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…
Petronas units in Luxembourg seized again in $15 billion arbitration dispute
By Rozanna Latiff KUALA LUMPUR (Reuters) – Luxembourg court bailiffs issued fresh seizure orders for two units of Malaysian state…
U.S. concerned about debt Pakistan owes China, official says
By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – The United States is concerned about debt owed to China by Pakistan and…
South Korea looking into bonuses at insurers, card firms – Yonhap
SEOUL (Reuters) – South Korea’s financial regulator is looking into bonus schemes at major insurance and credit card companies as…
U.S. lawmakers seek answers from egg companies on record-high prices
By Leah Douglas (Reuters) – Two U.S. lawmakers have sent letters to the country’s top egg companies seeking answers for…
Academic, policy architect, banking expert form BOJ’s new leadership
By Leika Kihara TOKYO (Reuters) – The Bank of Japan’s incoming governor Kazuo Ueda will lead a powerful trio that…
China sanctions Lockheed Martin, Raytheon over Taiwan arms sales
BEIJING (Reuters) -China on Thursday put Lockheed Martin and a unit of Raytheon Technologies on an “unreliable entities list” over…
Exclusive-World Bank may loosen loan ratio to free up $4 billion a year
By Andrea Shalal WASHINGTON (Reuters) – The World Bank, under pressure to do more to help developing countries cope with…
ECB’s Makhlouf says long way to 2% target; credibility ‘at risk’
DUBLIN (Reuters) – The European Central Bank still has a way to go to sustainably return inflation to its 2%…