Category Archives:
Money markets ramp up global rate hike bets, add pressure on central banks
By Saikat Chatterjee and Dhara Ranasinghe LONDON (Reuters) - As inflationary pressures mount worldwide, money markets are charging ahead with pricing aggressive interest rate rises, in most cases bett...
Oct 12, 2021
U.N.’s Carney calls for multilateral development banks to up climate ambition
By Simon Jessop LONDON (Reuters) - The world's multilateral development banks need to "up their ambition" in terms of the financing provided for climate-related projects, United Nations climate envoy ...
Oct 12, 2021
Hungary’s 4iG to buy controlling stake in Israeli satellite firm Spacecom
JERUSALEM (Reuters) - Israeli satellite operator Spacecom said on Tuesday that Budapest-based 4iG agreed to buy a 51% stake in the company for $68 million through a private shares placement. The deal ...
Oct 12, 2021
Factbox: Chinese developers that missed or are set to miss offshore bond payments since Sept
HONG KONG (Reuters) - Cash-strapped China Evergrande Group missed its third round of bond coupon payments in three weeks, as the one-time top-selling property developer in China wrestles with more tha...
Oct 12, 2021
It’s an allegory: North Korea website says ‘Squid Game’ reflects South Korea’s ‘beastly’ society
By Josh Smith SEOUL (Reuters) - A North Korean propaganda website said on Tuesday that the international Netflix hit "Squid Game" exposes the reality of South Korean capitalist culture where "corrupti...
Oct 12, 2021
Japan PM Kishida: Weak yen good for exports but pushes up corporate costs
TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida said on Tuesday a weak yen helps lift exports but also increases costs for companies by pushing up import prices. "We will closely watch the imp...
Oct 12, 2021
Major central banks likely to make policy mistakes – Deutsche survey
LONDON (Reuters) - The U.S. Federal Reserve and the European Central Bank are expected to keep policy settings too loose while the Bank of England is likely to err on the hawkish side, most respondent...
Oct 12, 2021
European stocks hit by risk aversion ahead of earnings
(Reuters) - European shares lost ground on Tuesday as investors feared that soaring commodity prices would hamper a recovery in corporate profit, with fresh signs of troubles at property developer Chi...
Oct 12, 2021
China launches anti-graft campaign in finance sector by inspecting banking regulator
BEIJING (Reuters) - China's top anti-graft watchdog has kicked off a roughly two-month inspection of the country's banking and insurance regulator, as part of a broader campaign to weed out corrupt Co...
Oct 12, 2021
More pain for British consumers as grocery prices rise
By James Davey LONDON (Reuters) -British grocery prices increased 1.7% in the four weeks to Oct. 3 year-on-year, market researcher Kantar said on Tuesday, adding to pressure on households already faci...
Oct 12, 2021
Peoria, IL, USA
63 °F Sunny
