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Singapore Finance Minister announces $372 million jobs support package

Singapore Finance Minister announces $372 million jobs support package

© Reuters. FILE PHOTO: Office workers cross a street in Singapore’s central business district April 27, 2017. REUTERS/Edgar Su SINGAPORE (Reuters) – Singapore’s Finance Minister Lawrence Wong announced a S$500 million ($372 million) package to support jobs and businesses as part of his budget proposals on Friday. Singapore’s government has committed close to S$100 billion…

Exclusive-Ukraine bids for SDR transfers in funding push, new IMF deal

Exclusive-Ukraine bids for SDR transfers in funding push, new IMF deal

© Reuters. People hold the Ukrainian national flag as they gather at the Pantheon to call for peace between Ukraine and Russia, in Rome, Italy, February 15, 2022. REUTERS/Guglielmo Mangiapane By Karin Strohecker and Natalia Zinets LONDON/KYIV (Reuters) – Ukraine is working with the United States and other Western nations on unlocking billions of dollars…

Indonesia urges G20 collaboration as Ukraine crisis overshadows meeting

Indonesia urges G20 collaboration as Ukraine crisis overshadows meeting

3/3 © Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen addresses the U.S. Conference of Mayors winter meeting in Washington, U.S. January 19, 2022. REUTERS/Jonathan Ernst 2/3 By Gayatri Suroyo and Leika Kihara JAKARTA/TOKYO (Reuters) -The crisis in Ukraine overshadowed a gathering of finance leaders from the world’s top 20 economies that kicked off on Thursday,…

Britain scraps ‘golden’ visas amid concerns over illicit Russian money

Britain scraps ‘golden’ visas amid concerns over illicit Russian money

© Reuters. FILE PHOTO: Britain’s Home Secretary Priti Patel walks outside Downing Street in London, Britain, October 27, 2021. REUTERS/Peter Nicholls LONDON (Reuters) -Britain scrapped its so-called “golden visas” for wealthy investors on Thursday amid concerns about the inflow of illicit Russian money at a time of heightened tensions between Moscow and the West over…

Exclusive-Brazil eyes tax exemption for foreign investors in corporate bonds, Economy Ministry says

Exclusive-Brazil eyes tax exemption for foreign investors in corporate bonds, Economy Ministry says

© Reuters. FILE PHOTO: A board showing the real-U.S. dollar exchange rate and that of several foreign currencies is pictured in Rio de Janeiro, Brazil, December 16, 2015. REUTERS/Ricardo Moraes By Marcela Ayres BRASILIA (Reuters) -Brazil’s government is considering an income tax exemption for foreigners investing in domestic corporate bonds, hoping to lower financing costs…

Biden’s Fed nominees in limbo after delay Republican vote boycott

Biden’s Fed nominees in limbo after delay Republican vote boycott

© Reuters. FILE PHOTO: The Federal Reserve headquarters in Washington on Sept. 16 2015. REUTERS/Kevin Lamarque//File Photo By David Morgan, Pete Schroeder and Lindsay (NYSE:LNN) Dunsmuir (Reuters) -U.S. Senate action on President Joe Biden’s five nominees to the Federal Reserve stalled Tuesday after Republicans boycotted a key vote over objections to Sarah Bloom Raskin, the…

Republican Toomey: Senate panel should not vote on Fed picks

Republican Toomey: Senate panel should not vote on Fed picks

© Reuters. Committee Ranking Member Senator Pat Toomey (R-PA) delivers his opening statement during a Senate Banking Committee hearings with U.S. Treasury Undersecretary For Domestic Finance Nellie Liang in Washington, D.C, U.S., February 15, 2022. Win McNamee/Pool (Reuters) – The U.S. Senate Banking Committee should not vote on President Joe Biden’s slate of Federal Reserve…