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Exclusive-China securities regulator met foreign banks to soothe economic concerns-sources

By Xie Yu and Selena Li HONG KONG (Reuters) -The China Securities and Regulatory Commission (CSRC) met this week with executives at top western banks and asset managers to reassure

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Economy News

Brazil rates set to soar further as US Fed prepares for lift-off: Reuters poll

By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank is set to deliver a third consecutive 150 basis point rate rise on Wednesday in a bid to minimize risks

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Economy News

Argentina strikes breakthrough deal with IMF in $45 billion debt talks

By Agustin Geist, Nicolás Misculin and Adam Jourdan BUENOS AIRES (Reuters) – Argentina has struck an agreement in principle with the International Monetary Fund over a new $44.5 billion standby

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Economy News

Exclusive-Foreign banks face bigger capital bill under draft EU plan

By Huw Jones LONDON (Reuters) – Foreign banks based in the European Union may have to hold more capital and liquidity under revisions to rules being considered by the bloc’s

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Economy News

China’s Shimao sells Shanghai hotel for $708 million to state-owned firm

(Reuters) – Chinese property developer Shimao Group said on Friday it would sell a hotel in Shanghai to state-owned Shanghai Land Group for 4.5 billion yuan ($707.83 million), as it

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Commodities News

Fuel demand rebound powers Phillips 66 profit beat

(Reuters) -Phillips 66 posted quarterly earnings that powered past Wall Street estimates on Friday, as the U.S. refiner capitalized on mounting demand for fuel due to a loosening up of

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News Sports

Daniil Medvedev Outclasses Stefanos Tsitsipas To Set Up Rafael Nadal Australian Open Final Clash

Daniil Medvedev won a tempestuous Australian Open semi-final against Stefanos Tsitsipas on Friday and will now face Rafael Nadal in the final. Agence France-Presse Daniil Medvedev won a tempestuous Australian Open

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News Sports

Brendan Taylor Banned By ICC For Three-And-A-Half Years For Delay In Reporting Spot-Fixing Approach

The ICC has banned Brendan Taylor for three-and-a-half years, just days after theformer Zimbabwe captain released a statement admitting he had failed to immediately report a corrupt approach by an

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News Sports

Barcelona’s Previous Board Investigated By Prosecutor’s Office

Barcelona’s previous board, led by the club’s former president Josep Maria Bartomeu, is being investigated by the prosecutor’s office, sources told AFP on Friday. Agence France-Presse Barcelona‘s previous board, led

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Cryptocurrency News

Crypto Tax Firm CoinTracker Valued At $1.3 Billion After $100 Million Fundraise

CoinTracker, which tracks consumers’ cryptocurrency taxes and portfolios, said on Thursday it has raised $100 million in funding from a slew of institutional investors and high-net-worth individuals. New York: CoinTracker, which

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