Morning Bid: Eye of the Storm

Register now for FREE unlimited access to Reuters.com Register A look at the day ahead of Mike Dolan’s US and global markets. As Hurricane Ian raged and set his sights on Cuba and Florida, a global financial storm calmed down the bond and currency markets moderately – though likely only temporarily. Ian strengthened to a … Read more

Home to 28,000 US troops, South Korea unlikely to avoid conflict in Taiwan

US President Joe Biden drinks ice cream as he greets US troops during his visit to the Air Operations Center at Osan Air Base in Pyeongtaek, South Korea, May 22, 2022. REUTERS/Jonathan Ernst Register now for FREE unlimited access to Reuters.com Register SEOUL, Sept. 26 (Reuters) – Tensions over Taiwan have raised the thorny issue … Read more

Russian FSB detains and expels Japanese consul for alleged espionage

Register now for FREE unlimited access to Reuters.com Register MOSCOW/TOKYO, Sept. 26 (Reuters) – The Russian security service FSB said on Monday it had detained a Japanese consul in the Russian Pacific port city of Vladivostok for alleged espionage and ordered him to leave the country, Russian news agencies said. The consul was released after … Read more

Morning Bid: Unstable Cable | Reuters

US dollar banknotes can be seen in this image, taken on June 14, 2022. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register A look at the day ahead of Mike Dolan’s US and global markets. Britain’s gamble to boost growth with unfunded tax cuts in a surge in inflation has turned into … Read more

McDonald’s raises prices in Japan on higher input costs, weaker yen

Customers are seen through the windows of a McDonald’s store (above) in Tokyo, while others queue at checkouts, July 22, 2014. REUTERS/Yuya Shino Register now for FREE unlimited access to Reuters.com Register TOKYO, Sept. 26 (Reuters) – McDonald’s fast-food restaurants in Japan will raise prices on about 60% of their offerings to customers, fueled by … Read more

In China, home buyers occupy their ‘decaying’, unfinished properties

GUILIN, China, Sept. 26 (Reuters) – For six months, the home for Ms Xu was a room in a high-rise apartment in the southern Chinese city of Guilin, which she bought three years ago, attracted by brochures touting the river view and the clean air of the city. Her living conditions, however, are far from … Read more

Sterling collapses as investors fly into dollars

Register now for FREE unlimited access to Reuters.com Register Sterling hits record low; risk of BOE reaction Euro down 1%; Aussie, Kiwi, Yuan Hits Multi-Year Low S&P 500 futures fall 0.6% SYDNEY, Sept. 26 (Reuters) – Sterling sank to a record low on Monday, sparking speculation about an emergency response from the Bank of England … Read more

Morning Bid: Asia’s FX Doomloops

Banknotes of Japanese yen and US dollar can be seen in this image, taken September 23, 2022. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register Sept. 26 (Reuters) – A look at Jamie McGeever’s day ahead of Asian markets Expect an ugly opening to Asian markets on Monday as investors try to … Read more

British Prime Minister Truss tells allies to remain steadfast in Ukraine

Prime Minister Liz Truss delivers a speech to members of the United Nations in New York during her visit to the US to attend the 77th UN General Assembly. Photo date: Wednesday, September 21, 2022. Stefan Rousseau/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register LONDON, Sept. 25 (Reuters) – British Prime … Read more

North Korea fires ballistic missile ahead of US VP Harris . visit

Register now for FREE unlimited access to Reuters.com Register SEOUL, Sept. 25 (Reuters) – North Korea fired a ballistic missile toward the sea off its eastern coast on Sunday ahead of planned military exercises by South Korean and US forces with an aircraft carrier and a visit to the region by the US Vice President … Read more