Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Japan ex-FX diplomat: Yen’s slow fall makes imminent intervention less likely
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) - The slow pace of the yen's recent fall makes imminent market intervention by Japanese authorities less likely than a year ago, when they last st...
Oct 03, 2023
Explainer-What charges does Sam Bankman-Fried face over FTX’s collapse?
By Luc Cohen NEW YORK (Reuters) - Sam Bankman-Fried is set to go on trial on Tuesday on fraud and conspiracy charges related to the collapse of FTX, the now-bankrupt cryptocurrency exchange he founded...
Oct 03, 2023
Key moments leading up to FTX founder Sam Bankman-Fried’s trial
By Luc Cohen (Reuters) - Sam Bankman-Fried's fraud trial, which is set to kick off on Tuesday, marks the culmination of a yearlong legal saga stemming from the dramatic collapse of the FTX cryptocurre...
Oct 03, 2023
Analysis-Detroit’s strikes become an industrial ‘Survivor’ game
By Joseph White DETROIT (Reuters) - The United Auto Workers head into the 19th day of strikes with a bold strategy that places the Detroit Three automakers into a high-stakes game of "Survivor" with a...
Oct 03, 2023
Sam Bankman-Fried heads for trial on charges of stealing billions from FTX users
By Jody Godoy and Luc Cohen NEW YORK (Reuters) - Sam Bankman-Fried is set to go on trial on charges of stealing billions of dollars from customers of his FTX cryptocurrency exchange starting on Tuesda...
Oct 03, 2023
Marketmind: This Fed’s not for turning
A look at the day ahead in U.S. and global markets by Mike Dolan If markets had been hoping the Federal Reserve might be minded to push back against the relentless rise in U.S. bond yields, they've be...
Oct 03, 2023
Sri Lanka likely to resume rate cuts Thursday to spur growth- Reuters poll
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's central bank is expected to resume interest rate cuts on Thursday as it attempts to bolster a recovery from its worst economic crisis in decades, c...
Oct 03, 2023
Thai baht depreciation due to external factors, being monitored – central bank
BANGKOK (Reuters) - Thailand's central bank said on Tuesday it was closely watching movement in the baht currency , which it said is a result of external factors and in line with regional peers. The b...
Oct 03, 2023
South Sudan president fires another central bank governor
JUBA (Reuters) - South Sudan's President Salva Kiir has sacked central bank governor Johnny Ohisa Damian and other senior finance officials, state television announced, the second time he has removed ...
Oct 03, 2023
Explainer-How Singapore’s unique monetary policy works
By Xinghui Kok SINGAPORE (Reuters) - Singapore's central bank has a unique method of conducting monetary policy, tweaking the exchange rate of its dollar instead of changing domestic interest rates li...
Oct 03, 2023
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