(Reuters) – Swedish telecoms company Ericsson beat a lawsuit by U.S. shareholders on Wednesday, when a federal judge ruled it did not mislead investors about its compliance with U.S. anti-briber[...]
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May 25, 2023
Marketmind: Fitch puts US on watch; will it matter in Washington?
A look at the day ahead in European and global markets from Sonali Desai. The U.S. debt ceiling saga continues to hang over global markets, with the White House and Republicans both citing progress in[...]
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Bank of Korea stands pat but warns against rate cut bets
By Choonsik Yoo and Jihoon Lee SEOUL (Reuters) -South Korea’s central bank on Thursday flagged it may not be done tightening, sending bond yields soaring, after it held rates steady for a third[...]
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Boyu, Hillhouse, others vie for HK-based medical device firm Quasar -sources
By Kane Wu and Yantoultra Ngui HONG KONG (Reuters) – Private equity firms Boyu Capital, Hillhouse Capital and BPEA EQT are among bidders vying for Longreach Group’s Hong Kong-based medical[...]
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Fitch puts US rating on negative watch as debt deadline looms
(Reuters) -Ratings agency Fitch put the United States’ credit on watch for a possible downgrade on Wednesday, raising the stakes as talks over the country’s debt ceiling go down to the wir[...]
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Despite promises, automakers lack ‘concrete actions’ to decarbonise steel – Greenpeace
TOKYO (Reuters) – Automakers, including Toyota and Volkswagen, should decarbonise their steel supply and cut back on the material’s consumption by reducing the size of vehicle models, Gree[...]
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Republicans, White House see progress in US debt ceiling talks
By David Morgan, Andrea Shalal and Moira Warburton WASHINGTON (Reuters) -Negotiators for Democratic President Joe Biden and top congressional Republican Kevin McCarthy held what both sides called prod[...]
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Singapore’s Q1 GDP contraction raises recession risk; China revival key
By Xinghui Kok SINGAPORE (Reuters) -Singapore’s economy contracted in the first quarter, raising the risk of a recession in the city state as the global economic outlook weakens and major tradin[...]
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BOJ may abandon bond yield cap this year – govt panellist
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan (BOJ) may abandon a controversial bond yield cap this year if risks clouding the outlook, such as global banking sector woes[...]
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