Economic News

By Stephen Culp NEW YORK (Reuters) - Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the...

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. 25, no change, or maybe 50? Every Fed meeting is the most important since the one...

By Stephen Nellis (Reuters) -Nvidia Corp Chief Executive Jensen Huang on Tuesday laid out the company's plans to make the powerful and expensive supercomputers used to develop AI...

By Lisa Pauline Mattackal and Medha Singh (Reuters) - As crisis stalks the traditional world of stocks and bonds, bitcoin is suddenly looking like a safe haven. The infamously...

By Ketki Saxena  Investing.com – In the wake of the financial crisis that has rocked regional banks, and spelled the end of Credit Suisse (SIX:CSGN), a coalition of Canada’s...

By Julia Payne LAUSANNE, Switzerland (Reuters) -Goldman Sachs expects a commodities supercycle driven by China and the capital flight from energy markets and investment this month...

By Johann M Cherian (Reuters) - Canada's benchmark stock index extended gains for a second-straight session on Tuesday to its highest in a week, helped by gains in energy and...

By Geoffrey Smith  Investing.com -- Treasury Secretary Janet Yellen is set to bolster hopes of more official support for U.S. banks later, in a speech that talks up the importance...

By Geoffrey Smith  Investing.com -- The Federal Reserve starts a two-day meeting at which it will have to decide whether financial stability risks trump inflation risks. Bank...

By David Randall and Lewis Krauskopf NEW YORK (Reuters) - Worries over the banking crisis are boosting disparate assets, with traditional safe-havens such as gold, Treasuries and...

By Ambar Warrick Investing.com -- U.S. officials are considering ways to temporarily expand Federal Deposit Insurance Corporation coverage to cover all bank deposits, Bloomberg...

By Yasin Ebrahim Investing.com -- The Federal Reserve is expected to opt for the "safest" path and meet the market expectations of a quarter-point hike later this week as the risk...

By Koh Gui Qing and Marc Jones NEW YORK/LONDON (Reuters) - Bank stocks rallied on Monday and a cross-asset scramble for safety abated, as investors heaved a tentative sigh of...

By Ketki Saxena  Investing.com -- At an emergency meeting over the weekend, the Bank of Canada joined a coalition  of global central banks to stop the banking crisis from...

By Hannah Lang WASHINGTON (Reuters) - The dollar slid on Monday as investors reacted to UBS' cut-price takeover of its beleaguered rival Credit Suisse (SIX:CSGN) CSGN.S. UBS...

By Ketki Saxena  Investing.com – In a speech in Oshawa today, Canadian Deputy Prime Minister and Finance Minister Chrystia Freeland outlined the Liberal government's priorities...

(Bloomberg) -- For all the focus on whether the Federal Reserve is about to pause its interest-rate hikes, there’s another critical policy decision sure to draw plenty of attention...

By Scott Kanowsky  Investing.com -- European Central Bank president Christine Lagarde defended the ECB's decision last week to raise interest rates but refrain from making...

By Scott Kanowsky  Investing.com -- The German economy is anticipated to shrink in the first quarter of 2023, the country's central bank, the Bundesbank, said in a monthly report...

By Geoffrey Smith  Investing.com -- Credit Suisse collapses into the arms of local rival UBS in a $3 billion deal that rattles bondholders by wiping out $17B in junior debt,...

MOSCOW (Reuters) -The Kremlin told officials involved in preparations for Russia's 2024 presidential election to stop using Apple (NASDAQ:AAPL) iPhones because of concerns that...

TAIPEI (Reuters) - Taiwan's export orders in February shrank for a sixth straight month, though at a slower pace, dragged down by China and as global demand continued to be...

By Ambar Warrick Investing.com -- China’s central bank held its key loan prime rate (LPR) at record lows on Monday, keeping monetary conditions largely accommodative as the country...

By Phuong Nguyen HANOI (Reuters) - Vietnamese electric-vehicle (EV) start-up VinFast said on Friday three senior sales and customer-service have left the company this week. The...

By Chris Prentice and Elizabeth Howcroft NEW YORK/LONDON (Reuters) - Investor sentiment remained fragile on Friday despite massive rescue for the banking sector, leaving global...

By Ketki Saxena Investing.com – The most important stories in Canadian economics you may have missed last week In the wake of the SVB and regional bank collapse, Canadian...

By Ketki Saxena  Investing.com – The Healthcare of Ontario Pension Plan (HOOPP), historically one of the top performers amongst Canada’s big pension funds, posted a loss in 2022...

Proactive Investors - At the start of the week, the US Federal Reserve was widely expected to raise interest rates by another 50 basis points (bp) at its next meeting in a bid to...

(Bloomberg) -- US short-term inflation expectations fell in early March to the lowest level in nearly two years and long-run views also eased, but consumer sentiment still fell due...

By Scott Kanowsky  Investing.com -- Inflationary pressures will require many central banks around the world to keep interest rates higher well into next year, according to a report...

By Geoffrey Smith  Investing.com -- Eurozone banks continued to run down their loans from the European Central Bank on Friday, extending a gradual reduction of the ECB's balance...

By Shubham Batra and Amruta Khandekar (Reuters) -Wall Street was set to open lower on Friday as investors remained wary about a potential banking crisis even as the country's...

By Geoffrey Smith  Investing.com -- The Chinese central bank loosened a key instrument in its monetary policy Friday, aiming to support an economy facing challenges from a slowdown...

(Reuters) - The U.S. Federal Reserve meets after global banking turmoil has left deep scars on financial markets - with the risk of more to come. Lender Credit Suisse (SIX:CSGN)...

By Geoffrey Smith  Investing.com -- Don’t be fooled. This is not 2008. Heck, it probably isn’t even 2007. That’s the good news. The bad news is - that doesn’t mean there won’t be a...