UK mortgage rates surge to 15-year high after surpassing ‘mini-budget’ peak
By Suban Abdulla LONDON (Reuters) -A key British mortgage rate hit a 15-year high on Tuesday when it rose above…
July 2023
Exclusive-Wagner fighters neared Russian nuclear base during revolt
(Reuters) – As rebellious Wagner forces drove north toward Moscow on June 24, a contingent of military vehicles diverted east…
Singapore’s Temasek reports portfolio value drop, positive on China tech
By Yantoultra Ngui and Xinghui Kok SINGAPORE (Reuters) – Singapore investment firm Temasek Holdings on Tuesday posted a 5.2% drop…
US Senator Warren, others warn against L3Harris plan to buy Aerojet
WASHINGTON (Reuters) – U.S. Senator Elizabeth Warren, a Democrat and frequent merger critic, joined three other lawmakers on Tuesday to…
Britain’s 50-billion pound pensions gamble could put savers in fresh peril
By Sinead Cruise and Carolyn Cohn LONDON (Reuters) – Britain’s financial services industry has broadly cheered fresh government proposals to…
UBS shelves plan for new China fund unit, takes over Credit Suisse joint venture – sources
By Selena Li and Samuel Shen HONG KONG (Reuters) – UBS has halted plans to set up a new fund…
ASEAN chair urges unity as top diplomats meet amid Myanmar discord
By Kate Lamb and Stanley Widianto JAKARTA (Reuters) – ASEAN chair Indonesia on Tuesday stressed the importance of the regional…
More than $2 billion committed at UK-US climate finance forum
LONDON (Reuters) -Finance leaders, companies and philanthropists have committed more than $2 billion to help finance efforts to reduce carbon…
S.Korea state-run banks join liquidity support effort for credit union
By Jihoon Lee SEOUL (Reuters) -South Korean state-run banks are providing at least two trillion won ($1.54 billion) of liquidity…
China’s foreign minister to miss ASEAN meeting for health reason
By Yew Lun Tian and Karen Lema (Reuters) – China’s foreign minister Qin Gang will not attend a diplomatic gathering…