Analysis: Easing COVID-19 rules, growth focus aid China bulls’ cautious return

A woman walks by an electronic display showing the Shenzhen and Hang Seng stock indexes, in Shanghai, China, September 24, 2021. REUTERS / Aly Song Register now for FREE unlimited access to Reuters.com Register June draws China stocks’ best foreign inflows for 2022 Onshore markets bounce 20% from lows; hedge funds pare losses Broad policy … Read more

S&P 500 limps to slightly lower close as quarter-end looms

US economy contracted in Q1; consumer spending revised lower General Mills rises as sales beat on higher prices Bed Bath & Beyond replaces CEO, shares tumble Dow up 0.27%, S&P down 0.07%, Nasdaq off 0.03% NEW YORK, June 29 (Reuters) – The S&P 500 ended a seesaw session slightly down on Wednesday as investors staggered … Read more

Analysis: Markets challenge Fed timeline, threatening more swings in Treasuries

A trader works, as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, US May 4, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 29 (Reuters) – Bond traders … Read more

Explainer: How a massive options trade by a JP Morgan fund can move markets

NEW YORK, June 28 (Reuters) – A nearly $ 17 billion JP Morgan fund is expected to reset its options positions on Thursday, potentially adding to equity volatility at the end of a dismal first half for stocks. Analysts say the JPMorgan Hedged Equity Fund’s reset roiled markets in the closing hours of the last … Read more

Cryptoverse: Ether holds its breath for the lean, mean ‘merge’

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS / Dado Ruvic / File Photo Register now for FREE unlimited access to Reuters.com Register June 28 (Reuters) – Investors in ether and its troubled twin stETH are nervously anticipating a … Read more

Bankman-Fried’s FTX says no talks to acquire Robinhood

The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company’s IPO in New York City, US, July 29, 2021. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register June 27 (Reuters) – Sam Bankman-Fried’s FTX crypto exchange said it is not in talks … Read more

Credit Suisse found guilty in cocaine cash laundering case

Credit Suisse first major Swiss bank to face criminal trial Former banks found guilty of qualified money laundering Bank plans to appeal BELLINZONA, Switzerland, June 27 (Reuters) – Credit Suisse (CSGN.S) was convicted by Switzerland’s Federal Criminal Court on Monday of failing to prevent money-laundering by a Bulgarian cocaine trafficking gang in the country’s first … Read more

Credit Suisse faces verdict in cocaine-cash trial

The logo of Swiss bank Credit Suisse is seen at its headquarters at the Paradeplatz square in Zurich, Switzerland October 1, 2019. REUTERS / Arnd Wiegmann / File Photo Register now for FREE unlimited access to Reuters.com Register ZURICH, June 27 (Reuters) – Swiss judges are set to rule on Monday whether Credit Suisse (CSGN.S) … Read more

Factbox: Companies offering abortion travel benefits to US workers

June 25 (Reuters) – A growing number of companies, including JPMorgan Chase & Co (JPM.N), Amazon.com Inc (AMZN.O), Tesla Inc (TSLA.O), and Walt Disney Co (DIS.N) are rolling out policies to offer benefits to US employees who may need to access abortion services. The U.S. Supreme Court on Friday took the dramatic step of overturning … Read more

US tech companies yank job offers, leaving college grads scrambling

June 22 (Reuters) – One by one, over the last week of May, Twitter Inc (TWTR.N) rang up some members of its incoming class of new hires who had recently graduated from college and revoked the job offers in 15-minute calls, according to some of the recipients. “It was traumatic,” Iris Guo, an incoming associate … Read more