Category Archives:
China cuts lending benchmark LPR for first time since April 2020
SHANGHAI (Reuters) - China cut its lending benchmark loan prime rate (LPR) for the first time in 20 months at its December fixing on Monday, largely in line with market expectations. The one-year LPR ...
Dec 19, 2021
BOJ Kuroda: too early now to consider normalising monetary policy
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Monday it was too early now to consider normalising monetary policy. Speaking in parliament, Kuroda stressed it was important for the g...
Dec 19, 2021
China’s Kaisa says bondholders have not asked for accelerated repayments yet
(Reuters) - Kaisa Group said on Monday it has not received any notice from bondholders to accelerate repayments yet as the embattled Chinese property developer has not repaid a $400 million offshore b...
Dec 19, 2021
Dollar shines, euro droops as Omicron spreads while Fed hawks circle
By Kevin Buckland TOKYO (Reuters) - The U.S. dollar hovered near the highest since July of last year against major peers on Monday after a Federal Reserve official signaled a first pandemic-era intere...
Dec 19, 2021
Oil prices drop 2% as rapid Omicron spread dims fuel demand outlook
By Jessica Jaganathan SINGAPORE (Reuters) - Oil prices slumped by about 2% early on Monday as surging cases of the Omicron coronavirus variant in Europe and the United States stoked investor worries t...
Dec 19, 2021
Jefferies CEO Handler says he tested positive, isolated for COVID
NEW YORK (Reuters) - Jefferies Financial Group Inc Chief Executive Officer Richard Handler said on Instagram on Sunday that he had tested positive for COVID three days after deciding this month to ask...
Dec 19, 2021
Asia stocks, oil prices suffer as Omicron spreads
By Wayne Cole SYDNEY (Reuters) - Asian share markets fell and oil prices slid on Monday as surging Omicron cases triggered tighter restrictions in Europe and threatened to drag on the global economy i...
Dec 19, 2021
London banking job exodus to EU slows despite Brexit
By Huw Jones LONDON (Reuters) - The number of finance jobs shifting from Britain to the European Union due to Brexit is less than initially expected despite billions of euros in share trading moving t...
Dec 19, 2021
SenseTime relaunches $767 million Hong Kong IPO after U.S. investment ban
By Scott Murdoch HONG KONG (Reuters) - Chinese artificial intelligence start-up SenseTime Group relaunched its $767 million Hong Kong IPO on Monday, a week after pulling the listing in the wake of the...
Dec 19, 2021
Turkey’s Erdogan says he’s cut inflation to 4% before, can do again
By Tuvan Gumrukcu ANKARA (Reuters) -President Tayyip Erdogan said he had lowered Turkey's inflation to around 4% before and that he will achieve that again, as it topped 21% following a push for aggre...
Dec 19, 2021
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
