Exclusive: From Russia with gold: UAE cashes in as sanctions bite
LONDON, May 25 (Reuters) – The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia’s...
Exclusive: Fed can ‘hit the mark and hold’ with one more rate hike, Bostic says
ATLANTA, April 14 (Reuters) – One more quarter-percentage-point interest rate hike can allow the Federal Reserve to end its tightening cycle with some confidence inflation...
Exclusive: Germans shun deposits abroad on fear of new crisis
Demand for foreign deposits down 15%-20% since SVB collapse Germans seek safety in domestic banks, platforms say Smaller, foreign banks forced to raise rates FRANKFURT,...
Exclusive: Germany steps up emergency cash plans to cope in blackout
FRANKFURT, Nov 15 (Reuters) – German authorities are stepping up preparations for emergency cash deliveries in case of a blackout to keep the economy running,...
Exclusive: Morgan Stanley to start layoffs in coming weeks as dealmaking slows
HONG KONG, Nov 3 (Reuters) – Wall Street major Morgan Stanley (MS.N) is expected to start a fresh round of layoffs globally in the coming...
EXCLUSIVE Bank of Mexico nears end of rate hike cycle, eyes economic toll, board member says
MEXICO CITY, Oct 26 (Reuters) – Bank of Mexico board member Gerardo Esquivel cautioned against increasing the monetary policy rate to “excessively” restrictive levels as...
Exclusive: Banks divert gold supply from India to China, Turkey
MUMBAI, Oct 4 (Reuters) – Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and...
EXCLUSIVE ECB must keep buying bonds to cushion Ukraine fallout, Stournaras says
The European Central Bank (ECB) logo in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski Register now for FREE unlimited access to Reuters.com Register Greek governor...
Russia, China agree 30-year gas deal via new pipeline, to settle in euros
Russia already sells pipeline gas, LNG to China Gazprom to sell additional 10 bcm of gas to China Flows in new pipeline within three years,...