Author Archives: Syndicated Content
Japan’s Nomura completes unwinding of positions related to U.S. client
TOKYO (Reuters) - Japan's Nomura Holdings Inc said on Tuesday it has completed unwinding of positions related to a U.S. client and will book a loss of about $600 million in the April-June quarter from...
May 18, 2021
BaFin vows closer look at business models in wake of scandals
FRANKFURT (Reuters) - Germany's financial regulator BaFin on Tuesday vowed to look more closely at the business models of the companies it oversees in the wake of collapse of Wirecard and Greensill Ba...
May 18, 2021
ECB’s Villeroy plays down inflation risks, says ECB policy should stay very accommodative
PARIS (Reuters) - European Central Bank policymaker Francois Villeroy de Galhau said on Tuesday that he did not think there was "any risk of a durable return of inflation" in the euro zone, and that t...
May 18, 2021
Cryptocurrencies command ‘Kimchi Premium’ in S.Korea due to capital flow controls – BofA
By Cynthia Kim SEOUL (Reuters) - Cryptocurrencies like Bitcoin in South Korea carry a hefty premium over international prices due to capital flow controls aimed at curbing cross-border flows of hot mo...
May 18, 2021
EEX market leader in Japan power futures after first year
By Vera Eckert FRANKFURT (Reuters) - The European Energy Exchange (EEX) could double the number of participants in its Japanese power futures market from around 20 players in 2021, having traded over ...
May 18, 2021
Euro zone inadvertently supported zombie firms, ECB finds
FRANKFURT (Reuters) - Euro zone policies aimed at keeping the economy afloat during the pandemic inadvertently supported unviable or "zombie" firms and more targeted support is needed, especially as s...
May 18, 2021
Investors buy UK stocks, cut tech as inflation fears rise – BofA survey
LONDON (Reuters) - Fund managers loaded-up on UK stocks and cut exposure to technology stocks as rising inflation and "taper tantrum" fears leave growth stocks vulnerable to pullbacks, Bank of America...
May 18, 2021
Spain deploys army in Ceuta to patrol border with Morocco after migrants break in
MADRID (Reuters) - The Spanish government has deployed troops to Ceuta to patrol the border with Morocco after thousands of migrants swam into the northern African enclave, a source from the Interior ...
May 18, 2021
Germany’s top court rejects complaint against ECB bond buys
BERLIN (Reuters) - Germany's constitutional court rejected on Tuesday a complaint against the European Central Bank's 2.4 trillion euro Public Sector Purchase Programme, saying the ECB had shown the s...
May 18, 2021
New York governor Cuomo’s COVID book deal was worth than $5 million
(Reuters) - New York Governor Andrew Cuomo's contract with publishers for his book about dealing with the coronavirus pandemic was worth $5 million, according to tax documents released by his office t...
May 18, 2021
Fri Oct 23
Battle Creek, MI, USA
50°FWind/Dir: 6 MPH-ESE
Humidity: 87%
