Westpac to layoff 300 workers in business and retail unit, says trade union
(Reuters) – Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at…
Economy
Marketmind: Central bank bonanza, stocks on a roll
By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf. Asian markets will…
Several Chinese lenders cut yuan deposit rates from Monday
BEIJING (Reuters) – Several Chinese commercial banks cut interest rates on a range of yuan deposits from Monday, following their…
Iraq approves record $153 billion budget including big public hiring
By Ahmed Rasheed and Timour Azhari BAGHDAD (Reuters) -Iraq’s parliament on Monday approved a 2023 budget of 198.9 trillion dinars…
Japan’s wholesale inflation eases, goods close to consumers continue to rise
By Leika Kihara TOKYO (Reuters) -Japan’s wholesale inflation slowed for a fifth consecutive month in May because of sliding fuel…
US House Speaker McCarthy hopes to ‘get back on right track’ after Conservative revolt
(Reuters) – U.S. House Speaker Kevin McCarthy said on Sunday he hoped to get back on the right track after…
BOJ set to keep ultra-low rates, may signal inflation overshoot
By Leika Kihara TOKYO (Reuters) -The Bank of Japan (BOJ) is expected to maintain ultra-loose monetary policy this week and…
Morgan Stanley Infrastructure in lead to buy Sacyr waste management unit – sources
By Andres Gonzalez and Corina Pons LONDON/MADRID (Reuters) -Morgan Stanley Infrastructure Partners is poised to buy Sacyr’s Valoriza Servicios Medioambientales…
UBS to impose restrictions on Credit Suisse bankers after takeover complete, FT says
(Reuters) – UBS AG is set to impose tight restrictions on Credit Suisse bankers, including a ban on new clients…
CD Projekt to launch Cyberpunk 2077 expansion on Sept. 26
GDANSK (Reuters) -Poland’s biggest video game producer CD Projekt will release a highly-anticipated expansion to its flagship game Cyberpunk 2077…