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US and World News

  • US and World News

    Swiss bank UBP returns to Chinese markets

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    By Summer Zhen HONG KONG (Reuters) – Swiss private bank Union Bancaire Privée (UBP) is back in Chinese markets, its chief investment officer said, making its way back to the …

  • US and World News

    Japan is chasing its tail on yen intervention

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    (Corrects to paraphrase paragraph 8 comments) By Vidya Ranganathan SINGAPORE (Reuters) – As the Bank of Japan steps into currency markets for the first time in decades to defend a …

  • US and World News

    India OIS curve may steepen on overcooked rate hike bets – BofA

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    MUMBAI (Reuters) – A part of India’s overnight indexed swaps curve, a gauge for future policy rates, may steepen as investors are pricing in a more hawkish-than-expected central bank stance, …

  • US and World News

    Race to rein in strong dollar is on after Japan intervenes

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    By Tommy Wilkes and Nell Mackenzie LONDON (Reuters) -The Bank of Japan’s intervention to prop up a freefalling yen has currency investors speculating about which central bank could move next …

  • US and World News

    Daimler Truck begins producing Mercedes-Benz branded trucks in China

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    BERLIN (Reuters) – Daimler Truck has begun producing Mercedes-Benz branded trucks in China, with the first vehicles rolling off production lines at its joint plant with China’s Foton Motor Co …

  • US and World News

    Sri Lanka to unveil debt restructuring plan to creditors

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lankan authorities will formally hold talks with international creditors on Friday to start the process of restructuring billions of dollars of its debt …

  • US and World News

    CEO of Italy’s MPS pressured to seek partners’ support for cash call

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    By Pamela Barbaglia and Valentina Za LONDON/MILAN (Reuters) -Monte dei Paschi (MPS) Chief Executive Officer Luigi Lovaglio is increasingly under pressure to secure support from the state-owned bank’s main commercial …

  • US and World News

    Lavrov defends Russia at U.N. showdown rife with anger over Ukraine war

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    By Michelle Nichols, Daphne Psaledakis and Humeyra Pamuk UNITED NATIONS (Reuters) -Russian Foreign Minister Sergei Lavrov defended Moscow’s war in Ukraine at the U.N. Security Council on Thursday as the …

  • US and World News

    10 killed in Mexico bar shooting in state ravaged by violence

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    MEXICO CITY (Reuters) – Unidentified gunmen opened fire in a bar in central Mexico, killing 10 people, officials said, in the latest outbreak of violence to buffet the country. “It …

  • US and World News

    Malaysia rules out capital controls, currency peg as ringgit trades near 24-yr low

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    KUALA LUMPUR (Reuters) – Malaysia will not impose capital controls or peg the ringgit to the U.S. dollar, the central bank said on Friday, as the currency trades near a …

  • US and World News

    Apple will sponsor Super Bowl halftime show starting in February

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    By Dawn Chmielewski (Reuters) -The National Football League has reached a multiyear deal with Apple Music to sponsor the Super Bowl Halftime Show, beginning with the American football championship game …

  • US and World News

    Tightening in focus as Singapore Aug inflation stays elevated

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    By Chen Lin SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose again in August at its fastest pace in more than 13 years, official data showed on Friday, driving …

  • US and World News

    Israel to sell air defence system to United Arab Emirates, sources say

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    By Alexander Cornwell and John Irish DUBAI/NEW YORK (Reuters) -Israel has agreed to sell an advanced air defence system to the United Arab Emirates, two sources familiar with the matter …

  • US and World News

    SNB’s Jordan can’t rule out recession – Blick paper

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    ZURICH (Reuters) – The Swiss National Bank does not think the Swiss economy will slide into recession but cannot rule the prospect out, SNB Chairman Thomas Jordan said in a …

  • US and World News

    India cenbank likely sells dollars as rupee plumbs record low – traders

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    MUMBAI (Reuters) – The Reserve Bank of India likely sold dollars via state-run banks on Friday after the rupee extended losses to hit a record low, three traders told Reuters. …

  • US and World News

    Yen buoyant after intervention, dollar powers ahead

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    By Rae Wee SINGAPORE (Reuters) – The yen was heading on Friday to its first weekly gain in more than a month after Japanese authorities intervened in markets to support …

  • US and World News

    Marketmind: After manic week, TGIF

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    A look at the day ahead in European and global markets from Anshuman Daga Friday is shaping up as a slow day. Well, sort of. Equity markets are still licking …

  • US and World News

    Aveva investor plans to reject Schneider takeover offer – FT

    by Reuters September 23, 2022
    by Reuters September 23, 2022

    (Reuters) – Canada-based Mawer Investment management, a top investor in Aveva PLC, plans to reject Schneider Electric’s 9.5 billion pounds ($10.66 billion) takeover offer, the Financial Times reported on Friday. …

  • Conservative TimesFeatured NewsPoliticsUS and World News

    Soros-Backed Immigration Group Suing DeSantis Over Martha’s Vineyard Flights Called To ‘Defund’ Border Patrol, ICE

    by The Daily Caller September 23, 2022
    by The Daily Caller September 23, 2022

    Soros-Backed Immigration Group Suing DeSantis Over Martha’s Vineyard Flights Called To ‘Defund’ Border Patrol, ICE Gabe Kaminsky on September 22, 2022 A George Soros-backed immigration nonprofit that’s suing Florida Gov. …

  • US and World News

    RBI to raise rates again, slim majority of economists expect 50 bps hike – Reuters poll

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Arsh Tushar Mogre BENGALURU (Reuters) – The Reserve Bank of India is set to raise interest rates again next week with a slim majority of economists in a Reuters …

  • US and World News

    New China ETFs test investor appetite amid Sino-U.S. tech war, market rout

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    SHANGHAI (Reuters) – Five Chinese tech-focused ETFs launched on Friday, testing investor appetite for chipmakers, new materials producers and machine tool manufacturers amid an escalating Sino-U.S. tech war, and a …

  • US and World News

    Hurricane Fiona heads to Bermuda, up to 8 dead in Puerto Rico

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Ivelisse Rivera SAN JUAN, Puerto Rico (Reuters) – Hurricane Fiona strengthened to a powerful Category 4 storm on Wednesday as it headed toward Bermuda after carving a destructive path …

  • US and World News

    Poorer nations face rising debt servicing costs in 2024 – report

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    LONDON (Reuters) – Some of the nations most vulnerable to climate change face a sharp rise in debt service payments in the coming two years, hampering their ability to invest …

  • US and World News

    New York City to open emergency centers to house migrants bused by Texas

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Jonathan Allen and Ted Hesson NEW YORK (Reuters) – New York City will open two emergency centers to house migrants arriving on buses sent by the Republican governor of …

  • US and World News

    IDB directors unanimously recommend firing of Claver-Carone after ethics probe

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Andrea Shalal and Cassandra Garrison WASHINGTON (Reuters) -The Inter-American Development Bank’s board of directors voted unanimously on Thursday to recommend firing President Mauricio Claver-Carone after an independent ethics investigation …

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