UN chief says global finance system fragmenting; Myanmar crisis worsens
UN Secretary General Antonio Guterres speaks during his bilateral meeting with Indonesian President Joko Widodo on the sidelines of the...
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Digital euro package should be focus of next EU Commission – McGuinness
European flags fly outside the European Commission headquarters in Brussels, Belgium March 13, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS,...
London stocks extend losses on global economic gloom, WH Smith slides
Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3,...
European asset managers reject plans for tigher liquidity rules
LONDON, Sept 5 (Reuters) - Proposals to force open-ended investment funds to hold more liquid assets to cope with a...
Argentina, in dollar love affair, agonizes over divorcing the peso
LONDON/BUENOS AIRES/NEW YORK, Sept 5 (Reuters) - María Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salary, a hedge against Argentina's persistent inflation now running at over 100% and a steady devaluation of the little-loved local peso.The peso currency is now in the crosshairs of the country's dark horse presidential front-runner, libertarian radical Javier Milei, who has pledged to eventually scrap the central bank and dollarize the economy, Latin America's third largest.Milei - facing a tight three-way battle with traditional political...
SoftBank’s Arm aims for over $52 bln valuation in biggest US IPO of the year
Sept 5 (Reuters) - SoftBank Group's (9984.T) Arm is seeking a valuation of more than $52 billion in its initial public offering, the chip designer said on Tuesday as it begins marketing for the biggest U.S. stock market flotation of the year.SoftBank is offering 95.5 million American depository shares of the United Kingdom-based company for $47 to $51 apiece and is looking to raise up to $4.87 billion at the top of the range, Arm said in a regulatory filing.The valuation that Arm is chasing now represents a climb-down from...
Raise pension contributions to combat UK capital market decline, says think-tank
Pensioners walk through woodland during lockdown amid the coronavirus (COVID-19) outbreak, in London, Britain, November 21, 2020. REUTERS/Russell Boyce/File Photo...
Russia central bank head not ruling out rate hike, against tighter currency controls
National flag flies over the Russian Central Bank headquarters in Moscow, Russia May 27, 2022. REUTERS/Maxim Shemetov//File Photo Acquire Licensing...
Some UK banks improving interest rates for savers, says watchdog
Signage is seen for the FCA (Financial Conduct Authority), the UK's financial regulatory body, at their head offices in London,...
UK financial data market escapes competition probe for now
Signage is seen for the FCA (Financial Conduct Authority), the UK's financial regulatory body, at their head offices in London,...
