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Southeast Asia to set ‘guardrails’ on AI with new governance code -sources
By Fanny Potkin and Panu Wongcha-um SINGAPORE/BANGKOK (Reuters) -Southeast Asian countries are drawing up governance and ethics guidelines for artificial intelligence (AI) that will impose "guardrails...
Syndicated Content Jun 16, 2023
European shares edge higher at open, defensive healthcare stocks up
(Reuters) - European shares opened higher on Friday as gains were led by defensive healthcare stocks at the end of a week dominated by major central bank policy decisions. The continent-wide European ...
Syndicated Content Jun 16, 2023
ECB rate hikes my need to last beyond summer break: Nagel
FRANKFURT (Reuters) - European Central Bank rate hikes may need to last beyond the summer break, Bundesbank President Joachim Nagel said on Friday, after the ECB raised rates to a 22-year high of 3.5%...
Syndicated Content Jun 16, 2023
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...
Syndicated Content 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...
Syndicated Content 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 ...
Syndicated Content 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...
Syndicated Content 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...
Syndicated Content 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...
Syndicated Content 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...
Syndicated Content Jun 16, 2023
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