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Wall St Week Ahead Investors wonder when the sharp selloff in US stocks will end

Wall St Week Ahead Investors wonder when the sharp selloff in US stocks will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 22, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 23 (Reuters) – A week of heavy selling has rocked U.S. stocks and bonds, and many investors are bracing for …

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Britain bets on historic tax cuts and borrowing, investors get scared

Britain bets on historic tax cuts and borrowing, investors get scared

Kwarteng slashes top income tax rate amid growth momentum Huge increase in UK government debt issuance expected Gilts suffer biggest drop in decades The pound falls to its lowest level in 37 years against the dollar LONDON, Sept 23 (Reuters) – Britain’s new finance minister, Kwasi Kwarteng, on Friday announced historic tax cuts and huge …

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Funds flow to Southeast Asian startups as China loses its shine

Funds flow to Southeast Asian startups as China loses its shine

A man walks past the city during the coronavirus disease (COVID-19) outbreak, in Singapore September 29, 2021. REUTERS/Edgar Su Join now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept 23 (Reuters) – Southeast Asian startups are enjoying a boom in fundraising by venture capital and buyout funds seeking bigger returns and shying away from …

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Elon Musk faces skeptics as Tesla prepares to unveil 'Optimus' robot

Elon Musk faces skeptics as Tesla prepares to unveil ‘Optimus’ robot

SAN FRANCISCO, Sept 20 (Reuters) – Tesla (TSLA.O) chief executive Elon Musk has blamed overreliance on factory robots for sending the electric car maker into “the production hell” four years ago, claiming that humans are better at certain jobs. My, how times have changed. Musk’s Texas-based company is now proposing ambitious plans to deploy thousands …

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Cryptoverse: After Merger, Ether Heads For A $20 Billion Shanghai Madness

Cryptoverse: After Merger, Ether Heads For A $20 Billion Shanghai Madness

Souvenir tokens representing the Bitcoin, Ethereum, Dogecoin and Ripple cryptocurrency networks dive into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register Sep 20 (Reuters) – Merger has come, seen and conquered. Not that you would guess from crypto prices. The mega-upgrade to the …

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Exclusive: India's top lender asks exporters to trade with Bangladesh in rupee, taka

Exclusive: India’s top lender asks exporters to trade with Bangladesh in rupee, taka

New Delhi, Sept 19 (Reuters) – The main lender, the State Bank of India (SBI.NS), has asked exporters to avoid making deals with Bangladesh in dollars and other major currencies, as it seeks to limit exposure to Dhaka’s downside reserves, according to an internal document and a source. Bangladesh’s $416 billion economy struggles with rising …

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Wall St Week Ahead: As markets turn, investors hide in cash despite soaring inflation

Wall St Week Ahead: As markets turn, investors hide in cash despite soaring inflation

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 16 (Reuters) – A tough year in markets is pushing some investors into cash as they capitalize …

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Porsche's IPO will include 911 million shares in a nod to its most famous model

Porsche’s IPO will include 911 million shares in a nod to its most famous model

Join now for FREE unlimited access to Reuters.com Register Volkswagen supervisory board to meet on Sunday – sources Stock market prospectus expected on Monday – sources The bookbuilding will start early next week HAMBURG/FRANKFURT/LONDON, Sept 15 (Reuters) – Volkswagen’s supervisory board (VOWG_p.DE) is due to meet on Sunday to push ahead with the IPO of …

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Analysis: European governments defy market volatility with green bond windfall

Analysis: European governments defy market volatility with green bond windfall

Wind turbines from the Mozura wind farm are seen in Ulcinj, Montenegro June 18, 2020. REUTERS/Stevo Vasiljevic/File Photo Join now for FREE unlimited access to Reuters.com Register Sep 15 (Reuters) – Eurozone governments have raised 15 billion euros ($15 billion) in green bonds in the past two weeks, pushing volumes above a year ago, even …

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