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Market news

Fed tries to make up for lost decades with real-time payments system

20/07/2023 13:07 - US central bank makes first significant upgrade to antiquated financial plumbing since 1970s ...

Premier Foods says no more price rises planned this year

20/07/2023 12:07 - Maker of Mr Kipling cakes joins other groups indicating food price inflation has moderated ...

Stocks slip as tech earnings disappoint

20/07/2023 10:07 - European shares and Wall Street futures dip ahead of key central bank meetings ...

Suddenly, everyone loves the rally

20/07/2023 8:07 - For the first time in nearly two years, real bullishness ...

China imports record volumes of Russian oil in first half of 2023

20/07/2023 8:07 - World’s second-largest economy is stockpiling cheaper crude despite slowing growth ...

FirstFT: Biggest US banks spend more than $1bn on severance costs

20/07/2023 7:07 - Also in today’s newsletter, investors shun Chinese equities for other Asian markets and Netflix’s password crackdown pays off ...

EY expects more failing grades from US audit inspectors

20/07/2023 7:07 - Big Four firm’s initial estimates show jump in deficiencies found in work by overseas auditors ...

AI in investment and financial services

20/07/2023 7:07 - Technology can improve customer service, ID checks and fraud prevention but concerns remain over decision making and impersonation ...

EU trade chief warns US over compromise on steel dispute

20/07/2023 7:07 - Valdis Dombrovskis hopeful of breakthrough in talks but will not back any US proposal that flouts global trade standards ...

State Street’s ETF back-office dominance is a ‘potential concern’

20/07/2023 7:07 - The bank acts as custodian for more than two-thirds of European ETF assets, Refinitiv Lipper data shows ...


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