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Economy

US 10-year yields drop to 2-week low as bonds rally on Bessent pick

By Stefano Rebaudo and Tom Westbrook (Reuters) – U.S. Treasuries rallied on Monday as investors cheered the selection of Scott Bessent as…
Economy

Slackening demand likely weighed on India’s GDP growth in September quarter: Reuters poll

By Vivek Mishra BENGALURU (Reuters) – India’s economy likely grew at its slowest pace in one-and-a-half years in the three months to…
Economy

Trump’s big tax-cut plans could be slowed by a wary bond market

By David Lawder and David Morgan WASHINGTON (Reuters) – Donald Trump’s Republicans are promising to hit the gas next year when they…
Economy

Five key charts for the new Treasury secretary to watch

(Reuters) – Donald Trump on Friday said he would nominate Scott Bessent to be the 79th U.S. Treasury secretary and frontman for…
Economy

Sri Lanka’s central bank likely to resume rate cuts to foster growth: Reuters poll

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is expected to renew easing of interest rates on Wednesday, with a…
Stock

Fade any rebound in the euro or European equities, BCA says

Investing.com — Investors should “fade any rebound in the euro” or European equities relative to their US counterparts, BCA Research said in…
Stock

Air taxi firm Vertical says Mudrick to convert some notes to equity, extend repayment deadline

By Abhijith Ganapavaram (Reuters) -UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert half of its outstanding…
Stock

European markets mostly higher; Trump’s Treasury pick, German Ifoin spotlight

Investing.com — European stocks mostly edged higher Monday, with global market sentiment helped by President-elect Donald Trump’s nomination as Treasury Secretary, but…
Stock

TD Bank prepares to hire compliance monitors as US CEO reassures staff

By Nivedita Balu TORONTO (Reuters) – TD Bank is preparing to install U.S. government-ordered monitors and has moved to reassure employees that…
Stock

Corning offers to waive exclusive deals in EU antitrust probe, may stave off fine

By Foo Yun Chee and Bart H. Meijer BRUSSELS (Reuters) -Glass maker Corning (NYSE:GLW) has offered to scrap all exclusive clauses in…
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