China's central bank said on Saturday it had signed an agreement with the Bank for International Settlements to establish a Renminbi Liquidity Arrangement that will provide support to participating central banks in times of market fluctuations.
Deutsche Bank AG is updating its U.S. healthcare policy to cover travel costs for any medical procedure, including abortion, that is not offered within 100 miles of an employees' home, according to a source familiar.
Emerging market shares rose on Friday as
investors started to scale back bets on the extent of monetary
policy tightening by major central banks, helping a gauge of
stocks erase losses for the week.
* Japan's economy picking up but uncertainty high -dep gov Amamiya. * Amamiya repeats BOJ's pledge to keep ultra-easy policy. * Short-term funding strains have subsided - Amamiya. * Focus on fate of relief scheme for small firms expiring in Sept. By Leika Kihara.
* May nationwide core CPI up 2.1%, matching f'cast. * Core-core CPI up 0.8% in sign of broadening price rises. * Food prices, excluding fresh food, up at fastest pace since 2015. * Business-to-business service prices up 1.8% yr/yr in May. By Kantaro Komiya and Leika Kihara.
* May nationwide core CPI up 2.1%, matching f'cast. * Core-core CPI up 0.8% in sign of broadening price rises. * Data to complicate BOJ's view on keeping policy loose. By Kantaro Komiya and Leika Kihara.
The Federal Reserve's commitment to reining in 40-year-high inflation is "unconditional," U.S. central bank chief Jerome Powell told lawmakers on Thursday, even as he acknowledged that sharply higher interest rates may push up unemployment.
- The Federal Reserve's commitment to reining in 40-year-high inflation is "unconditional," U.S. central bank chief Jerome Powell told lawmakers on Thursday, even as he acknowledged that sharply higher interest rates may push up unemployment.
Brazil's antitrust watchdog has given an investment fund managed by Canada's Brookfield
Asset Management (BAM) the greenlight to purchase assets from rental car companies Localiza and Unidas, the firms said on Wednesday.
JPMorgan Chase & Co (JPM) is laying off hundreds of employees in its home-lending business and reassigning hundreds more this week, Bloomberg News reported https://bloom.bg/3OfO6z4 on Wednesday, citing people familiar with the matter. A spokesperson for the bank did not immediately respond to a Reuters request for comment.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
Line of Credit Log In Required