A preview of the day ahead in the European and global markets of Anshuman Daga Hopes of near calm in the final weeks of 2022 are firmly dashed as rare widespread protests across China following tough coronavirus restrictions fuel risk sentiment and pulp stocks, while pushing the safe haven dollar. To make matters worse, COVID-19 …
ANKARA, Nov 25 (Reuters) – Turkey and Qatar are in the final stages of Doha talks to provide up to $10 billion in funding to Ankara, including up to $3 billion by the end of this year, two senior Turkish officials and another source told Reuters. One of the officials said the full funding could …
Turkey in final-stage talks for up to $10 billion in funding from Qatar – sources Read More »
FTX unit purchased 7 condos in upscale resort for “key personnel” Bankman-Fried’s parents named owners of $16.4 million vacation home Bankman and Fried tell Reuters: Seeking to return the deed to FTX NEW PROVIDENCE, Bahamas, Nov 22 (Reuters) – Sam Bankman-Fried’s FTX, his parents and top executives of the failed cryptocurrency exchange have purchased at …
Exclusive: Bankman-Fried’s FTX Parents Bought Bahamian Property Worth $121M Read More »
A preview of the day ahead in the European and global markets of Anshuman Daga: A national spike in COVID-19 cases in China is again the main talking point for weary global markets on Tuesday as Beijing closed parks and museums and more cities resumed mass testing. Analysts are pushing back growth expectations for the …
Measures support vulnerable families at the income threshold of 25,200 euros Threshold for middle-class customers set at 29,400 euros Measures include extending loan repayments for up to 7 years The actions also provide for grace periods and a freeze on repayments Plan to be finalized on Tuesday after discussions with the banks MADRID, Nov 21 …
Spain to approve mortgage support for over a million households Read More »
LONDON, Nov 21 (Reuters) – The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world into the regulatory framework, the Deputy Governor of the Bank of England said on Monday. Jon Cunliffe. FTX, which filed for protection in the US bankruptcy court, said it owed its 50 biggest creditors nearly $3.1 …
FTX Collapse Shows Need for Crypto Regulation, Says Bank of England Read More »
SINGAPORE, Nov 21 (Reuters) – The U.S. dollar was firmly higher against major currencies on Monday, while the Chinese yuan fell as sentiment soured on rising COVID cases and tighter restrictions in some cities of the world’s second largest economy. China’s capital, Beijing, reported two deaths on November 20, with the city’s most populous district …
Dollar gains as China COVID concerns spur safe-haven buying Read More »
First full budget of Meloni’s new government Most of the funds are intended to help with high energy bills Windfall Energy Tax, Welfare Cuts Expected ROME, Nov 20 (Reuters) – Italy’s new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on …
The Italian government’s new budget will increase spending to tackle the energy crisis Read More »
Reimbursement much lower than expected The key money market rate drops after the announcement Moving seen as a first step towards the unwinding of obligations FRANKFURT, Nov 18 (Reuters) – Eurozone banks are expected to repay nearly 300 billion euros ($310 billion) in loans to the European Central Bank next week, the ECB said on …
ECB begins major cash clean-up as banks repay 296 billion euros in loans Read More »
Funds worth 10% of Hungary’s 2022 GDP estimate at stake Orban seeks EU deal as Hungarian economy struggles Funds frozen due to democratic deficits in Hungary The EU executive is expected to take its next decision on November 29 BRUSSELS, Nov 17 (Reuters) – The European Union executive is on track to release billions of …
EU set to release billions in funds for Hungary – sources Read More »
