Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO
SYDNEY (Reuters) – Australia’s flagship carrier, Qantas Airways Ltd, on Tuesday named its finance chief Vanessa Hudson to serve as…
May 1, 2023
Regulators seize First Republic Bank, sell assets to JPMorgan
By Scott Murdoch, Niket Nishant and Chris Prentice (Reuters) -Regulators seized First Republic Bank and sold its assets to JPMorgan…
South Korea, Indonesia central banks agree to promote local currency transactions
SEOUL (Reuters) – The central banks of South Korea and Indonesia signed a memorandum of understanding on Tuesday to cooperate…
Vice Media preparing to file for bankruptcy – NYT
(Reuters) -Vice Media Group, the company behind popular media websites such as Vice and Motherboard, is preparing to file for…
Bank of Korea sees rapid pace of inflation easing for awhile
SEOUL (Reuters) – South Korea’s central bank said on Tuesday inflation would keep easing at a rapid pace through the…
South Korea factory activity shrinks in April, marks longest downturn in 6 years – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for a 10th consecutive month in April and for its longest streak…
Oil Falls As Economic Fears Weigh Against Potential Crude Draw
By Laura Sanicola (Reuters) – Oil prices fell in thin early Asian trade on Tuesday as the market digests weak…
US World Bank nominee Banga set for vote on Wednesday after 4-hour interview
WASHINGTON (Reuters) – The World Bank’s 25-member executive board is set to vote on the U.S. nominee to run the…
US lawmakers dig into partisan corners as debt ceiling default looms
By David Morgan and Richard Cowan WASHINGTON (Reuters) – U.S. lawmakers responded to news that the federal government could be…
Quotes: How asset managers see the investment outlook at Milken
BEVERLY HILLS (Reuters) – Big money managers gathered at the Milken Institute Global Conference, in Beverly Hills, California, on Monday…