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Macroeconomics

Global billionaire wealth leaps, fueled by US gains, UBS says

ZURICH (Reuters) - The wealth held by the world's billionaires jumped by about 17% over the past year, as significant gains among the super rich in the United States more than...

Malaysia says any U.S. tariffs on BRICS nations could impact semiconductor supply

KUALA LUMPUR (Reuters) - Malaysia said on Thursday any attempt by the incoming Trump administration to impose tariffs on BRICS countries for trying to create a new currency or use...

Japan PM Ishiba says no plan to revise joint BOJ statement

TOKYO (Reuters) - Japan's government has no plans to revise a joint statement with the central bank that focused on pulling the economy out of deflation, Prime Minister Shigeru...

Euro wobbles as political turmoil dents sentiment; bitcoin scales $100,000

By Ankur Banerjee SINGAPORE (Reuters) -The euro was subdued on Thursday after the widely expected collapse of the French government, stoking worries about the region's...

Rate cut bets boost stocks as bitcoin breaks $100,000

By Tom Westbrook SINGAPORE (Reuters) -Bitcoin broke $100,000 on Thursday as investors bet on a friendly regulatory shift in the U.S., while Asian stocks were firm after Wall...

South American, EU negotiators race to close divisive trade deal

By Lucinda Elliott, Lisandra Paraguassu and Anthony Boadle MONTEVIDEO/BRASILIA (Reuters) -South America's Mercosur trade bloc will meet in Uruguay on Thursday with fresh signs the...

Australia trade balance up more than expected in Oct

-- Australia’s trade balance rose more than expected in October after hitting a four-year low in the prior month, as commodity exports rose amid improving economic...

French government felled in no-confidence vote, deepening political crisis

By Elizabeth Pineau and Michel Rose PARIS (Reuters) -French lawmakers passed a no-confidence vote against the government on Wednesday, throwing the European Union's second-biggest...

FDIC looks to direct monitoring of fintech firms after Synapse collapse, Bloomberg News reports

(Reuters) - The Federal Deposit Insurance Corporation has started to directly monitor financial-technology companies that partner with banks across the U.S., Bloomberg News...

South Korea government to activate market stabilization fund after martial law attempt

SEOUL (Reuters) - South Korea's Finance Ministry said on Thursday that the government will activate 40 trillion won ($28.35 billion) worth of market stabilization fund, after...

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