69.1 F
New York
October 22, 2021

BSVC

Turkey’s Halkbank can be prosecuted over Iran sanction violations, U.S. appeals court rules

Reuters
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. Oct......

EXCLUSIVE BOJ discussing phasing out pandemic support as economy reopens – sources

Reuters
Businessmen wearing protective face masks walk on a pedestrian bridge, amid the spread of the coronavirus disease (COVID-19), in a business district in Tokyo, Japan June 24, 2020. REUTERS/Issei Kato Markets expect extension of scheme’s March deadline Decision on pandemic loan programme due Dec at earliest Some fret of cost......

No ‘Squid Game’: South Korea’s real-life debt trap

Reuters
Passengers wearing masks to avoid contracting the coronavirus disease (COVID-19) walk at Seoul railway station in Seoul, South Korea, October 19, 2021. REUTERS/Kim Hong-Ji/Files SEOUL, Oct 22 (Reuters) – Many small business owners in South Korea recognise themselves in the cash-strapped characters of the wildly popular Netflix (NFLX.O) drama ‘Squid......

U.S. regulators to unveil blueprint to tackle financial climate risks

Reuters
WASHINGTON, Oct 21 (Reuters) – A top U.S. regulatory panel is scheduled on Thursday to unveil recommendations for ensuring the financial system can withstand risks created by climate change, a development that could ultimately lead to new rules and stricter oversight for Wall Street. The report by the Financial Stability......

Hong Kong finance chief says city’s exposure to Evergrande ‘very minimal’ -SCMP

Reuters
The logo of China Evergrande is seen at outside China Evergrande Centre building in Hong Kong, China September 23, 2021. REUTERS/Tyrone Siu/File Photo Oct 3 (Reuters) – Hong Kong’s exposure to debt-laden developer China Evergrande Group (3333.HK) is “very minimal” at 0.05%, or HK$14 billion ($1.79 billion), of banking assets,......

Citigroup executive Levkovich dies a month after being hit by car

Reuters
Tobias Levkovich, Chief U.S. Equity Strategist for Citigroup, speaks during the Reuters 2011 Investment Outlook Summit in New York, June 7, 2011. REUTERS/Shannon Stapleton Oct 1 (Reuters) – Citigroup Inc’s (C.N) chief U.S. equity strategist, Tobias Levkovich, died on Friday from injuries he suffered after being struck by a car......

Equity, bond funds see inflows as markets hit rough patch – BOFA

Reuters
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 29, 2021. REUTERS/Brendan McDermid LONDON, Oct 1 (Reuters) – Global equity and bond funds saw modest inflows at the expense of cash and gold funds even as global markets hit a rough......

Japan e-commerce giant Rakuten to list online bank

Reuters
The logo of Rakuten is pictured at the headquarters of Rakuten in Tokyo, Japan, May 15, 2019. REUTERS/Sam Nussey/File Photo TOKYO, Sept 30 (Reuters) – Japanese e-commerce firm Rakuten Group Inc (4755.T) said on Thursday it is preparing to list its online banking unit, raising funds as it soaks up......

Pandemic recovery fuels deal craze as third-quarter M&A breaks all records

Reuters
Global M&A hits all-time peak of $1.52 trillion in Q3 Cheap financing drives desire for transformative deals Volumes double in Europe driven by private-equity buyouts U.S. activity up 32% to $581 billion, Asia Pacific up 21% Frantic dealmaking surpasses all full-year records LONDON, Sept 30 (Reuters) – Global mergers and......

Powell: “Tension” between jobs, inflation is the chief challenge facing Fed

Reuters
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., September 28, 2021. Kevin Dietsch/Pool via REUTERS Sept 29 (Reuters) – Resolving “tension” between high inflation and still-elevated unemployment is......

Evergrande set to miss second offshore bond coupon payment this month, sources say

Reuters
Some Evergrande bondholders had not received coupon on Wednesday Evergrande was facing Wednesday deadline for $47.5 mln payment Company sold $1.5 billion stake in Shengjing Bank Shares in Evergrande rise as much as 17% HONG KONG, Sept 29 (Reuters) – At least some of China Evergrande’s offshore bondholders had not......

Myanmar currency drops 60% in weeks as economy tanks since February coup

Reuters
People line up outside a bank to withdraw cash, in Yangon, Myanmar May 13, 2021. REUTERS/Stringer Sept 29 (Reuters) – Myanmar’s currency has lost more than 60% of its value since the beginning of September, driving up food and fuel prices in an economy that has tanked since a military......

Myanmar currency drops 60% in weeks as economy tanks since February coup

Reuters
People line up outside a bank to withdraw cash, in Yangon, Myanmar May 13, 2021. REUTERS/Stringer Sept 29 (Reuters) – Myanmar’s currency has lost more than 60% of its value since the beginning of September, driving up food and fuel prices in an economy that has tanked since a military......

China Evergrande to sell $1.5 bln stake in Shengjing Bank to state firm

Reuters
Shengjing demands repayment of debts due to it Evergrande says sale will help stabilise Shengjing Evergrande faces bond interest payment deadline HONG KONG, Sept 29 (Reuters) – Scrambling to avoid defaulting on its debts, cash-strapped China Evergrande Group (3333.HK) said on Wednesday it plans to sell a 9.99 billion yuan......

EXCLUSIVE JPMorgan’s Dimon cautions a U.S. default would be ‘potentially catastrophic’

Reuters
Jamie Dimon, CEO of JPMorgan Chase, takes part in a panel discussion about investing in Detroit during a panel discussion at the Kennedy School of Government at Harvard University in Cambridge, Massachusetts, U.S., April 11, 2018. REUTERS/Brian Snyder/File Photo WASHINGTON, Sept 28 (Reuters) – JPMorgan Chase & Co (JPM.N) has......

Analysis: Huawei CFO’s admissions won’t help U.S. in its case against the company -legal experts

Reuters
Sept 28 (Reuters) – The admission by Huawei’s chief financial officer that she misled a bank about the company’s business dealings in Iran likely won’t help the United States as it continues to prosecute Huawei for the same charges. While Meng Wanzhou’s admissions last week go to the heart of......

U.S. citizens blocked from leaving China return home after three years

Reuters
Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang/File Photo WASHINGTON, Sept 27 (Reuters) – Two American siblings prevented from leaving China since 2018 returned to the United States over the weekend, according to a U.S. official, their release......

U.S. citizens blocked from leaving China return home after three years

Reuters
Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang/File Photo WASHINGTON, Sept 27 (Reuters) – Two American siblings prevented from leaving China since 2018 returned to the United States over the weekend, according to a U.S. official, their release......

Two Fed officials depart amid scrutiny over investment trades

Reuters
WASHINGTON, Sept 27 (Reuters) – Two Federal Reserve officials who came under scrutiny for investment trades they made last year announced their retirements on Monday, in a controversy that has already sparked a planned review of the Fed’s ethics rules. Dallas Fed President Robert Kaplan said he will retire on......

PBOC promises to protect consumers as China Evergrande teeters

Reuters
The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song Housing consumers rights to be safeguarded – PBOC Evergrande shares up, bonds remain at distressed prices EV unit slides after cash warning Wednesday payment deadline looms BEIJING/HONG KONG,......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More