By Valentina Za MILAN (Reuters) -Investors in Monte dei Paschi di Siena have taken up 96.3% of the Italian lender’s 2.5 billion euro ($2.4 billion) new share issue, leaving less …
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European shares open higher as luxury, mining stocks jump on China reopening hopes
by Reutersby Reuters(Reuters) – European shares opened higher on Friday, with luxury stocks and miners leading the advance on hopes that China will soon ease its strict COVID-19 curbs. The STOXX 600 …
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China stocks notch trillion-dollar gain on hopes of reopening, better U.S. ties
by Reutersby ReutersBy Rae Wee and Ankur Banerjee SINGAPORE (Reuters) -Chinese markets soared and the yuan rose on Friday, with about a trillion dollars added to the value of Chinese stocks in …
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By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Friday authorities should be vigilant to any downside risks stemming from the U.S. Federal Reserve’s monetary policy …
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South Korea scrambles jets after detecting North Korean military flights near border amid tensions
by Reutersby ReutersSEOUL (Reuters) -South Korea’s military said it scrambled fighter jets after detecting about 180 North Korean military flights north of the two countries’ border over four hours on Friday. The …
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Iran celebrates 1979 U.S. embassy takeover amid anti-government protests
by Reutersby ReutersBy Elwely Elwelly DUBAI (Reuters) -Iran held state-sponsored annual rallies on Friday marking the 1979 seizure of the U.S. embassy in Tehran, as the clerical establishment that has ruled the …
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(Reuters) – Politics are back on top of financial markets’ agenda with U.S. midterm elections and COP27 getting underway, while U.S. inflation data will provide fresh clues on how elusive …
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By Sonali Paul and Jeslyn Lerh SINGAPORE (Reuters) – Oil climbed on Friday as the dollar eased and supply risks lingered, though recession fears and China’s COVID outbreaks kept a …
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By Hyonhee Shin SEOUL (Reuters) – North Korea has dramatically ramped up missile tests this year and tested an intercontinental ballistic missile (ICBMs) on Thursday, as part of efforts to …
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To the sea: The final journey of a victim of Thailand’s nursery massacre
by Reutersby ReutersBy Athit Perawongmetha NONG BUA LAMPHU, Thailand (Reuters) – A boat bobbing on the Gulf of Thailand carried the ashes of four-year-old Pattanan Mumklang. Nicknamed “Model”, the chubby-cheeked girl with …
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Hungary picks PwC partner to lead new anti-graft body overseeing EU funds
by Reutersby ReutersBUDAPEST (Reuters) – Hungary’s State Audit Office has picked PricewaterhouseCoopers forensic partner Ferenc Biro to lead a new anti-graft body to be launched by mid-November as part of efforts to …
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North Korea fires artillery and flies jets near border as South Korea, U.S. pledge cooperation
by Reutersby ReutersBy Soo-hyang Choi and Josh Smith SEOUL (Reuters) – South Korea said it scrambled warplanes in response to 180 North Korean military flights near the countries’ shared border on Friday, …
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Explainer-Russia and North Korea forge closer ties amid shared isolation
by Reutersby ReutersBy Josh Smith SEOUL (Reuters) – The United States said this week it has information indicating North Korea is covertly supplying Russia with a “significant” number of artillery shells, in …
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Philippine central bank ready to take further action as inflation near 14-yr high
by Reutersby ReutersBy Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine central bank said on Friday it was ready to take all further monetary policy actions needed to …
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Philippine govt to address supply bottlenecks to tame inflation – Finance Minister
by Reutersby ReutersMANILA (Reuters) – The Philippine government will help ensure inflation will be on target-consistent path over the medium term by addressing supply shocks and bottlenecks, Finance Secretary Benjamin Diokno said …
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By Ankur Banerjee SINGAPORE (Reuters) – Asian equities surged on Friday and were set for their first weekly gain in a month, as renewed hopes that China will relax its …
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Former Pakistani PM Imran Khan’s party to hold protests after ‘assassination attempt’
by Reutersby ReutersBy Asif Shahzad and Mubasher Bukhari WAZIRABAD, Pakistan (Reuters) – The party of former Pakistani Prime Minister Imran Khan, who was shot and injured in an apparent assassination attempt, said …
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Xi tells Scholz China, Germany should step up cooperation in turbulent times
by Reutersby ReutersBy Andreas Rinke and Eduardo Baptista BEIJING (Reuters) -Chinese President Xi Jinping on Friday touted the need for greater cooperation between China and Germany amid “times of change and turmoil” …
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A look at the day ahead in European and global markets from Ankur Banerjee Investors have been looking for just about any positive sign to pick up beaten down Hong …
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Japan economy set to slow sharply as global inflation, recession risks hurt- Reuters poll
by Reutersby ReutersBy Tetsushi Kajimoto TOKYO (Reuters) – Japan’s economy is expected to have slowed markedly in the third quarter as global recession risks hurt external demand while rising inflation and a …
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Flurry of North Korean launches demonstrates complexity of missile defences
by Reutersby ReutersBy Josh Smith SEOUL (Reuters) – North Korea’s barrage of missiles this week was a vivid illustration of how tracking and intercepting waves of missiles at different altitudes and trajectories …
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NAIROBI (Reuters) – Kenya Airways PLC’s pilots will begin a strike on Nov. 5, their union said on Friday, adding that a 14-day notice on the action had ended without …
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(Reuters) – Twitter was sued over Elon Musk’s plan to lay off about half of its workforce, Bloomberg News reported on Friday, citing a class-action lawsuit filed in a San …
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Saudi Arabia considers new mining index in diversification push
by Reutersby ReutersBy Praveen Menon SYDNEY (Reuters) – Saudi Arabia is considering setting up a new metals and mining stock exchange index as it looks to expand its resources sector to diversify …
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India’s Gujarat state suspends senior local administrator for bridge collapse
by Reutersby ReutersBy Sumit Khanna MORBI, India (Reuters) – A senior administrative official in the Indian town of Morbi has been suspended by the Gujarat state government following the collapse of a …