NatWest hit as savers shop around for highest rates
By Iain Withers and Lawrence White LONDON (Reuters) -British bank NatWest reported a 20 billion pound fall in deposits in…
April 28, 2023
STMicroelectronics, GlobalFoundries Win EU Approval For French Chip Factory
BRUSSELS (Reuters) – Chipmakers STMicroelectronics and GlobalFoundries on Friday secured EU approval to build a new chip factory with French…
ECB should keep raising rates until mid-2024, EU must tighten fiscal policy -IMF
By Jan Strupczewski STOCKHOLM (Reuters) -The International Monetary Fund called on the European Central Bank on Friday to keep raising…
China to keep up policy support for economy, focus on demand
BEIJING (Reuters) – China will maintain support for the economy, focusing on domestic demand which remains inadequate, the Politburo, a…
German unemployment rises more than expected in April
By Maria Martinez BERLIN (Reuters) -German unemployment rose more than expected in April, Labour Office figures showed on Friday, as…
Fully booked! China braces for record May Day holiday rush
By Sophie Yu and Brenda Goh BEIJING (Reuters) – China is bracing for a record-high travel rush over the Labour…
BOJ’s new chief keeps ultra-low rates, embarks on policy review
By Leika Kihara TOKYO (Reuters) -The Bank of Japan (BOJ) kept ultra-low interest rates on Friday but announced a plan…
Analysis-Powerful Swiss central bank faces reform calls in wake of Credit Suisse rescue
By John Revill ZURICH (Reuters) – The Swiss National Bank is facing calls for an overhaul in its governance, with…
Euro zone grows marginally at start of 2023 after stagnation
BRUSSELS (Reuters) – The euro zone grew only marginally in the first three months of 2023 and at a rate…
Swiss National Bank seeks banking regulation review after Credit Suisse crash
BERN (Reuters) – Swiss banking regulation and supervision must be reviewed following the collapse of Credit Suisse, Swiss National Bank…