MOSCOW (Reuters) – The Russian rouble fell past 75 to the dollar on Friday, extending a recent weakening trend sparked…
Credit Suisse Singapore CEO to leave in latest banker exit at firm
SINGAPORE (Reuters) – Credit Suisse Singapore chief executive officer, Chien Chien Wong, is leaving to pursue outside interests, according to…
With Japan’s new central bank boss, Kishida bids farewell to Abenomics
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – For Prime Minister Fumio Kishida, Japan’s next central bank chief had…
Swiss Re 2022 net profit down 67%; sees brighter outlook for 2023
FRANKFURT (Reuters) – Reinsurance company Swiss Re said on Friday that net profit for 2022 fell 67% as it faced…
Thai Q4 GDP unexpectedly falls, 2023 outlook trimmed
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy unexpectedly contracted in the final quarter of 2022 as…
Analysis-European firms strike high-stakes bond deals as interest rates rise
By Pablo Mayo Cerqueiro and Chiara Elisei LONDON (Reuters) – European firms are selling debt that can be converted into…
Russians switch to used cars as sanctions pummel auto sector
By Gleb Stolyarov and Alexander Marrow MOSCOW (Reuters) – Spending on new cars in Russia more than halved last year…
How sanctions complicated day-to-day banking for Russians
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) – Financial sanctions against Russia have strangled its banks’ profits and wrecked…
U.S. senator seeks ‘full accounting’ of Southwest Airlines meltdown refunds
By David Shepardson WASHINGTON (Reuters) -U.S. Senate Commerce Committee chair Maria Cantwell on Thursday asked Southwest Airlines to provide a…
VR firm Pico, owned by Chinese TikTok maker ByteDance, announces ‘small’ layoffs
By Josh Ye HONG KONG (Reuters) – Pico, a virtual reality (VR) headset manufacturer owned by TikTok’s Chinese developer ByteDance,…