Business

HSBC to take $1.1 billion hit after Luxembourg court ruling in Madoff case

HSBC to take $1.1 billion hit after Luxembourg court ruling in Madoff case

(Corrects to say HSBC has already suspended share buybacks, not dividends payments, in paragraph 10) By Rishav Chatterjee and Selena…

October 27, 2025

Amazon to invest $1.6 billion in Dutch operation

AMSTERDAM (Reuters) -Amazon plans to invest 1.4 billion euros ($1.63 billion) in the Netherlands over the next three years, the…

October 27, 2025

Trump says new Fed chair decision might be made by year-end

AIR FORCE ONE/TOKYO (Reuters) -U.S. President Donald Trump said a decision on the next Federal Reserve chair might be made…

October 27, 2025

World's first yen-pegged stablecoin debuts in Japan

By Leika Kihara TOKYO (Reuters) -The world's first stablecoin pegged to the yen launched in Japan on Monday, a small…

October 27, 2025

Dutch online bank Bunq gets US broker-dealer licence

(Reuters) -Dutch online bank Bunq said on Monday that it had received a licence to operate as a broker-dealer in…

October 27, 2025

Asian stocks soar to record peak on trade deal optimism

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks surged while gold and bonds retreated on Monday as signs of easing trade…

October 27, 2025

Robot dogs and AI drone swarms: How China could use DeepSeek for an era of war

(Refiles story to correct formatting, tweak to bullets) By Eduardo Baptista and Fanny Potkin BEIJING/SINGAPORE (Reuters) -China's state-owned defense giant…

October 27, 2025

Trump heads to Tokyo for trade, security talks before Xi summit

By John Geddie, Tim Kelly and Trevor Hunnicutt TOKYO/KUALA LUMPUR (Reuters) -U.S. President Donald Trump departed for Tokyo on Monday,…

October 27, 2025

Dollar hits two-week high against yen as trade talks, Fed meeting loom

By Rocky Swift TOKYO (Reuters) -The U.S. dollar rose to a more-than-two-week high against the yen on Monday at the…

October 27, 2025

Morning Bid: Trade deal hope spurs risk rally

A look at the day ahead in European and global markets from Ankur Banerjee The mere prospect of a U.S.-China…

October 27, 2025