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ECB’s Rehn says investigation for digital euro to conclude in October 2023
HELSINKI (Reuters) - The investigation phase for a possible digital euro currency is expected to be concluded in October 2023, Finnish ECB policymaker Olli Rehn said on Tuesday. After the investigatio...
Syndicated Content Aug 24, 2022
Pandemic sets back Asia-Pacific’s poverty fight by 2 years – ADB
MANILA (Reuters) - The pandemic has set back the fight against poverty in the Asia-Pacific region by at least two years, and many nations will find it harder to escape poverty, the Asian Development B...
Syndicated Content Aug 24, 2022
Analysis-‘New shock’ for European markets as gas price spike fuels inflation fears
By Tommy Wilkes, Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) - Another dramatic spike in natural gas prices appears to have ended any hopes that Europe's inflation battle is set to ease, with ...
Syndicated Content Aug 24, 2022
Marketmind: No respite from the R word
A look at the day ahead in European and global markets from Anshuman Daga Recession worries are once again haunting markets. With euro zone business activity contracting for a second straight month in...
Syndicated Content Aug 24, 2022
Investors see no Fed pivot, brace for hawkish Powell message in Jackson Hole
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Investors are bracing for the Federal Reserve to double down on its commitment to crushing inflation, and expect its chair Jerome Powell at the annual ...
Syndicated Content Aug 24, 2022
Central bankers head to U.S. mountains with a bad case of inflation reflux
By William Schomberg and Balazs Koranyi LONDON/FRANKFURT (Reuters) - This time last year, the world's biggest central banks were united in getting the inflation story wrong. Now, as top policymakers g...
Syndicated Content Aug 24, 2022
Factbox-Asia’s richest man Adani on deals spree in India, abroad
NEW DELHI (Reuters) - Indian billionaire Gautam Adani, Asia's richest man, is making his biggest media bet with a bid to buy a majority stake in New Delhi Television (NDTV). Adani's coal-to-edible-oil...
Syndicated Content Aug 24, 2022
Singapore financial regulator imposes $9 million fine on commodity trader Noble Group
(Reuters) - Commodity trader Noble Group Ltd will pay a S$12.6 million ($9.03 million) penalty for releasing 'misleading' information in its financial statements between 2012 and 2016, the Monetary Au...
Syndicated Content Aug 23, 2022
India’s NDTV rises 5% as Adani unit looks to buy out
BENGALURU (Reuters) - Shares of India's NDTV Ltd rose as much as 4.99% to their highest in 14 years, a day after billionaire Gautam Adani's conglomerate said it seeks to control a majority stake in th...
Syndicated Content Aug 23, 2022
Chinese battery giant CATL posts strong Q2 profit on robust EV sales
SHANGHAI (Reuters) - CATL, the world's largest electric vehicle (EV) battery manufacturer, more than doubled its profit in the second quarter as Chinese authorities rolled out incentives to boost EV s...
Syndicated Content Aug 23, 2022
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