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12 Jun

UK's FCA puts Credit Suisse on watchlist in need of stricter supervision -FT

The UK's Financial Conduct Authority has put Credit Suisse on a watchlist of institutions in need of stricter supervision, the Financial Times reported late on Sunday, citing a letter sent in May.

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10 Jun

Dollar rises as hot U.S. inflation data seen keeping Fed hawkish

NEW YORK (Reuters) -The dollar climbed to a near four-week high against a basket of currencies on Friday, after data showed U.S. consumer prices accelerated in May, strengthening expectations the Federal Reserve may have to continue with interest rate hikes through September to combat inflation.

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10 Jun

Japanese yen jumps after authorities sound intervention warning

The Japanese yen jumped on Friday after the government and the central bank in a rare joint statement expressed concern about the yen's recent slide to hit two-decade lows.

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10 Jun

Brazil raises about $6 billion in Eletrobras shares in world's No.2 offering of the year

RIO DE JANEIRO/SAO PAULO (Reuters) -Brazil's government on Thursday night moved forward with its bid to privatize Eletrobras, Latin America's largest utility, as the share offering through which its stake in the company is set to be diluted was priced.

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10 Jun

Japan edges closer to intervention in yen after rare gov't, cbank joint statement

Japan's government and central bank said on Friday they were concerned by recent sharp falls in the yen in a rare joint statement, the strongest warning to date that Tokyo could intervene to support the currency which has sunk to 20-year lows.

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10 Jun

Dollar up as hot U.S. inflation data backs case for Fed rate hikes

NEW YORK (Reuters) -The dollar rose to a near four-week high against a basket of currencies on Friday, after data showed U.S. consumer prices accelerated in May, suggesting the Federal Reserve may have to continue with interest rate hikes through September to combat inflation.

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10 Jun

Striking South Korean truckers target chips, put brakes on port activity

ULSAN, South Korea (Reuters) -Defiant South Korean truckers embarked on broader and more aggressive strike action on Friday, threatening to severely curtail deliveries of raw materials for semiconductors and petrochemical products.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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