Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

European IPOs surge, doubling proceeds in 2024- report

LONDON – The European preliminary public providing (IPO) market has skilled a big rebound in 2024, with proceeds greater than doubling in comparison with the earlier 12 months, pushed by improved macroeconomic circumstances and decisive election leads to the area.…

Greenback reigns with the assist of upper yields

SINGAPORE (Reuters) – The Japanese yen traded round five-month lows on Monday in opposition to a greenback underpinned by rising U.S. yields as skinny year-end liquidity saved most currencies in tight ranges. The yen was altering fingers at 157.71 with…

Asia shares dip as excessive yields check valuations

By Wayne Cole SYDNEY (Reuters) – Asian shares edged decrease on Monday as excessive Treasury yields challenged lofty Wall Avenue fairness valuations whereas underpinning the U.S. greenback close to multi-month peaks. Volumes had been mild with the New Yr vacation…