By Marc Jones LONDON (Reuters) – The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for more interest rate hikes, warning the world econ[...]
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Asia
Philippine finance secretary sees ‘long pause’ in rate hikes
MANILA (Reuters) – Philippine Finance Secretary Benjamin Diokno said he expected the central bank, of which he is a policymaker, to take a “long pause” in raising interest rates stea[...]
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US stocks slip, crude gains on Russia tensions, rate hike worries
By Stephen Culp NEW YORK (Reuters) – Wall Street lost ground on Monday and crude prices advanced as investors digested the aborted Russian mutiny over the weekend and wrestled with lingering con[...]
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Dollar edges off 15-month high vs rouble as Russia eyed
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose against the rouble on Monday, although it had pulled back from the 15-month high hit earlier in the session, while the Japanese yen gain[...]
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Honda recalling 1.3 million vehicles worldwide for rear camera issue
By David Shepardson WASHINGTON (Reuters) -Honda Motor is recalling 1.3 million vehicles worldwide due to a potential issue with the rearview camera image, the U.S. National Highway Traffic Safety Admi[...]
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U.S. Supreme Court spurns Apple-Broadcom challenge to Caltech patents
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear a bid by Apple Inc and Broadcom Inc to revive their challenges to Caltech data-transmission patents in a patent infringem[...]
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Goldman Sachs taps former BofA executive Tom Montag for board -source
By Saeed Azhar and Manya Saini NEW YORK (Reuters) – Goldman Sachs Group Inc plans to add former Bank of America executive Tom Montag to its board, a person familiar with the matter said on Monda[...]
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Aborted mutiny sends volatile rouble to 15-month low
By Alexander Marrow (Reuters) – The rouble sank to its lowest in nearly 15 months against the dollar on Monday in one of its most volatile sessions this year as investors responded for the first[...]
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Factbox-Sri Lanka’s domestic debt rework targets IMF goals, economic recovery
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka will announce a reworking of its domestic debt later this week to meet targets set by the International Monetary Fund (IMF) and aim to turn around its[...]
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