(Reuters) – Short sellers made $14.3 billion in paper profit from their bearish bets on global banking stocks in March, according to analytics firm S3 Partners, as the collapse of U.S. …
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By Michael S. Derby (Reuters) – Authorities need to move beyond ad-hoc responses to episodes of government bond market tumult and clarify how a central bank or other parts of …
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By Hyonhee Shin SEOUL (Reuters) – North Korea’s official newspaper said on Wednesday that relying on external aid to cope with food shortages would be equal to taking “poisoned candy”, …
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By Michelle Nichols UNITED NATIONS (Reuters) – Russia has urged U.N. states to vote against an “unbalanced and anti-Russian” move at the General Assembly by Ukraine and others to mark …
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By Hyonhee Shin SEOUL (Reuters) – South Korea released its latest defence white paper on Thursday, describing North Korea as its “enemy” for the first time in six years and …
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(Reuters) – A tightening of monetary policy by the Federal Reserve results in a reduction in rent inflation albeit at a slow pace, according to a San Francisco Fed analysis …
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By Ann Saphir (Reuters) – U.S. stocks may fall further, and bond yields rise, as the Federal Reserve continues its current round of interest-rate hikes in coming months, according to …
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DUNKIRK, MD – A business owner who was robbed on January 9th said that while the burglar made it out clean, his bathroom did not. Deputies responded to the business …
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DEBRA SAUNDERS: Voters Are About To Learn A Hard Lesson — The GOP Is A Paper Tiger Debra J. Saunders on January 13, 2023 Can newly installed House Speaker Kevin …
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ROME/PARIS (Reuters) – The world’s largest luxury group LVMH could pick Pietro Beccari as new CEO of Louis Vuitton, the flagship brand of the French group, according to a media …
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ZURICH (Reuters) – Zuercher Kantonalbank is not trying to poach clients from embattled Credit Suisse, the state-backed cantonal bank’s chief executive said in a newspaper interview published on Saturday. Amid …
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ZURICH (Reuters) – British American Tobacco is to close a cigarette manufacturing plant in Switzerland next year, laying off the 226 employees working there, the Tages-Anzeiger paper and other Swiss …
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ZURICH (Reuters) – The Swiss National Bank could hike interest rates again to combat Swiss inflation which remains “too high”, SNB governing board member Andrea Maechler said in an interview …
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ZURICH (Reuters) – The Swiss National Bank endorses the measures Credit Suisse has taken to transform the embattled Swiss bank and shore up its capital, SNB Vice Chairman Martin Schlegel …
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MILAN (Reuters) – Italian premium coffee maker Illycaffe will pay a cash bonus to its employees to help them cope with increasingly stretched finances, its chief executive told Il Corriere …
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By Tatiana Bautzer SAO PAULO (Reuters) – Pulp maker Paper Excellence has obtained a court decision allowing completion of its deal to acquire Brazilian company Eldorado Brasil Celulose from J&F …
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(Reuters) – Tether, the world’s largest stablecoin by market value, says it has has completely eliminated commercial paper from its reserves and has replaced those investments with U.S. Treasury bills. …
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ZURICH (Reuters) – The Swiss National Bank does not think the Swiss economy will slide into recession but cannot rule the prospect out, SNB Chairman Thomas Jordan said in a …
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HELSINKI (Reuters) – Finnish forestry group Stora Enso said on Tuesday it would sell its Maxau paper production site in Germany to Schwarz Group, the owner of discount supermarket chains …
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ZURICH (Reuters) – Credit Suisse plans to cut 3,200 jobs in Zurich as part of a cost-cutting drive at the bank, Swiss newspaper Blick reported on Thursday, citing an unnamed …
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SHANGHAI (Reuters) – China’s securities association has drafted rules to set up a firewall between investment bankers and analysts in deals to ensure unbiased pricing of initial public offerings (IPOs), …
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ATLANTA – Ibnisa Durr has been sentenced to federal prison for possessing a firearm after a felony sentence. Durr fled from officers in a highspeed chase on Georgia 400 before …
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Mayor Hill Says His 10-Story Downtown Toms River Apartment Towers Project ‘Looks Nice on Paper’
by Phil StiltonTOMS RIVER, NJ – For years, Toms River Mayor Maurice Hill has sandbagged residents regarding the truth about the new massive twin tower apartment building he is pushing to be …
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PRAGUE – The Czech central bank needs to raise interest rates significantly again when its board meets on June 22 and even a 75 basis-point increase may not be enough, …
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PRAGUE -The Czech National Bank might be forced to raise interest rates by more than its current course suggests if a dovish majority is created on its board, board member …