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  • Financial News

    Japan’s central bank renews powerful easing pledge after hawkish Fed signal

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Leika Kihara and Tetsushi Kajimoto TOKYO -The Bank of Japan must maintain ultra-loose monetary policy as recent cost-push inflation could hurt the economy, Governor Haruhiko Kuroda said on Tuesday, …

  • Financial News

    VW’s Skoda says Ukraine supply partner restarting wire harness production

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    PRAGUE – Czech carmaker Skoda Auto, part of the Volkswagen Group, said on Tuesday its supply partner in Ukraine had decided to restart production of wire harnesses as the carmaker …

  • Financial News

    ECB must focus on underlying inflation, Villeroy says

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    PARIS – The European Central Bank (ECB) needs to look beyond short-term swings in energy prices and focus on underlying inflation trends, ECB policymaker Francois Villeroy de Galhau said on …

  • Financial News

    Exclusive-Mexico flared record levels of gas in 2021 -study

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Stefanie Eschenbacher MEXICO CITY – Flaring by the energy sector in Mexico hit record levels last year while the number of sites where gas is burnt off also rose …

  • Financial News

    ECB should consider Greece’s progress in key bond decision – de Guindos

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    FRANKFURT – The European Central Bank should consider Greece’s economic progress when it decides whether to keep granting it funding despite its ‘junk’ credit rating in the coming days, the …

  • Financial News

    UK borrows less than forecast before Sunak’s fiscal statement

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By David Milliken and Andy Bruce LONDON -British public borrowing has fallen by more than half since its peak during the pandemic, but debt servicing costs are rising rapidly, official …

  • Financial News

    Cryptoverse: Remember when bitcoin was ‘anonymous’?

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Lisa Pauline Mattackal and Bansari Mayur Kamdar – Bitcoin just isn’t anonymous enough for a growing cohort of crypto users who are seeking greater seclusion. A volatile class of …

  • Financial News

    Philippines central bank to start tightening in Q4, earlier hike possible – Reuters poll

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Shaloo Shrivastava and Devayani Sathyan BENGALURU – The Philippines central bank will leave policy on hold at Thursday’s meeting to support a nascent recovery, despite a recent U.S. Federal …

  • Financial News

    European shares muted in choppy trade (March 21)

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    (This March 21 report, corrects typo in paragraph 1) By Shreyashi Sanyal and Bansari Mayur Kamdar – European shares were subdued at the close on Monday after choppy trading, as …

  • Financial News

    India’s Zomato faces heat for plans to deliver food in 10 minutes

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Abhirup Roy and Aditya Kalra MUMBAI – Indian food-delivery giant Zomato Ltd is facing a backlash on social media for its plans to roll out a 10-minute food service …

  • Financial News

    Finland’s Nokian Tyres defends move to retain control of Russian factory

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    HELSINKI -Finland’s Nokian Tyres PLC said on Tuesday it would continue production in Russia to retain control of its local factory, at a time when many companies are halting operations …

  • Financial News

    Analysis-Steep oil and sunken yields flash more weakness for Japan’s yen

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Kevin Buckland and Alun John TOKYO – A jump in the price of oil and a yawning gap between yields at home and those of U.S. bonds have left …

  • Financial News

    Euro zone not facing stagflation risk: ECB’s de Guindos

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    FRANKFURT – Russia’s war in Ukraine will dent euro zone growth but the block is still set to expand, even if the conflict escalates, European Central Bank Vice President Luis …

  • Financial News

    Marketmind: Inflation or growth?

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    A look at the day ahead in markets from Sujata Rao A JPMorgan survey shows a record high 86% of its clients planned to raise equity exposure. It is unclear …

  • Financial News

    Leonardo to sell satellite business GES to SES for $450 million

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    MILAN – Italian defence group Leonardo said on Tuesday its U.S. unit DRS had agreed to sell its satellite communications business GES to SES for $450 million, gross of taxes, …

  • Financial News

    Novartis suspends some business activities in Russia

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    GENEVA – Swiss drugmaker Novartis said on Tuesday it was suspending capital investments, media advertising, and other promotional activities in Russia but remained committed to providing access to its medicine …

  • Financial News

    Sri Lanka to hire global law firm to aid debt restructuring -official

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Uditha Jayasinghe COLOMBO -Sri Lanka will hire a global law firm to provide technical assistance on debt restructuring ahead of talks with the International Monetary Fund (IMF) on the …

  • Financial News

    Disney CEO forms task force, promises listening tour in response to LGBTQ+ concerns

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Dawn Chmielewski – Disney CEO Bob Chapek on Monday told employees the company made a mistake remaining silent on Florida legislation that would limit classroom discussion of sexual orientation …

  • Financial News

    Goldman sees Fed hiking rates by 50 bps at May, June meetings

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    HONG KONG -Goldman Sachs expects the U.S. Federal Reserve to raise interest rates by 50 basis points each at its May and June meetings, following hawkish remarks by the central …

  • Financial News

    Singapore can deploy more fiscal, monetary policy measures if needed – Finance Minister

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    SINGAPORE – Singapore’s finance minister said on Tuesday the city-state’s economy should continue to grow this year, but authorities were ready to deploy more fiscal and monetary policy measures if …

  • Financial News

    Gold steady as robust Treasury yields counter Ukraine woes

    by Reuters March 21, 2022
    by Reuters March 21, 2022

    By Asha Sistla – Gold prices held steady on Tuesday as U.S. Treasury yields hit multi-year highs following an aggressive inflation stance by the Federal Reserve chairman, while an intensifying …

  • Financial News

    ‘Launching Financial Grownups’ shows how to raise money-smart kids

    by Reuters March 21, 2022
    by Reuters March 21, 2022

    By Chris Taylor NEW YORK – When it comes to passing money smarts to children, many parents know where to start. In the beginning, they introduce kids to the concept, …

  • Financial News

    Fed will raise rates more aggressively if needed, Powell says

    by Reuters March 21, 2022
    by Reuters March 21, 2022

    By Ann Saphir and Lindsay Dunsmuir -Federal Reserve Chair Jerome Powell on Monday delivered his most muscular message to date on his battle with too-high inflation, saying the central bank …

  • Financial News

    Russia’s payment on another bond is processed by U.S. bank -source

    by Reuters March 21, 2022
    by Reuters March 21, 2022

    By Megan Davies NEW YORK -Russia’s coupon payment on a sovereign bond maturing in 2029 was processed by correspondent bank JPMorgan Chase & Co, a source said on Monday, the …

  • Police Blotter

    Murder Suspect and Child Rape Fugitive Apprehended by U.S. Marshals in Memphis

    by DOJ Press March 21, 2022
    by DOJ Press March 21, 2022

    Memphis, TN – U.S. Marshal Tyreece Miller announces the capture of two separate fugitive cases out of Memphis. Maceo Boyd and Cassell Hunt were both arrested today by the Two …

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