Economy

Hedge funds set to mark worst returns in 14 years

Global hedge funds are set to register their worst returns in 14 years in 2022 after aggressive U.S. interest rate rises hit asset prices...

Euro zone business lending growth slows sharply in November

Bank lending to euro zone companies slowed in November, easing back from the sector's biggest borrowing binge in over a decade as rising interest...

Stocks and commodities jump as China drops quarantine rule

Stock markets gained on Tuesday after China said it would scrap its COVID-19 quarantine rule for inbound travellers - a major step in reopening its borders. MSCI's...

Rouble tumbles to near eight-month low vs dollar

The rouble slumped to its weakest since late April past 72 against the dollar on Thursday as fears over the impact of sanctions on...

Dollar slips as markets bounce, Japan policy shift talk lifts yen

The U.S. dollar slipped on Monday as a pick-up in market sentiment drove stocks and riskier currencies higher, while the yen gained on reports...

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