Trump win casts doubt on Fed’s plans to hike interest rates
WASHINGTON (Reuters) – Donald Trump’s victory in the U.S. presidential race throws into question the core assumption in global financial markets that the Federal Reserve will raise interest rates soon and follow with further gradual hikes over coming y…
Mexico peso tumbles as Trump wins U.S. presidency in upset
MEXICO CITY (Reuters) – The Mexican peso collapsed after Republican Donald Trump defied predictions and beat Democratic rival Hillary Clinton to take the U.S. presidency in a maverick victory that wreaked havoc in global markets on Wednesday.
Wall Street elite stunned at Trump triumph
NEW YORK (Reuters) – From plush penthouse apartments on the Upper East Side to bars in midtown Manhattan, New York’s financial community watched in stunned dismay on Wednesday as Republican Donald Trump clinched the White House.
Shares of firms controlled by Trump’s Indonesian business partner surge
JAKARTA (Reuters) – Shares of Indonesian companies controlled by Donald Trump’s hotel business partner, Indonesian tycoon Hary Tanoesoedibjo, surged on Wednesday as the Republican nominee clinched the U.S. presidency, defeating Democratic rival Hillary…
Investors see no let up to market bloodbath if Trump wins presidency
SINGAPORE (Reuters) – Investors should brace for a further slump in global stock markets, the U.S. dollar and most commodities if Republican candidate Donald Trump becomes the next U.S. president, as appeared increasingly likely on Wednesday.
Dollar spooked in Asia as U.S. polls too close to call
SYDNEY (Reuters) – The U.S. dollar sank and stock markets slammed into reverse in wild Asian trade on Wednesday as every new exit poll in the U.S. presidential election showed the race to be a nail-biter, sending investors stampeding to safe-haven asse…
Dollar edges up as markets see higher odds of Clinton win
TOKYO (Reuters) – The dollar tiptoed higher early on Wednesday, adding to overnight gains, as markets put a higher chance on Democrat Hillary Clinton winning the U.S. presidential election.
Wall Street gains as traders bet on Clinton triumph
(Reuters) – U.S. stocks rose for a second straight session on Tuesday as investors bet Democratic candidate Hillary Clinton would win the U.S. presidential election.
Wal-Mart sued over sale of fake ‘Egyptian cotton’ linen
(Reuters) – Wal-Mart Stores Inc was sued on Tuesday on behalf of consumers who said the world’s largest retailer sold products falsely labeled “100 % Egyptian Cotton” from an Indian textile company for many years after it first became suspicious of th…
U.S., Canadian dollars rise with Mexico peso as markets bet on Clinton win
NEW YORK (Reuters) – The dollar rose against the safe-haven Japanese yen and Swiss franc on Tuesday while the Mexican peso and Canadian dollar gained as investors upped their bets on a win for Democrat Hillary Clinton in the U.S. presidential election….
