Category Archives:
Volkswagen to face investor grilling on China, costs at capital markets day
By Jan Schwartz and Victoria Waldersee (Reuters) - Volkswagen will face investors hungry for answers at its capital markets day next Wednesday on how it will achieve high cost-cutting targets and whet...
Jun 16, 2023
Taliban’s central bank governor meets Chinese envoy to discuss banking ties
By Charlotte Greenfield (Reuters) - The Taliban's acting governor of the Afghan central bank met China's ambassador this week to discuss banking relations and business, the bank's spokesperson told Re...
Jun 16, 2023
BOJ Governor Ueda’s comments at news conference
(Reuters) - The Bank of Japan (BOJ) maintained ultra-easy monetary policy on Friday despite stronger-than-expected inflation, signalling it will remain a dovish outlier among global central banks and ...
Jun 16, 2023
Nikkei clinches fresh three-decade high as BOJ stands pat
(Reuters) - Japan's Nikkei notched a fresh three-decade high and its 10th consecutive weekly gain on Friday, as investors cheered the central bank leaving its ultra-easy policy settings unchanged. The...
Jun 16, 2023
Bundesbank sees German economy shrinking this year
FRANKFURT (Reuters) - The German economy, Europe's biggest, will shrink this year and inflation will stay above 2% at least through 2025, the Bundesbank said on Friday in a biannual update of its proj...
Jun 16, 2023
Take Five: Keep calm and raise rates
(Reuters) - The Bank of England is facing a stormy gilts market while Turkey's new governor is expected to ramp up rates sharply at central bank meetings in the week to come. There's a fresh read on t...
Jun 16, 2023
GSK says FDA extends review period for experimental drug momelotinib
(Reuters) - British drugmaker GSK Plc on Friday said the U.S. Food and Drug Administration has extended the review period for its experimental drug momelotinib, which is designed to treat anaemic pati...
Jun 16, 2023
South Korea, U.S. to hold high-level meeting on cyber security
SEOUL (Reuters) - South Korea and the United States will hold a high-level meeting on cyber security in Washington on June 20, the presidential office in Seoul said on Friday. The meeting is seen as a...
Jun 16, 2023
Euro zone needs still higher ECB rates, tighter fiscal policy -IMF
By Jan Strupczewski BRUSSELS (Reuters) - The European Central Bank should continue to raise rates to bring down inflation and euro zone governments should slash budget deficits to help it, and to crea...
Jun 16, 2023
Westpac raises Australia cash rate peak forecast to 4.6%
SYDNEY (Reuters) - Westpac on Friday lifted its forecast for Australia's cash rate peak to 4.6%, tipping quarter-point hikes in July and August, joining other major banks that are expecting higher rat...
Jun 16, 2023
Peoria, IL, USA
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