Category Archives:
Abu Dhabi identifies $2 billion in investment opportunities in South Korea
SEOUL (Reuters) - Abu Dhabi organisations have identified about $2 billion of investment opportunities in South Korea after the two sides agreed to expand business ties in January, a joint statement s...
May 22, 2023
Marketmind: Not so fast, debt ceiling bulls!
A look at the day ahead in European and global markets from Kevin Buckland You didn't think it would be that easy, did you? Investors are on edge after equities and the dollar got knocked back Friday,...
May 21, 2023
NZ central bank to hike by 25 bps, risk grows of higher peak for rates
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's central bank is expected to deliver a 25-basis point hike on Wednesday, but the focus will be on whether the policy rate will peak at a higher leve...
May 21, 2023
Credit Suisse staff prepare to sue Swiss regulator over lost AT1 bonuses-FT
(Reuters) - Credit Suisse AG staff are making preparations to sue the Swiss financial regulator over $400 million of bonuses that were cancelled following the bank's rescue by UBS, the Financial Times...
May 21, 2023
Column-‘Taper tantrum’ ripples, 10 years on: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - The curious dance between markets and the Federal Reserve now underway - Wall Street on a roll even as Fed officials say the most aggressive interest rat...
May 21, 2023
Explainer-How Wall Street is preparing for possible US debt default
By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON (Reuters) - As talks over raising the U.S. government's $31.4 trillion debt ceiling go down to the wire, Wall Street banks and asset managers...
May 21, 2023
Economists push back expected Fed rate cut to 2024, NABE poll shows
By Michael S. Derby NEW YORK (Reuters) - Economists have pushed back their expectations of when the Federal Reserve will cut interest rates and have raised their forecasts for inflation and the streng...
May 21, 2023
China’s Wuling Motors cuts Mini EV starting prices to as low as 29,800 yuan
BEIJING (Reuters) - China's Wuling Motors has lowered starting prices for its Mini EV electric vehicles to as low as 29,800 yuan ($4,300), the company said on Monday. Some new energy vehicle models sa...
May 21, 2023
Thai jobless rate lowest in 3 years in Q1 as tourism rebounds
BANGKOK (Reuters) - Thailand's unemployment rate hit a three-year low in the first quarter, the state planning agency said on Monday, declining to 1.05% from 1.15% in the last three months of 2022 as ...
May 21, 2023
Indian rupee poised to weaken after central bank pulls 2,000-rupee notes
By Nimesh Vora MUMBAI (Reuters) - The Indian rupee is expected to open weaker against the U.S. dollar after the central bank said it will withdraw the highest value currency note from circulation. Non...
May 21, 2023
Peoria, IL, USA
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