IMF and Moody’s censure UK policy that sparked market turmoil

IMF does ‘not recommend’ policies like UK growth plan Moody’s: economic plan is ‘growth negative’ Pound trading down 0.5% to $1.0681 Bond strategists warn market almost untradeable LONDON, Sept 28 (Reuters) – The International Monetary Fund and ratings agency Moody’s ramped up pressure on Britain to reverse a new economic strategy that was roiling financial … Read more

Iran says the US is trying to use unrest to weaken the country

Calls for teachers and students to strike Germany summons Iranian ambassador Unverified videos contain sounds, images of shooting DUBAI, Sept 26 (Reuters) – Iran faced more international criticism on Monday over the death of a woman in police custody that triggered nationwide protests after Tehran accused the United States of using the unrest to try … Read more

Fed officials stare down market volatility, say inflation remains paramount focus

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 26 (Reuters) – US Federal Reserve officials on Monday sloughed off rising volatility in global markets, from slumping US stocks to currency turbulence abroad, and said their priority remained controlling domestic inflation. Asked at a Washington Post event whether he felt US investors had … Read more

Hong Kong will scrap COVID hotel quarantine from Sept. 26

Register now for FREE unlimited access to Reuters.com Register HONG KONG, Sept 23 (Reuters) – Hong Kong will scrap its controversial COVID-19 hotel quarantine policy for all arrivals from Sept. 26, more than 2.5 years after it was first implemented, in a long-awaited move for many residents and businesses in the financial hub. All international … Read more

Stocks tumble, dollar soars and bonds plunge as recession fears grow

Dow poised to confirm bear market MSCI All-World index hits 2-year low Dollar reaches new two-decade high Sterling and gilts sell off after UK ‘mini-budget’ NEW YORK/LONDON, Sept 23 (Reuters) – US and European stocks tumbled on Friday, the dollar scaled a 22-year high and bonds sold off again as fears grew that a central … Read more

Japan intervenes to stop yen slide, after BOJ keeps rates super low

BOJ keeps ultra-low rates, dovish policy guidance Japan’s FX diplomat said he took ‘decisive’ action Confirmation of intervention sends dollar sliding over 2% Analysts doubt whether Tokyo can keep propping up the yen Bank of Canada says did not help BOJ TOKYO, Sept 22 (Reuters) – Japan intervened in the foreign exchange market on Thursday … Read more

Iran’s Revolutionary Guards issue warning as protests over woman’s death spread

Register now for FREE unlimited access to Reuters.com Register Revolutionary Guards issue warning over unrest Reports of security forces coming under attack Kurdish woman did after detention by morality police The Iranian government has pledged an inquiry into her death DUBAI, Sept 22 (Reuters) – Iran’s powerful Revolutionary Guards called on the Islamic Republic’s judiciary … Read more

US appeals court says Trump criminal probe can resume classified records review

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 21 (Reuters) – The US Justice Department can resume reviewing classified records seized by the FBI from former President Donald Trump’s Florida home pending appeal, a federal appellate court ruled on Wednesday, giving a boost to the criminal investigation into whether the records were … Read more

Iran protests spread, death toll rises even internet curbed

Unrest has swept Iran since a young woman died in custody At least eight people have been killed Access curbed to Instagram, WhatsApp, internet partially cut Social media video shows protests spreading across Iran DUBAI, Sept 21 (Reuters) – Iranian authorities and a Kurdish rights group reported rising death tolls on Wednesday as anger at … Read more