Germany finance minister urges “grown-up” decision on U.S. debt ceiling
NIIGATA, Japan (Reuters) – German Finance Minister Christian Lindner on Friday said he hoped politicians in the United States would…
Economy
UBS CEO: Credit Suisse no longer seeing outflows
LUCERNE, Switzerland (Reuters) -UBS Chief Executive Sergio Ermotti said on Friday that the situation at Credit Suisse has stabilized and…
Singapore’s long-serving central bank chief reappointed for 2 years
By Xinghui Kok SINGAPORE (Reuters) -Singapore’s longest-serving central banker Ravi Menon has been reappointed in his role for another two…
U.S., German ministers discuss efforts to counter Russian sanctions evasion
NIIGATA, Japan (Reuters) – U.S. Treasury Secretary Janet Yellen met German Finance Minister Christian Lindner on Friday, underscoring the importance…
Audit finds holes in ECB’s management of bank credit risk
FRANKFURT (Reuters) – European Central Bank supervisors are often too lenient with banks in how they manage credit risk, especially…
Hollywood writers try to strike a love match while picketing
By Rollo Ross and Danielle Broadway BURBANK, California (Reuters) – As striking Hollywood writers protest working conditions, some are seeking…
UK’s THG shares dive 20% as another suitor bites the dust
By Yadarisa Shabong (Reuters) -British online retail platform THG Plc ended talks with Apollo Global Management on Friday, saying there…
JP Morgan now expects S.Africa 2023 GDP decline on deeper power cuts
(Reuters) – JPMorgan in a research note on Friday said it now forecast a 0.2% decline in South Africa’s 2023…
Fed’s Bowman: more policy tightening likely appropriate
(Reuters) – The U.S. Federal Reserve will probably need to raise interest rates further if inflation stays high, Fed Governor…
Fed’s Bowman calls for external review of Silicon Valley Bank oversight
By Pete Schroeder WASHINGTON (Reuters) – Federal Reserve Governor Michelle Bowman said Friday that the central bank should hire an…