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  • Featured NewsFinancial News

    For Dutch province, Ukraine war is a call to pump natural gas

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Anthony Deutsch OVERSCHILD, Netherlands -Images of bombed-out hospitals and apartment buildings across Ukraine reminded Jannie and Bert Schrage of their home country during World War Two. Then the retired …

  • Financial News

    Exclusive-ECB tells banks to watch all Russian clients in widening of sanctions net -sources

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Francesco Canepa and Jesús Aguado FRANKFURT/MADRID – European Union regulators have told some banks to scrutinise transactions by all Russian and Belarusian clients, including EU residents, to ensure that …

  • Financial News

    Gold steady as dollar dip counters Fed rate hike expectations

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Bharat Gautam – Gold steadied on Wednesday, with a weaker dollar offsetting pressure from higher U.S. Treasury yields as investors await the first pandemic-era U.S. Federal Reserve interest rate …

  • Financial News

    Marubeni-owned aircraft lessor retrieves two Russian aircraft

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Yuki Nitta TOKYO -The U.S.-based aircraft leasing firm owned by Japan’s Marubeni Corp and Mizuho Leasing Co Ltd has recovered two of the 12 aircraft it has been leasing …

  • Financial News

    Japan will work with G7 to keep Russia from tapping IMF loans-PM Kishida

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    TOKYO – Japan will work closely with G7 advanced economies to prevent Russia from tapping loans from the International Monetary Fund and other international lenders, Prime Minister Fumio Kishida said …

  • Financial News

    Explainer-Raskin’s withdrawal from Fed nomination spells more delays for rule changes

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Pete Schroeder WASHINGTON – Sarah Bloom Raskin’s decision Tuesday to withdraw her nomination as the Federal Reserve’s Wall Street cop further delays rule changes that have been in limbo …

  • Financial News

    Ukraine crisis may reshape role of central bank digital currency, says ex-BOJ official

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Leika Kihara and Takahiko Wada TOKYO – Sanctions imposed on Russia could prod more countries like China to look at central bank digital currencies (CBDC) as a tool to …

  • Financial News

    China securities regulator to push forward overseas-listing rules

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    SHANGHAI – China’s securities regulator on Wednesday said it will continue to communicate with U.S. regulators and strive to reach an agreement on China-U.S. audit supervision cooperation as soon as …

  • Financial News

    House Republicans who challenged Biden’s win are losing lots of corporate cash

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Jason Lange and Andy Sullivan WASHINGTON – In the days after the Jan. 6, 2021 attack on the U.S. Capitol, dozens of companies said they would suspend political donations …

  • Financial News

    History shows stocks can weather rate hike cycle

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Lewis Krauskopf NEW YORK -Fears over the Federal Reserve’s hawkish shift have combined with geopolitical uncertainty to push the S&P 500 into a correction this year, yet historical data …

  • Financial News

    Russia’s war in Ukraine may ‘fundamentally alter’ global economic, political order – IMF

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Andrea Shalal WASHINGTON – Russia’s invasion of Ukraine will affect the entire global economy by slowing growth and jacking up inflation, and could fundamentally reshape the global economic order …

  • Financial News

    Standard Bank aims for net zero by 2050, activists press for more

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    JOHANNESBURG – Top African lender Standard Bank has ruled out funding all new coal-fired power plants and most oil-fired plants as part of plans to reach net zero-emissions by 2050, …

  • Financial News

    Explainer – Amazon’s battle with Reliance for India retail supremacy

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Abhirup Roy and Aditya Kalra NEW DELHI – For more than a year, Amazon.com Inc and India’s Future Group have been locked in a complex legal stand-off that has …

  • Financial News

    Russian central bank sells $19 billion at ‘fine-tuning’ repo auction

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    – Russia’s central bank on Wednesday said it had provided banks with 2.05 trillion roubles ($18.97 billion) at a “fine-tuning” one-day repo auction, as it seeks to help lending institutions …

  • Financial News

    U.S. Treasury yields push to new highs as Fed looks set to hike rates

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    LONDON – U.S five and 10-year Treasury yields rose to their highest levels in almost three years on Tuesday, ahead of a widely-anticipated rate hike from the Federal Reserve. Five-year …

  • Financial News

    Apple supplier Foxconn sees possible revenue hit from supply chain woes

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Yimou Lee and Ben Blanchard TAIPEI – Apple supplier Foxconn forecast an up to 3% fall in revenue for the year in what could be its first annual sales …

  • Financial News

    Volkswagen brand reluctant to make 2022 forecast

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    BERLIN – German carmaker Volkswagen said on Wednesday that deliveries of its core brand dropped by 8% to 4.9 million vehicles last year, and it was reluctant to make forecasts …

  • Financial News

    Mercedes to continue EV investments despite Ukraine war disruptions

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Joseph White TUSCALOOSA, Ala. – Mercedes-Benz AG won’t cut spending on future electric vehicles even as it copes with supply-chain cost pressures exacerbated by the Russia-Ukraine conflict, the German …

  • Financial News

    Russian gas flows to Europe decline as nominations drop

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    OSLO – Russian gas deliveries to Europe via the Nord Stream 1 pipeline were steady while lower through Ukraine on Wednesday as the Yamal-Europe pipeline remained in reverse mode for …

  • Financial News

    Marketmind: A (potentially) historic day

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    A look at the day ahead in markets from Dhara Ranasinghe. The day ahead is all about the United States and Russia and possibly it’s also a day of firsts, …

  • Financial News

    COVID curbs bite at Chinese ports, threatening global supply chains

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Joe Brock SINGAPORE – The queues of container ships outside major Chinese ports are lengthening by the day as COVID-19 outbreaks in manufacturing export hubs threaten to unleash a …

  • Financial News

    Malaysia’s AirAsia X completes debt restructure, to write back nearly $8 billion to profit

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    – Malaysia’s Airasia X (AAX) said on Wednesday it had completed its debt restructuring, and will write 33 billion ringgit ($7.86 billion) back to profits in the next quarter. Under …

  • Financial News

    Cargo ship runs aground in U.S., a year after sister vessel blocked Suez Canal

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    – The Ever Forward container ship is currently grounded in the Chesapeake Bay near Baltimore, according to the U.S. Coast Guard, nearly a year after another ship run by the …

  • Financial News

    Analysis: Strong Asian rice demand for animal feed sparks food supply worries

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    By Naveen Thukral SINGAPORE – A surge in wheat and corn prices is boosting demand for low-grade rice in animal rations across Asia, pushing up prices of the world’s most …

  • Financial News

    Pandemic sends 4.7 million more people into extreme poverty in SE Asia – ADB

    by Reuters March 16, 2022
    by Reuters March 16, 2022

    MANILA – The pandemic added 4.7 million more people to Southeast Asia’s most extreme poor in 2021, reversing gains made in fighting poverty, the Asian Development Bank (ADB) said on …

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