Forex News

By Allison Lampert and Jonathan Stempel NEW YORK (Reuters) – A New York state judge on Friday rejected an attempt by Bombardier Inc to dismiss a lawsuit by a group of hedge funds that accused the business jet maker of short-changing them by selling new debt

(Reuters) – Bitcoin surged 9.2% to $27,359 at 2207 GMT on Friday, adding $2,309 to its previous close.

By Stella Qiu SYDNEY (Reuters) – Asian markets extended a risk rally on Wall Street on Friday to end a tumultuous week that saw a brewing banking crisis send bond yields plunging while market participants sharply lowered expectations of future interest rate hikes in Western economies.

BRASILIA (Reuters) – Brazil’s President Luiz Inacio Lula da Silva will visit China this month accompanied by a delegation of 240 business representatives, including 90 from agriculture sector, a senior Foreign Ministry official said on Friday.

By Rae Wee SINGAPORE (Reuters) – The dollar slipped on Friday as risk sentiment improved after authorities and banks moved to ease stress on the financial system in major markets, taking heat off other major currencies that tumbled earlier in the week in the wake of

MERIDA, Mexico (Reuters) – Mexico’s government is “satisfied” with the sale process of Citigroup’s Mexican retail bank Citibanamex, Finance Minister Rogelio Ramirez de la O said on Friday, adding that the bank is now in the due diligence process with potential buyers.

By Dhara Ranasinghe, Yoruk Bahceli and Davide Barbuscia

By Nell Mackenzie, Carolina Mandl and Summer Zhen

By Nell Mackenzie LONDON (Reuters) – Credit Suisse saw more than $450 million in net outflows from its U.S. and European managed funds from March 13 to 15, Morningstar Direct said on Friday, as retail and institutional counterparties pulled money out of funds managed by

A look at the day ahead in U.S. and global markets from Mike Dolan

LONDON (Reuters) – The British public’s expectations for inflation have fallen, the Bank of England said in a survey it published on Friday ahead of its decision next week on whether to raise interest rates for the 11th meeting in a row.

BANGKOK (Reuters) – Thailand’s gradual, measured policy normalisation is still an appropriate approach, as the economy continues to recover on the back of increased tourism and domestic spending, the central bank said.

(Reuters) – The U.S. Federal Reserve meets after global banking turmoil has left deep scars on financial markets – with the risk of more to come.

MANILA (Reuters) – The Philippine central bank said on Friday it expects a current account deficit of $17.1 billion for 2023, equivalent to 4% of gross domestic product, taking into account subdued global and domestic economic activity.

A look at the day ahead in European and global markets from Anshuman Daga

MANILA (Reuters) – The Philippine central bank said on Friday that the local banking system remains safe and sound, amid concerns over the potential for contagion stemming from banking turmoil affecting some overseas lenders.

(Reuters) – New Zealand’s central bank said on Friday all banks in the country were currently operating above its minimum regulatory requirements and that it was closely monitoring the turmoil in global financial markets.

By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s government is closely coordinating with the Bank of Japan and financial authorities overseas to prevent fallout from the crisis of confidence engulfing banks in the West, Finance Minister Shunichi Suzuki said on Friday.

MERIDA, Mexico (Reuters) – Bank of Mexico Governor Victoria Rodriguez vouched for the country’s banking system on Thursday, calling it robust and sufficiently liquid, just days after banking woes struck lenders abroad, sparking fears of wider contagion.

By Tom Westbrook and David Lawder (Reuters) – Credit Suisse on Thursday said it was taking “decisive action” to strengthen its liquidity by borrowing up to $54 billion from the Swiss central bank after a slump in its shares intensified fears about a broader bank deposit