Hungary cenbank to cut one-day depo rate by another 100 bps next week: Reuters poll
By Gergely Szakacs BUDAPEST (Reuters) – Hungary’s central bank is expected to cut its key one-day deposit rate again next…
Business
Will cost cuts help FedEx close margin gap with UPS?
By Priyamvada C (Reuters) – FedEx may see a profit boost from cost cuts undertaken last year, although its investors…
Investors pour into equities to ‘chase the bull’, says BofA
By Samuel Indyk LONDON (Reuters) – Investors bought stocks and took money out of cash funds in the week to…
Baidu wins commercial licence for driverless taxis in Shenzhen
By Josh Ye HONG KONG (Reuters) -China’s tech firm Baidu Inc said on Friday that it has obtained a commercial…
India’s Modi to address FedEx, Mastercard, other US CEOs at Kennedy Center -source
By Nandita Bose and Trevor Hunnicutt WASHINGTON (Reuters) – Indian Prime Minister Narendra Modi will meet the CEOs of top…
Marketmind: Stocks fight the Fed as markets still not listening
By Naomi Rovnick LONDON (Reuters) – If you looked at red-hot stock markets without following central banks, you could well…
Germany, France clash over reform of EU fiscal rules, deal seen by end-2023
By Jan Strupczewski BRUSSELS (Reuters) – France and Germany clashed on Friday over how to reform the European Union’s fiscal…
Explainer-What is Hong Kong’s new dual HKD/RMB share counter?
By Georgina Lee and Winni Zhou HONG KONG (Reuters) – The Hong Kong stock exchange will start offering yuan-denominated Chinese…
Central banks, waiting for relief on inflation, lean towards higher rates
By Howard Schneider, Balazs Koranyi and Leika Kihara WASHINGTON/FRANKFURT/TOKYO (Reuters) -Two years into confronting rising inflation, the world’s top central…
China takes next step in currency globalization, with some HK stocks priced in yuan
By Samuel Shen and Georgina Lee SHANGHAI/HONG KONG (Reuters) – China’s gradual internationalisation of its currency will shift to its…