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Financial crime watchdog FATF suspends Russia’s membership over Ukraine war
PARIS (Reuters) - Global financial crime watchdog Financial Action Task Force (FATF) on Friday suspended Russia's membership, saying Moscow's war in Ukraine violated the organisation's principles. "Th...
Syndicated Content Feb 24, 2023
Philippines central bank chief expects one more rate hike this year, possibly in March
MANILA (Reuters) - The Philippine central bank will likely raise interest rates one more time this year and that could happen at its next monetary policy meeting in March, most likely by 25 basis poin...
Syndicated Content Feb 24, 2023
Goldman Sachs expects $2.3 billion more in potential losses from legal disputes
(Reuters) - Goldman Sachs Group Inc said on Friday it was expecting possible losses from legal proceedings to be up to $2.3 billion more than the reserves it had set aside for such matters, as of last...
Syndicated Content Feb 24, 2023
China economy expected to rebound in 2023 with expansion of domestic demand
BEIJING (Reuters) - China' economy is expected to generally rebound in 2023, and the country will increase macro policy regulation with a focus on supporting the expansion of domestic demand, accordin...
Syndicated Content Feb 24, 2023
Canadian lender CIBC’s profit falls on higher legal provisions
(Reuters) -Canadian Imperial Bank of Commerce (CIBC) reported a fall in its first-quarter profit on Friday, weighed down by higher provisions to settle a lawsuit tied to the 2008 global financial cris...
Syndicated Content Feb 24, 2023
Canada has firepower to invest billions in green transition, analysts say
By Steve Scherer OTTAWA (Reuters) - Canada has the firepower to invest billions of dollars in the green transition over the coming years to make it more competitive with the United States, analysts sa...
Syndicated Content Feb 24, 2023
Analysis-With record diversity on their boards, Fed bank chiefs see lower chances of policy error
By Ann Saphir (Reuters) - A record number of women and minorities hold seats this year on the boards of the Federal Reserve's 12 regional banks, providing perhaps the most diverse range of input ever ...
Syndicated Content Feb 24, 2023
Prosecutors to grill S. Carolina lawyer Alex Murdaugh in double murder trial
(Reuters) - Prosecutors will cross examine Richard "Alex" Murdaugh for a second day on Friday, one day after the disbarred South Carolina attorney took the stand and denied any involvement in the murd...
Syndicated Content Feb 24, 2023
Marketmind: War and PCE
A look at the day ahead in U.S. and global markets from Mike Dolan With world headlines focussed on first anniversary of Russia's invasion of Ukraine, the inflationary consequences that pounded world ...
Syndicated Content Feb 24, 2023
Exclusive-U.S. plans $550 million aid for Ukraine, Moldova energy security
By Arshad Mohammed SAINT PAUL, Minn. (Reuters) - The United States plans to announce $250 million in aid on Friday to shore up Ukraine's energy infrastructure in the face of Russian attacks and $300 m...
Syndicated Content Feb 24, 2023
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