Bullock takes the reins at Reserve Bank of Australia
By Lewis Jackson, Stella Qiu and Wayne Cole SYDNEY (Reuters) – Reserve Bank Deputy Governor Michele Bullock will take over…
Business
Italy’s luxury groups set aside rivalries to keep it local
By Elisa Anzolin MILAN (Reuters) – Italy’s luxury fashion groups, which for decades jealously guarded their independence, have started teaming…
Analysis-BOJ in a bind as price pressures heighten case for early policy tweak
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is caught in a dilemma with growing prospects of sustained…
Analysis-Tumbling US dollar a boon to risk assets across the globe
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Cooling U.S. inflation is accelerating a decline in the dollar, and risk…
Strong U.S. demand eases pressure on Novo to show weight-loss drug’s health benefits
By Maggie Fick LONDON (Reuters) – Soaring U.S. demand for Novo Nordisk’s weight-loss drug has reduced the pressure from investors…
Marketmind: Relief over US inflation keeps Asia upbeat
A look at the day ahead in European and global markets from Sonali Desai Thursday’s Goldilocks blend of cooling U.S….
Factbox-Changes to Australia’s central bank following review
SYDNEY (Reuters) – Australia’s government announced on Friday that Michele Bullock, Deputy Governor at the Reserve Bank of Australia, will…
Founder of crypto lender Celsius Network pleads not guilty to fraud charges
By Luc Cohen and Hannah Lang NEW YORK (Reuters) – Alex Mashinsky, founder and former CEO of bankrupt cryptocurrency lender…
Singapore dodges recession after slight growth in Q2
By Chen Lin SINGAPORE (Reuters) -Singapore’s economy narrowly escaped a recession in the second quarter as global demand weakened and…
Surging stocks turn Tokyo into hot job market for fund managers
By Xie Yu and Makiko Yamazaki HONG KONG/TOKYO (Reuters) – Global hedge funds and asset managers are scouring Tokyo for…