Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Australia central bank to get power to take over distressed clearing and settlement providers
By Lewis Jackson SYDNEY (Reuters) - Australia will give its central bank new powers to take over and if necessary, wind up, clearing and settlement providers at risk of failure, according to draft leg...
Dec 14, 2023
Asian shares hit four-month peak as Fed pivot rally rolls on
By Stella Qiu SYDNEY (Reuters) -Asian shares hit a four-month peak on Friday as sharp declines in the dollar and U.S. yields extended the Fed-fuelled rally, but pushback on rate cuts from central bank...
Dec 14, 2023
Dollar feels the heat as Fed’s dovish pivot weighs
By Ankur Banerjee SINGAPORE (Reuters) - The dollar languished near four-month lows on Friday, weighed by growing prospects of U.S. interest rate cuts next year, while the euro and pound found support ...
Dec 14, 2023
Oil prices on track for first weekly rise in two months
By Laura Sanicola (Reuters) - Oil prices rose in early Asian trade on Friday, on track to notch their first weekly rise in two months after benefiting from a bullish forecast from the International En...
Dec 14, 2023
China’s Nov new home prices fall for fifth straight month
BEIJING (Reuters) - China's new home prices fell for the fifth straight month in November, official data showed on Friday, as the sector still struggles to elbow its way out of a weak market in the fa...
Dec 14, 2023
Citi’s Mexico unit set to split off by late 2024 -local media
MEXICO CITY (Reuters) -Citigroup's Mexican retail unit, known as Banamex, is set to split off from its parent by the second half of 2024, the lender's Mexico head, Manuel Romo, told local media on Thu...
Dec 14, 2023
Japan’s factory activity extends declines as pressures persist- PMI
TOKYO (Reuters) - Japan's factory activity shrank for a seventh straight month in December while the service sector made modest gains, a business survey showed on Friday, as weak demand and price pres...
Dec 14, 2023
Peru again cuts interest rate as inflation eases
By Kylie Madry (Reuters) - Peru's central bank on Thursday cut its interest rate by 25 basis points to 6.75%, in line with expectations and as the speed of price increases in the Andean nation comes u...
Dec 14, 2023
Asian IPO market seen brighter in 2024 but elections cast shadows
By Scott Murdoch SYDNEY (Reuters) - Bankers in Asian equity capital markets are hopeful of a better year in 2024 after a dismal showing for IPOs this year, noting that interest rates have stabilised g...
Dec 14, 2023
Citigroup closes municipal underwriting and market-making unit- memo
By Tatiana Bautzer NEW YORK (Reuters) - Citigroup has decided to close its municipal underwriting and market-making activities, according to a memo seen by Reuters. "The economics of these activities ...
Dec 14, 2023
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