Tech and finance lead Wall St resurgence as oil plunges

March 9, 2022

The S&P 500 posts its best day since June 2020Travel and leisure stocks rise sharplyEnergy stocks fall after strong recovery in 2022Indices up: Dow 2%, S&P 2.57%, Nasdaq 3.59%March 9 (Reuters) - U.S. stocks sur...

China’s c.bank to pay profits to fund fiscal spending – Ministry of Finance

Amanda C. Batey

March 8, 2022

Bank

BEIJING, March 8 (Reuters) - China's central bank will be among state-owned financial institutions that will pay part of their profits, including arrears, to the government this year to fund increased fiscal sp...

Russian bank VTB prepares to pull out of Europe, reports FT

Amanda C. Batey

March 6, 2022

Bank

FILE PHOTO: The VTB Group logo is seen through a window of the Imperia Tower on the facade of the Federatsiya (Federation) Tower at the Moscow International Business Center, also known as "Moskva-City", in Mosc...

Australia’s central bank holds rates steady, Ukraine fresh uncertainty

Amanda C. Batey

March 1, 2022

Bank

RBA keeps rates at 0.1%, reiterates patient's positionQ4 GDP is expected to post growth of 3% or moreCooling housing boom could limit potential rate hikesSYDNEY, March 1 (Reuters) - Australia's central bank kep...

European bank stocks recoup some losses; the sector is preparing for a series of sanctions

Amanda C. Batey

February 25, 2022

Bank

The financial district in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph OrlowskiJoin now for FREE unlimited access to Reuters.comRegisterDetails of EU sanctions still pendingStocks recover some of Thursday'...

Australia’s central bank has goals in sight, just waiting for wages

Amanda C. Batey

February 15, 2022

Bank

Two women walk by the headquarters of the Reserve Bank of Australia in central Sydney, Australia February 6, 2018. REUTERS/Daniel MunozJoin now for FREE unlimited access to Reuters.comRegisterSYDNEY, Feb 15 (Re...

India Files Complaint Against ABG Shipyard Alleging $3 Billion Bank Fraud

Amanda C. Batey

February 13, 2022

Bank

A man rides his bicycle past the headquarters of India's Central Bureau of Investigation (CBI) in New Delhi, India, March 6, 2018. REUTERS/Adnan AbidiJoin now for FREE unlimited access to Reuters.comRegisterNEW...

Luxembourg asks Lebanon for information on the finances of the head of the central bank -Lebanese source

Amanda C. Batey

February 5, 2022

Bank

BEIRUT, Feb 5 (Reuters) - Lebanon has received a letter from the Luxembourg authorities requesting information about the bank accounts and assets of the head of the Central Bank of Lebanon, Riad Salameh, a seni...

Saudi Arabia announces $6.4 billion investment in future technologies

Amanda C. Batey

February 1, 2022

Investments

Abdullah Alswaha, Minister of Communications and Information Technology of Saudi Arabia, attends a session of the 50th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 23, 2020. R...

Dollar holds near 18-month high ahead of busy central bank week

Amanda C. Batey

January 31, 2022

Bank

A Korea Exchange Bank employee counts one hundred U.S. dollar banknotes during a photo opportunity at the bank's headquarters in Seoul April 28, 2010. REUTERS/Jo Yong-HakJoin now for FREE unlimited access to Re...

Bank of England on track for second rate hike in less than two months

Amanda C. Batey

January 24, 2022

Bank

The Bank of England is seen in London March 19, 2008. REUTERS/Luke MacGregor Join now for FREE unlimited access to Reuters.comRegisterThe BoE is expected to raise rates to 0.5% on February 3UK inflation hit its...

South Africa secures $750m World Bank loan to support COVID recovery effort

Amanda C. Batey

January 21, 2022

Bank

A woman wearing a protective face mask against the coronavirus disease (COVID-19) sits next to her booth, as the new variant of the Omicron coronavirus spreads, in Tsomo, a town in the Eastern Cape Province of ...

Some Wall Street Banks See Four US Interest Rate Hikes This Year

Amanda C. Batey

January 10, 2022

Bank

The Goldman Sachs logo is seen on the trading floor of the New York Stock Exchange (NYSE) in New York, New York, United States on November 17, 2021. REUTERS / Andrew KellyRegister now for FREE and unlimited acc...

