Binance.US Suspends US Dollar Deposits After Regulators Crackdown

Binance.US Suspends US Dollar Deposits After Regulators Crackdown

(1/2) The Binance US logo is seen on a booth during the Bitcoin 2022 conference in Miami Beach, Florida, U.S., April 6, 2022. REUTERS/Marco Bello/File Photo June 8 (Reuters) – Crypto exchange Binance.US said on Thursday it was suspending U.S. dollar deposits and banking partners were preparing to suspend fiat dollar withdrawal channels as of … Read more

Stocks stagnate as bond markets reprice rate expectations

Stocks stagnate as bond markets reprice rate expectations

(1/3) The DAX chart of the German stock price index is pictured on the stock exchange in Frankfurt, Germany, June 5, 2023. REUTERS/Staff European stocks come out of the red Bond markets reassess rate expectations after Canada surprise The Turkish lira stabilizes after a 7% fall on Wednesday LONDON, June 8 (Reuters) – Borrowing costs … Read more

Stocks remain in tight ranges as traders consider suspending Fed outlook

Stocks remain in tight ranges as traders consider suspending Fed outlook

SINGAPORE, June 6 (Reuters) – Asian stocks rose on Tuesday as weak U.S. economic data bolstered expectations that the Federal Reserve could ignore an interest rate hike at its meeting next week. MSCI’s broadest index of Asia-Pacific stocks outside Japan (.MIAPJ0000PUS) rose 0.17%, brushing off earlier losses, while Tokyo’s Nikkei (.N225) gained 0.65%. Futures indicated … Read more

Asian stocks extend global rally

Asian stocks extend global rally

Asian scholarships: Nikkei up 1.6% to break key level; high dollar Oil prices pare gains after sharp Saudi production cuts Markets bet Fed will pause in June, sees risk of July hike SYDNEY, June 5 (Reuters) – Most Asian stock markets extended their global rally on Monday on suspicion that the Federal Reserve would suspend … Read more

Morning auction: get ready for a bullish start to the week

Morning auction: get ready for a bullish start to the week

June 5 (Reuters) – A preview of the day ahead in Asian markets from Jamie McGeever. Asian markets are poised for a strong start on Monday, extending last week’s upside momentum and growing risk appetite on growing hopes that the US economy is heading for a “soft landing” after the approval by Congress last week … Read more

Asian stocks plunge as investors ponder consequences of US debt deal

Asian stocks plunge as investors ponder consequences of US debt deal

SYDNEY, May 30 (Reuters) – Asian stocks lost their first gains on Tuesday as relief that a possible U.S. government default had been averted gave way to fears that the debt ceiling suspension agreement is not a compromise that would have negative consequences. The package still needs to be approved by the Republican-controlled House of … Read more

Stocks rise on US debt ceiling deal, but China lags

Stocks rise on US debt ceiling deal, but China lags

Asian scholarships: Nikkei jumps 1% to new 33-year high as US futures rise The dollar remains high and hits a 6-month high against the yen Closure of Treasury treasuries, rise in oil prices Markets return to price of Fed rate hike next month SYDNEY, May 29 (Reuters) – Asian stocks and Wall Street futures rose … Read more

More insurers are deserting the net zero alliance as the UN climate group sounds the alarm

More insurers are deserting the net zero alliance as the UN climate group sounds the alarm

(1/3) The logo of insurer Allianz SE is seen on the company’s building in Puteaux, in the financial and business district of La Defense near Paris, outside Paris, France, May 14, 2018. REUTERS/Charles Platiau /File Photo Lloyd’s of London is the latest of the six to leave NZIA UN group warns ‘political attacks’ hurt insurers … Read more

Investors hold their breath as US debt talks edge closer to a deal

Investors hold their breath as US debt talks edge closer to a deal

Global stocks head for weekly loss Japan’s Nikkei aim for seven consecutive winning weeks Treasuries rally on hopes of US debt ceiling deal PCE inflation data in the United States before the start of Wall Street LONDON, May 26 (Reuters) – Global stock markets were silent on Friday, with investors holding their breath as the … Read more

AAArrgg! Stocks in debt ceiling danger zone after US rating warning

AAArrgg!  Stocks in debt ceiling danger zone after US rating warning

(1/2) The US Capitol is reflected in a falling puddle amid ongoing negotiations seeking a deal to raise the US debt ceiling and avert a catastrophic default, in Washington, US, on May 24, 2023. REUTERS/Jonathan Ernst SINGAPORE, May 25 (Reuters) – Markets were stuck in U.S. debt ceiling limbo on Thursday as Europe largely shrugged … Read more