ArcelorMittal Beats Profit Expectations On Higher Steel Demand
By Marine Strauss BRUSSELS (Reuters) -ArcelorMittal, the world’s second largest steelmaker, said it had a “good growth” in the beginning…
May 2023
ArcelorMittal beats profit expectations on higher steel demand
By Marine Strauss BRUSSELS (Reuters) -ArcelorMittal, the world’s second largest steelmaker, said it had a “good growth” in the beginning…
Fed pause baked in after “dovish” hike
(Reuters) – The U.S. Federal Reserve on Wednesday raised interest rates by a widely expected 25 basis points and dropped…
Global gas markets rebalancing, to remain tight in 2023- IEA
By Marwa Rashad LONDON (Reuters) – Global gas markets are gradually rebalancing but are expected to remain tight in 2023…
Vietnam raises retail electricity price by 3%
HANOI (Reuters) – Vietnam on Thursday raised its average retail electricity price by 3%, the government said, in a move…
US regional bank PacWest says in talks with potential partners, investors
(Reuters) -PacWest Bancorp said on Thursday that it has been approached by several potential partners and investors, and that those…
PacWest Bancorp Explores Strategic Asset Sales
(Reuters) – PacWest Bancorp said on Thursday that it is exploring strategic asset sales, including moving the $2.7 billion lender…
Marketmind: Next up ECB: Will it be a hawkish 25 or dovish 50?
A look at the day ahead in European and global markets from Vidya Ranganathan. The spotlight moves swiftly from the…
HSBC to raise Hong Kong best lending rate to 5.75%
HONG KONG (Reuters) – HSBC will raise its Hong Kong dollar best lending rate from 5.625% to 5.75% with effect…
IMF sees uncertainty over Japan’s monetary policy, spillover globally
By Leika Kihara (Reuters) -The International Monetary Fund on Thursday warned of “uncertainty” around the direction of Japan’s monetary policy,…