‘Big money never buys cheap’: Why investors are waiting on Japan
By Summer Zhen HONG KONG (Reuters) – As Japan’s stock market roars to multi-decade highs, large investors with long memories…
Economy
Fed’s Jefferson: Inflation “too high,” but impact of high rates not full felt yet
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Governor and vice chair nominee Philip Jefferson said progress on inflation may…
Regency Centers to buy Urstadt Biddle Properties in $1.4 billion deal
(Reuters) -Shopping mall operator Regency Centers Corp said on Thursday it has agreed to buy Urstadt Biddle Properties Inc in…
BNY Mellon prices $500 million debt offering via diverse bookrunners
NEW YORK (Reuters) – The Bank of New York Mellon Corporation priced a $500 million debt offering that was underwritten…
ADB warns China it risks wasting money on state-led growth
By Joe Cash BEIJING (Reuters) – China needs to level the playing field between private and state owned firms, the…
EBRD pledges more support for Ukraine with capital boost
SAMARKAND, Uzbekistan (Reuters) -At a meeting in Russia’s former Central Asian backyard, the European Bank for Reconstruction and Development on…
Bank of Israel to raise rates 25 bps next week, may be last in cycle – Reuters poll
By Steven Scheer JERUSALEM (Reuters) – Israel’s central bank is expected to raise short-term interest rates by another quarter-point to…
Apparel makers in cyclone-hit Bangladesh consider rare, expensive airlifts for exports
By Ruma Paul and Sudarshan Varadhan DHAKA (Reuters) – Apparel makers in Bangladesh are considering rare bulk exports by air…
BT to cut up to 55,000 jobs by 2030 as fibre and AI arrive
By Paul Sandle LONDON (Reuters) -BT Group, Britain’s biggest broadband and mobile provider, will cut up to 55,000 jobs including…
BoE’s Ramsden says pace of quantitative tightening could rise
By David Milliken LONDON (Reuters) -Bank of England Deputy Governor Dave Ramsden said on Thursday that the rate at which…