Category Archives:
ECB’s Lane plays down case for another 75 bps rate hike – MNI
FRANKFURT (Reuters) - The European Central Bank will raise rates again in December but the case for another 75 basis point move has diminished, ECB chief economist Philip Lane told Market News. "One p...
Nov 21, 2022
FTX shows need to regulate crypto before it gets big, says Bank of England
LONDON (Reuters) - The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Monday. F...
Nov 21, 2022
Global equity bear market not over yet – Goldman Sachs
(Reuters) - Goldman Sachs on Monday warned that the global equity bear market is not over as the markets are yet to see a trough in the momentum of global growth deterioration, a peak in interest rate...
Nov 21, 2022
Taiwan Oct export orders down more than expected; outlook tough
TAIPEI (Reuters) - Taiwan's export orders contracted more severely than expected in October on weak consumer demand hit by inflation and interest rate hikes, with the government warning that China's i...
Nov 21, 2022
Cathay Pacific to lift staff pay by 3.3%, offer bonus – CEO memo
(Reuters) - Cathay Pacific Airways Ltd will increase base pay by an average of 3.3% in 2023 and offer bonuses worth the equivalent of one month's salary to Hong Kong-based staff meeting performance ta...
Nov 21, 2022
European stocks slip on worries about China’s COVID curbs
(Reuters) - European shares slipped on Monday, with economically sensitive sectors like miners and industrials leading the losses on worries about the impact of surging COVID-19 cases in China. The pa...
Nov 21, 2022
StanChart sees Asia, Middle East as bright spots in weak global economy
By Anshuman Daga SINGAPORE (Reuters) - Standard Chartered expects Asia and the Middle East to outperform other regions even as spiralling inflation and a spike in borrowing costs risk tipping major gl...
Nov 21, 2022
BOJ deputy governor candidate calls for more flexible rate policy
By Leika Kihara TOKYO (Reuters) - The Bank of Japan must thoroughly examine its stimulus programme and adjust interest rates more flexibly in response to cyclical economic swings, said Sayuri Shirai, ...
Nov 21, 2022
Nestle’s Nespresso to sell paper-based compostable coffee pods
ZURICH (Reuters) - Nestle's Nespresso coffee business is launching paper-based compostable capsules to attract customers put off by the Swiss packaged food giant's metal ones, which despite being recy...
Nov 21, 2022
Philips recalls some previously replaced ventilators -FDA statement
AMSTERDAM (Reuters) - Philips, which has been struggling with a major recall of ventilators, is recalling some machines it has previously replaced, according to an FDA statement. A Philips spokesperso...
Nov 21, 2022
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