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Singapore unexpectedly leaves monetary policy unchanged as risks grow
SINGAPORE (Reuters) -Singapore's central bank on Friday left its monetary policy settings unchanged, reflecting the city-state's concerns about its growth outlook and surprising economists who had exp...
Syndicated Content Apr 14, 2023
UAE confirms to IMF support of $1 billion to Pakistan – finance minister
ISLAMABAD (Reuters) -The United Arab Emirates has confirmed to the International Monetary Fund that it will provide support of $1 billion to Pakistan, the South Asian country's finance minister said o...
Syndicated Content Apr 14, 2023
Tesla sets up new-energy firm in Shanghai with $2 million registered capital -Tianyancha
BEIJING (Reuters) - Tesla Inc has set up a new-energy company in Shanghai with registered capital of $2 million, according to Tianyancha, a company information data provider. (Reporting by Beijing new...
Syndicated Content Apr 14, 2023
TomTom’s Q1 revenue beats estimates driven by location tech
(Reuters) - Dutch navigation and digital mapping company TomTom on Friday reported better-than-expected revenue for the first quarter of 2023, saying its location technology business was gaining momen...
Syndicated Content Apr 14, 2023
Tesla cuts prices of Model 3 and Model Y vehicles in Singapore
SINGAPORE (Reuters) - Tesla Inc has cut prices of its Model 3 and Model Y vehicles in Singapore between 4.3% and 5%, its website showed on Friday. The U.S. electric vehicle maker has been cutting pric...
Syndicated Content Apr 14, 2023
Brands look to China’s tropical duty free island paradise for consumer comeback
By Casey Hall HAIKOU, China (Reuters) -Representatives of over 3,000 brands including Burberry and Estee Lauder descended on China's Hainan this week to show off their latest wares, hoping to cash in ...
Syndicated Content Apr 14, 2023
European exchanges’ defensive appeal attracts investors after bank turmoil
By Danilo Masoni and Samuel Indyk MILAN/LONDON (Reuters) - European exchange stocks stand to benefit from a spike in volatility surrounding the downfall of Credit Suisse, as some investors turn toward...
Syndicated Content Apr 14, 2023
ECB needs more rate hikes and faster balance sheet cuts, Wunsch says
By Balazs Koranyi WASHINGTON (Reuters) - The European Central Bank should speed up the reduction of its balance sheet and could stop reinvesting cash from debt maturing in its largest bond buying sche...
Syndicated Content Apr 14, 2023
Analysis-U.S. leaks show clash between ‘need to know’ vs ‘need to share’
By Jonathan Landay, Idrees Ali and Arshad Mohammed WASHINGTON (Reuters) - The latest U.S. intelligence leak illustrates a paradox of spycraft: keeping secrets means limiting their distribution but pro...
Syndicated Content Apr 14, 2023
Marketmind: Singapore signals a peak for policy tightening
A look at the day ahead in European and global markets from Wayne Cole. Singapore's central bank sprang the surprise of the Asian day by halting its tightening cycle when markets had expected a sixth ...
Syndicated Content Apr 13, 2023

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