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 …
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(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 …
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India OIS curve may steepen on overcooked rate hike bets – BofA
by Reutersby ReutersMUMBAI (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, …
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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 …
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Daimler Truck begins producing Mercedes-Benz branded trucks in China
by Reutersby ReutersBERLIN (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 …
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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 …
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CEO of Italy’s MPS pressured to seek partners’ support for cash call
by Reutersby ReutersBy 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 …
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Lavrov defends Russia at U.N. showdown rife with anger over Ukraine war
by Reutersby ReutersBy 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 …
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10 killed in Mexico bar shooting in state ravaged by violence
by Reutersby ReutersMEXICO 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 …
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Malaysia rules out capital controls, currency peg as ringgit trades near 24-yr low
by Reutersby ReutersKUALA 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 …
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Apple will sponsor Super Bowl halftime show starting in February
by Reutersby ReutersBy 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 …
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Tightening in focus as Singapore Aug inflation stays elevated
by Reutersby ReutersBy 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 …
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Israel to sell air defence system to United Arab Emirates, sources say
by Reutersby ReutersBy 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 …
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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 …
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India cenbank likely sells dollars as rupee plumbs record low – traders
by Reutersby ReutersMUMBAI (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. …
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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 …
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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 …
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Aveva investor plans to reject Schneider takeover offer – FT
by Reutersby Reuters(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. …
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Soros-Backed Immigration Group Suing DeSantis Over Martha’s Vineyard Flights Called To ‘Defund’ Border Patrol, ICE
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. …
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RBI to raise rates again, slim majority of economists expect 50 bps hike – Reuters poll
by Reutersby ReutersBy 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 …
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New China ETFs test investor appetite amid Sino-U.S. tech war, market rout
by Reutersby ReutersSHANGHAI (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 …
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Hurricane Fiona heads to Bermuda, up to 8 dead in Puerto Rico
by Reutersby ReutersBy 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 …
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Poorer nations face rising debt servicing costs in 2024 – report
by Reutersby ReutersLONDON (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 …
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New York City to open emergency centers to house migrants bused by Texas
by Reutersby ReutersBy 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 …
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IDB directors unanimously recommend firing of Claver-Carone after ethics probe
by Reutersby ReutersBy 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 …