TOKYO – Bank of Japan (BOJ) board member Goushi Kataoka said on Thursday a weak yen was positive for the economy, with the damage due to rising import costs likely …
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BlackRock’s Fink says Russia-Ukraine crisis could accelerate digital currencies
by Reutersby ReutersNEW YORK – BlackRock Inc’s chief executive, Larry Fink, said on Thursday that the Russia-Ukraine war could end up accelerating digital currencies as a tool to settle international transactions, as …
- Financial News
Japan inflation may perk up but lacks momentum, says BOJ’s Kataoka
by Reutersby ReutersTOKYO – Japan’s consumer inflation may briefly exceed 1.5% but likely will not gain momentum to sustainably head toward the central bank’s 2% target, Bank of Japan board member Goushi …
- US and World News
Manhattan prosecutor who resigned says Trump guilty of felonies – New York Times
by Reutersby ReutersWASHINGTON – One of the prosecutors who had led a New York criminal probe into Donald Trump and his business practices said in a resignation letter last month that the …
- Financial News
South Korea central bank governor nominee Rhee says inflation, economic risks mounting
by Reutersby ReutersSEOUL – 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 …
- Financial News
U.S. will ‘absolutely’ hit Chinese firms if they violate export controls on Russia, says Raimondo
by Reutersby ReutersBy Andrea Shalal WASHINGTON -The United States will “absolutely” enforce export controls if Chinese companies send semiconductors to Russia that were made with U.S technology, a move that could “essentially …
- Financial News
Cuba says fuel shortages due to spike in demand, troubles at power plant
by Reutersby ReutersBy Nelson Acosta HAVANA – Cuba’s government said on Wednesday a spike in demand for fuel, caused in part by the failure of the country’s largest power plant last week, …
- Financial News
U.S. not looking to renegotiate Trump-era steel quotas with South Korea, says Raimondo
by Reutersby ReutersBy Andrea Shalal WASHINGTON – The United States has no plans to renegotiate a quota agreement forged by South Korea and the former Trump administration, U.S. Commerce Secretary Gina Raimondo …
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By Valentina Za and Francesca Landini MILAN – The European Central Bank can keep its accommodative policy stance if euro zone governments act to offset higher prices, including by supporting …
- Financial News
Sanctions hit trade harder than Soviet collapse, Finnish customs says
by Reutersby ReutersBy Anne Kauranen HELSINKI – The initial impact of the European Union’s sanctions against Moscow following its invasion of Ukraine has led to a greater drop in trade between Finland …
- Financial News
Russia says it has moved over 50% of foreign aircraft to its own registry
by Reutersby Reuters– The Russian government has transferred more than 50% of foreign aircraft to Russia’s own registry as it takes measures to start using foreign aircraft located in Russia, Prime Minister …
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WARSAW -Poland is expelling 45 Russian diplomats suspected of working for Russian intelligence, the foreign ministry said on Wednesday. Russia said the accusations were baseless. Relations between Russia and Central …
- US and World News
Ukraine says ‘confrontational’ Russia talks moving forward as West plans more sanctions
by Reutersby ReutersBy Natalia Zinets and Pavel Polityuk LVIV/KYIV, Ukraine – Talks between Ukraine and Russia are confrontational but moving forward, President Volodymyr Zelenskiy said on Wednesday, as the West plans to …
- US and World News
Baseball-New York mayor says he will not be rushed on vaccine rules, with opening day on horizon
by Reutersby ReutersNEW YORK – New York City Mayor Eric Adams said on Tuesday that professional sports teams and players eager to ditch the local COVID-19 vaccine mandate will have to be …
- Financial News
Ericsson CEO says he told staff to hand U.S. full Iraq report in 2019
by Reutersby ReutersBy Supantha Mukherjee STOCKHOLM – Ericsson Chief Executive Borje Ekholm said on Tuesday he had told staff in 2019 to disclose to the U.S. Department of Justice all information on …
- US and World News
MacKenzie Scott donates $436 million to Habitat for Humanity, group says
by Reutersby Reuters– Billionaire philanthropist MacKenzie Scott has donated $436 million to Habitat for Humanity, which plans to direct the funds toward boosting affordable housing and Black homeownership, the group said on …
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‘In A Heartbeat’: Palin Says She’d Serve In Late Congress Member’s Open Seat
‘In A Heartbeat’: Palin Says She’d Serve In Late Congress Member’s Open Seat Sebastian Hughes on March 22, 2022 Former Republican Alaska Gov. Sarah Palin told Newsmax she would take …
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BELGRADE – The war in Ukraine is expected to weigh on Serbia’s economy, presenting global problems such as supply chain disruptions and higher commodity prices, the International Monetary Fund said …
- Financial News
EU to set up Ukraine post-war reconstruction fund, draft statement says
by Reutersby ReutersBRUSSELS – European Union leaders are set to agree this week on an international fund to help finance the reconstruction of Ukraine from the destruction wrought by the Russian invasion, …
- Financial News
Brazil’s JBS says U.S. domestic and international businesses to remain strong
by Reutersby ReutersSAO PAULO – Brazilian meatpacker JBS SA, which operates multiple food processing facilities in the United States, said its North American operations will continue to drive performance. Speaking at a …
- Financial News
Two thirds of Luxembourg funds with big Russia exposure suspended, watchdog says
by Reutersby ReutersBy Huw Jones and Carolyn Cohn LONDON – Two thirds of funds in Luxembourg with heavy Russian exposure have been suspended following the Ukraine invasion, the Grand Duchy’s securities regulator …
- Financial News
Singapore Press says shareholders approve acquisition by Cuscaden Peak
by Reutersby ReutersSINGAPORE – Singapore Press Holdings (SPH) said on Tuesday its shareholders had approved acquisition by Cuscaden Peak, after it announced it was terminating rival bidder Keppel Corp’s offer. Both Cuscaden …
- Financial News
Boardrooms with more women deliver more on climate, says Arabesque
by Reutersby ReutersBy Federica Urso and Simon Jessop LONDON – Companies with more women on their boards are more likely to be on track to meet global climate goals, analysis by investment …
- Financial News
VW’s Skoda says Ukraine supply partner restarting wire harness production
by Reutersby ReutersPRAGUE – Czech carmaker Skoda Auto, part of the Volkswagen Group, said on Tuesday its supply partner in Ukraine had decided to restart production of wire harnesses as the carmaker …
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PARIS – The European Central Bank (ECB) needs to look beyond short-term swings in energy prices and focus on underlying inflation trends, ECB policymaker Francois Villeroy de Galhau said on …