as pressures from Brexit and a global trade slowdown caused the sector’s longest decline since the financial crisis. The IHS Markit/CIPS man... More »
LONDON (Reuters) – Stock markets rebounded on Monday as decent manufacturing data in China and renewed optimism over a trade deal eroded some of the jitters which emerged among investors last week. The recovery in Europe followed gains in Asia, where share pri... More »
BRUSSELS/FRANKFURT (Reuters) – Euro zone inflation accelerated faster than expected in November on a rise in food and services prices, likely comforting European Central Bank policymakers even if some factors pushing up prices may be only temporary. The ECB ha... More »
NEW YORK (Reuters) – Four years ago, PayPal set out to break the Guinness World Record for the most money raised online for charity in 24 hours. Donors gave more than $45.8 million to charities via the payment platform during #GivingTuesday, the annual charita... More »
NEW YORK (Reuters) – Harris Rosen has a chain of eight hotels bearing his name in the Orlando area, but he makes most of his headlines these days for giving away his fortune. The 80-year-old entrepreneur of Rosen Hotels & Resorts, who grew up on the Lower East... More »
SYDNEY (Reuters) – Asian shares staged a cautious rally on Monday as investors dared to hope for some progress in the endless Sino-U.S. trade dispute, while the outperformance of recent U.S. economic data gave the dollar a leg up on its peers. MSCI’s broadest ... More »
NEW YORK (Reuters) – (This November 22 story has been refiled to add dropped word in paragraph 12.) A year after the U.S. stock market plunged, many investors believe conditions are in place to avoid another year-end pullback and possibly set the stage for a r... More »
NEW YORK (Reuters) – Most people’s basic knowledge of investing is that their portfolio should be a mix of stocks and bonds. That is usually enough to get by in the stock market – pick up a popular S&P 500 index exchange-traded fund or two and you will probabl... More »
LONDON (Reuters) – World shares were close to a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015. In the latest show of support for its economy, China’s central bank cut rates on seven-day rev... More »
LONDON (Reuters) – The euro enjoyed a small respite on Monday, jumping to an 11-day high versus the U.S. dollar, on expectations that Washington and Beijing can soon sign off on a deal to end a trade war that has been a drag on global economic growth. Faint op... More »
SINGAPORE (Reuters) – Oil prices inched higher on Monday, extending steady gains from the previous week, with investors awaiting fresh clues over prospects for a trade deal between the United States and China and shrugging off concerns over steadily rising oil... More »
NEW YORK (Reuters) – How interested are people in trading stocks for free? Very. In early October, after TD Ameritrade announced it was switching to zero commissions from $6.95 on most trades, client call volume increased 20% and new client call volume shot up... More »
LONDON (Reuters) – Oil prices dipped on Monday after U.S. President Donald Trump appeared to downplay reports of an imminent lifting of tariffs in a protracted U.S.-Chinese trade war. Brent crude was down 87 cents at $61.64 by 1030 GMT. The contract gained 1.3... More »
HONG KONG (Reuters) – Hong Kong’s share index lost almost 3% as unrest in the Asian financial hub worsened on Monday, with police firing live rounds at anti-government protesters on the eastern side of island and firing tear gas at protesters in the Central bu... More »
(Reuters) – European shares edged lower for a second session on Monday as an escalation in Hong Kong protests, an inconclusive Spanish election and Moody’s warning on Britain’s sovereign debt made for a gloomy start to the week. The pan-European STOXX 600 inde... More »
LONDON (Reuters) – Shares across the globe fell on Monday, buffeted by escalating violence in Hong Kong that pushed Asian stocks to their worst day since August and stoked demand for the safe-haven yen and gold. In the 24th straight week of pro-democracy unres... More »
NEW YORK (Reuters) – When Hartmut Braune comes to work in security communications at SAP, he never knows what emergency will land in his inbox. It is a challenging job, compounded by the fact that Braune also coordinates the company’s global Lighthouse Core Te... More »
