Category Archives:
China central bank says to steadily and prudently push forward yuan internationalisation
SHANGHAI (Reuters) -China's central bank said it will steadily and prudently push forward yuan internationalisation to promote a higher level of two-way opening up its financial markets. The People's ...
Sep 23, 2022
Mubadala withdraws offer for Brazil’s Burger King brand owner
SAO PAULO (Reuters) - Brazil's Zamp SA, which owns the Burger King brand in the South American country, said on Friday that Abu Dhabi state investor Mubadala has revoked its tender offer to purchase a...
Sep 23, 2022
U.S. bond funds see biggest weekly outflow in four weeks
(Reuters) - U.S. bond funds witnessed huge outflows in the week to Sept. 21 as caution over the pace and length of U.S. interest rate increases crept in ahead of the Federal Reserve's policy decision....
Sep 23, 2022
Hungary central bank seen hiking rate by 100 bps to 12.75% – Reuters poll
By Gergely Szakacs BUDAPEST (Reuters) - The National Bank of Hungary is likely to raise its base rate by another 100 basis points to 12.75% next Tuesday, a Reuters poll showed, with further hikes seen...
Sep 23, 2022
Bond selloff risks liquidation of world’s most crowded trades- BofA
LONDON (Reuters) - Global government bond losses are on course for the worst year since 1949, and this year's bond crash threatens credit events and a liquidation of the world's most crowded trades, B...
Sep 23, 2022
FedEx needs to deliver on cost-cut plan as investor patience wanes -analysts
By Kannaki Deka (Reuters) - FedEx Corp's new chief executive needs to show he can deliver on the promise of implementing aggressive cost cuts, Wall Street analysts said on Friday, after the company la...
Sep 23, 2022
Euro zone likely entering recession as price rises hit demand -PMI
By Jonathan Cable LONDON (Reuters) - A downturn in business activity across the euro zone deepened in September, according to a survey which showed the economy was likely entering a recession as consu...
Sep 23, 2022
Investors dump global bond and equity funds in the week ended Sep.21
(Reuters) - Investors withdrew money from global bond and equity funds in the week ended September 21, with caution creeping in ahead of the U.S. Federal Reserve meeting in which further rate hikes we...
Sep 23, 2022
Repeat child porn offender sentenced to more time behind bars
PEORIA, Ill. — A federal judge has sentenced a Peoria man to 15 years in prison for receiving child pornography while on supervised release for a similar crime. When David Robertson II, 39, is r...
Sep 23, 2022
IMF cites Japanese yen’s volatility, says monitoring situation
WASHINGTON (Reuters) - Asked about the Bank of Japan's intervention to boost the yen, the International Monetary Fund noted the currency's recent volatility and said it was monitoring the situation ca...
Sep 23, 2022
Peoria, IL, USA
49 °F Clear
