FILE PHOTO: People wearing face masks walk past the headquarters of Chinese central bank People’s Bank of China (PBOC), April 4, 2020. REUTERS/Tingshu WangBEIJING (Reuters) – China will maintain a
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China education fund tumbles after ill-timed launch
SHANGHAI (Reuters) – Following an ill-timed launch, a Chinese fund that promised to offer global investors a “golden” opportunity to buy Chinese education stocks has dropped more than 40% this
Rosy earnings lift US stocks to record peaks, dollar at 1-month low
NEW YORK (Reuters) -Strong company earnings and solid economic growth data pushed U.S. shares to record highs on Thursday, though the Federal Reserve’s message earlier this week that it was
Dollar stands firm with Fed decision in focus
LONDON (Reuters) – The dollar stood firm on Wednesday after being pinned down earlier, with investors holding off on placing major bets ahead of the outcome of a U.S. Federal
Dollar edges lower as investors await Fed meeting outcome
NEW YORK (Reuters) -The U.S. dollar edged lower against a basket of peer currencies on Tuesday as investors awaited the outcome of this week’s two-day Federal Reserve policy meeting for
Marketmind: Expect ECB doves to coo
A look at the day ahead from Tommy Wilkes.FILE PHOTO: The headquarters of the European Central Bank (ECB) are pictured in Frankfurt, Germany, July 8, 2020. REUTERS/Ralph OrlowskiAfter being billed
Tens of thousands evacuated as China storms spread northwards
BEIJING (Reuters) – Tens of thousands of people were being evacuated from flood-hit regions of central China on Thursday as officials raised the death toll from heavy rains that have
Stocks recover even as global recovery fears linger
LONDON/HONG KONG (Reuters) – European shares bounced back from their worst day of the year on Tuesday, but German bond yields slipped to fresh five-month lows as a reminder that
From Soho to Wall Street: Membership Collective shares fall in debut
FILE PHOTO: Soho House is seen on Greek street, London, Britain, July 13, 2021. REUTERS/Peter Nicholls(Reuters) – Shares of Soho House private members club fell 6% in their New York
Fed boosts bonds, Delta blues stall stocks
LONDON (Reuters) – Europe’s share markets spluttered and government bond yields burrowed lower on Thursday after the head of the Federal Reserve dampened taper talk and traders struggled with the