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  • Financial News

    New Russia debt sanctions to have “limited implications” for bond holders – JPMorgan

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    LONDON – JPMorgan’s emerging market strategists said on Wednesday that new U.S. sanctions on Russian sovereign debt announced this week were likely to have limited implications for the international investors …

  • Financial News

    Tesla to expand parts production in Shanghai to meet export demand -document

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    SHANGHAI – Tesla Inc plans to expand parts production at its Shanghai factory to meet growing demand for exports, according to a document it filed with the city government. The …

  • Financial News

    Broker Peel Hunt flags profit miss on delay in investment banking deals

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    – British broker Peel Hunt said on Wednesday it expected full-year earnings to miss analyst views, hurt by deal delays in its investment banking unit and a slowdown in its …

  • Financial News

    Filmstar Leonardo DiCaprio invests in French champagne brand Telmont

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    PARIS -Hollywood actor Leonardo DiCaprio has bought an equity stake in French champagne house Telmont, its majority owner Remy Cointreau said on Wednesday, as luxury brands strike partnership deals with …

  • Financial News

    UK calls in finance heads and regulators to talk sanctions – BBC editor

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    LONDON – British Prime Minister Boris Johnson’s office and the Treasury have called in finance bosses and regulators to discuss how to ensure recently-announced sanctions on Russia are effective, the …

  • Financial News

    Bringing up a child costlier in China than in U.S., Japan – research

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    By David Stanway SHANGHAI -The cost of raising a child in China stands at nearly seven times its per capita GDP, far more than in the United States and Japan, …

  • Financial News

    French finance minister: keeping close eye on rising wheat prices

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    PARIS – French Finance Minister Bruno Le Maire told BFM TV and RMC Radio on Wednesday that he was keeping a close eye on rising wheat prices, which could add …

  • Financial News

    Spain’s Rovi raises guidance after 2021 profit jumped 151%

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    MADRID – Spanish pharmaceutical group Rovi raised its 2022 revenue guidance as it posted a 151% jump in annual net profit on Wednesday, citing strong growth in contract manufacturing and …

  • Financial News

    Russia sanctions would only have limited impact on French economy -Le Maire

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    PARIS – French Finance Minister Bruno Le Maire said on Wednesday that the sanctions imposed by the Western countries on Russia for ordering troops into separatist regions of eastern Ukraine …

  • Financial News

    Marketmind: Another rate hike from New Zealand

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    A look at the day ahead in markets from Dhara Ranasinghe. The Ukraine crisis may be tempering the most aggressive rate hike bets but New Zealand’s latest interest rate rise …

  • Financial News

    Insurer Phoenix Group appoints Alastair Barbour as interim chair

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    – British insurer Phoenix Group on Wednesday appointed senior independent director Alastair Barbour as interim chairman to replace current Chairman Nicholas Lyons, who will go on a sabbatical. Barbour will …

  • Financial News

    ECB could raise rates in summer before ending bond buys: Holzmann

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    ZURICH -The European Central Bank could begin increasing interest rates before ending its bond purchasing programme, ECB policymaker Robert Holzmann said, challenging the bank’s long-held view on the sequence of …

  • Financial News

    Traders see inflation as 2022’s biggest market mover – survey

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    By Lucy Raitano LONDON – Inflation will have the biggest impact on global markets in 2022, traders said, while liquidity was the top daily trading challenge for a sixth year, …

  • Financial News

    Column-Ukraine jolt sees more consensus trades hits the skids :Mike Dolan

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    By Mike Dolan LONDON – The new year is proving unkind to the global investor consensus yet again and low visibility now becomes a major problem. As simmering Russia-Ukraine tensions …

  • Financial News

    Munich Re forecasts 2022 profit lift after pandemic rebound

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    FRANKFURT -German reinsurance group Munich Re on Wednesday forecast a 14% jump in profit this year as it reported a bounceback in 2021 from the coronavirus pandemic despite big claims …

  • Financial News

    German consumer morale darkens on COVID, inflation – GfK

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    BERLIN – German consumer morale is projected to deteriorate in March as a sharp increase in COVID infection rates in early February and high inflation figures overshadowed positive medium-term expectations, …

  • Financial News

    As sanctions start, Russia’s trade flow shifting towards China

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    By David Lawder and Jason Lange WASHINGTON – The United States is poised to unleash a wider array of sanctions against Russia if Moscow escalates the conflict in Ukraine, denying …

  • Financial News

    IMF starts discussions in Ukraine for next tranche disbursement

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    KYIV – The mission of the International Monetary Fund is starting its work in Ukraine for the second review of the Fund-supported programme, the global lender said on Wednesday. Ukraine …

  • Financial News

    Hong Kong budget for fiscal 2022/23

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    HONG KONG -Here are highlights of Hong Kong’s budget for the fiscal year starting in April 2022, unveiled by Financial Secretary Paul Chan on Wednesday: KEY FIGURES * Counter-cyclical measures …

  • Financial News

    Washington targets Russian debt in sanctions sweep

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    By Karin Strohecker and Megan Davies LONDON/NEW YORK -The U.S. government broadened restrictions on trading of Russian government debt on Tuesday in a bid to punish Moscow for ratcheting up …

  • Financial News

    Singapore core inflation rises at fastest pace in nearly a decade

    by Reuters February 23, 2022
    by Reuters February 23, 2022

    SINGAPORE -Singapore’s key consumer price gauge rose in January by its fastest pace in nearly a decade, largely in line with economist forecasts, driven by higher inflation for food, electricity …

  • Financial News

    Wells Fargo says federal agencies reviewing 401(k) plan

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    – Wells Fargo & Co said on Tuesday U.S. government agencies, including the Department of Labor, are reviewing certain transactions in the bank’s 401(k) plan. The fourth-largest U.S. bank said …

  • Business NewsConservative TimesFeatured NewsFinancial NewsGood NewsOMG!Tech and GamingUS and World News

    Trump-linked SPAC’s shares surge as Truth Social app tops Apple downloads

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Medha Singh -Shares of Digital World Acquisition Corp, the blank-check company behind former U.S. President Donald Trump’s new social media venture, Truth Social, rose about 14% on Tuesday as …

  • Financial News

    New Zealand raises interest rates, signals more aggressive tightening

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Praveen Menon WELLINGTON -New Zealand’s central bank delivered a third straight interest rate hike on Wednesday that took borrowing costs back to pre-pandemic levels and signalled a more aggressive …

  • Financial News

    Thai economic recovery to continue but still fragile-central bank minutes

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Orathai Sriring BANGKOK – Thailand’s economy would continue to recover in 2022, but a rebound would remain fragile and uneven, as an Omicron outbreak puts less pressure on activity …

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