By Julie Zhu, Engen Tham and Jing Xu HONG KONG/SHANGHAI/BEIJING (Reuters) -China has ordered its top four state-owned banks to…
Analysis-As economy stutters, China’s youth seek safety of civil service
By Eduardo Baptista BEIJING (Reuters) – As a physics student at the elite Peking University in Beijing, Lynn Lau was…
ECB’s Lagarde warns some fiscal policies in Europe could fuel excess demand
BANGKOK (Reuters) – European Central Bank President Christine Lagarde warned on Friday that some European governments’ fiscal policies could lead…
Huawei CFO’s U.S. bank fraud charges to be dismissed
By Karen Freifeld (Reuters) – U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges against…
World Bank chief says poorest countries owe $62 billion on bilateral debt
By David Lawder WASHINGTON (Reuters) -The world’s poorest countries now owe $62 billion in annual debt service to official bilateral…
IMF’s Georgieva to press for quicker action on debt relief with China
By Andrea Shalal NEW YORK (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that she will travel…
World Bank chief says poorest countries owe $62 billion on bilateral debt
By David Lawder WASHINGTON (Reuters) -The world’s poorest countries now owe $62 billion in annual debt service to official bilateral…
World Bank’s Malpass: Bill for rebuilding Ukraine rising, not detecting donor fatigue
NEW YORK (Reuters) – World Bank President David Malpass on Thursday said the expected cost for rebuilding Ukraine will go…
Biden says can ‘tweak’ inflation act to include European countries
By Michel Rose, Jeff Mason and Jarrett Renshaw WASHINGTON (Reuters) – U.S. President Joe Biden said that new laws that…
Florida pulls $2 billion from BlackRock in largest anti-ESG divestment
By Ross Kerber (Reuters) -Florida’s chief financial officer said on Thursday his department would pull $2 billion worth of its…