Author Archives: Syndicated Content
India’s RBI intervening in NDF market, monitoring rupee positions – traders
By Nimesh Vora MUMBAI (Reuters) - The Reserve Bank of India has been selling dollars in the non-deliverable forward (NDF) market via local banks based in India's GIFT City International Financial Serv...
Oct 07, 2022
Erdogan and Putin discuss improving ties, ending Ukraine war -Turkish readout
ISTANBUL (Reuters) -Turkish President Tayyip Erdogan spoke by phone with Russian counterpart Vladimir Putin about improving bilateral ties and he repeated Ankara's willingness to do its part to peacef...
Oct 07, 2022
Migrants face tougher times in Meloni’s Italy
By Crispian Balmer ROME (Reuters) - Life is tough for asylum seekers in Italy - most are denied refugee status, barred from legal employment and, polls suggest, face discrimination. Now things look se...
Oct 07, 2022
Taiwan Sept exports drop for first time in two years, outlook poor
TAIPEI (Reuters) - Taiwan's exports fell in September for the first time in more than two years on weakness in demand in major market China and stagnant consumer spending even as chip demand held up, ...
Oct 07, 2022
Malaysia allocates $1.7 billion in cash aid for low-income households
KUALA LUMPUR (Reuters) - Malaysia has allocated 7.8 billion ringgit ($1.68 billion) in cash aid for low-income households and individuals, Finance Minister Tengku Zafrul Abdul Aziz said on Friday in h...
Oct 07, 2022
Austria’s WIFO slashes 2023 GDP forecast, warns of stagflation
BERLIN (Reuters) - Austria's WIFO institute slashed its 2023 forecast on Friday, saying record inflation rates resulting from the war in Ukraine are steering the economy towards stagflation. Austrian ...
Oct 07, 2022
Hong Kong forex reserves at $419.2 billion at end-Sept – HKMA
Oct 7 (Reuters) - Hong Kong's official foreign currency reserve assets stood at $419.2 billion at end-September, the Hong Kong Monetary Authority said on Friday, down 2.9 percent from $431.8 billion a...
Oct 07, 2022
Indian bikemaker Hero MotoCorp launches first electric scooter worldwide
NEW DELHI (Reuters) - Indian bikemaker Hero MotoCorp launched its first electric scooter worldwide on Friday, as it looks to catch up with newer firms who have taken the lead in the country's clean mo...
Oct 07, 2022
Norway inspects subsea gas pipeline after Nord Stream blasts
By Nerijus Adomaitis and Ron Bousso OSLO (Reuters) -Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month o...
Oct 07, 2022
Lithuania’s Nauseda: Need to build strong deterrence to keep Kremlin at bay
(Corrects typo in headline) PRAGUE (Reuters) - The West must build strong deterrence in its support of Ukraine to make sure that Russia does not want to risk expanding the war, Lithuania's president G...
Oct 07, 2022
