Rising Liberal Hate in New Jersey Risks a Dangerous Divide
TOMS RIVER, NJ – New Jersey’s political figures are edging into an realm that ignores, if not, supports political violence from the left against anyone who doesn’t agree with them. A recent…
China’s state asset regulator vows to ensure debt risks of centrally administered state firms controllable
BEIJING – China’s state asset regulator vowed on Tuesday to ensure that the debt risks of centrally administered state-owned enterprises are controllable. Peng Huagang, spokesman for the State-owned Assets Supervision and Administration…
Russia can boost economy by $97 billion without inflationary risks, official says
(Reuters) – Russia can boost its economy by 7-8 trillion roubles ($85-97 billion) without stoking significant inflationary risks, a senior official said on Wednesday, as Moscow deals with supply curbs, a fall…
Gold subdued as stronger dollar counters Ukraine risks
By Asha Sistla (Reuters) – Gold traded in a tight range on Friday as the dollar climbed higher on prospects of aggressive interest rate hikes by the U.S. Federal Reserve, partially offsetting…
Gold subdued as stronger dollar counters Ukraine risks
By Asha Sistla (Reuters) – Gold traded in a tight range on Friday as the dollar climbed higher on prospects of aggressive interest rate hikes by the U.S. Federal Reserve, partially offsetting…
U.S. FDIC asks banks for info on crypto activities, cites potential ‘systemic risks’
WASHINGTON – The U.S. Federal Deposit Insurance Corporation (FDIC) on Thursday said the thousands of banks it supervises should notify the regulator of any crypto-related activities they have or are planning. Citing…
Russia, facing default risks, says will do all possible to pay creditors
(Reuters) – Russia will do everything to make sure its creditors receive their money, Finance Minister Anton Siluanov said on Thursday, a day after the country edged closer to a potential default…
Bank of Spain urges banks to monitor risks, keep provisions amid Ukraine conflict
MADRID – The Bank of Spain told lenders on Thursday to adequately monitor credit risks of some of their customers most exposed to the economic impact from Russia’s invasion of Ukraine and…
China issues draft financial stability law to prevent systemic risks
SHANGHAI – China on Wednesday issued a draft law on financial stability in a bid to further strengthen safety nets to prevent systemic financial risks in the world’s second biggest economy. China…
IMF calls for $15 billion this year to manage long-term risks of COVID
WASHINGTON – Countries around the world should provide $15 billion in grants this year and $10 billion a year thereafter to manage the long-term risks of COVID-19, the International Monetary Fund said…
‘Challenges At Every Turn’: Billionaire CEO Warns Of Massive Risks For US Economy
‘Challenges At Every Turn’: Billionaire CEO Warns Of Massive Risks For US Economy Harry Wilmerding on April 4, 2022 JPMorgan Chase chief executive officer Jamie Dimon highlighted three potential risks facing the…
Equities see sizeable weekly inflows as BoFA warns of recession risks
LONDON – Investors pumped in $18.9 billion into equities and $6.3 billion into bonds in the last week after weeks of outflows as BoFA strategists warned against reading too much into the…
Russian invasion, crypto trading drive ‘tail risks’ for U.S. banks -regulator
By Pete Schroeder WASHINGTON – A top U.S. banking regulator told banks on Thursday to be more vigilant about guarding against unlikely but extreme risk as Russia’s invasion of Ukraine and the…
IMF says U.S. ‘soft landing’ amid Ukraine war pressures entails downside risks
WASHINGTON – Achieving a “soft landing” for the U.S. economy amid new inflationary pressures prompted by Russia’s invasion of Ukraine will be a challenging task for the Federal Reserve and will entail…
U.S. regulator joins effort to press banks to gauge climate-linked financial risks
By Pete Schroeder WASHINGTON – A second U.S. banking regulator has laid out how it thinks banks should guard themselves against risks emanating from climate change. On Wednesday, the U.S. Federal Deposit…
Amazon gets rare ‘underperform’ rating on risks from higher expenses, inflation
(Reuters) – Amazon.com Inc received a rare “underperform” rating from BNP Paribas Exane on Wednesday, with the French brokerage saying the e-commerce giant faces a bumpy ride ahead due to surging inflation…
Swiss National Bank says monetary policy not way to curb real estate risks
By John Revill ZURICH – Switzerland has become more vulnerable to a shock from its inflated property sector, Swiss National Bank Vice Chairman Fritz Zurbruegg said on Tuesday, adding it is not…
Crypto offshoot DeFi throws up new risks for investors, global regulators say
By Tom Wilson LONDON – Decentralised finance – or DeFi – is throwing up new risks for investors as it evolves to mirror traditional markets, a global body for securities regulators said…
Asia FX bears remain firm as risks from geopolitics, inflation persist – Reuters poll
By Harshita Swaminathan – Investors stayed bearish on most emerging Asian currencies and turned short on Thailand’s baht for the first time in three months, as uncertainty from Russia’s invasion of Ukraine…
South Korea central bank governor nominee Rhee says inflation, economic risks mounting
SEOUL – South Korea’s nominee for its new central bank chief said on Thursday worries about inflationary and economic risks are mounting and that he would thoroughly review how to manage growth,…
Hungary ramps up rate hikes as war stokes inflation risks
By Gergely Szakacs and Krisztina Than BUDAPEST – The National Bank of Hungary raised its base rate by 100 basis points to 4.4% on Tuesday, the biggest hike in the rate since…
Retreat from Russia riddled with risks for Western banks
By Sinead Cruise and Huw Jones LONDON – As they switch off the lights in Moscow, the world’s top banks face a risk-ridden retreat, juggling obligations to anxious clients and staff while…
IMF says Fed tightening appropriate, adds to risks for emerging markets
WASHINGTON – The U.S. Federal Reserve is acting “appropriately” to tighten monetary policy and signal a higher future rate path, but the policy shift does bring risks for emerging market countries dependent…
Analysis – Investors see risks spiking, fear market-wide liquidity crunch
By Davide Barbuscia NEW YORK – Wild swings in asset prices following Russia’s invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type of volatility…
As Russia risks default, country sends order for coupon payments
– The Russian Finance Ministry said on Monday it has sent an order to a correspondent bank for the payment of coupons on eurobonds amounting to $117.2 million, a signal to markets…
U.S. Treasury launches campaign to educate public about crypto risks
By Hannah Lang – The U.S. Treasury Department is launching an initiative to raise awareness about the risks of investing in cryptocurrencies as the digital asset moves from the fringes of the…
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