Edition:
United Kingdom

Central Banks

Exclusive: Russia's Sberbank to remain Yandex partner, may adjust some projects - CEO Gref

Russia's Sberbank plans to continue its partnership with Yandex even though it has transferred its 'golden share' in the country's leading internet company to another entity, Sberbank's Chief Executive German Gref told Reuters.

Business Video

European shares hit record in countdown to Christmas

European stocks ground out fresh record gains on Tuesday in thin trading ahead of Christmas with investors optimistic about global growth heading into 2020 amid progress in U.S.-China trade talks.

Egypt's central bank seen holding rates after inflation uptick - Reuters poll

福利网站Egypt's central bank will likely keep its key interest rates steady on Thursday, a Reuters poll showed, as inflation ticked up in November after hitting a near-14-year low.

BOJ debated monetary, fiscal policy mix as cost of ultra-low rates rises

A few Bank of Japan board members said the central bank must work carefully with the government in dealing with the next economic downturn, minutes of the BOJ's October rate review showed on Tuesday.

Bank of England steps up monitoring of Lloyd's whistleblowing systems

The Bank of England has stepped up its monitoring of Lloyd's of London's whistleblowing systems, the central bank said on Monday, after reports this year about sexual harassment and bullying at the 330-year old insurance market.

Bank of Italy chief defends regulator's role in Bari bank crisis

The head of Italy's central bank rebuffed criticism of its role in supervising struggling lender Banca Popolare di Bari and said in an interview published on Monday that it was ready to account for its actions.

Thai central bank has not closed door to further easing - governor

Thailand's central bank has not shut the door to further monetary policy easing should the economy worsen, the governor said on Monday, after two rate cuts this year to support flagging growth.

ECB's Knot says low rate policy risks becoming counterproductive

Interest rates in the euro zone could remain historically low for years, but the European Central Bank's (ECB) ultra-loose monetary policy risks becoming counterproductive, ECB governing council member Klaas Knot said in an interview published on Monday.

Ex-chairman of Popolare di Bari investigated for alleged corruption - source

Prosecutors in the southern Italian town of Bari are investigating the former chairman of Popolare di Bari for alleged corruption in relation to the central bank's supervisory activity over the failing local lender, a judicial source said on Sunday.

Politicians must have bigger say in naming Bank of Italy chief - 5-Star

Italy's politicians should play a bigger role in the appointment of the Bank of Italy's governor, the leader of the ruling 5-Star Movement said on Sunday, after the costly bailout of a small southern bank led to criticism of the efficacy of the central bank's supervisory role.

View More

Business News

China commerce ministry says in close touch with U.S. on signing trade deal

China is in close touch with the United States on signing a Phase 1 trade deal, the country's commerce ministry said on Thursday, adding that both sides are still going through necessary procedures before the signing.

Oil hits highest since September on trade hopes, OPEC cuts

Emerging market stocks were laggards in the past decade