LONDON Global investors cut their UK equity and bond exposure in August in the wake of Britain's vote to leave the European Union and sought out higher-yielding emerging markets in reaction to Western central banks' loose monetary policies.
LONDON British investors continued to dump UK stocks and bonds in the wake of June's Brexit vote, slashing equity holdings to their lowest in a year and exposure to gilts to five-year lows, a Reuters asset allocation poll showed on Wednesday.
LONDON You may reasonably wonder just what sort of political upheaval it takes to upset financial markets these days.
BRUSSELS The European Union grinds back into action this week after its August break, still dazed by Britain's midsummer vote to quit the EU and facing much the same "polycrisis" as a year ago: a mass of refugees, a fragile economy, hostile Russians and, yes, those Brits, now more awkward than ever.
NEW YORK When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency.
JACKSON HOLE, Wyo. Schooled in economic thinking that confines monetary policy to the short run, central bankers gathering in Jackson Hole, Wyoming, are grappling with a singular change: whether they can take over as guardians of long-term growth with programs that may stay in place and influence markets for decades to come.
SAN FRANCISCO Chinese powerhouse Didi Chuxing's acquisition of Uber Technologies Inc's China operations marked the biggest move yet toward consolidation in an industry that many investors and Silicon Valley pundits view as a winner-take-all game.
JACKSON HOLE, WyomingWhile markets wait for Janet Yellen's latest message about the direction of monetary policy, the Federal Reserve chief and her colleagues already have one for politicians: the U.S. economy needs more public spending to shift into higher gear.
LONDON The longest-dated UK government index-linked gilt has been the best performing government bond of 2016 as investors scramble to buy inflation protection in the wake of Britain's shock decision to leave the European Union.
WASHINGTON Federal Reserve Chair Janet Yellen may struggle later this week to convince financial markets she can steer a divided U.S. central bank to raise interest rates at least once in 2016 after it started the year with four hikes on its radar.
Europe Market Reports
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Asia/Pacific Market Reports
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