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Asian stocks mixed on Fed warning, China hopes

Asian stocks mixed on Fed warning, China hopes

https://tmsnrt.rs/2zpUAr4 Fed’s Waller downplays CPI as a single number Beijing outlines ownership support and COVID steps Biden will meet Xi at the G20 SYDNEY, Nov 14 (Reuters) – Asian stock markets were mixed on Monday as a top U.S. central banker warned investors against getting carried away by single-digit inflation, while Chinese stocks gained in …

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Column: Ukraine endgame could electrify global markets

Column: Ukraine endgame could electrify global markets

LONDON, Nov 11 (Reuters) – Defusing this year’s biggest shock to the global economy could catalyze a rebound in global markets that many investors believe is too late – but could also raise other uncomfortable puzzles. Whispers about an endgame to Russia’s 9-month-old invasion of Ukraine – suggestions ranging from ‘talking talks’ to a brokered …

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FTX seeks $9.4 billion in bailout funds from investors and rivals - source

FTX seeks $9.4 billion in bailout funds from investors and rivals – source

Nov 10 (Reuters) – FTX is scrambling to raise about $9.4 billion from investors and competitors, a source said on Thursday, as chief executive Sam Bankman-Fried urgently seeks to save the cryptocurrency exchange that has been rocked by a rush of customer withdrawals. Bankman-Fried discussed raising $1 billion each from Justin Sun, the founder of …

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Lula's honeymoon with the markets ends amid spending plan fears

Lula’s honeymoon with the markets ends amid spending plan fears

BRASILIA, Nov 10 (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva’s short-lived honeymoon with the markets appeared to end on Thursday as investors grew impatient with his desire to increase social spending without setting rules long-term budgets or appointing its main economic decision-makers. Brazil’s currency and the benchmark Bovespa (.BVSP) stock index both surged …

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Exclusive: Behind the fall of FTX, the fight against billionaires and a failed attempt to save crypto

Exclusive: Behind the fall of FTX, the fight against billionaires and a failed attempt to save crypto

November 10 (Reuters) – (This story contains language that some readers may find offensive in paragraph 2) On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off guard with a grim message. “I’m sorry,” he told them. “I failed.” The reason for the mea culpa: its announcement half an hour earlier …

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