FRANKFURT (Reuters) – European Central Bank policymakers are open to a change in their rhetoric at their next meeting, paving the way for an interest rate cut possibly in June, …
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By Dharamraj Dhutia, Nikunj Ohri and Jayshree P Upadhyay MUMBAI (Reuters) – Indian lenders have suggested that investments in perpetual bonds issued by banks should be valued according to the …
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Exclusive-Malaysia set to appoint PNB chief to lead country’s biggest pension fund – sources
by ReutersBy Yantoultra Ngui and Rozanna Latiff SINGAPORE/KUALA LUMPUR (Reuters) -Malaysia is expected to name Ahmad Zulqarnain Onn, group CEO of the country’s largest asset manager Permodalan Nasional Berhad (PNB), as …
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By Amy-Jo Crowley and Emma-Victoria Farr LONDON (Reuters) -KPS Capital Partners recently explored a bid for UK specialty chemicals maker Elementis but has since paused its work, two people familiar …
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By Stefania Spezzati LONDON (Reuters) – The European Central Bank has asked some banks to closely monitor activity on social media to detect a worsening in sentiment which could lead …
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Exclusive-China Evergrande offshore bondholder group to join liquidation petition – sources
by ReutersBy Clare Jim HONG KONG (Reuters) – A key offshore bondholder group of China Evergrande plans to join a petition to liquidate the developer at a hearing in a Hong …
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By Lisandra Paraguassu BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva was displeased by a new industrial development plan announced on Monday by the government and told ministers …
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(Reuters) – Boeing CEO Dave Calhoun will be on Capitol Hill this week to meet with senators in the aftermath of the 737 MAX 9 grounding following the mid-air emergency …
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By Huseyin Hayatsever ANKARA (Reuters) – The Turkish parliament’s general assembly is set to debate Sweden’s NATO membership bid on Tuesday, three sources from parliament said. After likely full parliamentary …
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WASHINGTON (Reuters) – Republican Florida Governor Ron DeSantis and aides are discussing options for ending his 2024 presidential campaign, perhaps before Tuesday’s New Hampshire primary, Bloomberg News reported on Sunday, …
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Exclusive-GIP eyeing up to 49% stake in Malaysian port operator, could value MMC Port at $6 billion – sources
by ReutersBy Yantoultra Ngui and Rozanna Latiff SINGAPORE/KUALA LUMPUR (Reuters) – Global Infrastructure Partners (GIP) is in talks to buy up to a 49% stake in MMC Port Holdings, in a …
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By Tatiana Bautzer NEW YORK (Reuters) – Three senior executives are leaving Citigroup’s equity-trading division, two sources with knowledge of the matter said on Wednesday, as the company undergoes a …
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By Stefania Spezzati and Megan Davies DAVOS (Reuters) – Bank CEOs meeting in private at the World Economic Forum on Wednesday aired concerns about the competitive risks from fintech firms …
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By Aditi Shah and Shivangi Acharya NEW DELHI (Reuters) – India’s top electric car maker Tata Motors is urging the government not to cut taxes on hybrid cars as they …
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Wilsons tennis racket maker Amer Sports aims to price $1 billion US IPO by end of month -sources
by ReutersBy Scott Murdoch SYDNEY (Reuters) – Wilsons tennis racket maker Amer Sport is planning to price its $1 billion U.S initial public offering (IPO) by the end of January, according …
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By Leika Kihara TOKYO (Reuters) – The Bank of Japan is expected this month to broadly maintain its projection that trend inflation will stay near its 2% target in coming …
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Exclusive-China’s Harvest Fund cuts Hong Kong staff in pullback from offshore business, sources say
by ReutersBy Xie Yu and Selena Li HONG KONG (Reuters) – Harvest Fund Management, which manages $210 billion in assets, has laid off more than one-third of its staff at its …
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By Nevzat Devranoglu NEW YORK/ANKARA (Reuters) -Turkey is committed to achieving disinflation, central bank chief Hafize Gaye Erkan told investors on Thursday while anticipating the completion of the monetary policy …
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ANBAR, Iraq (Reuters) – A U.S. air strike on a rocket launcher late on Monday foiled an attack on Ain al-Asad air base, which hosts U.S. and other international forces …
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By Joey Roulette WASHINGTON (Reuters) – NASA is set to delay its next few missions to the moon under a key program as technical hurdles mount with the various spacecraft …
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By Matthias Inverardi and Pablo Mayo Cerqueiro DUSSELDORF/LONDON (Reuters) – German perfume retailer Douglas is considering going public in the first quarter of the year, people familiar with the matter …
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By Ebru Tuncay ISTANBUL (Reuters) – Some Turkish banks have begun to cut their lira deposit rates to ease pressure on margins, banking sources said, after rising interest rates during …
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SHANGHAI/BEIJING (Reuters) – China’s major state-owned banks were active in onshore and offshore foreign exchange markets this week trying to contain the yuan’s slide, four people with direct knowledge of …
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Exclusive-China’s top banks tighten exposure to smaller peers to curb credit risk, sources say
by Reuters(Reuters) – Some of China’s top banks have sharpened scrutiny of smaller peers’ asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb …
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SHANGHAI (Reuters) – BYD, which outsold Tesla in electric car sales globally for the first time in the fourth quarter, will hand out rewards totaling billions of yuan to its …