Analysis-UK finance bosses press to revive London’s allure
By Sinead Cruise and Iain Withers LONDON (Reuters) – Some of Britain’s top finance executives, fearful London is losing out to New York and rival European cities, are pressing the…
By Sinead Cruise and Iain Withers LONDON (Reuters) – Some of Britain’s top finance executives, fearful London is losing out to New York and rival European cities, are pressing the…
(Reuters) – Microsoft Corp is working with Advanced Micro Devices Inc on the chipmaker’s expansion into artificial intelligence processors, Bloomberg News reported on Thursday, citing people with knowledge of the…
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Niigata, Japan next week to participate in the Group of Seven (G7) finance ministers and central…
BERLIN (Reuters) – German Finance Minister Christian Lindner on Tuesday rejected a plan by Economy Minister Robert Habeck to introduce an industrial electricity price. Such a move would be “economically…
INCHEON, South Korea (Reuters) – South Korea’s finance minister said on Tuesday that the trilateral cooperation between South Korea, Japan and China has became more important as the global economy…
(Reuters) – Russia’s forecast of a 2023 budget deficit of no more than 2% of gross domestic product (GDP) remains in force but much depends on oil and gas revenues,…
HARARE (Reuters) – Zimbabwe’s economy could grow 6% this year, better than a previous forecast for 3.8% growth, thanks to a strong performance by agriculture and easing power shortages, Finance…
BERLIN (Reuters) – Inflation is a risk for financial stability and central banks must take this into consideration, German Finance Minister Christian Lindner said on Monday. “Inflation is a tough…
SEOUL/TOKYO (Reuters) – South Korea and Japan’s finance ministers will hold a bilateral meeting early next month for the first time in seven years, heralding closer cooperation in economic policy…
By Jorgelina do Rosario and Rodrigo Campos WASHINGTON/NEW YORK (Reuters) – Zambia last week gave its bondholders a “concrete proposal” for the restructuring of some $3 billion in eurobonds, the…
By Jorgelina do Rosario and Rodrigo Campos WASHINGTON (Reuters) – Colombia is looking to issue a green bond before the end of 2023, likely in dollars, and could tap traditional…
BERLIN (Reuters) – German Finance Minister Christian Lindner is planning an austerity package with a volume of up to 20 billion euros ($22.12 billion), Germany’s Der Spiegel reported on Friday.…
By Josh Ye HONG KONG (Reuters) – After years of bankers quitting Hong Kong amid a China security crackdown and tight COVID curbs, the city is rolling out the red…
ZURICH (Reuters) – UBS’s multi-billion state-sponsored takeover of Credit Suisse should proceed smoothly without political obstructions, Swiss Finance Minister Karin Keller-Sutter said in an interview published on Saturday. The Swiss…
ZURICH (Reuters) – Austria’s government is monitoring the global banking turmoil although there are so far no signs of it spreading to the country’s financial sector, Finance Minister Magnus Brunner…
By Gram Slattery and Alexandra Ulmer (Reuters) – Florida Governor Ron DeSantis has chosen a finance director for his prospective presidential campaign, two sources close to DeSantis said on Thursday.…
MANILA (Reuters) – The Bangko Sentral ng Pilipinas (BSP) has “probably done enough” to tackle inflation, the country’s finance secretary said on Tuesday, in comments that may add weight to…
By Selena Li and Kane Wu HONG KONG/SHANGHAI (Reuters) – A flurry of top financial executives have visited China for the first time since the COVID-19 pandemic as global financial…
By Gopal Sharma KATHMANDU (Reuters) – Nepal’s Prime Minister Pushpa Kamal Dahal on Friday named centrist politician and economic expert Prakash Sharan Mahat as finance minister, a presidential statement said,…
BEIJING (Reuters) – China needs to step up fiscal policy assistance for its economy, Vice Finance Minister Zhu Zhongming said on Friday, adding the country will move steadily on implementing…
By Luc Cohen NEW YORK (Reuters) – Indicted FTX cryptocurrency exchange founder Sam Bankman-Fried is expected to plead not guilty on Thursday to new U.S. criminal charges, which include conspiring…
By Nupur Anand and Tatiana Bautzer (Reuters) – The recent failures of mid-size U.S. lenders show the need for more robust risk management at banks and fintechs, along with improved…
PARIS (Reuters) – Corporate finance directors are scrutinising who they bank with in the wake of recent market tensions but there is no rush for the exit for now, France’s…
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Japanese banks’ holdings of Additional Tier-1 (AT1) bonds issued by Credit Suisse are small so the direct hit from them being written…
(Reuters) -Australian contractor Downer EDI Ltd said on Tuesday Malcolm Ashcroft will become its chief financial officer from July, after Michael Ferguson earlier this month decided to step down. Ferguson’s…