56+ min ago   (241+ words) NEW YORK, Sept 14 (Reuters) – Bank of America expects its investment banking fees to drop by at least 10% in the third quarter, ​while sales and trading revenue will be ‌flat, CEO Brian Moynihan said on Monday. Shares of BofA extended losses…...

11+ hour, 50+ min ago   (336+ words) FRANKFURT, Sept 14 (Reuters) – Euro zone inflation could turn out higher than already elevated projections and the development of natural gas and power prices is becoming a key concern, European ​Central Bank policymaker Peter Kazimir said on Monday. The ECB ‌raised…...

15+ hour, 21+ min ago   (573+ words) A look at the day ahead in European and global markets from Wayne Cole. Brent is back above $107 a barrel as the Houthis close in on the Bab el-Mandeb, the other key channel for oil exports coming out of the…...

15+ hour, 34+ min ago   (298+ words) SINGAPORE, Sept 14 (Reuters) – Commodity vessel transits through the Strait of Hormuz fell to a single digit per day at the weekend, preliminary shiptracking data showed on ​Monday, well below a 10-day average of 14. Over ‌the weekend, four vessels exited the…...

17+ hour, 7+ min ago   (186+ words) SEOUL, Sept 14 (Reuters) – Samsung Electronics and SK Hynix have rejected a proposal by Korea Electric Power ​Corp to make a 25 ‌trillion won ($18.7 billion) upfront payment to support power supplies for planned semiconductor mega clusters, according to a document submitted to…...

17+ hour, 5+ min ago   (138+ words) Sept 13 (Reuters) - Goldman Sachs now expects ​the U.S. ‌Federal Reserve to raise interest rates by 25 ‌basis ​points ⁠at its ⁠September policy meeting, reversing its previous forecast for ​rates to remain ⁠unchanged. The Wall ⁠Street bank ​said in ​a... Sept 13 (Reuters)…...

19+ hour, 25+ min ago   (641+ words) SINGAPORE, Sept 14 (Reuters) – The dollar was steady on Monday, with the yen holding on to its recent sharp gains and hovering near a seven-month high as investors pondered possible rate hikes from the Federal Reserve and Bank of Japan in…...

21+ hour, 8+ min ago   (139+ words) Sept 14 (Reuters) – China’s Ligent Technologies is looking to raise HK$5.67 billion ($723.02 ​million) through an initial ‌public offering in Hong Kong, according to a filing with the exchange on Monday. The ‌optical ​communications equipment maker ⁠is offering 172 ⁠million shares at an…...

1+ day, 5+ hour ago   (447+ words) TILATHI KOILADI, Nepal, Sept 13 (Reuters) – After nine days trapped in a hydropower tunnel and a week of hospital care following his dramatic rescue, Sanjay Sah, a rare survivor of last month’s devastating glacier collapse in Nepal, ​finally returned to his…...

1+ day, 8+ hour ago   (296+ words) HONG KONG, Sept 13 (Reuters) – Beijing-based artificial intelligence company Z.AI Co Ltd raised a total of $5 billion from a Hong Kong share placement of ​about $2 billion and a concurrent convertible bond sale ‌of about $3 billion, the company said in a…...