Pressure
Christopher Wray Announces He Will Be Resigning as FBI Director Amid Mounting Pressure from Trump
FBI Director Christopher Wray announced on Wednesday that he was resigning -- long before the end of his 10-year term -- and just days after Republicans voiced concerns about...
Yen weakens, Japan stocks face pressure on election blow to LDP
THE yen fell to a three-month low and Japanese stocks were set to slip on Monday (Oct 28) after the Liberal Democratic Party (LDP) and its coalition partner were...
Europe: Shares muted on auto pressure, set for weekly loss
Europe’s main stock index swung between losses and gains on Friday (Oct 25), and was set for a weekly fall, with a handful of weak corporate earnings from auto-related...
Euro at three-month low, yen under pressure
THE US dollar climbed above 152 yen for the first time since late July on Wednesday (Oct 23) and pushed the euro to an over three-month low, supported by...
ASML chief sees US pressure building for more China restrictions
ASML Holding chief executive officer Christophe Fouquet expects pressure will grow from the US to further restrict sales of semiconductor technology to China, the biggest market for the Dutch...
Europe’s airlines dial up pressure in face of Chinese threat
AIR-FRANCE KLM is lobbying the French government to cap the number of flights that mainland Chinese carriers can make to Europe, according to sources familiar with the matter, in...
Surging US repo activity likely exacerbating funding pressure
A SHARP steady rise in overnight repurchase agreements is overwhelming banks that serve as middlemen for such short-term borrowings in US government securities, threatening to fuel major funding pressure...
Biggest US banks face revenue pressure in new era of rate cuts
BIG bank investors parsing through the industry’s third-quarter results this week will face something they haven’t grappled with in nearly a half-decade: the impact of Federal Reserve rate cuts.
JPMorgan...
