Insurers poised for US break on investment losses from high rates
By Koh Gui Qing SEATTLE (Reuters) – Some insurers operating in the United States stand to reap a windfall worth…
August 2023
Russian central bank to hold emergency rate meeting as rouble tumbles
MOSCOW (Reuters) – Russia’s central bank will hold an extraordinary meeting on Tuesday to discuss the level of its key…
Explainer-How Hunter Biden, Trump special counsels work independently
WASHINGTON (Reuters) -The appointment of an outside prosecutor to investigate President Joe Biden’s son Hunter means there are now three…
Contagion fears spread as China property sector cash crunch intensifies
By Clare Jim and Shuyan Wang HONG KONG/BEIJING (Reuters) – China’s largest private real estate developer Country Garden is seeking…
China’s Country Garden woes raise fears of REIT defaults – J.P.Morgan
(Reuters) -Turmoil at China’s largest private developer Country Garden could set off a “vicious cycle” of financing stress on the…
Little-known Kakar sworn in as Pakistan’s PM to oversee elections
By Ariba Shahid KARACHI, Pakistan (Reuters) – Anwaar-ul-Haq Kakar, a little-known politician who is believed to be close to the…
AMC stock sinks, preferred units climb after conversion settlement
By Medha Singh (Reuters) – AMC Entertainment’s shares slid 35% on Monday on fears that the approval of a revised…
Argentina raises interest rate, devalues peso after shock primary election -official source
BUENOS AIRES (Reuters) – Argentina’s central bank will raise the benchmark interest rate to 118% from 97% previously, an official…
Canoo finalizes incentive package with Oklahoma, Cherokee Nation
(Reuters) – Electric-vehicle startup Canoo said on Monday it finalized incentive agreements with the state of Oklahoma and the North…
Indonesia says Tesla plans to invest in battery material facility
JAKARTA (Reuters) – Indonesia said on Monday that U.S. electric carmaker Tesla plans to invest in the manufacturing of battery…