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advisor mutual funds
PIMCO stands to lose billions if Russia defaults on its debt
The offices of Pacific Investment Management Co (PIMCO) are shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake
advisor stocks
Investors struggle to trade Russian assets as sanctions hit market plumbing
The Russian central bank in Moscow, Feb. 28, 2022. The ruble cratered, the stock market froze and the public rushed to withdraw cash on Monday as Western sanctions kicked in and Russia awoke to uncertainty and fear over the rapidly spreading repercussions of President Vladimir PutinÕs invasion of Ukraine. (Sergey Ponomarev/The New York Times)
advisor mutual funds
Fund managers take shelter in cash as central bank fears shake markets
In this photo provided by the New York Stock Exchange, traders work on the floor, Tuesday, Feb. 15, 2022. Stocks rose broadly in afternoon trading on Wall Street Tuesday as investors welcomed early signs that tensions appear to be easing in Ukraine. (David L. Nemec/New York Stock Exchange via AP)
investment ideas
Historic central bank drain questions ‘buy the dip’
In this photo provided by the New York Stock Exchange, trader Peter Tuchman works on the floor, Wednesday, Feb. 9.
international business
Turkey’s Erdogan announces series of measures to encourage lira-denominated savings
(FILES) In this file photo taken on December 18, 2021, shows a resident counting Turkish lira banknote in Sultangazi district of Istanbul, after she bought bread at the Istanbul Municipality's cheap bread shop. - Turkey's troubled lira nosedived on December 20, 2021, after President Recep Tayyip Erdogan cited Muslim teachings to justify not raising interest rates to stabilise the currency. Erdogan has pushed the central bank to sharply lower borrowing costs despite the annual rate of inflation soaring to more than 20 percent. (Photo by Yasin AKGUL / AFP) (Photo by YASIN AKGUL/AFP via Getty Images)
investment ideas
After inflation, a bond supply shock may be next for markets
A man walks past the headquarters of Bank of Japan in Tokyo on May 22.
analysis
The poisoned chalice of the Fed chair job
FILE PHOTO: Federal Reserve Chair Jerome Powell listens as U.S. President Joe Biden nominates him for a second four-year term in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., November 22, 2021. REUTERS/Kevin Lamarque/File Photo
investment ideas
Bond market sees inflation spike subsiding, if not right away
Federal Reserve Chairman Jerome Powell appears on a television screen on the floor of the New York Stock Exchange, Wednesday, Nov. 3.
analysis
Fed feat extends the party for stock markets
Federal Reserve Chairman Jerome Powell appears on a television screen on the floor of the New York Stock Exchange, Wednesday, Nov. 3, 2021. The Federal Reserve will begin dialing back the extraordinary economic aid it's provided since the pandemic erupted last year, a response to high inflation that now looks likely to persist longer than it did just a few months ago. (AP Photo/Richard Drew)
analysis
Jackson Hole may have been virtual, but investor anxieties remain real
A screen shows Federal Reserve Chair Jerome Powell speak as a trader works inside a post on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 27, 2021. REUTERS/Brendan McDermid
analysis
Rising market uncertainties to test investors
FILE PHOTO: Traders wearing masks work, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. REUTERS/Brendan McDermid/File Photo
q&a
Why India is poised to lead in post-pandemic growth
Factory owner deciding on the potential to improve his factory with the engineers, ready with his pen in hand.
european business
Bank of England’s chief economist Andy Haldane to quit
FILE PHOTO: Bank of England Chief Economist Andy Haldane at an event at the Bank of England in London, April 27, 2018. REUTERS/Toby Melville/File Photo
report on business
Bank of Canada surveys show increased business, consumer optimism
A chef cooks Chinese food on a rainy fall day as the restaurant is open for curb-side pickup during the COVID-19 pandemic in Toronto on Monday, November 30, 2020. Toronto and Peel region continue to be in lockdown. THE CANADIAN PRESS/Nathan Denette
opinion
Global co-operation is back on the agenda
Kevin Lynch and Paul Deegan
u.s. business
Fed’s Patrick Harker says he wants to ‘hold steady’ until U.S. gets through pandemic
FILE - In ths April 27, 2013 file photo, University of Delaware President Patrick Harker speaks in Newark, Del. Harker has been selected to be the new president of the Federal Reserve Bank of Philadelphia. The bank’s board of directors says Patrick T. Harker, 56, will succeed Charles Plosser, who retired on March 1. Harker will take over on July 1. (AP Photo/Saquan Stimpson, File)
u.s. business
Bank of Japan’s Haruhiko Kuroda urges central banks to take steps on climate risks
FILE PHOTO: Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan July 30, 2019. REUTERS/Kim Kyung-Hoon/File Photo
european business
Europe facing difficult quarter but ECB will do its part, chief economist says
FILE PHOTO: Executive Board member of the European Central Bank Philip Lane attends the Fortune Global Forum in Paris, France, November 18, 2019. REUTERS/Gonzalo Fuentes
