Dollar gains, Aussie slides after RBA hikes but tempers hawkish view
(Reuters) – The dollar advanced on Tuesday as last week’s rally in riskier currencies took a breather, while the Aussie…
Hedge fund investors pull $80 billion from industry in 2023 – Aurum
(Reuters) – The hedge fund industry saw a net $80 billion of outflows for the year to Oct. 18, even…
French inflation slows in October amid ECB’s tight monetary policy
France, the second-largest economy in the eurozone, witnessed a slowdown in inflation during October. This slowdown was primarily due to…
Nasdaq beats profit estimates on strong demand for investment products
(Reuters) – Nasdaq on Wednesday reported third-quarter profit that beat Wall Street estimates, helped by stronger demand for its indexes…
LinkedIn announces second major layoff this year amid restructuring
Microsoft (NASDAQ:MSFT)’s LinkedIn (NASDAQ:MSFT) is set for a second round of significant layoffs this year, affecting approximately 668 employees from…
Take Five: War and peace of mind
(Reuters) -Geopolitics are at the forefront of everyone’s minds after war broke out between Israel and Palestinian militant group Hamas,…
Pakistan set to meet some key targets set by IMF – central bank chief
(Reuters) – Pakistan’s central bank has met an end-September deadline for a forward book target of $4.2 billion agreed with…
China bans new offshore brokerage accounts in capital control move
(Reuters) – China has for the first time issued a notice prohibiting domestic brokerages and their overseas units from taking…
IMF: Sri Lanka’s talks with creditors ongoing, unaware of specific deals
(Reuters) – Discussions between Sri Lanka and all its creditors are ongoing, though the International Monetary Fund has not been…
Bank of England piles pressure on money market funds to bolster liquidity
(Reuters) – The Bank of England said on Tuesday that money market funds should hold “significantly” higher amounts of liquid…