By Mathieu Rosemain PARIS (Reuters) – Amundi, Europe’s biggest fund manager, posted better-than-expected quarterly net inflows on Friday as investors’ appetite for risk-averse products underpinned a 1.9% yearly growth in assets under management. Uncertainty about the world economy, marked by inflation, speedy hikes in interest rates and geopolitical risks drove retail and institutional investors to…
(Reuters) – The Bank of Japan maintained ultra-low interest rates on Friday but took steps to make its yield curve control policy more flexible, underscoring growing concerns over the rising side- effects of prolonged monetary easing. At the two-day meeting that ended on Friday, the central bank kept unchanged its short-term interest rate target at…
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) -Turkey’s new central bank chief pitched a comprehensive monetary policy in her first formal address to the media while her acknowledgment of stark inflation pressures was welcomed by foreign investors. Laying out her philosophy in her debut news conference, Hafize Gaye Erkan pledged that her holistic…
TOKYO (Reuters) – Japanese automaker Toyota Motor said on Friday it sold 5.1% more vehicles in the first half of 2023 compared with the same period a year earlier, helped by an easing of semiconductor supply constraints and especially stronger demand in Japan. The company sold some 4.9 million vehicles globally in the six months…
By Sarah Wu TAIPEI (Reuters) – Six years after the #MeToo movement rose to global prominence and toppled powerful perpetrators of sexual abuse, Taiwan is racing to reform laws and provide training and support as it reckons with its own wave of complaints. Despite Taiwan’s reputation as a progressive bastion in a conservative region –…
(Reuters) – Wells Fargo & Co’s policies around the firearm industry are being probed by the Texas Attorney General’s office, the company said in an emailed statement on Thursday. The letter sent by Leslie Brock, chief of the AG’s public finance division, to lawyers who work on bond deals in Texas said that officials are…
TOKYO (Reuters) – The Bank of Japan maintained ultra-low interest rates on Friday but took steps to make its yield curve control policy more flexible, underscoring a growing concern over the rising side-effects of prolonged monetary easing. At the two-day meeting that ended on Friday, the central bank kept unchanged its short-term interest rate target…
(Reuters) -The U.S. State Department on Thursday ordered non-emergency government personnel and family members to leave Haiti as soon as possible, citing “kidnapping, crime, civil unrest, and poor health care infrastructure.” The State Department said U.S. citizens not working for the government should also leave Haiti as soon as possible “by commercial or other privately available…
(Reuters) -Fox is expected to announce soon that television’s Emmys will be rescheduled to air in January next year due to strikes by writers and actors in the United States, the Los Angeles Times reported on Thursday, citing a person familiar with the plans. The ceremony was originally slated to be telecast on Sept. 18,…
BEIJING (Reuters) -China needs more effective implementation measures such as lower home mortgage rates and down payment ratios for first-time home buyers to help spur home purchases, state media quoted the housing minister as saying, sparking a rally in property shares. Speaking at a recent symposium with property developers and construction firms, Ni Hong, minister…
