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…
By Luis Jaime Acosta BOGOTA (Reuters) – Colombia risks losing U.S. support in its fight against drug trafficking because of rising coca output and a bill that could allow criminal gangs to…
NEW DELHI (Reuters) – India finance minister has asked state-run banks to assess various financial health parameters amid turbulence across the global banking sector. After a meeting with chiefs of state-run banks…
SHANGHAI (Reuters) – China’s central bank made a “timely” move by pumping liquidity into the banking system to respond to rising pressures in the domestic banking industry and growing risks abroad, a…
(Reuters) – Ratings agency Fitch said on Thursday that direct exposures to Silicon Valley Bank <SIVB.O> and Signature Bank among its portfolio of rated banks in the Asia-Pacific (APAC) region appear limited.…
By Patturaja Murugaboopathy and Davide Barbuscia (Reuters) – Global investors have resumed their selling of high-yield corporate bonds after a brief respite in January, as fears over the health of smaller banks…
Silicon Valley Bank Hit With Lawsuit For Failing To Disclose Risks To Shareholders Katelynn Richardson on March 13, 2023 A Silicon Valley Bank (SVB) shareholder filed a class-action lawsuit against the company…
By Huw Jones LONDON (Reuters) – The Bank of England will decide by year end if tougher disclosure rules are needed for banks after the near meltdown in pension funds last September…
MOSCOW (Reuters) – Russia’s central bank governor on Thursday warned of possible “systemic risks” in the banking sector as lenders scramble to make up for a slump in profits recorded last year.…
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Asian markets had thought to bask in the glow from Wednesday’s radiant PMI data from China,…
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) – The Bank of Russia will not find room to cut interest rates in 2023 as increased budget spending has raised inflation risks, a…
By Leika Kihara FUKUSHIMA, Japan (Reuters) -Bank of Japan (BOJ) board member Junko Nakagawa said on Wednesday the central bank must maintain ultra-loose monetary policy for the time being, as the economy…
Reagan Reese on February 27, 2023 The United States is on its way to becoming the first developed country where most murders go unsolved, according to a Murder Accountability Project report. Despite…
By David Stanway SINGAPORE (Reuters) – A team of influential economists has urged China to adopt a new development model based on “wellbeing” rather than GDP growth in order to fulfil its…
By Brad Brooks (Reuters) – Ahead of U.S. Transportation Secretary Pete Buttigieg’s visit on Thursday to the site of a toxic train derailment in Ohio, here is what we know about the…
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By Faith Hung TAIPEI (Reuters) – Taiwan’s export orders in January contracted from a year earlier for a fifth month in a row, though at a slower pace, hit by a continued…
By Tom Polansek (Reuters) – Countries ranging from the United States and Britain to France and Japan have suffered record losses of poultry in outbreaks of avian flu in the past year.…
(Reuters) – BlackRock Investment Institute cut Japanese stocks to “underweight” on Monday, saying that a Bank of Japan (BOJ) policy change away from its “ultra-loose” monetary strategy could push global yields higher…
SHANGHAI (Reuters) – China on Saturday tightened risk management requirements on banks, requiring them to classify financial-asset risks in a timely and prudent manner, in a bid to better assess lenders’ credit…
By Brendan O’Boyle (Reuters) – Risks over El Salvador’s embrace of bitcoin “have not materialized,” but use of the cryptocurrency still requires transparency and attention, the International Monetary Fund (IMF) said Friday…
MOSCOW (Reuters) -Russia’s labour market, budget and balance of payments will exert inflationary pressures in 2023, the central bank said on Tuesday, while the rouble’s December weakening may also feed into price…
By Kate Abnett BRUSSELS/AMSTERDAM (Reuters) -The European Union’s gas price cap, which launches next month, could impact financial stability and potentially curb liquidity in Europe’s exchange-traded gas markets, the bloc’s financial and…
By Krisztina Than BUDAPEST (Reuters) – Hungary’s central bank is expected to leave its base rate unchanged at 13% next Tuesday, the highest in the European Union, due to persistent inflation pressures…
By Chris Prentice and Hannah Lang NEW YORK/WASHINGTON (Reuters) – A top official with the U.S. Commodity Futures Trading Commission (CFTC) on Wednesday plans to warn lawmakers against allowing cryptocurrency exchanges to…
By Clare Jim HONG KONG (Reuters) – China’s Country Garden had some rare good news for the cash-squeezed property sector with an offshore debt repayment on Tuesday, but a closer look reveals…