Tag: BACT
Forex swings will upend lucrative yen carry trade
A visitor washes Japanese yen banknotes and coins in water to pray for prosperity at Koami shrine in Tokyo's Nihonbashi business district, Japan, Nove [...]
Exclusive: China to name finance veteran Zhu as new forex chief, sources say
The building of State Administration of Foreign Exchange (SAFE) is pictured in Beijing, China, January 11, 2017. REUTERS/Jason Lee/File Photo Acquire [...]
Nigeria gets refineries investment, forex pledge from Saudi Arabia
Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja, Nigeria May 29, 2023. REUTERS/Temilade Adelaja/File Photo Acquire L [...]
Poland’s Bank Millennium aims to conclude 1,000 settlements a quarter on FX loans
A logo of Millennium bank, Polish unit of Portugal's Millennium BCP, is pictured on the flag in front of the bank headquarters in Warsaw, Poland Apri [...]
China central bank, FX regulator meet foreign firms in capital drive
The headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China, February 3, 2020. REUTERS/Jason Lee/File Photo Acqui [...]
China foreign-exchange regulator Pan Gongsheng named central-bank party boss
July 1 (Reuters) - China's ruling Communist Party appointed central bank Deputy Governor Pan Gongsheng as the bank's party secretary on Saturday, a mo [...]
EU top court backs consumers in Polish FX mortgage case
WARSAW, June 15 (Reuters) - The European Union's top court on Thursday backed Polish borrowers with Swiss franc-denominated mortgages in a long-runnin [...]
Exclusive: IMF, others should give $100 billion climate foreign-exchange guarantee, document says
Part of more detailed Bridgetown Initiative documentSent to world leaders ahead of June summit in ParisWould help de-risk investments in local currenc [...]
Caterpillar profit slides as costs and forex squeeze margins, shares down
Jan 31 (Reuters) - Caterpillar Inc's (CAT.N) fourth-quarter earnings slid by 29%, the company reported on Tuesday, citing higher manufacturing costs a [...]
Brazil’s Vale Q3 net beats estimates, helped by forex gains
SAO PAULO, Oct 27 (Reuters) - Brazilian miner Vale SA's (VALE3.SA) third-quarter profit fell by nearly a fifth but still beat analyst forecasts as fin [...]
U.S. jury finds Credit Suisse did not rig forex market
NEW YORK, Oct 20 (Reuters) - A U.S. jury found on Thursday that Credit Suisse Group AG (CSGN.S) did not conspire with the world's largest banks to rig [...]
Darktrace sticks to guidance, wary of FX headwinds
LONDON, Oct 12 (Reuters) - British cybersecurity company Darktrace (DARK.L), which in August was the subject of takeover interest, said it was maintai [...]
Top banks say London forex rigging case filed too late
LONDON, Sept 29 (Reuters) - Eight of the world's biggest banks, including Deutsche Bank (DBKGn.DE), Goldman Sachs and Bank of America , say it is unfa [...]
IBM beats quarterly revenue estimates, warns of $3.5 bln forex hit
A man stands near an IBM logo at the Mobile World Congress in Barcelona, Spain, February 25, 2019. REUTERS/Sergio Perez//File PhotoRegister now for FR [...]
Microsoft warns of forex hit, cuts forecast
June 2 (Reuters) - Microsoft Corp (MSFT.O) on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest U.S. company to wa [...]