Category Archives:
Turkish banks should boost sectors promoting long-term economic growth -watchdog
ISTANBUL (Reuters) - Turkey's banking sector needs to prioritize sectors that will have a long term contribution to the economy, the country's banking watchdog Chairman Mehmet Ali Akben said on Monday...
May 30, 2022
Russia’s Rosneft recommends record dividend on 2021 results
(Reuters) - Russian oil producer Rosneft said on Monday that it would pay a record dividend of 41.66 roubles ($0.63) per share on its 2021 results, or 50% of its net profit. The board has recommended ...
May 30, 2022
China’s factory activity likely contracted more slowly in May – Reuters poll
BEIJING (Reuters) - China's factory activity likely contracted at a slower pace in May, a Reuters poll showed, as some virus curbs were lifted in key manufacturing hubs.The official manufacturing Purc...
May 30, 2022
Wary of foreign ‘bad manners’, Japan eases borders to aid hobbled tourism industry
By Maki Shiraki, Yuki Nitta and Rocky Swift TOKYO (Reuters) - Japan's easing of a two-year ban on foreign tourists seeks to balance the enormous economic importance of tourism with concerns that trave...
May 30, 2022
Ted Baker rises on report Juicy Couture owner nears takeover
(Reuters) - Shares in Ted Baker rose 3.1% on Monday following a report that Juicy Couture owner Authentic Brands is the British fashion chain's preferred bidder and that the two firms could agree on a...
May 30, 2022
Volkswagen CEO defends operations in China’s Xinjiang, Handelsblatt reports
BERLIN (Reuters) - Volkswagen plans to continue operations at its plant in China's Xinjiang region despite reports of human rights violations there, the chief executive said in comments published by t...
May 30, 2022
Israel, United Arab Emirates to sign free trade deal on Tuesday- Israel econ ministry
JERUSALEM (Reuters) - Israel and the United Arab Emirates (UAE) will sign a free trade agreement in Dubai on Tuesday in a move aimed at boosting trade between the two countries, Israel's Economy Minis...
May 30, 2022
Analysis-Turkey’s recurring currency nightmare strikes again
By Marc Jones LONDON (Reuters) - Another 9% plunge in Turkey's lira this month and debt market danger gauges at levels last seen during the 2008 global crash have prompted investor concerns that a fre...
May 30, 2022
Spain’s May flash CPI rises to 8.7% y/y
(Reuters) - Spanish 12-month inflation rose to 8.7% in May up from 8.3% the previous month, preliminary data from the National Statistics Institute (INE) showed on Monday. The reading was higher than ...
May 30, 2022
Marketmind: One investor’s rebound is another’s bear rally
A look at the day ahead in markets from Julien Ponthus. What a difference a week makes! With the Dow Jones snapping out of its longest weekly losing streak in nearly a century and scoring its best wee...
May 30, 2022
Peoria, IL, USA
69 °F Thunderstorm In Vicinity
