CEN | News Pub

UK retailer Wilko collapses, putting 12,500 jobs at risk

A branch of the discount retail homeware store Wilko is seen in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo Wilko enters administration 93-year old retailer...

US Fed clarifies process for banks to transact in stablecoins

Crypto9 months ago

US Fed clarifies process for banks to transact in stablecoins

The U.S. Federal Reserve building in Washington, D.C./File Photo Aug 8 (Reuters) – State banks that are a member of the U.S. Federal Reserve system should...

U.S. markets may not see lasting impact from Fitch downgrade

World9 months ago

U.S. markets may not see lasting impact from Fitch downgrade

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid/File Photo Aug 2 (Reuters)...

Brazil’s finance minister expects interest to fall to ‘at least’ 12% by year-end

Finance9 months ago

Brazil’s finance minister expects interest to fall to ‘at least’ 12% by year-end

BRASILIA, July 26 (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Wednesday that he expects the basic interest rate to fall to “at least” 12%...

China to step up policy adjustments amid tortuous recovery

World10 months ago

China to step up policy adjustments amid tortuous recovery

China to step up macroeconomic adjustments – Politburo Says will focus on expanding domestic demand Will adjust and optimise property policies in a timely manner Says...

China’s bad first half gets investors hopeful and interested

World10 months ago

China’s bad first half gets investors hopeful and interested

July 19 (Reuters) – China’s disappointing first half has the economy ripe for some help, and investors are preparing to ride an expected short-term wave of...

Brazil’s central bank prepares public consultation on cryptocurrency regulation

Crypto10 months ago

Brazil’s central bank prepares public consultation on cryptocurrency regulation

BRASILIA, July 18 (Reuters) – Brazil’s central bank announced on Tuesday its plans to launch a public consultation regarding the regulation of cryptocurrencies in the second...

Why a $1.5 trillion source of corporate financing is choking on higher rates

Finance10 months ago

Why a $1.5 trillion source of corporate financing is choking on higher rates

CLO issuance down 41% in H1 vs same time last year Funding lifeline for junk-rated borrowers shrinking Investors demand higher premium LONDON, July 5 (Reuters) –...

UK financial services minister urges caution over central bank digital currency

Finance10 months ago

UK financial services minister urges caution over central bank digital currency

LONDON, July 4 (Reuters) – Britain should be cautious about whether to issue a digital version of the pound given privacy and other issues involved, financial...

Breakingviews – El Nino will brew up potent new economic storm

World10 months ago

Breakingviews – El Nino will brew up potent new economic storm

MELBOURNE, July 4 (Reuters Breakingviews) – Just when you thought it was safe to hope interest rates might soon peak, along comes more bad news. It...