By Andrea Shalal (Reuters) – World Bank President Ajay Banga unveiled new plans on Tuesday to stretch the bank’s balance sheet and help countries tackle climate change and other challenges[...]
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July 18, 2023
India’s Adani confident of governance, slams Hindenburg
By Chris Thomas and Sethuraman N R BENGALURU (Reuters) -India’s Adani Group is confident of its governance and disclosure standards after a top court panel found no lapses at the conglomerate, i[...]
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TSMC Q2 earnings seen down 27% y/y, Q3 looks better
By Faith Hung and Ben Blanchard TAIPEI (Reuters) – Taiwanese chipmaker TSMC is expected to report a 27% fall in second-quarter net profit on Thursday, as global economic woes dent demand for sem[...]
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Factbox-Corporate debt woes are on the rise
LONDON (Reuters) – From Britain to Sweden and France, debt-laden firms are starting to feel the strain from high inflation and interest rates. Here’s a snapshot of some European companies[...]
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Marketmind: China worries keep investors jittery
A look at the day ahead in European and global markets from Ankur Banerjee Markets are still reeling from China’s raft of unimpressive data and with the economic calendar now light, worries over[...]
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Exclusive-China’s CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sources
By Selena Li and Xie Yu HONG KONG (Reuters) – China’s CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Be[...]
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Analysis-Will China ever get rich? A new era of much slower growth dawns
By Liangping Gao, Ellen Zhang and Kevin Yao BEIJING (Reuters) – China is entering an era of much slower economic growth, raising a daunting prospect: it may never get rich. Whether the world[...]
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Coinbase CEO to meet US House Democrats on Wednesday
(Reuters) -Coinbase Chief Executive Brian Armstrong will meet privately with a group of U.S. House of Representatives Democrats on Wednesday morning and plans to make remarks on the future of digital[...]
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Australia central bank hit pause as policy clearly restrictive, risking growth
SYDNEY, July 18 (Reuters) – Australia’s central bank decided to keep interest rates steady this month as policy was clearly restrictive and there was a risk a squeeze on household finances[...]
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