Category Archives:
ECB must keep raising rates despite downturn, Schnabel says
FRANKFURT (Reuters) - The euro zone is facing an economic downturn but inflation is still far too high, so interest rates need to keep going up, European Central Bank board member Isabel Schnabel said...
Sep 22, 2022
Marketmind: Markets ‘Fed Up’
A look at the day ahead in European and global markets from Anshuman Daga No pain, no gain. That seems to be message from the Fed as it gave sobering projections and set the ground for its policy rate...
Sep 22, 2022
Cyber attack on Australia’s Optus puts addresses, passport info at risk
(Reuters) -Optus, the Australian unit of Singapore Telecommunications, said on Thursday it was investigating a data breach that could have exposed personal information including home addresses, passpo...
Sep 21, 2022
China’s largest policy bank to boost infrastructure loans to local govts
BEIJING (Reuters) - The China Development Bank (CDB) said on Thursday it will increase the number of infrastructure loans it gives to local governments, while prioritising the needs of major economic ...
Sep 21, 2022
Japan ‘most certainly’ will intervene in FX market if needed -top FX diplomat
TOKYO (Reuters) - Japan has not intervened in the currency market yet but will "most certainly" do so when necessary, the country's top currency diplomat, Masato Kanda, said on Thursday. "Markets are ...
Sep 21, 2022
Analysis-No relief for bruised markets as Fed signals higher rates for longer
By Davide Barbuscia and David Randall NEW YORK (Reuters) - A Federal Reserve dead-set on fighting inflation is leaving little hope that this year's rocky markets will end anytime soon, as policymakers...
Sep 21, 2022
U.S. theft claims soar for Hyundai, Kia vehicles, says non-profit group
WASHINGTON (Reuters) - U.S. theft claims were nearly twice as common for Hyundai Motor and Kia Corp vehicles compared with all other manufacturers among 2015 through 2019 model-year vehicles, a non-pr...
Sep 21, 2022
HSBC to raise best lending rate to 5.125% after HK rate hike
HONG KONG (Reuters) - HSBC Holdings said on Thursday it raised its best lending rate in Hong Kong by 12.5 basis points to 5.125% effective Sept. 23 after the city's central bank raised the base rate c...
Sep 21, 2022
Georgia county validates thousands of voters challenged by Trump allies
By Daniel Trotta (Reuters) - A Georgia county has validated 15,000 to 20,000 registered voters whose status was challenged ahead of the Nov. 8 midterm election, officials said on Wednesday, leaving an...
Sep 21, 2022
Credit Suisse considers splitting investment bank in three – FT
(Reuters) - Swiss bank Credit Suisse Group AG has drawn up plans to split its investment bank in three, the Financial Times reported on Thursday. Under proposals to the board, the bank is looking to s...
Sep 21, 2022
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