Town Hall News

(Reuters) -China’s President Xi Jinping left Russia on Wednesday after a grandiose display of solidarity with President Vladimir Putin against the West, that ended with the two autocrats pledging to work together to shape a new world order. During his two-day visit Xi barely mentioned the Ukraine conflict and said on Tuesday in final remarks that China had an “impartial position”. There was no sign that Xi’s efforts to play […]

(Reuters) -China’s President Xi Jinping left Russia on Wednesday after a grandiose display of solidarity with President Vladimir Putin against the West, that ended with the two autocrats pledging to work together to shape a new world order. During his two-day visit Xi barely mentioned the Ukraine conflict and said on Tuesday in final remarks that China had an “impartial position”. There was no sign that Xi’s efforts to play […]

(Reuters) -China’s President Xi Jinping left Russia on Wednesday after a grandiose display of solidarity with President Vladimir Putin against the West, that ended with the two autocrats pledging to work together to shape a new world order. During his two-day visit Xi barely mentioned the Ukraine conflict and said on Tuesday in final remarks that China had an “impartial position”. There was no sign that Xi’s efforts to play […]

By Yoruk Bahceli (Reuters) -Tighter financing conditions in markets sparked by banking sector turmoil may have done much of central banks’ jobs for them, boosting the case for an end to interest rate hikes soon. In less than two weeks, U.S. banking shares alone have slid over 15%, weaker companies’ borrowing costs have jumped and the risk premium on U.S. financial debt is at its highest since May 2020. Such […]

By Yoruk Bahceli (Reuters) -Tighter financing conditions in markets sparked by banking sector turmoil may have done much of central banks’ jobs for them, boosting the case for an end to interest rate hikes soon. In less than two weeks, U.S. banking shares alone have slid over 15%, weaker companies’ borrowing costs have jumped and the risk premium on U.S. financial debt is at its highest since May 2020. Such […]

A look at the day ahead in European and global markets from Ankur Banerjee With about 12 hours still to go before the Fed announces its policy decision, investors are attempting a bit of a risk-on rally. Comments from U.S. Treasury Secretary Janet Yellen, who told bankers that she was prepared to intervene to protect depositors in smaller banks, have helped calm some of the market’s nerves, even as a […]

A look at the day ahead in European and global markets from Ankur Banerjee With about 12 hours still to go before the Fed announces its policy decision, investors are attempting a bit of a risk-on rally. Comments from U.S. Treasury Secretary Janet Yellen, who told bankers that she was prepared to intervene to protect depositors in smaller banks, have helped calm some of the market’s nerves, even as a […]

Shai Gilgeous-Alexander scored 31 points against his former team and Jalen Williams added 20 as the Oklahoma City Thunder continued to solidify their playoff standing Tuesday with a 101-100 victory over the host Los Angeles Clippers. Josh Giddey scored 13 points and Isaiah Joe added 12 as the Thunder won for the eighth time in their past 10 games. Kawhi Leonard scored 21 points and Paul George added 18 against […]

Shai Gilgeous-Alexander scored 31 points against his former team and Jalen Williams added 20 as the Oklahoma City Thunder continued to solidify their playoff standing Tuesday with a 101-100 victory over the host Los Angeles Clippers. Josh Giddey scored 13 points and Isaiah Joe added 12 as the Thunder won for the eighth time in their past 10 games. Kawhi Leonard scored 21 points and Paul George added 18 against […]