Edition:
United Kingdom

Chris Prentice

GLOBAL MARKETS-Asia shares set to fall as Sino-U.S. strains hit confidence

22 May 2020

WASHINGTON, May 21 Asian shares were set for another retreat on Friday as U.S.-China tensions curbed investor risk appetite and caused global equity markets to stumble.

U.S. banking regulator Otting to exit, his deputy to serve as acting chief

21 May 2020

WASHINGTON Joseph Otting, the head of a top U.S. banking regulator and former CEO of California's OneWest Bank , is stepping down from his government post after two and a half years, he announced on Thursday.

Traders Beware: U.S. taps new tools to find fraud in volatile commodities market

21 May 2020

WASHINGTON When the U.S. Department of Justice charged a handful of JP Morgan Chase & Co traders in 2018 and 2019 with alleged commodities futures manipulation, it wasn't the first time the government had probed the bank's metals trading activities.

GLOBAL MARKETS-Asia shares tread lightly, await China policy meeting

21 May 2020

TOKYO/WASHINGTON, May 21 Asian shares and Wall Street futures stepped back on Thursday as resurgent concerns about the long-term impact of the coronavirus outbreak offset some of this week's earlier enthusiasm about economies re-opening.

GLOBAL MARKETS-Asia shares temper rally, await China policy meeting

21 May 2020

TOKYO/WASHINGTON, May 21 Asian shares stepped back slightly and U.S. stock futures fell on Thursday as lingering caution about the long-term impact of the coronavirus outbreak offset some of this week's enthusiasm over re-opening of economies.

GLOBAL MARKETS-Asia shares set for early gains as focus swings to recovery

21 May 2020

WASHINGTON, May 20 Asian shares were poised to open higher on Thursday after global equities and crude prices rallied overnight on hopes of a rapid economic recovery and government support.

U.S. regulator changes penalty guidelines as it pursues more sophisticated misconduct

20 May 2020

WASHINGTON The U.S. derivatives regulator is updating how it assesses penalties for the first time in decades as it pursues more sophisticated forms of misconduct, including fraud, futures manipulation, and rate-rigging, it said on Wednesday.

GLOBAL MARKETS-Stocks adrift as vaccine rally falters

20 May 2020

WASHINGTON, May 20 Asian stocks struggled to extend the week's rally on Wednesday and gold and bonds firmed as a sceptical press report dented some hopes for a COVID-19 vaccine and concerns about bumps in the global recovery from the pandemic returned.

GLOBAL MARKETS-Asia stocks under pressure as vaccine rally falters

20 May 2020

WASHINGTON, May 19 Asia stocks are likely to come under pressure on Wednesday, tracking declines on Wall Street while gold prices were buoyed by safe-haven demand as economic indicators pointed to more signs of recession.

Asia shares set to follow Wall Street rally on vaccine hopes

19 May 2020

WASHINGTON Asian shares were set to rise on Tuesday after data from an early-stage trial for a coronavirus vaccine lifted hopes for a near-term economic recovery, sending global equity markets and oil prices surging.

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