NEW DELHI – India’s VerSe Innovation has raised $805 million in a funding round led by Canada’s top pension fund, putting a $5 billion valuation on the Google-backed parent of …
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Exclusive-India probes debt trustee units of SBI, Axis, IDBI on suspected fee cartel
by Reutersby ReutersBy Aditya Kalra and Abhirup Roy NEW DELHI – India’s antitrust body is investigating the trustee units of State Bank of India, Axis Bank and IDBI Bank for suspected collusion …
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LONDON – HSBC said on Wednesday it had increased its stake in its China securities brokerage, through a deal to buy equity from its state-owned partner Qianhai Financial Holdings. The …
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A look at the day ahead in markets from Sujata Rao Treasury markets are in full-fledged selloff mode ahead of minutes from the Federal Reserve’s March meeting. With a half-point …
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BENGALURU -Indian digital payments firm Paytm said on Wednesday it is aiming to be operationally profitable by September next year, seeking to allay doubts about its business model that has …
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Column-Felling the ‘magic money tree’ as central banks call time :Mike Dolan
by Reutersby ReutersBy Mike Dolan LONDON – The race is on to declare a paradigm shift in the world economy toward higher inflation and interest rates and the jolt to public borrowing …
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BERLIN – German carmaker Volkswagen will axe many combustion engine models by the end of the decade and sell fewer cars overall to concentrate on producing more profitable premium vehicles, …
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Germany’s Bundesbank warns over bank loans to hot property market -report
by Reutersby ReutersBERLIN – Germany’s Bundesbank is worried about banks lending to overextended buyers in an overheated property market and reserves the right to impose additional curbs, board director Joachim Wuermeling was …
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Multiple Injuries Reported After Airborne Vehicle Crashes into New York State Trooper Car
by Adam Devineby Adam DevineESOPUS, NY – Several people were injured after a vehicle flew into the air after a head on collision with another vehicle that the New York State Police had stopped. …
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ZURICH – Armed with a banking licence from the Swiss Financial Market Supervisory Authority, digital wealth manager Alpian plans to launch in Switzerland in the third quarter of 2022, the …
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Millsboro Man Facing Multiple Drug and Weapons Charges
by Jeff Jonesby Jeff JonesMILLSBORO, DE – A 20-year-old Millsboro man is facing drug and weapons charges after being pulled over by the Delaware State Police for a routine traffic stop Tuesday morning. Police …
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East Orange Man Who Killed Girlfriend, Kidnapped Boy Pleads Guilty
EAST ORANGE, NJ – An East Orange man who was charged with murdering his estranged girlfriend and kidnapping their son has plead guilty in court. Last July, a nationwide Amber …
- Breaking NewsNew York NewsPolice Blotter
60-Year-Old Beaten with Brick in Manhattan
by Adam Devineby Adam DevineNEW YORK, NY – The New York City Police Department is searching for a suspect who beat a 60-year-old man with a brick in Harlem. According to video surveillance capturing …
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Montclair Police Warn Residents of “Cat” Thieves
MONTCLAIR, NJ – The Montclair Police Department has issued a warning about an increase in catalytic converter thefts across the city. “Unfortunately, some of our residents have started their cars …
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China’s services sector activity hit hard by Omicron surge – Caixin PMI
by Reutersby Reuters(Corrects paragraph 7 to clarify sub-index remained below 50.0 but did not decline.) BEIJING – Activity in China’s services sector contracted at the sharpest pace in two years in March …
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By Noel Randewich (Reuters) – U.S. stock buybacks appear to be hitting new records as companies head into quarterly earnings season, even as some investors worry about the growing threat …
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Toms River Man Who Stabbed Woman During Fight to Be Held in Jail Until Trial
TOMS RIVER, NJ – A Toms River man, Jesse Rucci, 39, has been ordered to be remanded in the Ocean County Jail until his trial after stabbing a female passenger …
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Australian banks gravitate to June for rate rise, ultimate peak unclear
by Reutersby ReutersBy Wayne Cole SYDNEY – Most of Australia’s major banks now expect a rise in interest rates as early as June, though opinions on the pace of tightening and the …
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Cranford Police Department Hiring Crossing Guards
CRANFORD, NJ – Are you looking for a new job? The Cranford Police Department might have what you’re looking for. Cranford Police Department announced that there is an immediate need …
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Gold prices flat as firmer dollar, yields dim safe-haven demand
by Reutersby ReutersBy Asha Sistla (Reuters) – Gold prices were flat on Wednesday as hawkish comments from U.S. Federal Reserve officials bolstered the dollar and Treasury yields to multi-year highs, denting bullion’s …
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Erie County Jail Guard Pleads Guilty to Smuggling Contraband for Prisoner
by Adam Devineby Adam DevineBUFFALO, NY – A former Erie County Sheriff’s Office jail guard, 48-year-old Jason C. Stachowski, of Buffalo, has pleaded guilty to charges that he smuggled contraband into the Erie County …
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Man Slashed With Box Cutter Inside Wall Street Station
by Adam Devineby Adam DevineNEW YORK, NY – Another slashing incident has taken place inside a New York City subway station. On Tuesday, a black male wearing a red hoodie and black hat approached …
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HONG KONG – Cash-strapped Kaisa Group entered into a strategic co-operation agreement with state-owned China Merchants Shekou Industrial Zone Holdings and China Great Wall Asset Management on joint venture arrangements …
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Shooting Death Reported in Jersey City Tuesday Night
JERSEY CITY, NJ – Late Tuesday evening, the Jersey City Police Department and Hudson County Prosecutor’s Office announced the shooting death of a man on the city’s south side. Police …
- Financial News
Russia-Ukraine war to slow 2022 growth in developing Asia – ADB
by Reutersby ReutersMANILA – Growth in developing Asia will likely be slower this year than previously thought, the Asian Development Bank said on Wednesday, as the war in Ukraine is expected to …