By Joyce Lee SEOUL (Reuters) -Samsung Electronics and SK Hynix will be allowed to supply U.S. chip equipment to their China factories indefinitely without separate U.S. approvals, South Korea’s[...]
Read moreOctober 9, 2023
Exclusive-Ukraine sounds out bondholders on debt restructuring, new financing -sources
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) -Ukraine has been sounding out major investors over plans to restructure the country’s $20 billion in international debt and the pos[...]
Read moreProgress in reforming development banks ‘quite limited,’ new tool shows
By Andrea Shalal MARRAKECH, Morocco (Reuters) -A new tool launched on Monday to track reforms by the World Bank and the five biggest multilateral development banks (MDBs) shows that broad changes are[...]
Read moreHigher bond yields may leave less for Fed to do on rates, Logan says
By Ann Saphir DALLAS (Reuters) -The recent rise in long-term U.S. Treasury yields, and tighter financial conditions more generally, could mean less need for the Federal Reserve to raise interest rates[...]
Read moreBank of Israel to sell up to $30 billion of forex to stabilise shekel
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) – The Bank of Israel said on Monday it will sell up to $30 billion of foreign currency in the open market, the central bank’s first[...]
Read moreMiddle East violence rattles markets, oil jumps
LONDON/NEW YORK (Reuters) – Oil surged, along with U.S. and European defense stocks, while airline shares plunged after Israel pounded the Palestinian enclave of Gaza in retaliation for one of t[...]
Read moreTesla workers in Germany join union as health and safety issues grow – union
By Victoria Waldersee GRUENHEIDE, Germany (Reuters) – Tesla workers at the carmaker’s Brandenburg plant are joining the IG Metall union in rising numbers over concerns around health, safet[...]
Read moreChina’s Country Garden eyes debt deal, Evergrande creditors anticipate liquidation
By Clare Jim and Scott Murdoch HONG KONG (Reuters) -China’s Country Garden may announce a restructuring of its offshore debt soon, local media reported, while bondholders of embattled peer China[...]
Read moreUS Fed’s top bank cop defends effort to hike bank capital
By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve’s top regulatory official defended a sweeping proposal to overhaul bank capital rules before the country’s largest bank lob[...]
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