WASHINGTON (Reuters) -IMF chief Kristalina Georgieva on Wednesday won the endorsement of the Group of 20 major economies for a new trust that will allow rich IMF members to donate their share of newly created emergency reserves to a broader range of countries in need.FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes […]
Auckland Council has released photographs of pollution from Flat Bush building sites, shut down after it took matters to the Environment Court to get work cessation orders. Five pictures display the lack of sediment control or anti-runoff measures from the site where frustrated council officers decided a work ban was justified to prevent further damage. […]
(Reuters) – Changes in the share structure of KKR & Co Inc, Apollo Global Management Inc and Carlyle Group Inc that strip the private equity firms’ founders of voting control are making them and their employees wealthier, according to a Reuters review of regulatory filings.FILE PHOTO: Trading information for KKR & Co is displayed on […]
BEIJING (Reuters) -China’s export growth unexpectedly accelerated in September, as still solid global demand offset some of the pressures on factories from power shortages, supply bottlenecks and a resurgence of domestic COVID-19 cases.FILE PHOTO: A worker drives a truck carrying a container at a logistics center near Tianjin port, in Tianjin, China December 12, 2019. […]
TOKYO (Reuters) – The dollar eased back from a one-year high versus major peers on Wednesday ahead of U.S. consumer price data that could provide additional clues on when the Federal Reserve will taper stimulus and raise interest rates.FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. […]
If you live in continental Europe or the UK the natural gas that heats your home this October is costing at least five times more than it did a year ago. The reasons are varied: among them are earthquakes in the Netherlands, China’s attempt to clean up its air and Russian president Vladimir Putin’s power […]
(Reuters) -Two U.S. Federal Reserve policymakers on Tuesday said that the central bank has kept pace with a planned move to reduce its bond buying program, cementing expectations the Fed will start withdrawing its crisis-era stimulus as soon as next month.Slideshow ( 2 images )“I myself believe that the ‘substantial further progress’ standard has more […]
SINGAPORE – Managing personal debt and building a retirement nest egg can often be complicated tasks for the man on the street to grasp, but these are some of the topics The Straits Times Invest has unpacked over the years. The section bagged an award for media excellence in community investor education at the local […]
Hi-tech manufacturing company Rakon continues to dazzle as the New Zealand sharemarket trades through a weak period, posting its sixth successive single-day loss. The S&P/NZX 50 Index was up and down all day, closing at 12,996.26 after falling 23.11 points or 0.18 per cent. The index traded in a narrow range of 13,019.37 and 12,967.91 […]
FILE PHOTO: World Bank Chief Executive Officer Kristalina Georgieva speaks at the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, China March 25, 2018. REUTERS/Jason LeeWASHINGTON (Reuters) – The International Monetary Fund’s executive board on Monday reaffirmed its full confidence in Managing Director Kristalina Georgieva after a review […]