Breadcrumb Trail Links PMN Business Author of the article: Reuters Upasana Singh Published Mar 03, 2023 • 3 minute read Join the conversation Article content Most Asian stocks and currencies rose on Friday against a softer U.S. dollar, as strong economic Financial Post Top Stories Sign up to receive the daily top stories from the […]
Article content ZURICH — Four bankers will stand trial in Zurich next week accused of helping a man known as “Vladimir Putin’s wallet” deposit millions of Swiss francs in Switzerland. The four men, who worked at Gazprombank, will appear at Zurich District Court on March 8 accused of lacking diligence in financial transactions. Article content […]
Article content MOSCOW — Sanctioned Russian digital lender Tinkoff Bank said on Thursday its mobile applications had been deleted from Apple’s App Store, following the imposition of European Union sanctions last week. Tinkoff, owned by TCS Group Holding, was included in the EU’s tenth package of sanctions against Russia outlined last week as the latest […]
Article content NEW DELHI — India’s top court on Thursday asked the market regulator to investigate any possible lapses in securities law or other regulatory disclosures by the Adani group that has been hard by allegations of business malpractice by a U.S. short seller. The Supreme Court of India also ordered the formation of an […]
Breadcrumb Trail Links PMN Business US futures declined along with Asian equities Thursday as Treasury yields continued to edge higher following another round of hawkish comments by Federal Reserve officials. Author of the article: Bloomberg News Brett Miller Published Mar 02, 2023 • 3 minute read Join the conversation “It’s almost impossible to argue for […]
Article content TOKYO — Japan’s Nikkei share average eked out gains to end higher on Monday, as sentiment improved after data showed China’s manufacturing activity in February expanded at the fastest pace in more than a decade. The Nikkei index closed up 0.26% at 27,516.53, after falling as much as 0.5% earlier in the day […]
Article content FUKUSHIMA — Bank of Japan (BOJ) board member Junko Nakagawa said on Wednesday the central bank must maintain ultra-loose monetary policy for the time being, as the economy has yet to sustainably achieve its 2% inflation target. She also said more time was needed to gauge whether the BOJ’s decision in December to […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Ira Dugal Published Mar 01, 2023 • 3 minute read Join the conversation Article content MUMBAI — The apparent slowdown in India’s GDP growth in the October-December quarter has been driven to a large extent by revisions to past data, economists said, adding that the […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Tim Cocks Published Mar 01, 2023 • 3 minute read Join the conversation Article content LAGOS — For much of his political career, Nigerian President-elect Bola Tinubu has exerted power from behind the scenes, widely regarded as a “godfather” who uses an extensive […]
Article content TOKYO — Incoming Bank of Japan (BOJ) Governor Kazuo Ueda said on Monday he had ideas on how the central bank could exit its massive stimulus, but a shift to tighter policy would only come when the country’s trend inflation heightens significantly. The central bank will reduce its bond buying and likely head […]