© Reuters. FILE PHOTO: A logo of DBS is pictured outside an office in Singapore January 5, 2016. REUTERS/Edgar Su By Anshuman Daga SINGAPORE (Reuters) – DBS Group (OTC:DBSDY) flagged strong business momentum after its profit rose to a record last year, cementing a recovery for Southeast Asia’s largest lender as pandemic-hit economies rebound and…
TOKYO (Reuters) – Japan’s chief cabinet secretary Hirokazu Matsuno voiced hope on Monday that the central bank will continue to make efforts to accelerate inflation to its 2% target. “Specific monetary policy means falls under the jurisdiction of the Bank of Japan. We hope the BOJ continues to strive toward achieving its price goal,” Matsuno…
© Reuters. FILE PHOTO: The Bank of England is seen in London March 19, 2008. REUTERS/Luke MacGregor/File Photo By Swathi Nair BENGALURU (Reuters) – The Bank of England will raise interest rates faster than previously thought to tame surging inflation, according to economists polled by Reuters who significantly upgraded their forecasts for consumer price rises.…
© Reuters. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland, November 3, 2021. REUTERS/Arnd WIegmann By John O’Donnell and Brenna Hughes Neghaiwi FRANKFURT (Reuters) – Weary Credit Suisse (SIX:CSGN) investors fear a long wait for the bank to get back on piste after a string…
© Reuters. FILE PHOTO: The City of London financial district can be seen as people walk along the south side of the River Thames, amid the coronavirus disease (COVID-19) outbreak in London, Britain, March 19, 2021. REUTERS/Henry Nicholls By William Schomberg LONDON (Reuters) – British employers expect to raise staff pay by the most in…
© Reuters. FILE PHOTO: An UNHCR worker pushes a wheelbarrow loaded with aid supplies for a displaced Afghan family outside the distribution center as a Taliban fighter secures the area on the outskirts of Kabul, Afghanistan October 28, 2021. REUTERS/Zohra Bensemra KABUL (Reuters) – Afghanistan’s central bank on Saturday criticised Washington’s plan to use half…
© Reuters. FILE PHOTO: A ‘Wall St’ sign is seen above two ‘One Way’ signs in New York August 24, 2015. REUTERS/Lucas Jackson/File Photo By Bansari Mayur Kamdar and Noel Randewich (Reuters) – Wall Street stocks ended sharply lower on Friday for the second straight session, as investors fretted about deepening tensions between Russia and…
© Reuters. FILE PHOTO: sign board displaying Toronto Stock Exchange (TSX) stock information is seen in Toronto June 23, 2014. REUTERS/Mark Blinch/File Photo By Fergal Smith TORONTO (Reuters) – Canada’s main stock index edged higher on Friday, adding to this week’s gains, as rising concern that Russia could invade Ukraine sent oil and gold prices…
© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas By Andrea Shalal WASHINGTON (Reuters) – The U.S. Treasury Department on Friday rejected an appeal by 18 Democratic lawmakers who want the International Monetary Fund (IMF) to end its practice of…
(Reuters) – The U.S. Senate Banking committee’s top Republican on Friday took renewed aim at President Joe Biden’s nominee to a senior Federal Reserve post, Sarah Bloom Raskin, suggesting she had improperly lobbied the head of the Kansas City Fed on behalf of a fintech firm on whose board she then served. In an interview…
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