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Analysis-Europe’s banks dim lights as they brace for winter blackout
By Sinead Cruise and Iain Withers LONDON (Reuters) - Some of Europe's biggest banks are preparing back-up generators and to dim the lights as they brace for potential power cuts and energy rationing t...
Syndicated Content Sep 07, 2022
Finnair to cut costs, reduce fleet to return profitable
HELSINKI (Reuters) -Finnair will reduce its fleet, cut costs and seek to build a geographically more balanced network, the Finnish national carrier said on Monday in a new strategy to solve its profit...
Syndicated Content Sep 07, 2022
Analysis-UK heads for return to “trickle-down” economics under low-tax Truss
By William Schomberg LONDON (Reuters) - New British Prime Minister Liz Truss and her finance minister Kwasi Kwarteng look set to revive Margaret Thatcher's 1980s experiment in "trickle-down" low-tax e...
Syndicated Content Sep 07, 2022
Murmurs of ‘sterling crisis’ no longer fanciful: Mike Dolan
By Mike Dolan LONDON (Reuters) - Even though fears of another "sterling crisis" have been wide of the mark for decades, they are harder to bat away this time around as a fourth British prime minister ...
Syndicated Content Sep 07, 2022
Japan’s ex-FX diplomat: No need for intervention to back yen
By Tetsushi Kajimoto and Takaya Yamaguchi TOKYO (Reuters) - Japan need not intervene in the exchange-rate market to stem yen falls, as such a move would be ineffective in countering broad dollar gains...
Syndicated Content Sep 07, 2022
Vietnam central bank lifts cap on credit growth for some banks
HANOI (Reuters) - The State Bank of Vietnam (SBV) said on Wednesday it has raised caps on credit growth for some banks this year, based on their latest operational results, market developments and pro...
Syndicated Content Sep 07, 2022
China to name Zhang Qingsong as vice governor of central bank -Caixin
(This Aug 24 story corrects spelling of Export-Import Bank of China in fourth paragraph) BEIJING (Reuters) - China is set to name Zhang Qingsong as a vice governor of the central bank, financial magaz...
Syndicated Content Sep 07, 2022
Thai central bank to hike rates gradually to contain inflation – chief
By Orathai Sriring and Satawasin Staporncharnchai BANGKOK (Reuters) - Thailand's central bank will raise interest rates gradually to curb inflation and ensure a smooth recovery as the economy is expec...
Syndicated Content Sep 07, 2022
Sri Lanka says U.S. will support its debt restructuring effort
COLOMBO (Reuters) - The United States will support the restructuring of Sri Lanka's debt and extend financing assurances, the media office of the crisis-hit island nation's president said on Wednesday...
Syndicated Content Sep 07, 2022
Indonesia raises fares for app-based motorbike transport after fuel price hike
JAKARTA (Reuters) - Indonesia's Transport Ministry has raised fares for app-based motorbike transport services to account for the recent fuel price hike, senior official Hendro Sugiatno said on Wednes...
Syndicated Content Sep 07, 2022
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