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1 week ago | 
gurutrade.com | Emma Rumney |Christian Schmollinger |Sumana Nandy
LONDON, May 8 (Reuters) - Anheuser-Busch InBev reported a 7.9% rise in first-quarter operating profit on Thursday, beating analysts' estimate by more than double, as the beer brewer grew its margin despite a fall in sales volumes.
Analysts had expected the world's top brewer to report a 3.1% rise in organic operating profit in the three months ended March 31.
The brewer behind Corona and Stella Artois has cheered investors with its performance in recent quarters.
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1 week ago | 
gurutrade.com | Liz Lee |Christian Schmollinger
BEIJING, May 7 (Reuters) - China's central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse repurchase agreements, as Beijing stepped up monetary easing to support the broad economy in the face of intensifying trade tensions with the United States.
The People's Bank of China (PBOC) said the rate would be lowered by 10 basis points to 1.40% from 1.50%, according to an online statement, taking effect from Thursday.
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2 weeks ago | 
today.westlaw.com | Joe Cash |Christian Schmollinger |Ethan Wang |Xiuhao Chen
BEIJING (Reuters) -China restated its case that COVID-19 may have originated in the United States in a white paper on its pandemic response released on Wednesday after President Donald Trump's administration blamed a lab leak in China.
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3 weeks ago | 
gurutrade.com | Rae Wee |Shri Navaratnam |Gerry Doyle |Christian Schmollinger
Dollar falls sharply across the board
Trump looking into ways to axe Federal Reserve Chair Powell
Swiss franc hits decade high, euro rises above $1.15
European markets closed for Easter Monday
SINGAPORE, April 21 (Reuters) - The dollar tumbled on Monday as investor confidence in the U.S. economy took another hit over President Donald Trump's plans to shake up the Federal Reserve, which would throw into question the independence of the central bank.
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3 weeks ago | 
gurutrade.com | Ju-min Park |Jihoon Lee |Christian Schmollinger |Shri Navaratnam
Proposed $8.6 billion budget to guard against trade war risks
Bank of Korea signals rate cut due to Trump's tariff policy
Parliament approval needed, Democratic Party seeks larger budget
SEOUL, April 18 (Reuters) - South Korea's government proposed on Friday a supplementary 12.2 trillion won ($8.60 billion) budget to counter heightening risks to economic growth in the face of a global trade war and domestic political uncertainty.
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4 weeks ago | 
gurutrade.com | Yantoultra Ngui |Christian Schmollinger |Barbara Lewis
SINGAPORE, April 16 (Reuters) - Malaysia's largest state pension fund, the Employees Provident Fund, is seeking to expand its exposure to other regions to ensure a well-balanced and resilient portfolio, it said on Wednesday.
EPF, one of the world's biggest pension funds, in common with other major investors is grappling with the uncertainty triggered by U.S. President Donald Trump's tariffs and policy orders.
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1 month ago | 
today.westlaw.com | Raphael Satter |Christian Schmollinger |Nia Williams
WASHINGTON (Reuters) -U.S. Democratic Senator Ron Wyden has put a hold on President Donald Trump's appointee for the U.S. cybersecurity agency, citing what the Oregon senator called a "multi-year cover-up" of serious vulnerabilities in the U.S....
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1 month ago | 
today.westlaw.com | Kanishka Singh |Christian Schmollinger |David Gregorio
WASHINGTON (Reuters) -Harvard University plans to borrow $750 million from Wall Street as part of contingency preparations, it said on Monday, days after President Donald Trump's administration announced a review of $9 billion in federal grants and...
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1 month ago | 
gurutrade.com | Leika Kihara |Christian Schmollinger |Jamie Freed |Shri Navaratnam
Japan close to achieving price goal, one opinion shows Downside risks from U.S. policy heightened rapidly BOJ may need to shift policy stance to neutral Uncertainty alone won't deter rate hike, one says TOKYO, March 28 (Reuters) - Bank of Japan policymakers were at loggerheads this month over how soon they should raise interest rates again as some focused on domestic inflationary pressure and others on uncertainty over U.S. tariff policy, a summary of opinions at its meeting showed. The...
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1 month ago | 
gurutrade.com | Kevin Yao |Christian Schmollinger |Mark Potter
BOAO, China, March 27 (Reuters) - China's overall level of debt has topped 300% of GDP and is likely to climb further, but the central bank will continue to ease policy when needed, Xuan Changneng, deputy governor of the People's Bank of China, said on Thursday.
"China's stance on implementing an appropriately loose monetary policy is clear, and there is ample room for monetary policy manoeuvres," Xuan said at the annual Boao Forum.
