Category Archives:
Take Five: Interest rate lift-off ahead
LONDON (Reuters) - Below are five events and themes likely to dominate global financial markets next week. 1/ READY, STEADY, GO New Zealand's central bank meets on Wednesday and looks set to become th...
Syndicated Content Aug 13, 2021
Malaysia central bank slashes 2021 growth outlook on COVID-19 surge, lockdowns
By A. Ananthalakshmi and Mei Mei Chu KUALA LUMPUR (Reuters) - Malaysia's economy expanded more quickly than expected on an annual basis in the second quarter, but the central bank slashed its 2021 gro...
Syndicated Content Aug 13, 2021
European stocks set for fourth week of gains
(Reuters) - European stocks scaled new highs on Friday and were on track for their fourth consecutive week of gains on optimism over a strong earnings season and steady recovery from the pandemic-led ...
Syndicated Content Aug 13, 2021
Bouncing back from losses, Japan’s refiners face pandemic stress again
By Aaron Sheldrick TOKYO (Reuters) - Japan's major oil refiners have recovered from last year's steep losses with all reporting a profit for the April-June quarter, but they continue to face headwinds...
Syndicated Content Aug 13, 2021
Decline and near fall of Italy’s Monte dei Paschi, the world’s oldest bank
MILAN (Reuters) - Four years after spending 5.4 billion euros ($6.3 billion) to rescue it, Rome is in talks to sell Monte dei Paschi to UniCredit and cut its 64% stake in the Tuscan bank. Here is a ti...
Syndicated Content Aug 13, 2021
Italy’s problem bank casts shadow over Draghi’s summer break
By Silvia Ognibene, Valentina Za and Gavin Jones SIENA (Reuters) - When Italian Prime Minister Mario Draghi returns from his brief summer break one of the thorniest items on his "to do" list will be f...
Syndicated Content Aug 13, 2021
Marketmind: Muddied Waters
A look at the day ahead from Saikat Chatterjee. Investors can be forgiven for being nonplussed on the data front this week. A day after U.S. consumer inflation data showed early signs of price pressur...
Syndicated Content Aug 13, 2021
Drumbeat grows louder for BHP to exit petroleum
By Sonali Paul and Melanie Burton MELBOURNE (Reuters) - Expectations are growing that BHP Group Ltd will deliver a verdict on the future of its petroleum business at its results next week, as it comes...
Syndicated Content Aug 13, 2021
Credit Suisse proposes adding two risk experts to its board
ZURICH (Reuters) - Credit Suisse wants to appoint two risk experts to its non-executive board, Switzerland's second biggest bank said on Friday, as it seeks to repair the damage caused by the Archegos...
Syndicated Content Aug 13, 2021
OPEC+ supply boost unlikely despite call from U.S. for more oil, says Goldman
(Reuters) - U.S. investment bank Goldman Sachs said a recent call by the United States to OPEC+ to boost oil output is unlikely to result in higher production over the short-term given the threat to d...
Syndicated Content Aug 13, 2021
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