Category Archives:
Yellen says most U.S. banks would be able to pay off uninsured depositors
NIIGATA, Japan (Reuters) - Most U.S. banks, including those whose share prices are under pressure, would be able to pay off uninsured depositors, if they began to flee, U.S. Treasury Secretary Janet Y...
May 12, 2023
Northvolt considers building two battery plants in parallel – spokesperson
(Reuters) - Swedish batterymaker Northvolt could build two battery plants in parallel, a spokesperson said on Friday, after fears in Europe that the company would put plans on the continent on hold in...
May 12, 2023
Singapore central bank chief Menon re-appointed for 2 more years
(Repeats to add update to tagline. Text unchanged) SINGAPORE (Reuters) -Singapore's central banker Ravi Menon has been re-appointed in his role for another two years, the Monetary Authority of Singapo...
May 12, 2023
Take Five: A summit with a ceiling
(Reuters) - Right now, it's all about deadlines, as lawmakers race to thrash out a deal on the U.S. borrowing limit, voters in Turkey head to the polls and time runs short for Russia and Ukraine to ag...
May 12, 2023
JP Morgan now expects S.Africa 2023 GDP decline on deeper power cuts
(Reuters) - JPMorgan in a research note on Friday said it now forecast a 0.2% decline in South Africa's 2023 gross domestic product versus a previous forecast for 0.3% growth, citing expectations for ...
May 12, 2023
Tesla to recall over 1.1 million foreign and China-made cars – Chinese regulator
BEIJING (Reuters) - Tesla Inc will recall a total of 1,104,622 vehicles, both imported and China-made ones, China's market regulator said on Friday. The models to be recalled include imported Model S,...
May 12, 2023
Fed’s Bowman: more policy tightening likely appropriate
(Reuters) - The U.S. Federal Reserve will probably need to raise interest rates further if inflation stays high, Fed Governor Michelle Bowman said on Friday, adding that key data so far this month has...
May 12, 2023
Fed’s Bowman calls for external review of Silicon Valley Bank oversight
By Pete Schroeder WASHINGTON (Reuters) - Federal Reserve Governor Michelle Bowman said Friday that the central bank should hire an outside party to further examine the events that led to the abrupt fa...
May 12, 2023
Indonesia’s April trade surplus seen increasing to $3.38 billion- Reuters poll
JAKARTA (Reuters) - Indonesia's April trade surplus was seen increasing from the previous month, with imports softening due to less production activities during the holiday of Ramadan, a Reuters poll ...
May 12, 2023
IMF staff, Senegal reach agreement on $1.9 billion funding package
(Reuters) - International Monetary Fund staff have reached agreement with Senegal on financing facilities totalling about $1.9 billion, the Fund said in a statement. The deal is subject to approval by...
May 12, 2023
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