Wealth Growth Daily

Politics

Analysis-Soaring UK bond yields don’t herald repeat of ‘mini-budget’ chaos

BY Reuters  • June 15, 2023June 15, 2023
By Yoruk Bahceli and David Milliken LONDON (Reuters) – Britain’s government bond market has seen its heaviest sell-off since last autumn’s “mini-budget” crisis, lifting t[...]
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Business Economy Europe Politics UK

US lawmakers seek new law to protect TikTok user information

BY Reuters  • June 14, 2023June 14, 2023
By David Shepardson WASHINGTON (Reuters) – A bipartisan group of six senators and two members of the House of Representatives on Wednesday introduced legislation to protect Americans’ data from[...]
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Asia Business Politics Technology Updated US

Canada finance minister: Stellantis investment ‘is coming’

BY Reuters  • June 14, 2023June 14, 2023
OTTAWA (Reuters) – Canada, which has been renegotiating its support for a Stellantis-LGES electric vehicle battery plant, is confident that the investment is good for the country and “is c[...]
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Asia Business Canada Economy Europe Politics

Swiss parliament names 14-member commission to probe Credit Suisse crash

BY Reuters  • June 14, 2023June 14, 2023
ZURICH (Reuters) – Switzerland’s parliament announced on Wednesday the 14 members of a special commission that will look into Credit Suisse’s collapse and its subsequent rescue engin[...]
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Business Economy Europe Politics Top News Updated

CFPB ‘open banking’ proposal due in October: official

BY Reuters  • June 14, 2023June 14, 2023
(Reuters) – The Consumer Financial Protection Bureau, the top U.S. agency supervising the retail financial services sector, is due to propose in October a long-awaited rule on consumers’ c[...]
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Business Politics

US banks have strengthened liquidity after spring turmoil but must remain vigilant -regulator

BY Reuters  • June 14, 2023June 14, 2023
By Pete Schroeder WASHINGTON (Reuters) – A top U.S. bank regulator said on Wednesday that while banks have strengthened their liquidity after the spring banking crisis, firms must remain on guar[...]
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Business Politics US

Volkswagen subsidy to cost Canada C$2.4 billion more than forecast

BY Reuters  • June 14, 2023June 14, 2023
By Ismail Shakil OTTAWA (Reuters) – Canada’s budgetary watchdog estimated on Wednesday that a deal offering Volkswagen production tax credits to build a battery gigafactory in the country[...]
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Asia Business Canada Economy Europe Politics Updated

Most G20 nations see banking system sound as bloc talks financial stability – official

BY Reuters  • June 14, 2023June 14, 2023
NEW DELHI (Reuters) – Most G20 member nations are of the view that banking systems and regulations in their countries are steady, India’s chief economic advisor said on Wednesday. “M[...]
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Asia Business Economy Politics US

German activists target Deutsche Bank and JPMorgan on carbon policies

BY Reuters  • June 14, 2023June 14, 2023
By Tom Sims FRANKFURT (Reuters) – Climate activists on Wednesday targeted two of the globe’s biggest banks – Deutsche Bank and JPMorgan – for their fossil fuel investment polic[...]
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Business Environment Europe Politics Updated
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