Singapore wealth group denies report of directive to keep quiet on China-linked fund inflows
SINGAPORE (Reuters) – A private banking industry group in Singapore on Friday denied a media report that the city state…
April 14, 2023
India’s forex reserves jump to 9-month high
MUMBAI (Reuters) – India’s foreign exchange reserves jumped to $584.76 billion for the week ended April 7, the highest in…
China will take steps to stabilise employment – cabinet meeting
BEIJING (Reuters) – China will take steps to stabilise employment, particularly at manufacturing and trading companies, state media reported on…
U.S. leaks show clash between ‘need to know’ vs ‘need to share’
By Jonathan Landay, Idrees Ali and Arshad Mohammed WASHINGTON (Reuters) -The latest U.S. intelligence leak illustrates a paradox of spycraft:…
James Murdoch’s Bodhi Tree slashes planned investment in Reliance’s Viacom18
BENGALURU (Reuters) -Reliance Industries Ltd’s Viacom18 will receive an investment of 43.06 billion rupees ($527.84 million) from Bodhi Tree, about…
Tesla expands discounts with price cuts in Europe, Singapore, Israel
By Chen Lin and Victoria Waldersee SINGAPORE/BERLIN (Reuters) -Tesla Inc on Friday slashed prices for its electric vehicles in Europe,…
PNC Financial beats profit estimates on boost from higher interest rates
(Reuters) – PNC Financial Services Group reported an 18.5% rise in first-quarter profit on Friday, as the Federal Reserve’s rate…
Exclusive-Fed can ‘hit the mark and hold’ with one more rate hike, Bostic says
By Howard Schneider ATLANTA (Reuters) – One more quarter-percentage-point interest rate hike can allow the Federal Reserve to end its…
Food security drives China to cut soymeal use in animal feed
By Dominique Patton BEIJING (Reuters) – China’s agriculture ministry issued a three-year action plan on Friday to reduce soymeal use…
China says ready to work with all parties on debt disposals, seeks more IMF data
By Joe Cash BEIJING (Reuters) -China reiterated it is willing to work with all parties to implement the Common Framework…