Minutes of the Board of Directors meeting of the Czech Central Bank on December 22

Amanda C. Batey

January 7, 2022

Bank

PRAGUE, Jan. 7 (Reuters) - Here is the full text of the minutes of the December 22 monetary policy meeting of the board of directors of the Czech central bank (CNB), released on Friday.Present at the meeting: ...

Ukraine’s inflation in 2022 will remain above central bank target of 5%

Amanda C. Batey

January 5, 2022

Bank

IPC survey dataFull-year IPC survey data ACPIAPHryvnia rate survey dataAGDPAP Annual GDP Survey DataKYIV, Jan. 5 (Reuters) - Ukraine's inflation, currently at a four-year high of 10.3%, will slow this year but...

Deutsche Bank fined nearly $ 10 million for Euribor control

Amanda C. Batey

December 29, 2021

Bank

The logo of the German Federal Financial Supervisory Authority BaFin (Bundesanstalt fuer Finanzdienstleistungsaufsicht) is pictured outside a BaFin office building in Bonn, Germany on April 15, 2019. REUTERS /...

SenseTime Relaunches $ 767 Million Hong Kong IPO After U.S. Investment Ban

Amanda C. Batey

December 20, 2021

Investments

The logo of artificial intelligence (AI) startup SenseTime is seen in its office in Hong Kong, China on August 18, 2021. Photo taken on August 18, 2021. REUTERS / Tyrone Siu / File Photo / File Photo / File Ph...

Norwegian Aker chooses ex-sovereign fund chief to lead investments

Amanda C. Batey

December 7, 2021

Investments

OSLO, December 7 (Reuters) - Norwegian conglomerate Aker ASA (AKER.OL) has hired Yngve Slyngstad, the former head of the Norwegian sovereign wealth fund, to lead its asset management unit, which focuses on ren...

India c.bank replaces board of directors of Reliance Capital and initiates bankruptcy proceedings against company

Amanda C. Batey

November 29, 2021

Bank

A logo of the Reserve Bank of India (RBI) is seen at the door of its office in New Delhi, India on November 9, 2018. REUTERS / Altaf HussainRegister now for FREE and unlimited access to reuters.comRegister now...

Italian CDP to keep infrastructure investments silent on TIM

Amanda C. Batey

November 25, 2021

Investments

MILAN, Nov. 25 (Reuters) - Italian Cassa Depositi e Prestiti (CDP) will be a long-term investor in infrastructure assets, its chief executive said on Thursday, declining to comment when asked about the plans o...

Singapore bank DBS suffers two-day tech blackout, safe deposits say

Amanda C. Batey

November 24, 2021

Bank

A man walks past DBS signage in Singapore, October 8, 2019. REUTERS / Feline Lim / File PhotoRegister now for FREE and unlimited access to reuters.comRegister nowSingapore's largest bank facing online banking ...

Britain launches plan to boost green investment in emerging markets

Amanda C. Batey

November 1, 2021

Investments

Workers clean photovoltaic panels inside a solar power plant in Gujarat, India, July 2, 2015. REUTERS / Amit Dave // â€‹â€‹File PhotoTo more than double aid to stg 3 billion ove...

EXCLUSIVE Italy plans to extend bank merger incentives until mid-2022 – sources

Amanda C. Batey

October 15, 2021

Bank

The logo of Monte dei Paschi di Siena bank can be seen at the entrance of a bank in Rome, Italy on August 16, 2018. REUTERS / Max RossiROME, October 15 (Reuters) - Italy's Treasury is considering extending for...

G7 financial leaders set guidelines for central bank digital currencies

Amanda C. Batey

October 14, 2021

Bank

October 13 (Reuters) - The Group of Seven Advanced Economies said on Wednesday that any digital currency issued by a central bank must "support and not undermine" the bank's ability to fulfill its monetary and...

JPMorgan set to leave pandemic behind, results show

Amanda C. Batey

October 13, 2021

Money Lender

Oct. 13 (Reuters) - JPMorgan Chase & Co (JPM.N) topped analysts' earnings estimates on Wednesday, thanks to record earnings from some investment banking businesses and a sunnier economic outlook that allow...