(The writer is a Reuters contributor- the opinions expressed are his own.) By Chris Taylor NEW YORK(Reuters) – When Charles Schwab stares intently at his smartphone, you can be sure of one thing: He is checking the stock market. The 82-year-old has been in a h... More »
LONDON (Reuters) – The euro edged down on Monday as investors awaited Christine Lagarde’s first speech as European Central Bank president, but hopes that the United States may choose not to impose tariffs on auto imports kept it near its highest level in weeks... More »
(Reuters) – French state-controlled energy group EDF has agreed to buy Pivot Power, a British start-up company that specialises in battery storage and electric vehicle charging points. EDF, which did not disclose the financial terms of the acquisition, said th... More »
SINGAPORE (Reuters) – Oil prices eased on Monday as traders took profit ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.-China trade row that has hurt global economic growth and crimped energy demand. Prices jumped ... More »
SHANGHAI (Reuters) – Asian shares surged on Monday, with a broad regional gauge hitting more than 14-week highs, as growing optimism over U.S.-China trade talks and upbeat U.S. job data boosted global investors’ appetite for riskier assets. MSCI’s broadest ind... More »
NEW YORK(Reuters) – Rock-bottom interest rates may be great for lots of people – but not for savers. With a brand-new quarter-point rate cut from the Federal Reserve and ten-year government bonds yielding 1.84%, there is almost nowhere for them to go. That is ... More »
TOKYO (Reuters) – Oil prices fell on Monday after strong gains last week, as data released in China reinforced signs that its economy is slowing, though progress in China-U.S. trade talks has supported prices. Brent crude was down 34 cents, or 0.4%, at $61.79 ... More »
SYDNEY (Reuters) – Asian shares rose to a three-month high on Monday, as risk assets got a fillip from hopes of a trade deal and strong U.S. corporate earnings, while major currencies marked time as focus shifted to a Federal Reserve rate decision. European sh... More »
TOKYO (Reuters) – The dollar traded near its highest in more than two months versus the yen on Monday ahead of a U.S. Federal Reserve meeting this week where policymakers are expected to cut interest rates but emphasize their reluctance to ease policy further.... More »
NEW YORK (Reuters) – Artificial intelligence is approaching critical mass at the office, but humans are still likely to be necessary, according to a new study by executive development firm, Future Workplace, in partnership with Oracle. Future Workplace found a... More »
SINGAPORE (Reuters) – Oil prices largely held steady on Monday, recouping some early losses as investors took stock of global economic pressures that could impact oil demand. Global benchmark Brent crude oil futures LCOc1 were down 1 cent to $59.41 a barrel by... More »
SYDNEY (Reuters) – Sterling fell over half a percent against the dollar on Monday, slipping from five-month highs after the British parliament delayed a crucial vote on a Brexit withdrawal agreement. The move derailed Prime Minister Boris Johnson’s plan for a ... More »
TOKYO (Reuters) – Asian stocks edged up on Monday as Chinese shares reversed early losses, supported by hopes for progress in resolving the U.S.-China trade war, while sterling slipped after the British parliament delayed a crucial vote on a Brexit withdrawal ... More »
NEW YORK (Reuters) – Technology companies, which make up the largest swath of the U.S. stock market, are expected to post a nearly 8% drop in third-quarter profits as reports roll in from many of the sector’s biggest corporations. But below the surface, the es... More »
NEW YORK (Reuters) – There are a lot of hard truths about money, but here is one of the hardest: We are really bad at passing along money smarts. As it stands, only 57% of American adults can be considered financially literate, according to a global survey by ... More »
SINGAPORE (Reuters) – Oil prices fell on Tuesday, after heavy losses in the previous session, as two days of weak Chinese data added to worries about the top crude oil importer’s energy demand growth. Brent crude LCOc1 fell 42 cents, or 0.71%, to $58.93 a barr... More »
NEW YORK (Reuters) – The biggest U.S. banks are expected to kick off the earnings season on a sour note next week due to falling interest rates, which may have pressured net interest margins enough to cause the sector’s first year-over-year earnings per share ... More »
