Edition:
International

Tom Wilson

Stocks set record highs as bond yields slide

Jun 11 2021

NEW YORK/LONDON (Reuters) -European shares, the S&P 500 and an index of global stock performance scaled new peaks while yields on U.S., Japanese and European government debt fell on Friday as investors embraced the easy monetary policies of major central banks.

GLOBAL MARKETS-Stocks hover near record highs as bond yields slide

Jun 11 2021

NEW YORK/LONDON, June 11 European shares and an index of global stock performance scaled new peaks while yields on U.S., Japanese and European government debt fell on Friday as investors embraced the easy monetary policies of major central banks.

Analysis: Remittance firms slow to add bitcoin, despite El Salvador move

Jun 11 2021

LONDON El Salvador may be touting bitcoin's use to help its citizens living abroad send funds back home, but the biggest remittance firms are cautious about offering cryptocurrency services.

GLOBAL MARKETS-Stocks hover near record highs as bond yields slide

Jun 11 2021

NEW YORK/LONDON, June 11 The dollar rose and key U.S., European and global stock indexes hovered near record highs on Friday as investors embraced the easy monetary policies of major central banks and their message that rising inflation will be transitory.

El Salvador's bitcoin push: What does it mean for cryptocurrency?

Jun 11 2021

LONDON El Salvador has become the first country in the world to adopt bitcoin as legal tender, with President Nayib Bukele touting its use for its potential to help Salvadorans living abroad to send remittances back home. | Video

GLOBAL MARKETS-Easing inflation fears and dovish ECB push shares up, bond yields down

Jun 11 2021

LONDON, June 11 European shares scaled their latest record high and bond yields fell from the United States to the euro zone on Friday as investors shrugged off rising U.S. consumer prices and welcomed signs central banks will stick to loose policy, despite lingering concerns about longer-term inflation.

GLOBAL MARKETS-European shares hit record high, bond yields fall as inflation fears ease

Jun 11 2021

LONDON/SHANGHAI, June 11 Shares gained on Friday and bond yields fell from the United States to Europe as investors shrugged off rising U.S. consumer prices, even as fears of longer-term inflation lingered.

Bank regulators plot toughest capital rule for bitcoin

Jun 10 2021

LONDON (Reuters) -Banks must set aside enough capital to cover losses on any bitcoin holdings in full, global regulators proposed on Thursday, in a "conservative" step that could prevent widescale use of the cryptocurrency by big lenders.

World News

G7 rivals China with grand infrastructure plan

The Group of Seven richest democracies sought on Saturday to counter China's growing influence by offering developing nations an infrastructure plan that could rival President Xi Jinping's multi-trillion-dollar Belt and Road initiative.