Author Archives: Syndicated Content
Global regulators back ‘same risk, same regulation’ for stablecoins
By Huw Jones LONDON (Reuters) - Major stablecoins must comply with the same safeguards as traditional forms of payments, global regulators said on Wednesday, tightening controls over a battered crypto...
Jul 13, 2022
EU edges closer to ending ‘too-big-to-fail’ banks by 2024
By Huw Jones LONDON (Reuters) - The European Union's body for dismantling failed banks said on Wednesday it would ratchet up pressure on lenders over the coming months to bolster their defences so tha...
Jul 13, 2022
Biden en route to Israel for high-stakes Middle East visit
By Steve Holland ABOARD AIR FORCE ONE (Reuters) - U.S. President Joe Biden arrives in Israel on Wednesday to kick off a high-stakes trip to the Middle East dominated by efforts to persuade Gulf allies...
Jul 13, 2022
Chinese cities break heat records, weather extremes to persist
BEIJING (Reuters) - Several Chinese cities broke new records for high temperatures on Tuesday as scorching heat and contrasting relentless rains wreaked havoc, with local forecasters expecting the wea...
Jul 12, 2022
Asian shares bounce, markets on edge ahead of U.S. inflation data
By Alun John (Reuters) - Asian stocks gained on Wednesday, taking back some of their recent losses, while the euro hovered just above parity against the dollar ahead of a highly anticipated U.S. infla...
Jul 12, 2022
South Korea presidential office denounces 2019 repatriation of N.Korean fishermen-Yonhap
SEOUL (Reuters) - South Korea's presidential office denounced on Wednesday the 2019 repatriation of North Korean fishermen suspected of killing 16 of their shipmates under the previous Moon Jae-in adm...
Jul 12, 2022
Pacific island leaders welcome U.S. pledge to triple funding for region
By Kirsty Needham SYDNEY (Reuters) - Pacific island leaders welcomed a pledge by the United States to triple aid to the region to combat illegal fishing, enhance maritime security and tackle climate c...
Jul 12, 2022
China’s foreign trade faces instabilities and uncertainties: customs official
BEIJING (Reuters) - China's foreign trade still faces instabilities and uncertain factors even as trade growth in May and June reversed the declining trend in April, said Li Kuiwen, a spokesman for th...
Jul 12, 2022
Kishida support edges up post-election, but hurdles linger for agenda
TOKYO (Reuters) - Support for the government of Japanese Prime Minister Fumio Kishida edged up in the wake of his ruling party's election win, but hurdles remain for key parts of his agenda, including...
Jul 12, 2022
RBNZ raises cash rate by 50 basis points
WELLINGTON (Reuters) - New Zealand's central bank raised interest rates by 50 basis points to 2.50% on Wednesday, its sixth rate hike in a row in an effort to get on top of inflation. Twenty of the 22...
Jul 12, 2022
