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Exclusive-China’s top banks to issue offshore loans to help developers repay debt -sources
By Julie Zhu, Engen Tham and Jing Xu HONG KONG/SHANGHAI/BEIJING (Reuters) - China has ordered its top four state-owned banks to issue offshore loans to help developers repay overseas debt, three peopl...
Syndicated Content Dec 02, 2022
Binance CEO says paused withdrawals after Ankr hack
(Reuters) - Binance Chief Executive Officer Changpeng Zhao said on Friday that the cryptocurrency exchange has paused withdrawals after the possible attacks on Web 3 operator Ankr and Hay. "Initial an...
Syndicated Content Dec 02, 2022
Arctic data cable linking Europe to Japan secures first investment
By Anne Kauranen HELSINKI (Reuters) - A plan to build the first fibre-optic cable across the Arctic has secured its first investment, the consortium behind the 1.1 billion euro ($1.15 billion) scheme ...
Syndicated Content Dec 02, 2022
Take Five: Ready for that Santa rally?
(Reuters) - Swiss lender Credit Suisse faces a litmus test over its rights issue, just one several trials markets must work through between now and year-end even if some are already gearing up for fes...
Syndicated Content Dec 02, 2022
Analysts upgrade China’s 2023 earnings projections on reopening hopes
By Patturaja Murugaboopathy and Chi Xue (Reuters) - Analysts have upgraded forecasts for Chinese corporate earnings in 2023, on expectations that its economy will benefit from stimulus measures and th...
Syndicated Content Dec 02, 2022
Analysis-Ghana overhaul a test for $1 billion World Bank-backed debt
By Jorgelina do Rosario LONDON (Reuters) - Ghana's debt restructuring plans are set to test a $400 million World Bank guarantee which was designed to provide extra security if the West African country...
Syndicated Content Dec 02, 2022
Bank of Korea’s Rhee ‘not so sure’ about digital currencies
SEOUL (Reuters) - South Korea's central bank governor Rhee Chang-yong said he became sceptical of the benefits of new technologies related to Central Bank Digital Currencies (CBDC), after recent event...
Syndicated Content Dec 02, 2022
Marketmind: Dollar on the jobs line
A look at the day ahead in European and global markets from Tom Westbrook: Having just closed out its worst month since 2010, the dollar's bull run may be ending. Federal Reserve Chair Jerome Powell g...
Syndicated Content Dec 01, 2022
Florida plans to reverse move that stripped Disney of self governing status- FT
(Reuters) - Florida lawmakers are planning to reverse a move that would strip Walt Disney Co. of its right to operate a private government around its theme parks, the Financial Times reported on Frida...
Syndicated Content Dec 01, 2022
Musk says Twitter will suspend Kanye West’s account
(Reuters) - Elon Musk said late on Thursday that Kanye West's account will be suspended as he again violated rule against incitement to violence. (Reporting by Maria Ponnezhath in Bengaluru; Editing b...
Syndicated Content Dec 01, 2022
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