By Gleb Bryanski MOSCOW (Reuters) – The Russian rouble and stocks surged on Thursday after a telephone conversation between U.S. President Donald Trump and Russian
Category: Economy
Foreigners add $19.2 billion to EM portfolios in November, IIF says
By Rodrigo Campos (Reuters) -Foreign investors added a net $19.2 billion to their emerging market portfolio holdings in November, with selling of stocks more than
American Tower misses quarterly revenue estimates on leasing slowdown
(Reuters) – Real estate investment trust American Tower missed estimates for third-quarter revenue on Tuesday due to diminished customer spending in its leasing business. The
Snap-On misses quarterly sales estimates on lower tool demand
(Reuters) – Snap-On posted a lower-than-expected third-quarter sales on Thursday, as inflationary pressures weighed on demand in the tools segment. Higher borrowing costs and a
Top BRICS economic officials stay away from Moscow meeting
By Gleb Bryanski MOSCOW (Reuters) – Most finance ministers and central bank chiefs from the BRICS group of countries did not attend a high-level meeting
Mpox-linked stocks extend rally into second week
(Reuters) – Shares of some mpox vaccine and drug developers jumped sharply on Monday in premarket trading, putting them on track to extend gains from
Oil holds its ground as Chinese demand concerns weigh
By Alex Lawler and Arunima Kumar LONDON (Reuters) – Oil held its ground on Monday as downward pressure from concern about demand in top importer
South Korea expands currency swap with pension fund as won tumbles
By Cynthia Kim SEOUL (Reuters) – South Korea’s foreign exchange authorities on Friday said they agreed with the National Pension Service to expand a currency
Powell: Very strong support in Congress for an independent Fed
AMSTERDAM (Reuters) – Federal Reserve Chair Jerome Powell said on Tuesday support for U.S. central bank independence remains “very strong” in Congress, pushing back on
Citadel’s Griffin says Fed’s first rate cut may come in December
By Carolina Mandl Beverly Hills (Reuters) – Ken Griffin, Citadel’s founder and chief executive, said on Monday that he is unsure when the Federal Reserve