World

Fed in spotlight as US authorities focus on stability, First…

Posted by March 22, 2023

March 22 (Reuters) - U.S. authorities are set to explore ways to bolster financial stability, along with steps to tackle the problems facing First Republic Bank

Read More

Indonesia’s parliament passes controversial jobs decree into law

Posted by March 21, 2023

JAKARTA, March 21 (Reuters) - Indonesia's parliament on Tuesday voted to pass President Joko Widodo's emergency decree to cement rules on investment and jobs in

Read More

Credit Suisse rescue eases crisis fears, First Republic shares dive

Posted by March 20, 2023

March 20 (Reuters) - Shares of U.S. lender First Republic tumbled nearly 50% on Monday on fears it will need a second rescue to stay afloat, bucking a broader r

Read More

Vietnam’s VinFast says three sales executives have left EV company

Posted by March 17, 2023

HANOI, March 17 (Reuters) - Vietnamese electric-vehicle (EV) start-up VinFast said on Friday three senior sales and customer-service have left the company this

Read More

SpaceX, Netflix, Boeing to join “biggest-ever” US business mission to…

Posted by March 17, 2023

HANOI, March 17 (Reuters) - SpaceX, Netflix and Boeing are among the companies joining the "biggest-ever" U.S. business mission to Vietnam next week to discuss

Read More

R&A and USGA take steps to limit golf ball distances

Posted by March 14, 2023

LONDON, March 14 (Reuters) - Golf's longest hitters could be reeled in under new proposals to limit the distance balls struck by elite players can travel.Averag

Read More

PepsiCo, FrieslandCampina halt business with palm oil supplier

Posted by March 10, 2023

Latest to suspend ties with Astra Agro LestariFollows NGO reports on land, human rights abusesIndonesia's AAL says it had no contact with the companiesNEW YORK,

Read More

Silicon Valley Bank is largest failure since 2008 crisis, billions…

Posted by March 10, 2023

California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branches to reopen MondayFDIC to sell bank assets; 'chaos' report

Read More

Wall Street falls, Treasury yields dip after jobs report as…

Posted by March 10, 2023

Silicon Valley Bank woes hit banks globallyU.S. nonfarm payrolls beat expectationsTreasury yields fall on bank jittersDollar dips, gold advancesNEW YORK, March

Read More

Philippines greenlights more than 100 infrastructure projects

Posted by March 9, 2023

MANILA, March 9 (Reuters) - President Ferdinand Marcos Jr's administration has approved 123 new projects that will form part of a pipeline of infrastructure wor

Read More