TOPNWS

Turkey taking steps to permanently lower inflation, finance minister says – Reuters.com

ISTANBUL, April 4 (Reuters) – Turkey is taking steps to permanently lower inflation, which will show a lasting fall by year-end, Finance Minister Nureddin Nebati said on Monday after annual consumer inflation hit a new 20-year high. Fuelled by rising energy and commodity prices following the Russia-Ukraine war and compounded by the impact of a …

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Russia, China woes risk worst EM corporate default wave since financial crash – JPMorgan – Reuters.com

EM wide corporate default rate seen at highest since GFC Ukraine expected to see near 99% corporate default rate Russia forecast to see 27% default rateHalf of riskier Chinese property bonds may have defaulted by year end LONDON, April 4 (Reuters) – JPMorgan has warned that the combination of Russia’s war in Ukraine and China’s …

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Analysis: With capital markets jittery, private equity pounces to finance tech buyouts – Reuters.com

A Wall Street sign is pictured outside the New York Stock Exchange amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., April 16, 2021. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register April 4 (Reuters) – When buyout firm Thoma Bravo LLC was seeking …

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Britain's finance ministry flags reforms, defends regulators – Reuters

Workers cross London Bridge, with the City of London financial district seen behind, during the morning rush-hour, as the coronavirus disease (COVID-19) lockdown guidelines imposed by British government encourage working from home, in London, Britain, January 4, 2022. REUTERS/Toby Melville Register now for FREE unlimited access to Reuters.com Register Details on crypto rules may come …

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India to continue oil purchases from Russia – finance minister – Reuters

India’s Finance Minister Nirmala Sitharaman attends a joint news conference with U.S. Treasury Secretary Steven Mnuchin in New Delhi, India, November 1, 2019. REUTERS/Adnan Abidi Register now for FREE unlimited access to Reuters.com Register NEW DELHI, April 1 (Reuters) – India’s finance minister on Friday said New Delhi would continue to purchase crude from Russia …

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Global green finance rises over 100 fold in the past decade -study – Reuters

Power-generating wind turbines are seen at the Kenya Electricity Generating Company (KenGen) station in Ngong hills, outside Nairobi, Kenya, February 14, 2022. REUTERS/Thomas Mukoya Register now for FREE unlimited access to Reuters.com Register March 31 (Reuters) – Global green financing, aimed at environmentally friendly projects around the world, has grown over 100 times in the …

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Few crypto firms get reprieve from Britain's financial watchdog – Reuters.com

LONDON, March 30 (Reuters) – Britain’s financial watchdog said on Wednesday it has extended temporary licences for only a “small number” of cryptocurrency firms ahead of an April 1 cut-off date to prove sufficient money laundering controls. Crypto firms must have a licence showing they have sufficient checks and controls to stop money laundering or …

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StanChart to phase out direct coal financing by 2032 – Reuters.com

Steam and smoke billow from the Ratcliffe-on-Soar coal-fired power station near Nottingham, Britain, December 1, 2017. REUTERS/Hannah McKay Register now for FREE unlimited access to Reuters.com Register LONDON, March 29 (Reuters) – Standard Chartered (STAN.L) said on Tuesday it would end all direct coal financing for clients by 2032, as the Asia and Africa-focused lender …

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Russia steps up economic retaliation with Eurobond rouble buyback offer – Reuters.com

A Russian rouble banknote is seen in front of a descending and rising stock graph in this illustration taken March 1, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register Eurobond rouble payment offer revives default fears Moscow does not say if bondholders must take roubles Russia has already demanded gas payments …

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EU advisers propose expansion of sustainable finance rules – Reuters.com

Back new ‘amber’, ‘red’ categories for taxonomy To bolster transparency for companies, investors Follows months of debate over whether gas can be green LONDON, March 28 (Reuters) – European Commission advisers on Monday proposed an expansion of the bloc’s sustainable finance rules to better grade activities such as gas-fired power plants that are not yet …

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