[ad_1] South Korean President Moon Jae-in speaks during an irregular cabinet meeting at the Presidential Blue House in Seoul, South Korea, August 2, 2019. Yonhap via REUTERS SEOUL (Reuters) – South Korean President Moon Jae-in
Asia stocks paralyzed, bonds electrified by recession risk
[ad_1] SYDNEY (Reuters) – Asian shares braced for more volatility on Thursday as eye-catching easings by central banks stoked fears of global recession, driving U.S. yields to near-record lows and lifting gold past $1,500 for
Medina Mora, powerful Citigroup exec who battled scandals, dies at 69
![](https://www.hubtrades.com/wp-content/uploads/2019/01/rcom-default.png)
[ad_1] MEXICO CITY (Reuters) – Manuel Medina Mora, one of the most influential Mexican bankers to work on Wall Street during a long career at Citigroup Inc (C.N), has died, the bank’s Mexican unit Citibanamex
Nigeria’s new oil czar wants to open books, turn into fuel exporter
[ad_1] ABUJA (Reuters) – Nigeria’s state oil company plans to partner with a private refinery under construction on the shores of Lagos to turn the oil-producing country into a fuel supplier for the region, the
Trump says China is ‘killing us with unfair trade deals’
[ad_1] By Nandita Bose and Andrea Shalal WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday said his tough stance on China’s economic and trade policies would ultimately benefit the American economy, even as Beijing
S&P 500 erases big losses to end up; investors buy bargains, yields off lows
[ad_1] NEW YORK (Reuters) – The S&P 500 recovered from steep early losses to end slightly higher on Wednesday as investors snapped up oversold shares and bond yields rebounded from significant lows that raised fears
Rush into U.S. bonds curbs global stock markets; gold touches 6-year high
[ad_1] NEW YORK (Reuters) – Investors rushed into the safety of U.S. government bonds on Wednesday, muting a broad stocks rally as fears of a global recession grew. A trader looks at stock prices on
Former Defence Secretary Mattis rejoins General Dynamics board
[ad_1] FILE PHOTO: Secretary of Defense Jim Mattis speaks with the media before an enhanced honor cordon arrival of Greek Minister of Defense Panagiotis Kammenos at the Pentagon in Washington, U.S., October 9, 2018. REUTERS/Joshua
MMT may be Democrats’ economic cure, but only Trump got the memo
[ad_1] SETAUKET, New York (Reuters) – From her home overlooking Setauket Harbor on Long Island’s North Shore, a motorboat bobbing at the dock, Stephanie Kelton hopes to revolutionize how the U.S. government manages the economy.
U.S. banks limp away from hopes of interest margin expansion
[ad_1] NEW YORK (Reuters) – Big U.S. banks are under pressure again, as policymakers around the globe have dashed any hopes that the industry might finally be able to earn more money on loans, after