EXCLUSIVE China plans $75 billion infrastructure fund to revive economy – sources

Construction workers stand on scaffolding in front of high voltage power lines in Shanghai September 25, 2013. REUTER/Aly Song Join now for FREE unlimited access to Reuters.com Register BEIJING, July 5 (Reuters) – China will set up a public infrastructure investment fund worth 500 billion yuan ($74.69 billion) to boost infrastructure spending and kick-start a … Read more

Analysis: China casts giant shadow over emerging countries’ pursuit of debt relief

A Chinese flag flies in front of the Chinese Foreign Ministry in Beijing, China February 24, 2022. REUTERS/Carlos Garcia Rawlins Join now for FREE unlimited access to Reuters.com Register Poorest countries to pay $35 billion in debt service in 2022 – World Bank Opacity, plethora of Chinese lenders to slow debt overhaul Common G20 framework … Read more

Column: The Global Economic Cycle Begins to Slow: Kemp

An aerial view shows containers and cargo ships at the port of Qingdao in Shandong province, China May 9, 2022. China Daily via REUTERS Join now for FREE unlimited access to Reuters.com Register LONDON, June 30 (Reuters) – Global manufacturing activity and freight movements have started to slow as major economies slump under the combined … Read more

H1 markets: The almost perfect storm

MSCI global stocks fell the most in the first half since the index was created Deutsche Bank estimates worst for Treasuries since 1788 Commodity bulls lifted oil 50% and gas 60% Yen Takes Blows as Dollar Rises High LONDON, June 30 (Reuters) – Investors knew that after two years of COVID-19 chaos, 2022 would be … Read more

China’s factory and service sectors shake off 3 months of lockdown pain

A worker polishes a bicycle steel rim at a sports equipment manufacturing factory in Hangzhou, Zhejiang province, China September 2, 2019. China Daily via REUTERS Join now for FREE unlimited access to Reuters.com Register Factory in China, services PMI above 50 for the first time since February Replay seen as COVID restrictions partially ease GDP … Read more

Asian stocks lose gains made on shorter Chinese quarantine as recession fears linger

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, looks at an electronic chart displaying Japan’s Nikkei Index outside a brokerage in Tokyo, Japan, on 7 March 2022. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Reuters.com Register TOKYO, June 29 (Reuters) – Asian stock markets fell on Wednesday, extending Wall … Read more

Dollar retreats as markets rethink Fed rate bets, eye ECB hikes

U.S. dollar banknotes are displayed in this illustration taken February 14, 2022. REUTERS/Dado Ruvic Join now for FREE unlimited access to Reuters.com Register US rate hike bets reduce aggressive Fed tightening path Investors watch the annual ECB forum in Sintra Markets on the lookout for Eurozone price data later in the week WASHINGTON, June 27 … Read more

Stocks Extend Bear Market Rebound as Inflation Anxiety Eases

MILAN/TOKYO, June 27 (Reuters) – Global stocks extended their rebound on Monday, building on Wall Street’s strong close on Friday, as off-peak oil prices helped improve sentiment and temper fears of prolonged inflation. Strong morning gains in Europe and a rally in Asian markets after China further eased COVID-19 restrictions lifted MSCI’s benchmark index for … Read more

Read market tea leaves for global recession risks

A Wall Street sign in front of the New York Stock Exchange in New York, New York, U.S., October 2, 2020. REUTERS/Carlo Allegri//File Photo Join now for FREE unlimited access to Reuters.com Register LONDON, June 24 (Reuters) – The fastest rate hike cycle in decades and inflation near double digits have prompted investors to scan … Read more

Dollar stumbles as markets rethink interest rate path

U.S. dollar banknotes are displayed in this illustration taken February 14, 2022. REUTERS/Dado Ruvic Join now for FREE unlimited access to Reuters.com Register LONDON, June 24 (Reuters) – The U.S. dollar fell on Friday and was heading for its first weekly decline this month as traders cut bets on where interest rates could peak and … Read more