Thursday , November 30 2023

Tag Archives: FINS

Europe’s Signa toppled in property rout

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 …

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How hedge funds view the fate of king dollar

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 …

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What is Japan’s NISA tax-free investment scheme?

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 …

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Thyssenkrupp appoints Schott AG finance chief as new CFO

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 …

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Most Canadian financial institutions skeptical on digital C$ -BoC

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 …

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As global rates turn, banks in India and Indonesia set to win

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 …

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