Category Archives:
Norway raises rate to 4.25%, likely to hike again in Dec
By Terje Solsvik OSLO (Reuters) - Norway's central bank raised its benchmark interest rate by 25 basis points (bps) to 4.25% on Thursday to curb inflation, as widely predicted, and, in a surprise move...
Sep 21, 2023
UBS cuts nearly 70% Credit Suisse researchers in Hong Kong-sources
HONG KONG (Reuters) - UBS has cut around 70% of the Hong Kong-based staff headcount at Credit Suisse's securities research unit, two sources with direct knowledge of the matter said, as the two Swiss ...
Sep 21, 2023
Google discussed dropping Broadcom as AI chips supplier -The Information
(Reuters) - Alphabet-owned Google's executives have discussed dropping Broadcom as a supplier of artificial intelligence (AI) chips as early as 2027, The Information reported on Thursday. (Reporting b...
Sep 21, 2023
Thai cabinet to consider debt suspension, handout programme next week – Dep Finance Minister
BANGKOK (Reuters) - Thailand's cabinet will consider next week a debt suspension plan for farmers and how to implement a digital wallet handout scheme, a deputy minister said on Thursday. The plans wi...
Sep 21, 2023
Beijing Fourth Paradigm to price Hong Kong IPO at low end of range -source
By Scott Murdoch SYDNEY (Reuters) - Chinese artificial intelligence startup Beijing Fourth Paradigm is set to price its shares at HK$55.6 each, the low end of the price range, to raise HK$1.023 billio...
Sep 21, 2023
ECB’s Nagel says inflation not falling at desired pace
FRANKFURT (Reuters) - Inflation in the euro zone is not falling "at the desired pace" and it is therefore too early to say whether or not the European Central Bank will need to raise interest rates fu...
Sep 21, 2023
Swedish central bank hikes policy rate to 4.00% as expected
STOCKHOLM (Reuters) - Sweden's central bank raised its key policy rate by a quarter percentage point to 4.00% as expected on Thursday and said it might need to do more to bring inflation back to its 2...
Sep 21, 2023
Swiss National Bank leaves rates unchanged, Sweden hikes again
LONDON (Reuters) - The Swiss National Bank held its policy interest rate unchanged at 1.75% on Thursday, against analyst expectations for a quarter point increase. Sweden's central bank, meanwhile, ra...
Sep 21, 2023
Swiss National Bank holds rates steady, will not rule out more hikes
ZURICH (Reuters) - The Swiss National Bank held its policy interest rate unchanged at 1.75% on Thursday as the central bank paused its campaign against inflation which has recently ebbed lower in Swit...
Sep 21, 2023
China has issued some export licences for gallium and germanium
BEIJING (Reuters) - Some Chinese companies have obtained export licences for gallium and germanium products, the commerce ministry said on Thursday, after Beijing introduced new conditions for exports...
Sep 21, 2023
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