World Bank seeks $ 100 billion in grants to address development ‘tragic setbacks’

Amanda C. Batey

October 11, 2021

Bank

World Bank President David Malpass attends the "1 + 6" Roundtable at Diaoyutai State Guest House in Beijing, China on November 21, 2019. REUTERS / Florence Lo WASHINGTON, Oct.11 (Reuters) - The World Bank hop...

Australian Minister of Natural Resources Launches A $ 250 Billion Coal Loan Facility | Invest News

Amanda C. Batey

October 7, 2021

Money Lender

MELBOURNE (Reuters) - Australia's Resources Minister has offered to set up a government-run A $ 250 billion ($ 180 billion) loan facility for the country's coal industry in return for support from a target of ...

Australian banking regulator tightens mortgage requirements, more to come

Amanda C. Batey

October 6, 2021

Bank

SYDNEY, Oct. 6 (Reuters) - Australia's banking regulator on Wednesday tightened restrictions on mortgage lending and signaled possible additional measures, saying the rapid growth in lending that has fueled so...

Saudi developer of pilgrimage sites Jabal Omar restructures loan

Amanda C. Batey

October 5, 2021

Secured Loan

A pilgrim bids farewell to the Tawaf around the holy Kaaba in the Grand Mosque after completing his extended Haj, "Haj Al Kabeer", during the annual Haj pilgrimage to the holy city of Mecca, Saudi Arabia on 22 ...

European banks need regulatory reset to catch up with US rivals, Botin says

Amanda C. Batey

September 30, 2021

Bank

Banco Santander President Ana Patricia Botin at the bank's headquarters in Boadilla del Monte, near Madrid, Spain, January 30, 2019. REUTERS / Sergio Perez / File PhotoMADRID, September 30 (Reuters) - European...

Yen Sinks, Australia Climaxes As Evergrande Contagion Fears Recede | Invest News

Amanda C. Batey

September 27, 2021

Investments

TOKYO (Reuters) - The safe haven yen fell to its lowest level in nearly three months on Monday, while the risk-sensitive Australian dollar continued to recover from a nearly one-month low , while fears of a ge...

Huawei CFO reaches deal with US on fraud charges, allowing him to leave Canada

Amanda C. Batey

September 24, 2021

Bank

Sept. 24 (Reuters) - Huawei chief financial officer Meng Wanzhou reached a deal with U.S. prosecutors to end the bank fraud case against her, officials said on Friday, a move that should allow her to leave Can...

Zambian President to meet IMF and World Bank in Washington

Amanda C. Batey

September 23, 2021

Bank

LUSAKA, Sept. 22 (Reuters) - The Zambian president is due to meet with officials from the International Monetary Fund and the World Bank in Washington, his spokesman said on Wednesday, as the southern African ...

China’s withdrawal from coal power overseas could wipe out $ 50 billion in investment

Amanda C. Batey

September 22, 2021

Investments

A coal-fired heating complex is seen behind snow-covered ground in Harbin, Heilongjiang province, China, November 15, 2019. REUTERS / Muyu Xu / File Photo / File PhotoChina to stop building overseas coal plant...

Citigroup tries to play the role of matchmaker for US small businesses and local banks

Amanda C. Batey

August 11, 2021

Bank

Pedestrians walk past the facade of a Citibank building in New York, July 14, 2014. REUTERS / Lucas Jackson // File PhotoAug. 11 (Reuters) - Citigroup Inc (CN) is launching a pilot service to digitally connect...

Lebanese central bank can no longer subsidize fuel – report, source

Amanda C. Batey

August 11, 2021

Bank

BEIRUT, Aug. 11 (Reuters) - Lebanese central bank governor Riad Salameh said on Wednesday he could no longer open lines of credit for fuel imports or subsidize its purchase, a ministerial source said and on TV...

How sustainable are sovereign wealth funds?

Amanda C. Batey

August 9, 2021

Investments

Sovereign wealth funds invest more in oil and gas than in renewablesBut has stepped up investment in renewables over the past four yearsAustralian and New Zealand funds beat Norway in ESG analysis of equitiesL...

Indian stocks fall after central bank decision; Confidence decreases

Amanda C. Batey

August 6, 2021

Bank

A woman walks past the Bombay Stock Exchange (BSE) building in Mumbai, India on January 31, 2020. REUTERS / Francis Mascarenhas / File PhotoBENGALURU, Aug.6 (Reuters) - Indian stocks fell on Friday after the c...

Tagged thomson reuters