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Monetary policy in Poland should stay restrictive, say MPC members
WARSAW (Reuters) - Polish central banker Joanna Tyrowicz said monetary policy should remain restrictive until net inflation and wages converge to levels consistent with the inflation target. "As long ...
Syndicated Content Mar 29, 2023
Cost-of-living hit compounds UK gambling problems, charity warns
LONDON (Reuters) - Some Britons with gambling problems have used betting shops as a way to keep warm and have wagered their state benefits in an attempt to cover their bills as the cost-of-living cris...
Syndicated Content Mar 29, 2023
Instant view: Sergio Ermotti makes surprise comeback to lead UBS into new era
LONDON (Reuters) - Veteran investment banker Sergio Ermotti is returning take the top job at UBS, replacing Ralph Hamers who succeeded him in late 2020, as the Swiss lender prepares for the mammoth ta...
Syndicated Content Mar 29, 2023
Column-Shadow bank boxing as money funds drain deposits :Mike Dolan
By Mike Dolan LONDON (Reuters) - Cash-like money funds could increasingly suck deposits from smaller U.S. banks until lagging bank savings rates are finally forced up to compete while the Federal Rese...
Syndicated Content Mar 29, 2023
German consumer morale slows down on path to recovery – GfK
BERLIN (Reuters) - German consumer sentiment is set to nudge up in April as energy prices have relented somewhat from record highs, though a full recovery is not in sight anytime soon, showed a GfK in...
Syndicated Content Mar 29, 2023
Banking turmoil means recession fears are creeping back
(Reuters) - The failures of U.S. lenders Silicon Valley Bank (SVB) and Signature Bank, followed by Credit Suisse's rescue, and the ensuing turmoil in world markets have re-ignited the recession risks ...
Syndicated Content Mar 29, 2023
SK Hynix to seek further exemption from US chip curbs against China -CEO
SEOUL (Reuters) - South Korea's SK Hynix Inc will ask the United States for a year's further exemption from chip curbs against China, the chief executive of the world's No. 2 maker of memory chips sai...
Syndicated Content Mar 29, 2023
SoftBank shares jump on Alibaba split-up plans
TOKYO (Reuters) - Shares in SoftBank Group Corp soared on Wednesday after Chinese e-commerce conglomerate Alibaba Group, in which the Japanese technology investor has a 13.7 % stake, announced a major...
Syndicated Content Mar 29, 2023
UBS turns to ex-CEO Ermotti to steer Credit Suisse takeover
By John Revill (Reuters) -UBS Group AG named former boss Sergio Ermotti as its next chief executive officer on Wednesday, in a surprise move designed to help steer its massive takeover of neighbour Cr...
Syndicated Content Mar 29, 2023
China’s green loans exceed $3.2 trln, central bank chief says
BOAO, China (Reuters) - China's outstanding green loans currently exceed 22 trillion yuan ($3.2 trillion), accounting for about 10% of the country's total loan balance, People's Bank of China Governor...
Syndicated Content Mar 29, 2023
Peoria, IL, USA
60 °F Partly cloudy
