Indonesia’s Prabowo weighs former minister, regulator chief for finance job, sources say
By Ananda Teresia and Stefanno Sulaiman JAKARTA (Reuters) – Indonesian financial regulator Mahendra Siregar and former finance minister Chatib Basri are among the top choices Prabowo Subianto is considering for the role…
Ball in U.S. court on Russian Eurobond payments, Finance Minister says
– The ball is in the United States’ court as to whether payments due on Wednesday on two Russian dollar-denominated Eurobonds will go through, and Washington should clarify whether the settlements are…
Ukraine raises $185 million at debt auction for war effort, says finance ministry
LVIV, Ukraine – Ukraine raised 5.4 billion hryvnias ($185 million) on Tuesday at a third auction of local one-year bonds to raise money for its fight against Russian forces, the finance ministry…
U.S. reveals charges against Russian businessman in campaign finance case
By Luc Cohen NEW YORK – A U.S. court on Monday unsealed campaign finance violation charges against Russian businessman Andrey Muraviev as part of a case implicating two associates of Rudy Giuliani,…
Ukraine finance minister says hryvnia currency will remain stable
LVIV, Ukraine – Ukrainian Finance Minister Serhiy Marchenko said on Monday he believed the hryvnia currency rate would remain stable. “Exchange rate stability will be maintained,” he said on national television. (Reporting…
Sri Lanka finance minister meets top IMF official amid economic crisis
By Uditha Jayasinghe COLOMBO – Sri Lanka’s finance minister held talks with a top International Monetary Fund (IMF) official on Monday, two sources said, as the island nation seeks help to deal…
Russia to use yuan from its forex reserves, finance minister says
– Russia will use Chinese yuan from its foreign exchange reserves after Western sanctions blocked Moscow’s access to the U.S. dollars and euros in the reserves, Finance Minister Anton Siluanov said on…
Exclusive-Chile tax reform to focus on individuals, natural resources, finance minister says
By Fabian Cambero SANTIAGO – Chile’s tax reform, a key plank of new President Gabriel Boric’s economic plan, will focus on individuals, natural resources and environmental levies more than corporations, Finance Minister…
Mitsubishi Motors Announces Santander Consumer USA As New Preferred Finance Partner
“Mitsubishi Motors is celebrating 40 years of doing business in the U.S. in 2022, and our future has never been brighter. We are turning heads with one of the freshest showrooms in…
Russia’s central bank offers crisis support to finance firms
LONDON – Russia’s central bank announced on Tuesday a series of steps to help financial market players such as private pension funds and management companies cope with the current “crisis situation,” including…
Thai GDP growth may miss forecast this year over Ukraine crisis – Finance Minister
BANGKOK – Thailand’s economy may grow less than the 3.5 to 4.5% forecast this year due to the impact of the Ukraine crisis on tourism, trade and consumption, its finance minister said…
UK finance sector gender parity to take 30 years at current pace -study
By Federica Urso – The number of women employed in senior management of the UK financial sector will take 30 years to reach parity with men at the current pace, a UK…
Brexit fallout on finance will take years, says Bank of England
By Huw Jones LONDON – It will be years before the full impact of Brexit on Britain’s financial sector is fully known as more activity could leave London for the bloc or…
Russian finance ministry halts forex, gold purchases for 2022
MOSCOW – Russia’s finance ministry said on Thursday that it was halting purchases of foreign currency and gold for this year as part of a suspension of parts of its fiscal rule…
Ukraine raises $273 million at debt auction for war effort, says finance ministry
LVIV – Ukraine raised 8.1 billion hryvnias ($273 million) on Tuesday at its first bond auction to raise money for its fight against Russia, the finance ministry said in a statement. After…
Japan, U.S. finance chiefs pledge ‘maximum costs’ for Russia
TOKYO – Japan and the United States pledged on Tuesday to work together to force Russia to “pay the high price” for its invasion of Ukraine, Finance Minister Shunichi Suzuki said on…
IMF assures it will support Ukraine -Ukraine’s finance ministry
– The International Monetary Fund has assured Ukraine of its support by all possible means, Ukraine’s finance ministry said on Saturday. The ministry said in a Twitter post that talks on instruments…
Russian finance ministry says rating cuts are geopolitical
MOSCOW – Russia’s finance ministry said on Saturday that the sovereign rating cut by Standard and Poor’s and a move to review the country’s rating by Moody’s were linked to geopolitical factors.…
French Finance Minister Le Maire: we want to isolate Russia financially
PARIS – French Finance Minister Bruno Le Maire said on Friday that the European Union wanted to isolate Russia financially, as he spoke alongside his German counterpart Christian Lindner at a European…
World Bank preparing finance options for Ukraine -Malpass
WASHINGTON – World Bank President David Malpass said on Thursday the lender stands ready to provide immediate support to Ukraine amid “shocking violence and loss of life,” and is preparing options for…
Former Director of Finance for the La Jolla Music Society Admits to Embezzling Over Half a Million Dollars
Assistant U. S. Attorney Mark Conover (619) 546-6763 NEWS RELEASE SUMMARY – February 23, 2022 SAN DIEGO – Chris Benavides of San Diego pleaded guilty in federal court today to wire fraud,…
Thai fiscal, monetary policy to help ensure full recovery in 2024 -Finance Minister
BANGKOK – Thailand’s fiscal and monetary policy are still operating together to achieve 4% economic growth this year and ensure a full economic recovery, its finance minister said on Thursday. The central…
UK calls in finance heads and regulators to talk sanctions – BBC editor
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 BBC’s political…
French finance minister: keeping close eye on rising wheat prices
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 to inflationary…
Hong Kong economy expected to grow 2.0%-3.5% in 2022- finance sec
HONG KONG – Hong Kong’s economy is expected to grow 2.0% to 3.5% this year after expanding 6.4% in 2021, as social restrictions to tackle a growing COVID-19 outbreak are expected to…
Kuwaiti govt owes public entities 2.35 billion dinars – finance ministry
By Ahmed Hagagy KUWAIT -Kuwait’s government owes 2.35 billion dinars ($7.78 billion) in late payments to public entities, according to the finance ministry, in a sign of a deepening cash crunch the…
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