Author Archives: Syndicated Content
Forecast for Powell’s mountain resort trip: High inflation, limited visibility
By Howard Schneider (Reuters) - For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell's remarks this week to a central banking confe...
Aug 22, 2022
Russian forces pound Ukraine, Zelenskiy warns of more serious attacks
(Reuters) - Russian forces pressed on with their offensive across several Ukrainian regions on Monday, while President Volodymyr Zelenskiy warned of the potential for more serious attacks ahead of Ukr...
Aug 22, 2022
Analysis-U.S. stock options traders see little drama around Fed’s Jackson Hole event
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Federal Reserve policy has sparked big moves in markets this year, but options traders expect few fireworks around the central bank's annual symposium this we...
Aug 22, 2022
Ukraine war: six months that shook the world
(Reuters) - Six months ago this week, Vladimir Putin ordered tens of thousands of Russian troops into Ukraine on a "special military operation" - a mass invasion on a scale unseen in Europe since Worl...
Aug 22, 2022
Hurtling towards recession
A look at the day ahead in European and global markets from Anshuman Daga After the latest data confirmed fears about a runaway rise in euro zone consumer prices, will business activity spring a doubl...
Aug 22, 2022
Chinese city shortens mall hours due to heat-induced power shortages
BEIJING (Reuters) - The Chinese city of Chongqing is shortening the opening hours of its malls from Monday due to an "urgent" power supply situation caused by a recent heatwave, the government said in...
Aug 22, 2022
Philippines’ Marcos seeks record $94 billion budget for 2023
MANILA (Reuters) - Philippine President Ferdinand Marcos Jr asked Congress on Monday for a record 5.29 trillion pesos ($94.40 billion) government budget in 2023 to support an ambitious policy agenda a...
Aug 22, 2022
United Imaging shares soar 75% in Shanghai debut, China’s 3rd-biggest IPO in 2022
SHANGHAI (Reuters) - United Imaging Healthcare Co's shares surged as much as 75% in their Shanghai debut on Monday following the Chinese firm's $1.6 billion initial public offering (IPO), the biggest ...
Aug 22, 2022
Exclusive-U.S. commits to Afghan asset talks despite frustration with Taliban – sources
By Jonathan Landay WASHINGTON (Reuters) - U.S. President Joe Biden's administration will press ahead with talks on releasing billions of dollars in Afghanistan's foreign-held assets despite the late a...
Aug 22, 2022
As U.S. interest rates soar, four ways to manage credit cards now
By Chris Taylor NEW YORK (Reuters) - Try holding your credit card up to your ear, real close. You might hear the soft tick, tick, tick of your interest rate going up. Back on May 4, average U.S. credi...
Aug 22, 2022