asia-pacific business
Bank of Japan fine-tunes massive stimulus in long drive to boost prices
FILE PHOTO: A man wearing a protective mask stands in front of the headquarters of the Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon
european business
ECB’s Christine Lagarde warns stimulus may take some time to show up
FILE PHOTO: European Central Bank President Christine Lagarde addresses European lawmakers during a plenary session at the European Parliament in Brussels, Belgium February 8, 2021. Olivier Matthys/Pool via REUTERS/File Photo/File Photo
opinion
Ottawa must double down on fiscal policy if it’s serious about inequality
Rita Trichur
asia-pacific business
Bank of Japan deputy says bond yields can move more – but not too much
Bank of Japan Deputy Governor Masayoshi Amamiya speaks during a Reuters Newsmaker event in Tokyo, Japan July 5, 2019. REUTERS/Issei Kato
u.s. business
Fed’s Powell says U.S. economy still needs support, markets not driven by loose money
(FILES) In this file photo US Federal Reserve Chairman Jerome Powell gives a press briefing after the surprise announcement the FED will cut interest rates on March 3, 2020 in Washington,DC. - Federal Reserve Chair Jerome Powell on February 23, 2021 pledged that the US central bank will keep benchmark lending rates low until the economy is at full employment and inflation has risen consistently. (Photo by Eric BARADAT / AFP) (Photo by ERIC BARADAT/AFP via Getty Images)
report on business
Purpose bitcoin ETF has record opening day of trading
A sign advertises a Bitcoin automated teller machine, ATM, at a shop in Halifax on Wednesday, February 4, 2020. THE CANADIAN PRESS/Andrew Vaughan
u.s. business
Fed minutes highlight willingness to steer past coming inflation
File Photo: The Federal Reserve Bank of Boston's President and CEO Eric S. Rosengren speaks in New York, April 17, 2013. REUTERS/Keith Bedford/File Photo
u.s. business
U.S. financial outlook mostly good, growth could outpace China, Fed’s James Bullard says
St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS/Edgar Su/Files
international business
Fed official says central bank’s asset-purchase program contributed to Reddit-fuelled stock frenzy
FILE PHOTO: Dallas Federal Reserve Bank President Robert Kaplan gestures during a news conference after of the True Economic Talks event in Mexico City, Mexico, July 14, 2017. REUTERS/Edgard Garrido
report on business
Former Bank of Canada senior deputy governor Carolyn Wilkins joins Intact’s board
Bank of Canada Senior Deputy Governor Carolyn Wilkins, who will leave her post in December, addresses the Munk School of Global Affairs in Ottawa, Ontario, Canada November 12, 2020. REUTERS/Blair Gable
report on business
Central bankers show interest in digital currencies
Photos of the signage in front of a three storey office on Spadina Ave. in Toronto, Ont. on Jan. 6, 2014. The signs have only recently gone up in the still-empty offices advertising bitcoin decentral. The website is bitcoindecentral.ca. The virtual currency, bitcoins, have been increase in popularity, and price, but it is yet to be seen of their success will be long term, or just a bubble. (Peter Power/The Globe and Mail)
inside the market
Warnings about inflation are everywhere. Here’s why investors should stay calm
Central banks’ shift toward hawkish tone could be prompted by concern over inflated asset prices.
economy
Vaccines improve outlook even as conditions worsen: Bank of Canada
(FILES) In this file photo taken on April 12, 2011, the Bank of Canada building in Ottawa. - The Bank of Canada on December 9, 2020, held its key lending rate at 0.25 percent, saying world economies were sharply rebounding from a record plunge, but warned that a second wave of Covid-19 illnesses could set back recoveries. (Photo by GEOFF ROBINS / AFP) (Photo by GEOFF ROBINS/AFP via Getty Images)
report on business
Market eyes BoC ahead of possible policy rate microcut
The Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick
asia-pacific business
‘I own this’: Governor of New Zealand’s central bank apologizes for major data breach
FILE - In this May 8, 2019, file photo, New Zealand's Reserve Bank Governor Adrian Orr speaks to the media in Wellington, New Zealand. New Zealand's central bank said, Sunday Jan. 10, 2021, that one of its data systems has been breached by an unidentified hacker who has potentially accessed commercially and personally sensitive information. (AP Photo/Nick Perry, File)
economy
BoC says hiring, investment outlook was improving heading into latest lockdowns
The Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick
asia-pacific business
People’s Bank of China to prioritize monetary-policy stability in 2021
FILE PHOTO: A man wearing a mask walks past the headquarters of the People's Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020. REUTERS/Jason Lee
european business
EU may ask too high a price for financial-services trade, BoE warns
FILE PHOTO: Chief Executive of the Financial Conduct Authority Andrew Bailey speaks at a press conference at the Bank of England in London, Britain February 25, 2019. Kirsty O'Connor/Pool via REUTERS/File Photo