Author Archives: Syndicated Content
Yellen sees some use for forex intervention, but not for competitive advantage
NUSA DUA, Indonesia (Reuters) - Emerging markets and low-income countries may benefit in some cases from capital flow management and foreign exchange intervention, but should not use such tools to gai...
Jul 15, 2022
Saipem shares fall below cash call issue price as banks prepare for stake sale
MILAN (Reuters) - Shares in Italy's Saipem on Friday dropped below the issue price for new stock in a cash call that fell short of the 2 billion euro ($2.01 billion) target the energy services firm wa...
Jul 15, 2022
Italy left in political limbo, early election beckons
By Crispian Balmer and Giuseppe Fonte ROME (Reuters) - Italy might need early elections to overcome a political impasse, government officials said on Friday, after Prime Minister Mario Draghi tendered...
Jul 15, 2022
Volkswagen China CEO: goal to more than double ID EV sales this year looks “promising”
SHANGHAI/BEIJING (Reuters) - Volkswagen's China chief said it "looks promising" for sales of its ID electric vehicles to more than double this year as the German carmaker ramps up electrification effo...
Jul 15, 2022
Indonesia calls for G20 joint ministerial forum to tackle food crisis
By Fransiska Nangoy and Stefanno Sulaiman NUSA DUA, Indonesia (Reuters) - Indonesian Finance Minister Sri Mulyani Indrawati on Friday called for a joint forum involving G20 finance and agriculture min...
Jul 15, 2022
South Korea forcibly deported only two of 200 North Korean fishermen since 2010 – ministry
By Hyonhee Shin SEOUL (Reuters) - South Korea has repatriated nearly 200 North Koreans who came to the South via the sea border since 2010 but two fishermen sent back in 2019 were deported against the...
Jul 15, 2022
World Bank chafes at lower capital requirements recommended in G20 report – sources
By Andrea Shalal and Stefanno Sulaiman NUSA DUA, Indonesia (Reuters) - The World Bank is seeking to block release of a report prepared for the Group of 20 major economies that calls for lowering the b...
Jul 15, 2022
Biden pledges $100 million for Palestinian hospitals in East Jerusalem
JERUSALEM (Reuters) - U.S. President Joe Biden on Friday pledged an additional $100 million to support hospitals in East Jerusalem as part of a multiyear commitment aimed at helping Palestinian health...
Jul 15, 2022
China will agree to $4 billion aid ‘at some point’ – Bloomberg News
(Reuters) - Sri Lanka is continuing negotiations with China for as much as $4 billion in aid and is confident Beijing will agree "at some point," Bloomberg News reported on Friday, citing Sri Lanka's ...
Jul 15, 2022
EU to adopt on Friday new Russia sanctions, legal tweaks to avert food shortages – sources
BRUSSELS (Reuters) - The European Commission is set to adopt on Friday its seventh package of sanctions against Russia, which will add a ban to the import of Russian gold and tweak existing restrictiv...
Jul 15, 2022
