By John Revill and Ludwig Burger ZURICH (Reuters) -Roche said on Monday the head of its pharmaceuticals division had decided to leave after 16 years with the Swiss drugmaker, heralding a wider reshuff[...]
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December 12, 2022
Turkey jobless rate rises ahead of tight election for Erdogan
By Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) – Turkey’s unemployment rate edged up to 10.2% in October, data showed on Monday, posing a potential challenge to President Tayyip Er[...]
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Credit Suisse’s Greater China CEO to leave bank this week – memo
By Summer Zhen and Selena Li Hong Kong (Reuters) – Carsten Stoehr, Credit Suisse’s chief executive for its Greater China business, is leaving the bank, according to an internal memo seen b[...]
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Marketmind: Hunkering down
A look at the day ahead in European and global markets from Anshuman Daga Just as China faces a testing time over its dramatic COVID-19 policy pivot, financial markets are on full alert ahead of inter[...]
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Oil gains on uncertainty over U.S. pipeline restart, Russian supplies
By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices rose more than 1% on Monday as a key pipeline supplying the United States remained shut while Russian President Vladimir Putin threatened[...]
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Japan’s wholesale inflation near steady at 9.3% as commodity prices ease
By Leika Kihara TOKYO (Reuters) – Japan’s November wholesale prices rose 9.3% from a year earlier, data showed on Monday, a rate of increase that was almost unchanged from the previous mon[...]
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U.S. inflation will be much lower by end of 2023 – Yellen
By Costas Pitas and Andrea Shalal (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday forecast a substantial reduction in U.S. inflation in 2023, barring an unexpected shock. “I bel[...]
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Waning trust: China shadow banks pivot away from property to survive
By Engen Tham, Clare Jim and Julie Zhu SHANGHAI/HONG KONG (Reuters) – For more than a decade, Chinese developers’ debt-fuelled construction boom enriched the country’s shadow banks,[...]
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Dollar rises as inflation pressures persist; FOMC meeting in focus
By Rae Wee SINGAPORE (Reuters) – The dollar firmed on Monday after data showed producer prices in the United States rose more than expected last month, pointing to persistent inflationary pressu[...]
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