Author Archives: Syndicated Content
Data confirms UK economy went into recession last year
LONDON (Reuters) - Official figures published on Thursday confirmed Britain's economy entered a recession in the second half of last year. Gross domestic product shrank by 0.1% in the third quarter an...
Mar 28, 2024
ADB forecasts low productivity growth in China despite industrial push
BOAO, China (Reuters) - China will have relatively low productivity growth despite its industrial policy push, and property risks and economic imbalances are still substantial, Albert Park, Chief Econ...
Mar 28, 2024
Keysight agrees to buy Britain's Spirent for $1.5 billion
(Reuters) - U.S.-based Keysight Technologies will buy Spirent Communications in an all-cash deal, valuing the British telecommunications testing firm at 1.16 billion pounds ($1.46 billion), both compa...
Mar 28, 2024
Explainer-What would Japanese intervention to boost a weak yen look like?
By Leika Kihara TOKYO (Reuters) - Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as traders drive down the currency on expectations that any further in...
Mar 28, 2024
Pakistan benchmark share index hits record high, IMF cheer continues
KARACHI (Reuters) - Pakistan's benchmark index touched an all-time high on Thursday, extending a rally following a staff level agreement with the International Monetary Fund earlier this month to free...
Mar 28, 2024
Ukraine destroys 26 Russian drones in latest overnight strike
KYIV (Reuters) - Ukrainian forces shot down 26 out of 28 attack drones launched overnight by Russia, Kyiv's military said on Thursday. The Iranian-made drones were destroyed over parts of eastern, sou...
Mar 28, 2024
UBS looks to keep, grow shipping loans in post-merger green overhaul
By Simon Jessop LONDON (Reuters) - UBS will look to increase lending to the shipping sector and run off some loans to fossil fuel clients inherited from Credit Suisse, executives told Reuters, in the ...
Mar 28, 2024
UBS reports 14.4 million Swiss francs for CEO Ermotti in 2023
ZURICH (Reuters) -UBS on Thursday said its CEO Sergio Ermotti picked up 14.4 million Swiss francs in 2023 after taking over the Swiss bank's helm for a second bout following its takeover of former riv...
Mar 28, 2024
History of Japan's intervention in currency markets
TOKYO (Reuters) - Japanese authorities held an emergency meeting this week to discuss the weak yen and suggested they were ready to intervene in the market to stop what they described as disorderly an...
Mar 28, 2024
Markets in Q1: the wild ride towards rate cuts
By Naomi Rovnick and Karin Strohecker LONDON (Reuters) - Global bond and equity markets are ending the first quarter on a high note, with investors poised for more wild swings ahead after months of th...
Mar 28, 2024
