‘Vote of confidence’: UK hails $37 billion of foreign investment

‘Vote of confidence’: UK hails $37 billion of foreign investment

FDI gathering held at 16th century palace Sunak hails investment, holds off on subsidy push Britain has slipped in FDI rankings HAMPTON COURT, England, Nov 27 (Reuters) – Prime Minister Rishi Sunak announced 29.5 billion pounds ($36.8 billion) of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting … Read more

Mideast wealth funds draw US scrutiny over China ties – Bloomberg News

Mideast wealth funds draw US scrutiny over China ties – Bloomberg News

Nov 24 (Reuters) – Middle Eastern wealth funds are facing greater U.S. scrutiny as part of a pushback on entities potentially having closer ties to China, Bloomberg News reported on Friday. The Committee on Foreign Investment in the United States is reviewing more than half a dozen deals on concerns of national security risks, including … Read more

India stocks set to hit new highs in 2024 as economy hums

India stocks set to hit new highs in 2024 as economy hums

A man walks past the new logo of the Bombay Stock Exchange (BSE) building in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas Acquire Licensing Rights BENGALURU, Nov 22 (Reuters) – India’s stock market will hit new highs in the next six months and rise over 10% from here by end-2024, driven by a sustained expansion … Read more

Russia’s sanctioned Sovcombank requests US licence to make UN climate payments

Russia’s sanctioned Sovcombank requests US licence to make UN climate payments

A view shows a board with the logo of Sovcombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 17, 2022. REUTERS/Maxim Shemetov/File Photo Acquire Licensing Rights This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Nov 23 (Reuters) – Russian private … Read more

Big investors say US markets rally could prove short-lived

Big investors say US markets rally could prove short-lived

NEW YORK, Nov 22 (Reuters) – The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers, who see fiscal and monetary policies, next year’s presidential election and recession fears as likely to start weighing on markets. Since late October, the … Read more

India stocks set to hit new highs in 2024 as economy hums – Reuters poll

India stocks set to hit new highs in 2024 as economy hums – Reuters poll

A man walks past the new logo of the Bombay Stock Exchange (BSE) building in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas Acquire Licensing Rights BENGALURU, Nov 22 (Reuters) – India’s stock market will hit new highs in the next six months and rise over 10% from here by end-2024, driven by a sustained expansion … Read more

Morning Bid: AI buzzes but market shrugs at Nvidia beat

Morning Bid: AI buzzes but market shrugs at Nvidia beat

A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market takes a significant dip in New York, U.S., February 25, 2020. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan The mercurial world of … Read more

Fed shifts into cautious policy mode as risks become more two-sided

Fed shifts into cautious policy mode as risks become more two-sided

WASHINGTON, Nov 21 (Reuters) – U.S. Federal Reserve officials agreed at their last policy meeting that they would proceed “carefully” and only raise interest rates if progress in controlling inflation faltered, the minutes of the Oct. 31-Nov. 1 gathering showed on Tuesday. “All participants agreed that the Committee was in a position to proceed carefully,” … Read more

Frankfurt builds up clearing volumes as EU seeks to pull business from London

Frankfurt builds up clearing volumes as EU seeks to pull business from London

A general view shows the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019. REUTERS/Kai Pfaffenbach/File Photo Acquire Licensing Rights LONDON, Nov 21 (Reuters) – Deutsche Boerse’s (DB1Gn.DE) derivatives arm said on Tuesday that it has been building up volume in its Euribor futures contract in Frankfurt as the European Union vies with … Read more

Argentina markets buckle up for reopening after Milei election triumph

Argentina markets buckle up for reopening after Milei election triumph

Argentina domestic markets re-open after Monday bank holiday International bonds, US-listed stocks surged in post election rally U.S.-premarket indications point to more equities gains LONDON, Nov 21 (Reuters) – Investors were buckling up on Tuesday as Argentina’s local markets prepared to reopen after the weekend’s presidential election win of radical libertarian outsider Javier Milei. Argentina’s … Read more