HSBC to pay $75 million in penalties to settle U.S. CFTC charges
NEW YORK, May 12 (Reuters) - Units of HSBC Holdings Plc (HSBA.L) have agreed to pay $75 million to settle...
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Vietnam EV maker VinFast to list in US via a SPAC
HANOI, May 12 (Reuters) - Vietnamese electric automaker VinFast said on Friday it will list in the United States via...
Filipino priest on mission in Europe to halt fossil fuel financing
Edwin Gariguez, a Catholic priest from the Philippines, who is touring top European banks on environmental issues, is pictured in...
Big US banks to pay billions to replenish failure fund
May 11 (Reuters) - Large U.S. lenders will bear most of the cost of replenishing a deposit insurance fund that...
Analysis: Sterling’s star may fade as focus shifts to squeeze on UK economy
Pound best performing G10 currency vs USD in 2023Headwinds ahead as rate hikes biteNo longer attractive in short-term -analystsLONDON, May...
IMF says US default would have ‘very serious repercussions’ on global economy
WASHINGTON, May 11 (Reuters) - The International Monetary Fund said on Thursday that a U.S. debt default prompted by failure...
Sterling trims drop after BoE hike, China’s data sends dollar higher
TOKYO, May 11 (Reuters) - Sterling trimmed declines after the Bank of England raised interest rates for the 12th consecutive...
Yellen warns US default would threaten global economy, undermine its leadership
US Secretary of the Treasury Janet Yellen talks with Chair of the Board of Governors of the US Federal Reserve...
Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout
China's use of yuan to buy Russian commodities surges since Ukraine warSpeeds China's quest to internationalise yuan, but still long...
For Chinese buyers of Russian crude, middlemen ease the way
SINGAPORE, May 11 (Reuters) - For Chinese independent refiners who have been avid buyers of cheap Russian crude in the...
