Tag: finance

© Reuters. FILE PHOTO: Employees of Samsung Group work at the company’s headquarters in Seoul April 22, 2008. REUTERS/Jo Yong-Hak (Reuters) – South Korea’s Samsung (KS:005930) Group is in talks to buy U.S. drugmaker Biogen Inc (NASDAQ:BIIB), Korea Economic Daily reported on Wednesday, citing investment banking sources. The report said Biogen approached Samsung to buy…

© Reuters. FILE PHOTO: The logo of Germany’s Federal Financial Supervisory Authority BaFin (Bundesanstalt fuer Finanzdienstleistungsaufsicht) is pictured outside an office building of the BaFin in Bonn, Germany, April 15, 2019. REUTERS/Wolfgang Rattay By Tom Sims and Hans Seidenstuecker FRANKFURT (Reuters) -German financial regulator BaFin has fined Deutsche Bank (DE:DBKGn) nearly $10 million for controls…

© Bloomberg. People’s Liberation Army soldiers stand in front of the People’s Bank of China (PBOC) in Beijing, China, on Monday, Dec. 13, 2021. Economists predict China will start adding fiscal stimulus in early 2022 after the country’s top officials said their key goals for the coming year include counteracting growth pressures and stabilizing the…

© Reuters. FILE PHOTO: People wearing face masks walk past the headquarters of Chinese central bank People’s Bank of China (PBOC), April 4, 2020. REUTERS/Tingshu Wang SHANGHAI (Reuters) – China’s central bank said on Saturday it will safeguard the legal rights of home buyers and better satisfy their reasonable living needs, vowing to promote healthy…

© Reuters. FILE PHOTO: A man walks towards the entrance of OzdilekPark Shopping Center in the business and financial district of Levent, in Istanbul, Turkey September 8, 2020. REUTERS/Murad Sezer/File Photo By Ebru Tuncay and Ceyda Caglayan ISTANBUL (Reuters) – Turkish banks reacted to the government’s new lira-defence scheme by jacking up loan rates in…

© Reuters. FILE PHOTO: A job seeker leaves the job fair for airport related employment at Logan International Airport in Boston, Massachusetts, U.S., December 7, 2021. REUTERS/Brian Snyder/File Photo By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week as the labor market…

© Reuters. FILE PHOTO: A money changer counts Turkish lira banknotes at a currency exchange office in Ankara, Turkey November 11, 2021. REUTERS/Cagla Gurdogan By Nevzat Devranoglu and Ezgi Erkoyun ISTANBUL (Reuters) – Turkey’s lira rallied further on Thursday and was on track for its best week in two decades, boosted by a government plan…

© Reuters. FILE PHOTO: People look out to the City of London financial district from a viewing platform in London, Britain, October 22, 2021. REUTERS/Hannah McKay (Refiles to correct date in dateline) LONDON (Reuters) – Britain’s economy grew more slowly than previously thought in the July-September period, before the Omicron variant of the coronavirus posed…

2/2 © Reuters. FILE PHOTO: A person holds a placard as climate activists including Extinction Rebellion and Fridays for Future stage a protest demanding more action whilst G20 climate and environment ministers hold a meeting in Naples, Italy, July 22, 2021. REUTERS/Guglielmo Mangiapane/File Photo 2/2 By Pete Schroeder WASHINGTON (Reuters) – Large U.S. banks would…

© Reuters. FILE PHOTO: A general view of Two International Finance Centre (IFC), HSBC headquarters and Bank of China in Hong Kong, China July 13, 2021. REUTERS/Tyrone Siu By Alun John HONG KONG (Reuters) – Financial institutions think business conditions in Hong Kong and mainland China will deteriorate in the coming years, although they plan…