By Jonathan Stempel TOKYO/NEW YORK (Reuters) -Warren Buffett’s Berkshire Hathaway Inc has increased its stakes in Japan’s five largest trading houses to 7.4%, and the billionaire investor[...]
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April 11, 2023
World Bank board to interview US nominee Banga in early May, sources say
By Andrea Shalal WASHINGTON (Reuters) – The World Bank’s executive board will conduct a formal interview with Ajay Banga, the U.S. nominee to success David Malpass as president of the mult[...]
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UK economy set for smaller hit in 2023 than previously feared – IMF
(Reuters) -Britain now looks set for a shallower economic hit this year than previously thought but remains on course to suffer the sharpest contraction among the world’s big economies, the Inte[...]
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Fed’s Williams says interest rate path is data dependent
(Reuters) -The prospect of the Federal Reserve raising its benchmark interest rate only once more and in a 25 basis point increment is a useful starting point but the central bank’s policy path[...]
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Japan’s MUFG sets emissions targets for real estate, shipping, steel
By David Dolan and Simon Jessop TOKYO (Reuters) – Japan’s Mitsubishi UFJ Financial Group on Tuesday laid out emissions-cutting targets for lending to the real estate, steel and shipping se[...]
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Russia may see wider 2023 budget deficit, lower growth for years to come -IMF
By Alexander Marrow MOSCOW (Reuters) – Russia may see a sharply wider budget deficit and a smaller current account surplus this year, while global isolation and lower energy revenues dampen its[...]
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IMF chief economist: stability risks should not deter central bank inflation fight
WASHINGTON (Reuters) – Central banks should not halt their fight against inflation because of financial stability risks, which look “very much contained,” International Monetary Fund[...]
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Credit Agricole urges EU to end ‘unfair’ safety net funding
By Huw Jones LONDON (Reuters) – French bank Credit Agricole has called on the European Union to address what it says is an unfair system of funding for the bloc’s banking sector safety net[...]
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Analysis-Heavy is the Norwegian crown in risk-averse market
By Joice Alves and Indradip Ghosh LONDON (Reuters) – The Norwegian crown is the worst-performing G10 currency so far in 2023, hurt by turmoil in the banking sector and a slowdown in central bank[...]
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