Winds pick up in California, threatening to stoke LA wildfires anew
(Updates story date to Jan 14 from Jan 13.) By Chad Terhune, Jorge Garcia LOS ANGELES (Reuters) -Los Angeles firefighters braced on Tuesday for intense winds that could fuel two monstrous wildfires that have already killed two dozen people, leveled entire neighborhoods
Irregular migration into EU drops sharply in 2024, EU border agency says
BRUSSELS (Reuters) – The number of migrants entering the European Union by irregualr routes dropped overall by 38% in 2024, reaching the lowest level since 2021, the EU border agency Frontex said on Tuesday. However, the number of people crossing from
Chinese central banker warns of government bond risks as yields slide
BEIJING/SHANGHAI (Reuters) – Investments in governments bonds are not risk-free, a Chinese central bank official said on Tuesday, warning of a potential market bubble and resulting turbulence if bond yields departed from economic fundamentals. Fast falling Chinese bond yields have been
Inverted swaps curve shows investors pare China rate cut bets
SHANGHAI (Reuters) – Investors are dialling back bets on near-term rate cuts in China, the derivatives market shows, as expectations grow that policymakers will refrain from easing policy when the yuan is weakening. Yuan interest rate swaps (IRS), which domestic investors
Intesa Sanpaolo makes first spot Bitcoin purchase
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