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China central bank warns of default risks after climate stress test
SHANGHAI (Reuters) - China's banks face rising default risks as a result of higher climate-related costs in carbon-intensive sectors like thermal power, steel and cement, Liu Guiping, vice governor of...
Syndicated Content Feb 18, 2022
Singapore announces 2022 budget proposals
(Reuters) - Following are some excerpts taken from Singapore's 2022 budget proposals announced by Finance Minister Lawrence Wong to parliament on Friday. SUPPORT PACKAGES - "While the overall outlook ...
Syndicated Content Feb 18, 2022
Fund managers predict volatile first half for risk assets
By Divya Chowdhury MUMBAI (Reuters) - Uncertainty over the pace of monetary policy will mean a volatile first half for risk assets followed by an upward path for equities in the second half of the yea...
Syndicated Content Feb 18, 2022
Allianz CEO cites progress in settlement but will take bonus hit
FRANKFURT (Reuters) - Allianz Chief Executive Oliver Baete said that the company reached a settlement with major U.S. investors over lawsuits resulting from the collapse of a multi-billion-euro set of...
Syndicated Content Feb 18, 2022
Illinois highway shut after 100-car pile-up during snowstorm
(Reuters) - A pile-up involving more than 100 vehicles closed a portion of an interstate highway in Illinois on Thursday amid a snowstorm, according to state police and video posted on social media. P...
Syndicated Content Feb 18, 2022
China Orient Asset Management gets approval to issue bonds to resolve risks in property sector
SHANGHAI (Reuters) - China Orient Asset Management said on Friday it was approved to issue up to 10 billion yuan bonds in China's interbank bond market to resolve risks in the property sector. China O...
Syndicated Content Feb 18, 2022
Singapore Finance Minister announces $372 million jobs support package
SINGAPORE (Reuters) - Singapore's Finance Minister Lawrence Wong announced a S$500 million ($372 million) package to support jobs and businesses as part of his budget proposals on Friday. Singapore's ...
Syndicated Content Feb 18, 2022
Malaysia’s January exports rise 23.5% on-year
KUALA LUMPUR (Reuters) - Malaysia's exports rose 23.5% from a year earlier in January, government data showed on Friday. Imports in January grew 26.5% year-on-year, while the trade surplus for the mon...
Syndicated Content Feb 18, 2022
Exclusive-India makes record U.S. soyoil purchases as drought parches South America
By Rajendra Jadhav MUMBAI (Reuters) - Indian traders have contracted to import a record 100,000 tonnes of soyoil from the United States because of limited supplies from drought-hit South America, at a...
Syndicated Content Feb 18, 2022
Container ship carrying Volkswagen vehicles catches fire near Azores
BERLIN/LISBON (Reuters) - A container ship carrying a number of Volkswagen Group vehicles from Germany to the United States caught fire near the coast of Portugal's Azores islands on Wednesday evening...
Syndicated Content Feb 18, 2022

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