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Analysis: Bond vigilantes and the BOJ disrupt the Japanese bond market

  • Post published:June 16, 2022
  • Post category:Market
  • Reading time:10 mins read

A Japanese yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/IllustrationJoin now for FREE unlimited access to Reuters.comRegisterJGB futures slumped despite BOJ buying cash bondsBOJ…

Continue ReadingAnalysis: Bond vigilantes and the BOJ disrupt the Japanese bond market

Swiss National Bank hikes rates in shock move, ready for more

  • Post published:June 16, 2022
  • Post category:Business
  • Reading time:10 mins read

The Swiss National Bank (SNB) building is pictured in Bern, Switzerland June 16, 2022. REUTERS/Arnd WiegmannJoin now for FREE unlimited access to Reuters.comRegisterSNB raises rates for the first time since…

Continue ReadingSwiss National Bank hikes rates in shock move, ready for more

Russian gas flows to Europe plummet, hampering attempts to restock stores

  • Post published:June 16, 2022
  • Post category:Business
  • Reading time:11 mins read

A train passes oil tanks at the NNK-Primornefteproduct oil depot in the Far Eastern port of Vladivostok, Russia June 11, 2022. REUTERS/Tatiana MeelJoin now for FREE unlimited access to Reuters.comRegisterNord…

Continue ReadingRussian gas flows to Europe plummet, hampering attempts to restock stores

IKEA puts Russian factories up for sale, plans job cuts

  • Post published:June 16, 2022
  • Post category:Business
  • Reading time:8 mins read

Stores in Russia will remain closedWill seek to sell factoriesAims to reduce the workforce by 15,000 peopleIngka's 14 "MEGA" shopping centers in Russia will remain openSTOCKHOLM, June 15 (Reuters) -…

Continue ReadingIKEA puts Russian factories up for sale, plans job cuts

Analysis: Market crash exposes Europe’s divisions

  • Post published:June 16, 2022
  • Post category:Market
  • Reading time:11 mins read

Market rout highlights Europe's Achilles heelECB tries to restore confidence dampened by soaring pricesMinisters are deadlocked over a decade-old plan to support banksLONDON, June 16 (Reuters) - A market sell-off…

Continue ReadingAnalysis: Market crash exposes Europe’s divisions

Wall Street rallies to close higher after Fed statement

  • Post published:June 15, 2022
  • Post category:Business
  • Reading time:9 mins read

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 13, 2022. REUTERS/Brendan McDermid/File PhotoJoin now for FREE unlimited access to Reuters.comRegisterFed announces…

Continue ReadingWall Street rallies to close higher after Fed statement

Australia’s electricity market has come to a halt in a dramatic move to avoid blackouts

  • Post published:June 15, 2022
  • Post category:Market
  • Reading time:10 mins read

The Liddell coal-fired power station is pictured in the Hunter Valley, north of Sydney, Australia April 9, 2017. Picture taken April 9, 2017. REUTERS/Jason Reed/File PhotoJoin now for FREE unlimited…

Continue ReadingAustralia’s electricity market has come to a halt in a dramatic move to avoid blackouts

Biden asks oil companies to explain lack of gas as prices rise

  • Post published:June 15, 2022
  • Post category:Business
  • Reading time:8 mins read

Gas prices above $6.00 are advertised at a 76 station in Santa Monica, California, U.S., May 26, 2022. REUTERS/Lucy NicholsonJoin now for FREE unlimited access to Reuters.comRegisterWASHINGTON, June 15 (Reuters)…

Continue ReadingBiden asks oil companies to explain lack of gas as prices rise

ECB emergency meeting lifts Europe, Fed ready to move forward

  • Post published:June 15, 2022
  • Post category:Business
  • Reading time:12 mins read

News of emergency ECB meeting drives Italian markets higherThe market is almost fully priced for the Fed to hike 75 basis pointsEuro rally knocks dollar off 20-year high, US yields…

Continue ReadingECB emergency meeting lifts Europe, Fed ready to move forward

Founder Harold Hamm offers to privatize Continental for $25 billion

  • Post published:June 15, 2022
  • Post category:Business
  • Reading time:7 mins read

June 14 (Reuters) - Continental Resources Inc (CLR.N) said on Tuesday it had received a cash offer from billionaire-founder Harold Hamm's family trust, a deal that could privatize the U.S.…

Continue ReadingFounder Harold Hamm offers to privatize Continental for $25 billion
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