GENEVA (Reuters) – The next World Trade Organization ministerial conference will be held in Abu Dhabi, United Arab Emirates in February 2024, the global trade watchdog confirmed in a statement o[...]
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BOJ may unwind ultra-easy policy in 2023, nearly half of economists say: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan (BOJ) could unwind its ultra-loose monetary policy between March and October next year, according to almost half the economists in a Reuters[...]
Read moreFoxconn fine for unauthorised China investment likely to be imposed soon – source
TAIPEI (Reuters) – Foxconn, the world’s largest contract electronics maker, is likely to be fined soon by Taiwan’s government for an unauthorised investment in a Chinese chip maker,[...]
Read moreIntel delaying German factory start, wants more subsidies, Volksstimme reports
BERLIN (Reuters) – Intel Corp has backed away from its original target of opening a chip factory in the eastern German city of Magdeburg in the first half of 2023, regional newspaper Volksstimme[...]
Read moreIranian oil workers protest for higher wages -social media
DUBAI (Reuters) -Groups of oil workers held protests in southern Iran on Saturday, demanding higher wages and retirement bonuses, according to videos and reports posted on social media. The reported o[...]
Read moreSunak scraps Energy Supply Taskforce introduced by Truss- Sky News
(Reuters) – British Prime Minister Rishi Sunak is scrapping Lizz Truss’s Energy Supply Taskforce plan introduced in September, Sky News reported on Saturday. (Reporting by Jose Joseph in B[...]
Read moreSwiss central bank sees onus on Credit Suisse to execute revamp
ZURICH (Reuters) – Credit Suisse needs to execute its revamp successfully and end a string of negative headlines from Switzerland’s second-biggest bank, Swiss National Bank Chairman Thomas[...]
Read moreECB rate hikes help Russia by damaging EU economy, Italy minister says
By Angelo Amante and Crispian Balmer ROME (Reuters) – The European Central Bank’s interest rate policy is damaging Europe’s economy and helping Russia undermine Western solidarity fo[...]
Read moreState Department launches ‘China House’ amid rivalry with Beijing
WASHINGTON (Reuters) – The U.S. State Department on Friday launched its long-planned “China House” unit, an internal reorganization to help expand and sharpen its policymaking toward[...]
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