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Analysis-Investors bet Fed will blink if recession hits despite ‘higher for longer’ mantra

BY Reuters  • December 15, 2022December 15, 2022
By Davide Barbuscia and David Randall (Reuters) – Some investors believe an expected recession will force the Federal Reserve to loosen monetary policy next year, even as the central bank projec[...]
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Business Economy Top News US

German cum-ex mastermind handed 8-year jail sentence for tax fraud

BY Reuters  • December 13, 2022December 13, 2022
By Matthias Inverardi and Marta Orosz BONN, Germany (Reuters) -A tax lawyer, alleged to have masterminded one of Germany’s biggest post-war frauds, was sentenced to eight years in jail on Tuesda[...]
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Business Economy Top News

Cryptoverse: Jump or slump? $30k or $5k? Play the bitcoin roulette

BY Reuters  • December 13, 2022December 13, 2022
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Plucky bitcoin’s been holding steady since seeing off the chaos of the FTX collapse, gathering its strength to rally towards the dizzy[...]
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Business Economy Technology Top News

Analysis-U.S. financial conditions have eased. So far the Fed is okay with it

BY Reuters  • December 9, 2022December 9, 2022
By Ann Saphir (Reuters) – Over the past six weeks or so, U.S. mortgage rates have fallen, stock prices are up, and yields on corporate debt have dropped, all signs that financial conditions are[...]
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Business Economy Top News Updated US

Fed discount window borrowing is edging up, but is it a problem?

BY Reuters  • December 9, 2022December 9, 2022
By Michael S. Derby NEW YORK (Reuters) – Borrowing at a key Federal Reserve facility long associated with providing emergency loans to banks has been edging higher, recently climbing to over $10[...]
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Business Economy Top News US

Equity mutual fund inflows fall to 21-month low in Nov on rising rates

BY Reuters  • December 9, 2022December 9, 2022
By Bharath Rajeswaran BENGALURU (Reuters) – Inflows into Indian equity mutual funds tanked nearly 76% to 22.58 billion Indian rupees ($274.49 million) in November from 93.9 billion rupees in the[...]
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Asia Business Economy Top News

Exclusive-Goldman Sachs on hunt for bargain crypto firms after FTX fiasco

BY Reuters  • December 6, 2022December 6, 2022
By Iain Withers and Lawrence White LONDON (Reuters) – Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit val[...]
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Business Economy Europe Technology Top News UK Updated US

Cryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’

BY Reuters  • December 6, 2022December 6, 2022
By Medha Singh and Lisa Pauline Mattackal (Reuters) – “I’m nearly bankrupt,” says Jad Fawaz, a crypto trader in Abu Dhabi. “I’m laughing because there’s no po[...]
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Business Economy Technology Top News Updated

Foreign equity funds pile into Indian financials as credit cycle picks up

BY Reuters  • December 6, 2022December 6, 2022
(Corrects fund manager’s surname in last paragraph) By Anushka Trivedi MUMBAI (Reuters) – Foreign investors are buying into Indian financial firms, lured by the prospects of a fresh credit[...]
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