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FTX collapse shows urgent need to finalise EU crypto rules, says European Commission

FTX collapse shows urgent need to finalise EU crypto rules, says European Commission

By Huw Jones LONDON (Reuters) -The “questionable practices” at now collapsed crypto exchange FTX would not have been allow..

World stocks upbeat on hopes for China re-opening, inflation peaking

World stocks upbeat on hopes for China re-opening, inflation peaking

By Dhara Ranasinghe LONDON (Reuters) -World equity markets rallied on Wednesday lifted by hopes that inflation is peaking and a re-ope..

Global stocks to grind higher, lacklustre year ahead: Reuters poll

Global stocks to grind higher, lacklustre year ahead: Reuters poll

By Hari Kishan BENGALURU (Reuters) – The global economy needs to find a more solid footing before most stock markets break out o..

Economic headwinds set to push oil below $100 in 2023: Reuters Poll

Economic headwinds set to push oil below $100 in 2023: Reuters Poll

By Seher Dareen (Reuters) – Brent oil prices will hold above the $100 level for the rest of 2022 as an impending EU ban on Russi..

Bank of England consults on remaining Basel bank capital rules

Bank of England consults on remaining Basel bank capital rules

LONDON (Reuters) – The Bank of England confirmed on Wednesday that the rollout of remaining global bank capital rules would star..

Sweden, Finland and Turkey have made progress on NATO membership, Sweden says

Sweden, Finland and Turkey have made progress on NATO membership, Sweden says

BUCHAREST (Reuters) – Sweden and Finland have made good progress towards an agreement with Turkey on the Nordic countries’..

Oil up on lower U.S. crude stocks and dollar, OPEC+ and China concerns limit gains

Oil up on lower U.S. crude stocks and dollar, OPEC+ and China concerns limit gains

By Laila Kearney and Trixie Sher Li Yap (Reuters) – Oil prices posted gains of more than 1% in Asian trade on Wednesday on falli..

Croatia, heading to enter euro zone, adopts first budget in euros

Croatia, heading to enter euro zone, adopts first budget in euros

SARAJEVO (Reuters) – Croatia, which will enter the euro zone on Jan. 1, passed its first budget in euros on Tuesday, targeting a..

Dollar near one-week high as traders prepare for Powell, payrolls tests

Dollar near one-week high as traders prepare for Powell, payrolls tests

By Kevin Buckland TOKYO (Reuters) – The U.S. dollar stuck close to a one-week high on Wednesday, holding on to gains from a thre..

Exclusive-Kazakh McDonald’s shut outlets temporarily after halting supplies from Russia – sources

Exclusive-Kazakh McDonald’s shut outlets temporarily after halting supplies from Russia – sources

By Mariya Gordeyeva ALMATY (Reuters) – McDonald’s licensee in Kazakhstan was forced to temporarily close its restaurants t..