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JPMorgan's Jamie Dimon: Economy ‘not that bad’ as bank preps for 3 rate cuts in 2019
Higher interest rates could undermine earnings at JPMorgan Chase.
Jul 16, 2019 13:27 UTC Read More

Donald Trump's bitcoin takedown signals global currency war
HSBC and ING both told clients last week that the US could be gearing up for broader intervention in global currency markets.
Jul 16, 2019 10:19 UTC Read More

Sterling sags on Brexit concerns, yen under pressure:The
The pound struggled near a six-month low against the dollar on Tuesday, hampered by persistent worries over Brexit that, in turn, weighed on the euro.
Jul 16, 2019 04:49 UTC Read More

Central Bankers Are Sick of Rescuing the World Economy Alone
Global central bankers are again in the driving seat when it comes to propping up the world economy, but many are demanding governments join them in the…
Jul 16, 2019 03:59 UTC Read More

Sterling sags on Brexit concerns, weighs on euro
The pound struggled near a six-month low against the dollar on Tuesday, hampered by persistent worries over Brexit that, in turn, weighed on the euro.
Jul 16, 2019 03:47 UTC Read More

ASX to slip ahead of Reserve Bank minutes, Wall Street crawls to record high
Australian shares are likely to fall at the open following a directionless, but record-breaking, session on Wall Street. Meanwhile, the Reserve Bank will provide…
Jul 15, 2019 21:25 UTC Read More

Breakingviews Silicon Valley is trapped in political purgatory
(Reuters Breakingviews) - Silicon Valley finds itself trapped in political purgatory. Facebook can afford to shrug off an expected $5 billion fine over privacy, but…
Jul 15, 2019 20:27 UTC Read More

How to Stay Financially Stable When the World Might Be Falling Apart
Trade wars, climate change and slowing economic growth can mean severe trouble. So what's a long-term investor to do?
Jul 15, 2019 19:30 UTC Read More

PSEi surges past 8300 on Fed, BSP easing bets
THE MAIN INDEX surged past the 8,300 mark on Monday as investors continued to bet on monetary policy easing by the US central bank. The bellwether…
Jul 15, 2019 16:09 UTC Read More

Texas woman says she was attacked over floats during tubing trip
NEW BRAUNFELS, Texas (KABB) — This is not how Elizabeth Rose wanted to spend her Sunday afternoon. She was walking around the Lazy L & L…
Jul 15, 2019 11:43 UTC Read More

SARB to begin easing in July – could we see 3 rate cuts before January?
Bank of America Merrill Lynch says it is pencilling in a 25 basis points cut in July, followed by two further cuts in September and then again in January -…
Jul 15, 2019 10:25 UTC Read More

Could Climate Change Spark a Financial Crisis? Candidates Warn Fed It’s a Risk
A few of the Democrats running for president have started warning about climate change in a way that voters rarely think about yet can profoundly affect their…
Jul 15, 2019 07:39 UTC Read More

Central banks tossing grenades rather than firing bazookas Business News
HONG KONG: Central bankers readying to fight another economic downturn are tossing hand grenades rather than firing bazookas.
Jul 15, 2019 05:19 UTC Read More

The Bond Market May Be Staring at a Major Inflection Point
Fed Chairman Jerome Powell basically confirmed a rate cut is coming and yields rose. That's not good. Also, an announcement.
Jul 15, 2019 04:01 UTC Read More

What Trump's Bitcoin Tweet Changes
Let's be clear: It was not the substance of Donald Trump's tweet that made his critique of bitcoin and Libra so important last week. It should be of no surprise that…
Jul 15, 2019 03:59 UTC Read More

Fed poised to get in first with rate cut despite market risks
The Federal Reserve looks poised to beat the European Central Bank out of the blocks with a rate cut that looks set for its next meeting on July 31.
Jul 15, 2019 01:29 UTC Read More

China second quarter GDP grows 6.2% year-on-year, in line with expectations
BEIJING (Reuters) - China is expected to report on Monday that economic growth slowed to its weakest pace in at least 27 years in the second quarter,…
Jul 14, 2019 23:20 UTC Read More

China second-quarter GDP growth set to slow to 6.2%, 27-year low, as trade war bites
China is expected to report on Monday that economic growth slowed to its weakest pace in at least 27 years in the second quarter, reinforcing the case for more…
Jul 14, 2019 23:20 UTC Read More

THE RUPEE: weak trend witnessed
The rupee depreciated against the dollar on the money market during the week, ended on July 13, 2019. The rupee dropped 40 paisas versus the dollar for…
Jul 14, 2019 23:13 UTC Read More

THE RUPEE: weak trend witnessed
The rupee depreciated against the dollar on the money market during the week, ended on July 13, 2019. The rupee dropped 40 paisas versus the dollar for…
Jul 14, 2019 23:13 UTC Read More

U.S. proposes barring big tech companies from offering financial services, digital currencies
A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the…
Jul 14, 2019 22:02 UTC Read More

U.S. proposes barring big tech companies from offering financial services, digital currencies
(Reuters) - A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for…
Jul 14, 2019 22:02 UTC Read More

Earnings season, Amazon Prime Day – What to know in the week ahead
Traders this week will have plenty to sink their teeth into, between the start to second-quarter earnings season, hearings on Facebook's controversial new…
Jul 14, 2019 15:30 UTC Read More

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