Tag Archives: FINS

VIENNA/FRANKFURT, Nov 29 (Reuters) – Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed, making it the biggest casualty so far of Europe’s property crash. Controlled by Austrian magnate Rene Benko, the group is an owner of New York’s Chrysler Building as …

LONDON/NEW YORK, Nov 30 (Reuters) – After making hay when a summer bond rout propelled the U.S. dollar to 10-month highs, hedge funds are now pondering what lies ahead for the greenback. The dollar, down 3.5% in November against a basket of other major currencies, is set for its worst …

People pass by an electronic screen showing Japan’s Nikkei share price index inside a commercial building in Tokyo, Japan September 22, 2022. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing Rights TOKYO, Nov 30 (Reuters) – NISA, or the Nippon Individual Savings Account, is a Japanese government tax-free stock investment programme for individuals …

Flags wave in front of the Phillips 66 refinery near Lake Charles, Louisiana, U.S. October 11, 2020. REUTERS/Stephanie Kelly/File Photo Acquire Licensing Rights Nov 29 (Reuters) – Phillips 66 (PSX.N) said on Wednesday it “plans to continue a constructive dialogue” with Elliott Investment Management after the company asked the U.S. …

A view of the ThyssenKrupp headquarters in Essen, Germany, November 22, 2023. REUTERS/Jana Rodenbusch/File Photo Acquire Licensing Rights Nov 29 (Reuters) – Thyssenkrupp (TKAG.DE) on Wednesday said that Jens Schulte, finance chief of German privately-held speciality glass maker Schott AG, would become its new CFO, marking the conglomerate’s latest move …

A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto, January 23, 2015. REUTERS/Mark Blinch/File Photo Acquire Licensing Rights OTTAWA, Nov 29 (Reuters) – Most financial institutions consulted by the Bank of Canada (BoC) expressed skepticism about the benefits of a potential …

A man types into a keyboard during the Def Con hacker convention in Las Vegas, Nevada, U.S. on July 29, 2017. REUTERS/Steve Marcus/File Photo Acquire Licensing Rights LONDON, Nov 29 (Reuters) – Digital bank robberies and other cyber hacks will be a key risk for countries launching digital versions of …

The logo of South Africa’s central reserve bank is seen during the delivery of a keynote address by South Africa’s central bank governor, Lesetja Kganyago, at the University of the Witwatersrand in Johannesburg, South Africa, November 1, 2022. REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing Rights JOHANNESBURG, Nov 29 (Reuters) – South …

Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File Photo Acquire Licensing Rights BERLIN, Nov 29 (Reuters) – Germany’s Bitcoin Group (ADE.DE) said on Wednesday it was taking measures to improve its internal control system, after the …

SINGAPORE, Nov 29 (Reuters) – As Asia’s banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the strongest loan and profitability profiles to provide returns next year. Over the past 18 months Asian central banks …