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S.Korea’s Yoon, Biden expected to discuss currency swap -Yonhap
SEOUL (Reuters) - South Korean President Yoon Suk-yeol and his U.S. counterpart, Joe Biden, are expected to discuss a currency swap, the Yonhap news agency said on Friday, quoting a senior official of...
Syndicated Content Sep 16, 2022
Germany puts Rosneft refinery unit under trusteeship
BERLIN (Reuters) -Germany put the German subsidiary of Russian oil giant Rosneft under trusteeship on Friday, handing control of the PCK refinery in Schwedt, a key source of fuel for Berlin, to the fe...
Syndicated Content Sep 16, 2022
Analysis-‘It’s a car with broken brakes’: investors see unrelenting yen descent
By Kevin Buckland and Rae Wee TOKYO/SINGAPORE (Reuters) - Japan's threats of currency intervention might slow but not stop the yen from hurtling towards three-decade lows before the year end, market a...
Syndicated Content Sep 16, 2022
Greater China-focused hedge funds showing biggest net outflows in 15 years
By Summer Zhen HONG KONG (Reuters) - Hedge funds that invest in Greater China are showing their biggest net fund outflows in at least 15 years, according to data for the first seven months of 2022, as...
Syndicated Content Sep 16, 2022
Dealmakers, investors descend on Singapore for high-profile conferences
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) - Dealmakers, fund managers and CEOs are flocking to Singapore for a slew of high-profile conferences this month, as the city-state burnishes i...
Syndicated Content Sep 16, 2022
Marketmind: Unstoppable dollar
A look at the day ahead in European and global markets from Anshuman Daga Disagreement over interest rate increases is discernible. Two ECB policymakers gave diverging views about the size of future r...
Syndicated Content Sep 16, 2022
China’s Evergrande starts mass production of first EV model
SHANGHAI (Reuters) - China Evergrande Group said its electric vehicle (EV)unit started mass production of the Hengchi 5 model at a plant in the northern city of Tianjin on Friday. Delivery of the firs...
Syndicated Content Sep 15, 2022
Analysis-U.S. SEC draft rules could boost resilience of $24 trillion Treasury market
By Karen Brettell (Reuters) - Proposed rules by the U.S. Securities and Exchange Commission (SEC) to boost central clearing in Treasuries could help to shore up resiliency in the $24 trillion market a...
Syndicated Content Sep 15, 2022
Japan August core inflation seen hitting near 8-year high – Reuters poll
TOKYO (Reuters) - Japan's core consumer inflation rate likely rose to a near eight-year high in August as companies passed on rising raw material costs fuelled by the weak yen, highlighting persistent...
Syndicated Content Sep 15, 2022
U.S. SEC’s crypto guidelines push up costs for lenders, disrupting projects
By Hannah Lang and Michelle Price WASHINGTON (Reuters) - Banks' cryptocurrency projects have been upended by U.S. Securities and Exchange Commission (SEC) accounting guidance that would make it too ca...
Syndicated Content Sep 15, 2022
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