Category Archives:
South Korea to gradually normalise regulations on banks from H2
SEOUL (Reuters) - South Korea will gradually unwind relaxed regulations on banks from the second half of this year, the country's financial regulator said on Tuesday. In a statement, the Financial Ser...
Jun 19, 2023
Medtech firm Surgalign files for Chapter 11 bankruptcy
(Reuters) - Beleagured U.S. medical technology company Surgalign Holdings filed for a voluntary Chapter 11 bankruptcy on Monday. Surgalign filed for the bankruptcy with estimated assets and liabilitie...
Jun 19, 2023
Dollar buoyant; yuan wobbles after China cuts lending benchmarks
By Rae Wee SINGAPORE (Reuters) - The U.S. dollar rose broadly on Tuesday and notched a seven-month high against the yen, while the yuan slipped after China cut two benchmark lending interest rates for...
Jun 19, 2023
Bank Indonesia to hold key rate at 5.75% for rest of year – Reuters poll
By Anant Chandak BENGALURU (Reuters) - Bank Indonesia (BI) will keep its key interest rate unchanged at 5.75% for a fifth consecutive meeting on Thursday and for the rest of the year, as inflation eas...
Jun 19, 2023
Japan Finance Minister says no change in FX policy after US report
TOKYO (Reuters) - Japan's currency policy won't immediately change after the United States removed the country from its monitoring list, Finance Minister Shunichi Suzuki said on Tuesday, noting that t...
Jun 19, 2023
Australia’s central bank hiked rates for fear inflation was becoming entrenched
SYDNEY, June 20 (Reuters) - Australia's central bank's decision to hike interest rates in June was "finely balanced" but judged necessary to ensure high inflation did not become embedded in wage and p...
Jun 19, 2023
China cuts lending benchmarks for first time in 10 months to support economy
SHANGHAI/SINGAPORE (Reuters) -China cut its lending benchmarks on Tuesday in the first such easing in 10 months, as authorities seek to shore up a slowing recovery in the world's second-largest econom...
Jun 19, 2023
Oil prices mixed ahead of China lending benchmarks decision
By Katya Golubkova TOKYO (Reuters) - Oil prices were mixed on Tuesday ahead of a decision on lending benchmarks by China, with the world's second-largest economy widely expected to cut key rates to sh...
Jun 19, 2023
Blinken ‘actively talking’ about three Americans detained in China – CBS News
WASHINGTON (Reuters) - U.S. Secretary of State Antony Blinken said on Monday the United States and China were continuing to discuss the release of three U.S. citizens who are detained in China. "I don...
Jun 19, 2023
New Zealand to investigate profitability, competition at banks
SYDNEY (Reuters) - New Zealand said on Tuesday it would examine the profitability of the country's banks and investigate whether competition in the sector was working well for consumers. The banking s...
Jun 19, 2023
Peoria, IL, USA
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