Financial News

By Leika Kihara TOKYO – Bank of Japan policymakers stressed the need to keep monetary policy ultra-loose, even as some of them saw signs of growing inflationary pressure from the …

By David Shepardson WASHINGTON -The U.S. Senate on Monday again approved a bill to provide $52 billion in U.S. subsidies for semiconductor chips manufacturing in a bid to reach a …

By Nina Chestney and Joseph Nasr (Reuters) -Russia said on Monday it will not supply gas to Europe for free as it works out methods for accepting payments for its …

By John Kemp LONDON -Investor positions in crude and refined products steadied last week, after heavy sales in the two previous weeks, as fund managers tried to balance opposite risks …

By David Lawder WASHINGTON -The U.S. Treasury on Monday proposed a new mechanism to comply with and enforce a 15% global corporate minimum tax agreed to last year by 136 …

By Huw Jones LONDON – More than 7,000 finance jobs have moved from London to the European Union as a result of Brexit, down 400 from the total anticipated in …

By Nichola Groom (Reuters) -U.S. trade officials on Monday said they will launch an investigation that could result in tariffs on solar panels imported from four Southeast Asian nations, a …

(Reuters) -Boeing Co said on Monday the head of its big defense division, Leanne Caret, will retire after nearly 35 years with the aviation company. Caret, who is 55 years …

By Jonathan Stempel NEW YORK -A federal judge on Monday dismissed long-running litigation accusing seven U.S. stock exchanges of defrauding ordinary investors by quietly allowing high-frequency traders to trade faster …

By Daniela Desantis ASUNCION – Paraguay will end 2022 with inflation close to 6%, the country’s central bank head told Reuters on Monday, right at the ceiling of the entity’s …

WASHINGTON – The powerful U.S. Chamber of Commerce filed a brief on Monday, urging a D.C. appeals court to reject an appeal by a big group of U.S. states to …

(Reuters) -The holding company of U.S. insurer American International Group Inc’s life and retirement business, SAFG Retirement Services Inc, filed for an initial public offering in the United States on …

By Luc Cohen NEW YORK – The wife of former Goldman Sachs banker Roger Ng on Monday testified in her husband’s defense at a U.S. trial over the looting of …

By Caroline Valetkevitch NEW YORK -U.S. corporate stock buybacks are being targeted in U.S. President Joe Biden’s 2023 budget plan announced on Monday, which seeks to discourage corporations from using …

RIYADH – Saudi budget airline flynas is in negotiations with both Boeing and its current supplier Airbus to buy aircraft worth $13 billion to $15 billion, Chief Executive Bander al-Mohanna …

(Corrects paragraph 9 to make clear investor did not own XIV shares) By Saqib Iqbal Ahmed NEW YORK – Two new funds that let investors place bets on stock market …

By David Ljunggren OTTAWA -Canada has picked Lockheed Martin Corp as the preferred bidder to supply 88 new fighter jets, Procurement Minister Filomena Tassi said Monday, in a clear sign …

By Iain Withers and Saqib Iqbal Ahmed LONDON/NEW YORK -British bank Barclays faces an estimated 450 million pound ($592 million) loss and regulatory scrutiny for exceeding a U.S. limit on …

By Josh Horwitz SHANGHAI – U.S. pressure on Huawei Technologies has served to strengthen the resolve of the Chinese telecoms giant, finance chief Meng Wanzhou said on Monday after its …

(Reuters) – The U.S. Securities and Exchange Commission said on Monday it charged seven California residents for allegedly generating more than $1 million in profits via insider trading ahead of …

By Chris Prentice WASHINGTON – The U.S. Consumer Financial Protection Bureau (CFPB) plans to establish “dedicated units” within its enforcement and supervision divisions to better detect repeat corporate offenders, the …

By John McCrank NEW YORK -The dollar hit a six-year high versus the yen after the Bank of Japan moved to contain rising bond yields, while U.S. Treasury yields soared …

By Stephanie Kelly NEW YORK -Oil prices tumbled about 7% on Monday after China’s financial hub of Shanghai launched a lockdown to curb a surge in COVID-19 infections, prompting renewed …

(Reuters) – S&P Global cut its 2022 GDP growth estimate for Russia by more than 11 percentage points to an 8.5% contraction, while its forecasts for Poland and Turkey were …

By Kannaki Deka and Joseph White (Reuters) -U.S. new vehicle sales could fall to the lowest first-quarter volume in the past decade as chip shortages and the Ukraine crisis squeeze …