Euro Zone Yields Edge Higher After Plunging On U.S. Inflation
Germany's 10-year yield was up 4.5 basis points at 2.051% after dropping 17.5 bps on Thursday, its joint-largest one-day drop since Oct. 3.
No Easy Fix For China As Economy Slows More Than Expected
Signs of weakness are emerging from across the economy: exports fell; inflation slowed; new bank lending tumbled.
Turkish Prosecutor Says Erdogan Rival Should Be Convicted, Banned From Politics
Polls show Imamoglu would be a strong challenger to Erdogan if he were to run in next year's national elections. A main opposition presidential candidate has not yet been chosen.
Japan's SoftBank Books Hefty Vision Fund Loss But Returns To Quarterly Profit
Investment losses at flagship unit Vision Fund were 1.38 trillion yen ($9.75 billion) in the three months to September 30 as the value of its portfolio continued to slide.
FTX Scrambles For Funds As Regulators Take Action
The week-long saga that began with a run on FTX, one of the largest crypto exchanges, and a failed takeover deal by arch-rival Binance has thumped an already struggling bitcoin and other tokens.
Power Cuts Another Worry For Ukraine's Critically Ill
Outages, caused by Russian air strikes on Ukraine's infrastructure, can last for hours at a time as Halytska and 27 other patients lie tied to their dialysis machines in hospital in Obukhiv, a city south of Kyiv.
US Senator Urges Legislation After FTX Collapse
Earlier on Thursday Senate Banking Committee Chair Sherrod Brown said it is critical that U.S. financial agencies investigate what led to the FTX collapse.
India, US Are Natural Allies - Yellen
Yellen, in a speech highlighting the Biden administration's desire to deepen economic ties with India, said that both the global economy and the democratic idea were at inflection points.
China's COVID Curbs Intensify As Cases Surge To Highest Since Shanghai Lockdown
The southern city of Guangzhou - the new epicentre of China's COVID fight - reported 2,824 new local cases for Nov. 10, the fourth day in which infections exceeded 2,000.
Kenyan Court Drops $60 Million Corruption Case Against Deputy President
This is the latest case to be set aside by the courts under new President William Ruto's government.
African Nations Tell COP27 Fossil Fuels Will Tackle Poverty
Pressure to leave hydrocarbons in the ground has been weakened this year by the disruption following Russia's invasion of Ukraine that led to a surge in energy prices and pushed inflation to multi-decade highs.
Exclusive-Glencore, Chad Creditors Agree In Principle On Terms Of Debt Treatment - Source
Chad's bilateral creditors - China, France, India and Saudi Arabia - agreed several weeks ago that the country did not require debt relief at the moment given higher oil prices that boosted the revenues of the oil-producing nation.
Former U.S. Military Pilot Arrested In Australia Had Worked For South African Flying School
The Test Flying Academy of South Africa (TFASA) also told Reuters it had a previous business relationship with a Chinese businessman, Su Bin, who was jailed in the United States in 2016 for conspiring to hack U.S. defence contractors' computers.
Ukrainian Troops Reclaim Dozens Of Towns From Russian Control, Close In On Kherson
There were indications on Thursday night that Ukrainian forces were getting closer to the city of Kherson, a port at the mouth of the Dnipro River, said a Ukrainian military analyst and a media commentator.
Britain Has Frozen 18 Billion Pounds Worth Of Russian Assets
Russia has overtaken Libya and Iran to become Britain's most-sanctioned nation, the Office of Financial Sanctions Implementation (OFSI), part of the finance ministry, said in its annual report.
In Yemen, Farmers Choose Narcotic Over Other Crops, Exacerbating Climate Woes
Qat can earn three times the revenue of any other crop but the steady cash flow comes at a heavy price.
COP27: Nuclear Boss Doesn't Expect Surge In Waste Recycling
Recycling radioactive waste from nuclear power has security and cost challenges but the U.N.
COP27: Israel Harnessing DNA Of Bygone Wild Crops To Enhance Food Supply
Resilient characteristics can be harnessed to genetically modify farmed crops so they better withstand drought or disease.
G20 Watchdog In Step-by-step Approach To Funds Sector 'Vulnerabilities'
Central banks had to inject liquidity when money market funds ran into difficulties as economies went into lockdown in March 2020.
China Year-end Export Bounce In Doubt As Global Demand Falters
Exports fell unexpectedly in October for the first time since May 2020, and signs are grim for the November-December period when demand normally peaks as overseas clients place orders before China's factories close for Lunar New Year holidays in January or February.
Italy To Present New Package To Support Economy, Energy Security
A cut in excise duties on petrol due to expire on Nov. 18 will also be extended to the end of December, the officials said.
Nigerians Trade Waste Material For Health Insurance
In Nigeria people routinely lose money to financial scams and so do not trust insurance, seeing it as an expensive luxury.
Kenya To Cut Appetite For Borrowing, Eyes Narrower Budget Deficit
Kenya's government is reducing its rate of borrowing, officials said on Thursday, to attain a significantly narrower budget deficit in the next financial year.
Apple Supplier Foxconn Records 5% Rise In Q3 Profit, Sees Flattish Q4
Apple expects lower shipments of its high-end iPhone 14 models than previously anticipated following a significant production cut at the virus-blighted plant in China.
Crypto Markets Teeter With FTX After Binance Abandons Bailout
Focus is on the unknown size of customer losses and the hit to sentiment from the latest and possibly largest collapse in an industry that has turned into a minefield for investors.
High-level U.S. Delegation Visits Havana Amid Migration Crisis
"This is the highest-level, public visit of U.S. officials to Cuba during the Biden administration," a State Department spokesperson said of Wednesday's trip to the Communist-ruled island.
Exclusive-EU Countries, Lawmakers Likely To Clinch Deal Next Week On Satellite Internet System, Sources Say
The European Commission announced the initiative to build and operate a satellite internet system in February, part of EU industry chief Thierry Breton's campaign for strategic autonomy.
Brazil's Lula At COP27 Will Offer To Host Future Climate Summit -sources
Lula plans to announce an overhaul of Brazil's environmental policies at the summit in Sharm El Sheikh and the creation of a new national climate authority to oversee efforts by all ministries and agencies to combat global warming.
U.S. Securities Regulator Says Crypto Events Underscore Industry Risks
Cryptocurrencies have historically fallen into regulatory gray areas.
Origin Energy Backs $11.8 Billion Buyout Offer From Brookfield Consortium
If successful, the takeover would rank as one of the biggest private equity-backed buyouts of an Australian company, and would be the largest deal in the country this year, Refinitiv data shows.