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SHANGHAI (Reuters) – China’s central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January. The People’s Bank...
Investing.com – US stock futures dropped on Monday as markets assessed the release of a Chinese firm’s new artificial intelligence model that may rival...
(Reuters) – European shares slid on Monday as the technology sector joined the retreat in other markets after China’s upgraded low-cost, low-power artificial intelligence...
By Steve Holland and Alexandra Ulmer (Reuters) -President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as U.S. Treasury secretary,...
Investing.com — A more cautious tone from the Federal Reserve officials on further rate cuts and the recent swath of upbeat economic data has...
NEW YORK (Reuters) -The U.S. Securities and Exchange Commission obtained $8.2 billion in financial remedies, the highest amount in its history, in fiscal 2024,...
NICOSIA (Reuters) – A two-notch upgrade of Cyprus’ debt by Moody’s (NYSE:MCO) is a vote of confidence in the island’s economy, the country’s president...
Investing.com — The imposition of tariffs under a potential second Trump administration is expected to prompt a response from affected nations that mirrors the...
By Uditha Jayasinghe COLOMBO (Reuters) -The International Monetary Fund (IMF) approved the third review of Sri Lanka’s $2.9 billion bailout on Saturday but warned...
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – President-elect Donald Trump may have campaigned hard against high inflation, but by the time of...
By Davide Barbuscia (Reuters) – Investors are hoping President-elect Donald Trump will name a Treasury secretary soon who will assuage their concerns about the...
Investing.com — The Fed is likely to rein in its forecast for rate cuts next year as Fed members are teeing up the idea...
By Lawrence Delevingne and Carolina Mandl BOSTON/NEW YORK (Reuters) – As a money manager, Scott Bessent’s years of inconsistent performance have contributed to a...