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…
Philippines risks investment grade rating if it can’t reform military pensions – finance chief
MANILA (Reuters) – The Philippines risks losing its investment grade rating if it fails to reform an “unsustainable” military and uniformed personnel (MUP) pension system because it will constrain its ability to…
Tackling money shame: Personal finance advice from top TED Talks
By Chris Taylor NEW YORK (Reuters) – Here is something to make you feel old: Next year will mark the 40th anniversary of the first TED Talk. By now, we are all…
Finance firms’ return-to-office crackdown could backfire – study
By Lananh Nguyen NEW YORK (Reuters) – Financial firms that enforce strict return-to-office mandates could drive employees to leave, according to a study published Tuesday by accounting firm Deloitte. Of 700 financial…
Turkish cenbank governor, Finance Minister to attend JP Morgan investor meeting on Friday -sources
By Orhan Coskun and Karin Strohecker ISTANBUL/LONDON (Reuters) – Turkish Central Bank Governor Hafize Gaye Erkan and Finance Minister Mehmet Simsek will attend a meeting with investors being held by JP Morgan…
Uber’s finance chief to exit in January next year
(Reuters) – Uber Technologies said on Tuesday Chief Financial Officer Nelson Chai will leave the ride-hailing company in January next year. (Reporting by Akash Sriram in Bengaluru; Editing by Shinjini Ganguli)…
Paraguay courts Taiwanese investors, warns against China reliance – finance minister
By Daniela Desantis and Lucinda Elliott ASUNCION (Reuters) – Paraguay is seeking more Taiwanese investment to diversify its farm-driven economy focused on exporting raw materials to China, incoming Finance Minister Carlos Fernandez…
Philippines need not match Fed’s 25 bps hike – finance minister
MANILA (Reuters) – The Philippines’ finance minister said monetary authorities have room to pause on rate hikes in August despite a recent policy tightening by the U.S. Federal Reserve. “I do not…
DOJ Drops Campaign Finance Charge Against Dem Megadonor, Alleged Fraudster
DOJ Drops Campaign Finance Charge Against Dem Megadonor, Alleged Fraudster Jason Cohen on July 27, 2023 The Department of Justice (DOJ) dropped a campaign finance charge against disgraced former crypto tycoon Sam…
Brazil’s finance minister expects interest to fall to ‘at least’ 12% by year-end
BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Wednesday he expects the basic interest rate to fall to “at least” 12% by year-end, emphasizing ample scope for monetary easing. The…
Exclusive-EU’s highest inflation to slow to 7-8% by Dec – Hungary finance minister
By Krisztina Than and Gergely Szakacs BUDAPEST (Reuters) – Hungary’s annual inflation will slow to 7-8% by December from 20.1% in June, helping the economy rebound, Finance Minister Mihaly Varga told Reuters,…
UBS says $100 million blended finance initiative receives new backers
ZURICH (Reuters) – British and U.S. development finance organisations have agreed to be anchor investors in a new $100 million private-public finance initiative led by UBS’ philanthropic arm and non-profit Bridges Outcomes…
German tax revenues drop sharply in June – Finance Minister
BERLIN (Reuters) – Tax revenues of Germany’s federal and regional state governments fell by 7.3% in June compared with the previous year, reflecting tax relief measures to compensate for inflation and a…
G7 finance chiefs to meet July 16, will discuss Ukraine, global taxation – Suzuki
By Tetsushi Kajimoto TOKYO (Reuters) -Financial leaders from the Group of Seven (G7) advanced countries will hold talks on July 16 on the sidelines of the broader G20 meeting in India, Japanese…
Ex-Mozambique finance minister pleads not guilty in New York over debt scandal
By Luc Cohen NEW YORK (Reuters) -A former Mozambique finance minister pleaded not guilty on Thursday to U.S. criminal charges over his alleged involvement in a fraud involving $2 billion in loans…
Ex-Mozambique finance minister pleads not guilty in New York on debt scandal charges
NEW YORK (Reuters) – A former Mozambique finance minister pleaded not guilty on Thursday to U.S. criminal charges over his alleged involvement in a fraud involving $2 billion in loans to three…
G20 finance chiefs set to discuss reforms to development banks, crypto, debt
NEW DELHI (Reuters) – Finance ministers and central bank governors of the G20 member nations are set to meet and discuss reforms to multilateral development banks, a framework for crypto assets and…
U.S. prosecutors probe ex-FTX executive Salame for campaign finance violations -WSJ
NEW YORK (Reuters) – Former FTX cryptocurrency exchange executive Ryan Salame is under investigation by federal prosecutors for possible violations of campaign finance law, the Wall Street Journal reported on Tuesday, citing…
More than $2 billion committed at UK-US climate finance forum
LONDON (Reuters) -Finance leaders, companies and philanthropists have committed more than $2 billion to help finance efforts to reduce carbon emissions and boost climate resilience across Africa, Asia and Latin America, a…
Turkey aims to ensure fiscal discipline and lower budget deficit -Finance Minister
ISTANBUL (Reuters) – Turkey is taking measures to re-establish fiscal discipline and control the level of the budget deficit, Finance Minister Mehmet Simsek said on Sunday. The budget deficit for the first…
Japan finance minister warns against excessive yen weakening
By Tetsushi Kajimoto TOKYO (Reuters) -Japan will take appropriate steps should the yen weaken excessively, Finance Minister Shunichi Suzuki said on Friday after the currency plumbed seven-month lows against the dollar. Suzuki…
Mexico’s economic outlook uncertain, say finance officials
MEXICO CITY (Reuters) – Mexico’s financial system stability committee described the country’s economic outlook as uncertain on Thursday, citing persistent risks of further weakening of economic activity stemming from a complex external…
Brazil Finance Minister confirms 3% inflation target in 2024, backs tweaking time frame
SAO PAULO (Reuters) – Brazil’s finance minister has confirmed the country’s monetary council will keep next year’s inflation target at 3%, but reiterated he expects the body to tweak the time frame…
Japan finance minister declines to rule out any options on weak yen
By Tetsushi Kajimoto TOKYO (Reuters) – Japan will not rule out any options in responding to currency market moves that become excessive, Finance Minister Shunichi Suzuki said on Thursday, firing off a…
UK finance minister Hunt says banks are slow to pass on rate hikes to savers
LONDON (Reuters) – Britain’s finance minister Jeremy Hunt said on Monday that banks are too slow to pass on increases in central bank interest rates to savers and this is a problem…
Paris finance summit to push development banks to take on more risk -draft
By John Irish PARIS (Reuters) -Leaders meeting this week at a summit in Paris are set to back a push for multilateral development banks like the World Bank to put more capital…
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