NEW YORK (Reuters) – U.S. Treasury yields rose on Wednesday, a day that saw a flood of supply and on optimism for progress in U.S.-China trade negotiations that begin in Washington on Thursday. On Wednesday, the market absorbed a $24 billion reopening of 10-ye... More »
LONDON (Reuters) – Global stocks were little changed on Monday as broadly positive U.S. jobs data quelled some fears about an economic slowdown, but nervousness over U.S.-China trade talks persisted and more weak European economic data trickled in. European sh... More »
LONDON (Reuters) – 1/TRADE TENSION HEADACHES Washington’s latest accusation that China is dumping wooden cabinets and vanities on U.S. shores sums up the mood between the two warring sides as they head into another round of high-level discussions. The talks in... More »
SINGAPORE (Reuters) – Oil prices were mixed on Monday with traders pegging cautious hopes for a rebound from last week’s losses on progress in talks on ending the U.S.-China trade war, against a backdrop of global economic slowdown weighing on future oil deman... More »
NEW YORK (Reuters) – U.S. tax reform is finally catching up with the college financial aid process, and the synchronization is off to a rocky start. The Free Application for Federal Student Aid (FAFSA) for the 2010-2021 academic year became available on Oct. 1... More »
NEW YORK (Reuters) – Harvard Business School is known for guiding the next generation of financial leaders through compelling case studies in management, innovation and global intelligence. Now the curriculum includes impact investing, which incorporates posit... More »
SINGAPORE (Reuters) – Oil prices slipped on Monday as China’s economic outlook remained weak even as manufacturing data improved as an ongoing trade war with the United States weighs on demand growth at the world’s largest crude importer. Brent crude LCOc1 fut... More »
TOKYO/SINGAPORE (Reuters) – Asian stock markets, including China’s, were little changed on Monday, shrugging off news that the U.S. administration is considering delisting Chinese companies from U.S. stock exchanges. MSCI’s broadest index of Asia-Pacific share... More »
SINGAPORE (Reuters) – The dollar found broad support on Monday as global political uncertainty and fears over a widening of the Sino-U.S trade war kept investors in safe harbours ahead of a slew of global economic indicators this week. The greenback was steady... More »
NEW YORK (Reuters) – If you are seriously ill and homebound, or starting to be prone to forgetfulness, do you have someone you trust with your ATM code to run out and get you some cash? Are you really sure? Elder financial abuse runs the gamut from stranger da... More »
NEW YORK (Reuters) – The dollar edged higher while global shares slid on Monday as euro zone equities clocked their worst day in a month after dismal business activity readings in Europe deepened fears of a looming recession there. Bond yields across the euro ... More »
LONDON (Reuters) – World stocks rose for the sixth straight day on Wednesday and bond prices fell as investors continued to unwind safety bets, encouraged by hopes of a resolution to the Sino-U.S. trade standoff and signs Europe may be preparing to ease budget... More »
(Reuters) – European shares rose to six-week highs on Wednesday, as China eased trade worries by saying it would exempt some U.S. goods from additional tariffs, with eyes also moving to a European Central Bank meeting expected to deliver more economic stimulus... More »
LONDON (Reuters) – The Japanese yen fell on Wednesday as the rush into safe-haven assets during the summer continued to unwind on the back of rising risk appetite, while the euro paused before Thursday’s European Central Bank meeting. The yen had rocketed towa... More »
HONG KONG/BEIJING (Reuters) – China’s second-largest e-commerce firm JD.com Inc has appointed Jason Hu, a former managing director at Chinese private equity firm CDH Investments, as head of strategic investment to oversee deals both at home and overseas. Hu, w... More »
NEW YORK (Reuters) – Magic realism is a literary genre in which narrative is shot through with surreal, dreamlike, seemingly impossible moments. If famed author Salman Rushdie is a dean of the genre, perhaps it is not surprising that his life exhibits so many ... More »
TOKYO (Reuters) – Oil prices weakened on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and demand for crude. Brent crude slipped 22 cents, or 0.4%, to $59.03 a barrel by 0... More »
