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…
2023
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…
QUOTES – US Treasury’s new June 1 debt ceiling X-date
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said in a letter to Congress that the agency may be unable…
Singapore’s DBS Bank Posts Record Q1 Profit, Beating Estimates
By Yantoultra Ngui SINGAPORE (Reuters) -Singapore’s biggest bank DBS Group reported record first-quarter profit on Tuesday, rising a stronger-than-expected 43%…