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StanChart CEO says Credit Suisse bond wipeout had profound impact
HONG KONG (Reuters) - Standard Chartered Chief Executive Bill Winters said on Friday Credit Suisse's $17 billion Additional Tier 1 bonds wipeout had "profound" implications for global bank regulations...
Syndicated Content Mar 23, 2023
Trump lawyer testified to grand jury in December in classified documents probe
By Jacqueline Thomsen (Reuters) - An attorney for former U.S. President Donald Trump voluntarily testified before a Washington, D.C., federal grand jury in December 2022 on efforts to find any remaini...
Syndicated Content Mar 23, 2023
Analysis-Billionaire Ambani adopts familiar playbook in India cola battle vs Coke, Pepsi
By Praveen Paramasivam and Aditya Kalra CHENNAI/NEW DELHI (Reuters) - Indian industrial giant Reliance is reviving a historic local cola brand with plans to use its vast retail network, slash prices a...
Syndicated Content Mar 23, 2023
ECB to reassure EU leaders on bank stability, call for EU deposit insurance
By Jan Strupczewski BRUSSELS (Reuters) - The European Central Bank is likely to reassure European Union leaders on Friday that euro zone banks are safe after market turbulence caused by Swiss and U.S....
Syndicated Content Mar 23, 2023
U.S. carries out air strikes in Syria after deadly attack
WASHINGTON (Reuters) - The U.S. military carried out multiple air strikes in Syria on Thursday night against Iran-aligned groups who it blamed for a deadly drone attack that killed a contractor, injur...
Syndicated Content Mar 23, 2023
Huawei makes breakthrough in design tools for 14nm chips – media
SHENZHEN, China - Huawei Technologies Co Ltd has made breakthroughs in electronic design automation (EDA) tools for chips employing 14 nanometres-plus technology, Caijing financial news magazine repor...
Syndicated Content Mar 23, 2023
U.S. due diligence firm Mintz Group’s Beijing office raided, five staff detained -source
By Michael Martina WASHINGTON (Reuters) - U.S. corporate due diligence firm Mintz Group's Beijing office was raided by authorities and five Chinese staff were detained, a source with the company told ...
Syndicated Content Mar 23, 2023
Philippines, China say need to work together over maritime issues
MANILA (Reuters) - Maritime issues between the Philippines and China play an important part in relations between the countries, senior officials from the countries said on Friday, as both sides pledge...
Syndicated Content Mar 23, 2023
Asian shares falter on banking concerns, bonds bet on last rate hikes
By Stella Qiu SYDNEY (Reuters) - Asian shares were lower on Friday as lingering banking stability concerns gripped Wall Street, while bonds bet the recent slew of rate hikes by central banks will be a...
Syndicated Content Mar 23, 2023
India current account deficit likely narrowed to 2.7% of GDP in Q4: Reuters poll
By Madhumita Gokhale BENGALURU (Reuters) - India's current account deficit is likely to have improved in the final quarter of 2022 from a nine-year high in July-September as the goods trade gap modera...
Syndicated Content Mar 23, 2023
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