With a Gallic shrug, Fed bids adieu to the recession that wasn’t
By Howard Schneider, Indradip Ghosh WASHINGTON (Reuters) -Blame it on economic theory not matching reality, groupthink among forecasters, or political…
August 17, 2023
Philippines central bank keeps rates steady, but ready to resume hikes if needed
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) -The Philippine central bank left its benchmark interest rate steady…
Hindenburg target Freedom Holding to keep working with non-sanctioned Russians
By Mariya Gordeyeva ALMATY (Reuters) – Kazakhstan-based Freedom Holding, the latest target of Hindenburg Research, plans to keep working with…
Goldman Sachs used derivatives to help Exor build $2.8 billion Philips stake, filings show
By Toby Sterling, Pablo Mayo Cerqueiro and Andres Gonzalez AMSTERDAM (Reuters) – Investment company Exor was able to build a…
Australian $100 billion pension fund targets private assets with London launch
By Lewis Jackson and Praveen Menon SYDNEY (Reuters) – Australia’s third-largest pension fund will officially open its first overseas outpost…
Analysis-China’s crackdowns rewrite investors’ private sector playbook
By Samuel Shen and Summer Zhen SHANGHAI/HONGKONG (Reuters) – Buy the state, sell the capitalist – that’s how global investors…
China investors jump into municipal bonds, hopes of state support outweigh debt woes
By Li Gu and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – China’s promise of a “comprehensive” package to address local debt issues…
On San Francisco stop, Taiwan VP says will take peace as his ‘lighthouse’
TAIPEI (Reuters) -Taiwan Vice President William Lai has promised during a visit to San Francisco to take peace as his…
Prosecutors propose March 2024 trial date in Trump Georgia case
By Jacqueline Thomsen WASHINGTON (Reuters) – The district attorney prosecuting former U.S. President Donald Trump on election interference charges in…
Norway oil companies to boost investments, survey shows
OSLO (Reuters) – Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought, driven…