By Hannah Lang WASHINGTON (Reuters) – The dollar touched a one-week high against the yen on Wednesday, boosted by a jump in Treasury yields and investor expectations for a rebound in Chinese gro[...]
Read more
December 28, 2022
Crypto exchange Kraken to stop operations in Japan
(Reuters) -U.S.-based crypto exchange Kraken said on Wednesday it would cease its operations in Japan next month, citing the current market conditions in the country and a weak crypto market globally.[...]
Read more
What investors watch out for in emerging markets in 2023
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – It has been a rough 12 months for emerging markets that have seen more governments stumble into default, currencies suffer and dou[...]
Read more
Sam Bankman-Fried to enter plea in FTX fraud case
By Jonathan Stempel NEW YORK (Reuters) – Sam Bankman-Fried is expected to enter a plea next week to criminal charges he defrauded investors and looted billions of dollars in customer funds at hi[...]
Read more
Ryanair, Wizz Air and easyJet face Italy inquiry over Sicily flight prices
ROME (Reuters) -Italy’s antitrust regulator has opened an inquiry into possible price-fixing for flights in and out of Sicily by airlines including Ryanair, Wizz Air and easyJet. The investigati[...]
Read more
Ship insurers to cancel war cover for Russia, Ukraine from Jan. 1
By Carolyn Cohn and Jonathan Saul LONDON (Reuters) -Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the fac[...]
Read more
European shares end lower, Britain outpaces as China-exposed miners jump
By Bansari Mayur Kamdar (Reuters) -European shares closed lower on Wednesday, weighed down by declines in energy stocks, while Britain’s FTSE 100 outpaced peers after a Christmas holiday as inve[...]
Read more
ABB gets $1.4 billion after completing power grids sale to Hitachi
ZURICH (Reuters) – ABB has completed the sale of its remaining 19.9% stake in the power grids business it sold to Hitachi, the Swiss engineering and technology group said on Wednesday. Hitachi h[...]
Read more
Southwest cancels thousands more flights; U.S. government vows scrutiny
By David Shepardson and Alexandra Alper (Reuters) -Southwest Airlines came under fire from the U.S. government on Tuesday after it canceled thousands of flights, and its boss, Bob Jordan, said the low[...]
Read more