Brexit: The Irish border has become a sticking point
2018-10-15 16:25:14 UTC
LUXEMBOURG (AP) — Britain and the European were still both refusing to blink Monday over the question of the Irish border in Brexit talks — only two days ahead of a summit once seen as the moment when they would have to reach deal on Britain’s div...
Dow Jones Worst Day Since 2011
2018-02-06 03:58:21 UTC
TOKYO (AP) — Shares tumbled in Asia on Tuesday after a wild day for U.S. markets that resulted in the biggest drop in the Dow Jones industrial average in six and a half years.
Japan’s Nikkei 225 index dropped as much as 5.6 percent in early tra...
Dollar Slides to 3-year Low as Euro Gains
2018-01-24 07:28:05 UTC
SINGAPORE (Reuters) - The dollar slid to three-year lows against a basket of major peers on Wednesday.
The euro climbed to as high as $1.2335 EUR=, its strongest level since December 2014, and was last up 0.2 percent at $1.2318.
Euro zone co...
Bitcoin extended its sharp tumble of the past 24 hours
2018-01-17 17:16:08 UTC
(Reuters) - Bitcoin extended its sharp tumble of the past 24 hours, skidding more than 20 percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed i...
Down 35 percent: Bitcoin tumbled below $13,000
2017-12-22 07:47:50 UTC
TOKYO (Reuters) - Cryptocurrency bitcoin tumbled below $13,000 briefly on the Bitstamp exchange BTC=BTSP on Friday, down roughly 35 percent from its record top near $20,000 set at the start of the week.
It was last down 7 percent at $14,499 BTC...
Bitcoin loses 20 percent of its value in less than 24 hours
2017-11-30 20:57:52 UTC
LONDON (Reuters) - Bitcoin slid to as low as $9,000 in volatile trade on Thursday, having lost more than a fifth of its value since hitting an all-time high of $11,395 on Wednesday.
The cryptocurrency fell as much as 8 percent on Thursday on th...
Bitcoin tops an all-time high above $10,000
2017-11-29 06:11:39 UTC
NEW YORK (Reuters) - Red-hot bitcoin soared through an all-time high above $10,000 on Wednesday, taking its gains to more than 900 percent so far this year, the most of any asset class.
Despite widespread scepticism of many veteran bankers and ...
Strong German Growth Data Lifts Euro
2017-11-14 22:08:49 UTC
NEW YORK (Reuters) - The euro was set for its strongest session in more than four months on Tuesday, boosted by strong economic growth in Germany, but world stocks fell for the fourth straight day as oil prices fell and investors worried about U.S...
Bitcoin surged to a record high of more than $6,000
2017-10-20 20:12:57 UTC
NEW YORK (Reuters) - Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a who...
North Korea Missile Test Jolts Investors: U.S. Stocks Drop
2017-08-29 14:07:59 UTC
(Reuters) - The Dow fell more than 100 points at the open on Tuesday as North Korea’s missile test over Japan prompted President Donald Trump to warn that “all options are on the table”, triggering a flight to safety among investors.
Hottest Tech startups don't need venture capital money
2017-07-24 07:00:59 UTC
NEW YORK (Reuters) - U.S. venture capital firms lining up for a slice of the burgeoning digital currency market are grappling with a novel challenge - some of the hottest tech startups that sell the coins just don't need their money.
Only a few...
Solid European economic outlook kept euro strong against dollar
2017-07-21 04:12:59 UTC
TOKYO (Reuters) - Concerns about Trump's inability to push the US economy and strong global growth are weakening the dollar.
The euro held near two-year highs against the dollar on Friday after the head of the European Central Bank said taperin...
US Dollar falls to lowest level in 2017
2017-07-17 21:08:40 UTC
NEW YORK (Reuters) - The U.S. dollar hit its lowest level against a basket of major currencies in 10 months on Monday and the Australian dollar hit a more than two-year high on strong Chinese economic data and doubts that the Federal Reserve would...
US auto industry has been bracing for a downturn
2017-07-03 16:51:23 UTC
The U.S. auto industry has been bracing for a downturn after hitting a record 17.55 million new vehicles sold in 2016. A glut of nearly new used vehicles poses competition for new vehicle sales and automakers have relied increasingly on high consu...
Should I buy euros now or later?
2017-06-09 23:19:33 UTC
LONDON — The UK currency has experienced significant volatility in the fallout from the General Election.
The Conservatives failed to secure a majority in the contentious vote, leaving the nation grappling with the result of a hung parliament. ...
Trudeau vows to stand up for Canadian interests against Trump
2017-04-25 17:13:52 UTC
OTTAWA — Prime Minister Justin Trudeau vowed to stand up for Canadian interests on Tuesday after the U.S. imposed new tariffs on softwood lumber and trade tensions between the two countries escalated, sending the Canadian dollar to a 14-month low....
Global Stocks Slide, Treasuries and Yen Up
2017-04-11 05:04:09 UTC
Asian stocks fell in choppy trade on Tuesday as the political tinderbox in the Middle East and the Korean Peninsula added to uncertainty over the looming French vote, pushing edgy investors into safer assets such as the yen and Treasuries.
US dollar struggles near a four-month low against the yen
2017-03-22 03:58:12 UTC
By Shinichi Saoshiro |
TOKYO — The dollar struggled near a four-month low against the yen on Wednesday as a bout of investor risk aversion hit U.S. stocks and sent U.S. Treasury yields sharply lower, eroding the greenback's interest rate allur...
Euro marks strongest gain against dollar in one month
2017-03-13 01:51:24 UTC
The euro edged up near a one-month high against the dollar in Asian trading on Monday, after some European Central Bank policymakers raised the possibility of hiking interest rates before bond purchases end.
The euro was up 0.1 percent at $1.06...
Euro jumps to three- week high against the dollar
2017-03-10 19:44:15 UTC
The euro jumped to a three-week high against the dollar on Friday after a report that the European Central Bank had discussed the possibility of raising interest rates before the end of its quantitative easing program.
Sources told Reuters some...
Dollar continues under pressure amid Trump protectionism
2017-01-24 06:44:36 UTC
Dollar struggles, pressured by worries over Trump protectionism.
The dollar wallowed near seven-week lows in Asian trade on Tuesday, pressured by concerns about the impact of U.S President Donald Trump's protectionist trade stance.
Asia stocks, dollar slip amid U.S. election tension
2016-11-03 04:50:54 UTC
Asia shares joined the U.S. dollar on the defensive on Thursday as the nail-biting U.S. presidential race saw the S&P 500 suffer its longest losing streak in five years as investors sailed to safer harbors.
Tensions were aggravated by media rep...
Asia stocks shaky as FBI review of Clinton emails rattles markets
2016-10-31 07:18:13 UTC
SINGAPORE (Reuters) - Most Asian stocks struggled higher on Monday but investors were rattled by news that the FBI is planning to review more emails related to Democratic presidential candidate Hillary Clinton's private server, just a week before ...
Bank of England records no dissent over lowering bank capital buffer after Brexit vote
2016-07-12 08:50:19 UTC
No Bank of England policymakers objected to a decision to cut banks' capital requirements at a meeting in the wake of Britain's vote to leave the European Union, a record of their meeting showed on Tuesday.
Last week the BoE's Financial Policy ...
Dollar extends losses, stocks add to gains after Fed
2016-06-15 18:51:47 UTC
Global stock markets briefly added to gains while the U.S. dollar extended losses on Wednesday after the Federal Reserve decided to leave interest rates unchanged.
U.S. bond yields fell after the statement by the U.S. central bank, which also s...