Posted at 20:32h
in
News
by KMFSLLP
Federal Reserve Chair Jerome Powell had a
clear message to interest rate futures traders on Wednesday:
Bets the U.S. central bank is headed toward a negative
interest-rate policy are off-base.
...
Posted at 20:03h
in
News
by KMFSLLP
* Bloc eager to reopen borders internally as COVID-19
recedes
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Posted at 20:01h
in
News
by KMFSLLP
Images of packed Tube trains and buses draw warnings but TfL reports modest rise in journeys
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Posted at 19:59h
in
News
by KMFSLLP
The International Monetary Fund
on Wednesday said it has begun remote discussions this week with
Lebanon, which is seeking some $10 billion of aid to help it out
of the worst financial crisis in its history.
Posted at 19:50h
in
News
by KMFSLLP
WASHINGTON, May 13 (Thomson Reuters Foundation) - As U.S.
states start to ease coronavirus lockdowns, one group warns that
its troubles are worsening without enough financial support:
renters.
...
Posted at 19:47h
in
News
by KMFSLLP
* Sterling falls to 5-week low as dollar strengthens
(Updates to U.S. afternoon)
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Posted at 19:47h
in
News
by KMFSLLP
Goldman Sachs Chief Financial
Officer Stephen Scherr told investors on Wednesday that the
bank's lending exposure to energy, hotel, gaming and airline
companies was manageable, and that the bank would not seek to
grow its retail loan portfolio given current economic
conditions.
Posted at 19:47h
in
News
by KMFSLLP
With a mass return to offices
looking like wishful thinking in New York and other cities even
as businesses start to reopen as the coronavirus outbreak is
contained, companies are exploring real estate options in the
suburbs.
Posted at 19:41h
in
News
by KMFSLLP
Illinois paid a stiff penalty
for its financial woes on Wednesday with yields in the state's
sale of $800 million of bonds topping out at a hefty 5.85%.
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Posted at 19:31h
in
News
by KMFSLLP
* Warns of economic risk from potential 2nd virus peak
(Adds details)
...