Author Archives: Syndicated Content
Trial of Blatter, Platini over corrupt soccer payments begins
By John Revill BELLINZONA, Switzerland (Reuters) - The trial of former FIFA president Sepp Blatter and French footballing legend Michel Platini over alleged corrupt payments began in Switzerland on We...
Jun 08, 2022
Traders price in 75 bps of ECB rate hikes by September
(Corrects paragraph 9 to say spread rose above 220 bps earlier this week, not on Tuesday) By Yoruk Bahceli (Reuters) - Money markets ramped up their bets on European Central Bank (ECB) interest rate r...
Jun 08, 2022
Inflation, robust China growth key factors for Singapore outlook – survey
SINGAPORE (Reuters) - Inflation is the biggest downside risk for Singapore's economy this year but recovery in China and a broader global travel resumption will support the city-state's growth, a cent...
Jun 08, 2022
Philippine banana growers plead for Japanese consumers to bear price hikes
TOKYO (Reuters) - The Philippines on Wednesday appealed directly to consumers in its top export market Japan to pay higher prices for imported bananas to help shoulder a surge in production costs. Pri...
Jun 08, 2022
Fed hikes won’t sway dollar unless pace much faster than forecast-BOJ’s Kuroda
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said dollar moves may not be affected much by U.S. interest rate hikes unless the pace is much faster than expected, according to a recording o...
Jun 08, 2022
World Bank approves $1.49 billion in support for Ukraine – PM
KYIV (Reuters) - The World Bank has approved $1.49 billion in financial support for Ukraine to help pay wages for social workers and civil servants, Ukrainian Prime Minister Denys Shmygal said on Wedn...
Jun 08, 2022
China hails “iron-clad” Cambodia ties as work begins on naval base
PHNOM PENH (Reuters) - A Chinese official said on Wednesday an "iron-clad partnership" with Cambodia was bolstered by military cooperation, as work began on a China-funded upgrade of Cambodia's bigges...
Jun 08, 2022
Care homes group Korian’s shares fall on signs of new legal pressures
PARIS (Reuters) - Shares in French care homes operator Korian fell on Wednesday after the Le Parisien newspaper reported that Korian could face further legal complaints over the way it handles its car...
Jun 08, 2022
Former Afghan minister returns to Kabul at Taliban invitation
By Mohammad Yunus Yawar KABUL (Reuters) - A former Afghan minister, who fled as the Taliban took over Afghanistan last year, returned on Wednesday, officials said, following security assurances given ...
Jun 08, 2022
Beijing’s drive for looser lending raises fears of bank margin squeeze
SHANGHAI (Reuters) - Beijing's mandate to aid virus-hit sectors has left China's banking sector lagging behind a broader market rally as the economy reopens, with investors fearful a cash splash by le...
Jun 08, 2022
