MOSCOW (Reuters) – Russia’s ambassador to the United States said Washington had threatened retaliation after Wall Street Journal reporter Evan Gershkovich was detained on espionage charges, and suggested it might be time to cut the number of U.S. journalists in Russia. Russia’s Federal Security Service (FSB) said on March 30 it had detained Gershkovich in…
By Casey Hall HAIKOU, China (Reuters) -Representatives of over 3,000 brands including Burberry and Estee Lauder descended on China’s Hainan this week to show off their latest wares, hoping to cash in on a post-COVID consumer rebound that has kicked off on the island known for its duty free shopping. Around 300,000 people are expected…
(Reuters) – Germany’s wholesale price index rose in March compared with the same month last year, according to data released on Friday. Wholesale prices increased by 2% on the year, the federal statistics office reported. Compared with February, the index was up 0.2%. The office offers more detailed economic data on its website. (Reporting by…
SINGAPORE (Reuters) -Singapore’s central bank on Friday left its monetary policy settings unchanged, reflecting the city-state’s concerns about its growth outlook and surprising economists who had expected another round of tightening. The announcement came as Singapore’s economic growth for the first quarter missed expectations. It was the first time the Monetary Authority of Singapore (MAS)…
SINGAPORE (Reuters) -Singapore’s central bank on Friday left its monetary policy settings unchanged, reflecting the city-state’s concerns about its growth outlook and surprising economists who had expected another round of tightening. The announcement came as Singapore’s economic growth for the first quarter missed expectations. It was the first time the Monetary Authority of Singapore (MAS)…
By Padraic Halpin and Steve Holland DUBLIN (Reuters) -U.S. President Joe Biden told the Irish parliament he was “home” in an emotional address on the second day of a nostalgic three-day tour celebrating his Irish heritage as he geared up for a planned 2024 re-election campaign. “I’m home… I only wish I could stay longer,”…
By Danilo Masoni and Samuel Indyk MILAN/LONDON (Reuters) – European exchange stocks stand to benefit from a spike in volatility surrounding the downfall of Credit Suisse, as some investors turn towards bourse operators attracted by their defensive qualities and modest valuations. The exchanges’ share price performance has lagged the region-wide STOXX 600 index by up…
BEIJING (Reuters) – Tesla Inc has set up a new-energy company in Shanghai with registered capital of $2 million, according to Tianyancha, a company information data provider. (Reporting by Beijing newsroom; Editing by Muralikumar Anantharaman)
By Balazs Koranyi WASHINGTON (Reuters) – The European Central Bank should speed up the reduction of its balance sheet and could stop reinvesting cash from debt maturing in its largest bond buying scheme to complement further interest rate hikes, Belgian policymaker Pierre Wunsch said. Fighting stubborn inflation, the ECB has raised rates at its fastest…
A look at the day ahead in European and global markets from Wayne Cole. Singapore’s central bank sprang the surprise of the Asian day by halting its tightening cycle when markets had expected a sixth straight round of restraint. The Monetary Authority of Singapore (MAS) said there was enough currency appreciation – controlling the SGD…
