China Aims To Slow Yuan’s Rise But Likely To Avoid Drastic Steps – Policy Sources
China is likely to lean on incremental steps to slow the yuan’s gains to deter speculators and help its exporters,…
Category: World
Analysis: Japan’s Yen Set To Suffer A While Longer As BOJ Baulks At Tapering
The developed world’s most dovish central bank and companies keen to put cash to work overseas have combined to make…
Dollar Gains As Strong Run Of Data Turns All Eyes To Payrolls
The dollar was perched at multi-week highs on Friday, after notching up its biggest gains in about a month following…
U.S. investment bank names 5 stocks on its ‘strongest conviction’ list
U.S. investment bank Stifel has added several companies to its list of “strongest conviction” global investment ideas. Stifel updated its list of…
Santoli’s Thursday notes: AMC is now about crowd psychology and pinball among the trading machines
This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.…
Key levels to watch in Lululemon stock after earnings, according to Miller Tabak
Lululemon is set to report earnings after the bell Thursday. The one-time coronavirus pandemic darling has come under pressure this year with…
Canada FX Debt-Canadian Dollar Slides As Inflation Risk Hits Sentiment
The Canadian dollar weakened to a six-day low against its U.S. counterpart on Thursday, as investors weighed inflation risk and…
Crypto Firms Failing To Meet FCA’s Money Laundering Regulations
The U.K. markets regulator says significant numbers of crypto firms are withdrawing applications to register with the watchdog after struggling…
Dollar Ticks Up Ahead Of U.S. Payrolls
The U.S. dollar rose on Thursday as traders awaited a batch of U.S. economic data that could set the tone…
These are the next Reddit stocks to watch, according to Bank of America
The meme-stock frenzy is as crazy as ever, and Bank of America is flagging the new stocks getting attention from…
Ford to expand profitable truck lineup with new small Maverick pickup
DETROIT — Ford Motor will expand its highly profitable truck lineup with a new small pickup called Maverick, the company confirmed Thursday.…
Elon Musk tweets again, sending shares of ‘Baby Shark’ investor soaring
Shares of Samsung Publishing, a major shareholder in the producer of “Baby Shark,” soared on Wednesday after a tweet by Tesla CEO Elon…
Russia’s top digital bank wants to offer crypto — but tough central bank policy stands in its way
Tinkoff, the biggest online bank in Russia, wants to offer cryptocurrency trading to its clients but says this will take…
United Airlines will buy 15 ultrafast airplanes from start-up Boom Supersonic
United Airlines is planning to turn the friendly skies into the ultrafast skies with the addition of supersonic jets. The carrier…
Russia Says It Will Remove Dollar Assets From Its Wealth Fund
Russia is cutting the U.S. dollar from its $186 billion National Wealth Fund as Washington continues to impose sanctions on Moscow. The…
China Rushes To Pull Back The Yuan From A Three-Year High
China is trying to rein in the yuan as it surges to three-year highs against the U.S. dollar. A stronger yuan…
Facebook Announces New Tools To Make It Easier For Businesses And Consumers To Communicate
Facebook on Wednesday announced a number of new developer tools, including several messaging features for businesses, at its virtual F8 software…
Microsoft to unveil new version of Windows on June 24
Microsoft said Wednesday it will unveil “the next generation of Windows” on June 24. The move comes a week after CEO…
AMC rally continues as shares jump in after-hours trading
The AMC Entertainment buying frenzy continued as shares of the movie theater chain jumped in extended trading on Wednesday. The meme stock…
Tesla faces pressure as EV competition heats up, ex-Ford CEO says
Elon Musk brought electric vehicles into the mainstream with Tesla. Now the EV company is grappling with the consequences of its…
Lira Craters To Record Low After Erdogan Orders Central Bank To Slow Inflation By Cutting Rates
By now, even the shoeshine boy knows that central banks are one-print trick pony farcical joke, one which is exposed not…
Bitcoin May Yet See ‘Breakthrough,’ Norway Finance Minister Says
The finance minister of Norway appeared to break away from the chorus of Bitcoin critics and suggested that cryptocurrencies will…
UK’s Post-Study Work Visa Targets Graduates From Nigeria, Others
Under the post-study work visa rules by the United Kingdom government, Nigerians and nationals from other countries will be allowed to stay…
China Digs Deep Into Its Currency Toolkit To Manage Yuan
As China’s central bank pulls back from direct intervention in its currency market, officials are reverting to old tools to…
The Dollar Snaps Back
Overview: The US dollar is enjoying broad, even if not large, gains today following yesterday’s recovery from three-year lows against sterling…
Bitcoin Unlikely To Dodge Regulation For Long, Sweden Says
Bitcoin and other cryptocurrencies are unlikely to escape regulatory oversight as supervisory authorities respond to the sheer popularity of the…
Analysis-China’s Banks Are Bursting With Dollars, And That’s A Worry
A mountain of dollars on deposit in China has grown so large that banks are struggling to loan the currency…
Bank Of England Expresses Unease About Jump In Housing Prices
The Bank of England indicated unease about the U.K. housing market after Nationwide Building Society said prices were growing at…
Dollar Set For Second Consecutive Monthly Loss Vs Euro And Pound
The dollar came under pressure on Monday and was heading for its second consecutive monthly loss against the euro and…
Pound Touches Three-Year High Against The Dollar
The pound reached to a three-year high against the dollar on Tuesday, boosted by thin trade that gave relatively small…