By Leika Kihara TOKYO (Reuters) – Japan likely won’t seek to reverse the yen’s downtrend with exchange-rate intervention as recent falls reflect economic fundamentals, former top cur[...]
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October 8, 2023
Embattled Metro Bank secures capital, Colombian billionaire Gilinski to take control
By Iain Withers and Anousha Sakoui LONDON (Reuters) -Embattled British bank Metro announced a 325 million pound ($396.5 million) capital raise and 600 million pound debt refinancing on Sunday, after a[...]
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Marketmind: Watch safe-havens, oil
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Monday will have their first opportunity to react to Fri[...]
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Middle East conflict adds new risks to global economic outlook
By Howard Schneider and Ann Saphir DALLAS (Reuters) – The outbreak of military conflict in the Middle East may leave central bankers battling new inflationary trends as well as deal a blow to ec[...]
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Saudi Arabia, other Arab states reaffirm commitment to voluntary oil production adjustments
(Reuters) – Bahrain, Iraq, Kuwait, Oman, Saudi Arabia and the United Arab Emirates reaffirmed their commitment to “collective and individual voluntary adjustments” to oil production,[...]
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BIS’ Carstens: too early to say how new war will impact global outlook
DALLAS (Reuters) – Bank for International Settlements General Manager Agustin Carstens on Sunday said it’s “too early to say” how the newly erupted conflict in Israel will affe[...]
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Shawbrook makes offer for Co-op Bank, eyes fresh Metro Bank bid –sources
By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – British specialist lender Shawbrook made an offer for rival Co-op Bank and is weighing a fresh bid for embattled Metro Bank, people[...]
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IMF closely monitoring situation in Israel, Gaza
MARRAKECH, Morocco (Reuters) – The International Monetary Fund on Sunday said it was closely monitoring developments in Israel and Gaza, and it was too early to assess any economic impact. “We a[...]
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Birkenstock eyes pricing IPO at top of range -sources
By Anirban Sen NEW YORK (Reuters) -Birkenstock Holding has secured enough commitments from investors to price its U.S. initial public offering (IPO) at the top of its indicated range and attain a $10[...]
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