Category Archives:
Japan says balanced budget ‘in sight’ with favourable conditions
TOKYO (Reuters) - Japan could achieve a primary budget surplus in fiscal 2026 assuming a rosy scenario for economic growth, the government projected on Friday, but added deficits could continue for a ...
Jan 13, 2022
Asian shares fall on Fed officials’ hawkish policy stance
By Daniel Leussink TOKYO (Reuters) - Asian shares took a beating on Friday after a fresh salvo of hawkish remarks from Federal Reserve officials solidified expectations that U.S. interest rates could ...
Jan 13, 2022
Explainer-A hefty to-do list awaits Fed’s next regulatory chief Raskin
By Pete Schroeder WASHINGTON (Reuters) - Former U.S. Federal Reserve governor Sarah Bloom Raskin, who will be nominated to run the Fed's regulation file, according to a source with knowledge of the ma...
Jan 13, 2022
Citigroup reaches 99% compliance on U.S. staff vaccine mandate
(Reuters) - About 99% of Citigroup Inc's staff in the United States have complied with the company's COVID-19 vaccine requirements, the bank's Head of Human Resources Sara Wechter said in a LinkedIn p...
Jan 13, 2022
Factbox-Cook, Jefferson, Raskin tapped for Fed board seats
(Reuters) - U.S. President Joe Biden has picked Lisa Cook and Philip Jefferson to fill seats on the Federal Reserve's Board of Governors, two Black economists whose appointments would bring a historic...
Jan 13, 2022
Factbox-Trump’s Fed eased bank rules. Now what can Democrats roll back?
By Pete Schroeder (Reuters) - Under Republican leadership appointed by former President Donald Trump, the U.S. Federal Reserve eased a raft of bank rules and requirements introduced following the 2007...
Jan 13, 2022
Raskin Fed nomination would put Wall Street on notice
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) - U.S. President Joe Biden's decision to nominate Sarah Bloom Raskin to lead regulation and supervision at the Federal Reserve will put a prog...
Jan 13, 2022
China’s 2021 trade surplus with U.S. at $396.58 billion
BEIJING (Reuters) - China's trade surplus with the United States was $39.23 billion in December and $396.58 billion for the whole of 2021, data from China's General Administration of Customs showed on...
Jan 13, 2022
Oil eases as investors eye U.S. oil release, China demand concerns
By Florence Tan SINGAPORE (Reuters) - Oil prices eased for a second session on Friday on growing concerns that Washington may soon act to cool prices, while movement controls in China to rein in a COV...
Jan 13, 2022
Canada opens probe into Tesla’s heating system following consumer complaints
By Hyunjoo Jin San Francisco (Reuters) - Canada's auto safety regulator said on Thursday it has opened an investigation into the heating system of Tesla Model 3 and Model Y vehicles following 16 consu...
Jan 13, 2022
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