Author Archives: Syndicated Content
UBS: takeover of Credit Suisse to close as early as June 12
By John Revill ZURICH (Reuters) - UBS said on Monday it will complete its takeover of Credit Suisse "as early as June 12", creating a giant Swiss bank with a balance sheet of $1.6 trillion following a...
Jun 05, 2023
Two drones fall on highway in Russia’s Kaluga region – governor
(Reuters) - Two drones fell on a highway in Russia's Kaluga region that borders with the Moscow region to its north, with the local governor saying on Monday there was no detonation of explosives. "Th...
Jun 05, 2023
Marketmind: Hawkish pause for thought?
A look at the day ahead in European and global markets from Kevin Buckland: All eyes are on interest rates to start the week, in Europe as well as the United States. Chris Weston, head of research at ...
Jun 05, 2023
Trains cross site of Indian rail disaster as services resume
By Jatindra Dash BAHANAGA, India (Reuters) - Resuming services just over two days after India's deadliest rail crash in more than two decades, trains crossed the disaster spot in eastern Odisha state ...
Jun 05, 2023
Bangladesh power cuts may last two more weeks on fuel shortages
By Ruma Paul DHAKA (Reuters) - Bangladesh could face power cuts for two more weeks, its power minister said late on Sunday, as higher electricity consumption because of rising temperatures has caused ...
Jun 05, 2023
Indonesia inflation returns to central bank target range in May
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) - Indonesia's annual inflation rate eased to 4% in May, matching the upper end of the central bank's target range earlier than expected, data ...
Jun 05, 2023
US banks could face 20% boost to capital requirements – WSJ
(Reuters) - U.S. regulators are preparing to force large banks to shore up their financial footing, the Wall Street Journal reported on Monday, to help boost the resilience of the system after a spate...
Jun 05, 2023
Barclays Private Bank makes senior appointments in Singapore – statement
SINGAPORE (Reuters) - Barclays Private Bank said on Monday it has made two senior appointments in its Singapore office in a move to tap into the influx of wealth and growth of family offices in the ci...
Jun 05, 2023
Turkish lira slips despite appointment of well-regarded finance minister
(Reuters) - Turkey's lira slid almost 1% on Monday in thin trading during the Asian day to weaken past 21 per dollar, in a shaky initial reaction to the appointment of highly-regarded Mehmet Simsek as...
Jun 05, 2023
Forever in debt: Why U.S. loans are getting longer
By Chris Taylor NEW YORK (Reuters) - Consumers facing high asset prices and rising interest rates have a few loan options. None are particularly attractive. Buyers of homes or new cars might be better...
Jun 05, 2023
