European Central Bank (ECB) headquarters building is seen in Frankfurt, Germany July 20, 2017. REUTERS/Ralph Orlowski October 13, 2017 By John O’Donnell FRANKFURT (Reuters) – The head of the EU Parliament’s influential economic affairs committee has urged the European Central Bank to “correct” its stance on bad loans, adding to […]
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China banking regulator, Hubei chief front runners to head central bank: sources
FILE PHOTO: Guo Shuqing, China’s newly appointed banking regulator, attends a news conference ahead of China’s parliament in Beijing, March 2, 2017. REUTERS/Shu Zhang/File Photo October 13, 2017 By Kevin Yao and Benjamin Kang Lim BEIJING (Reuters) – China’s top banking regulator Guo Shuqing and veteran banker Jiang Chaoliang are […]
Senior U.S. official meeting UK officials to tackle online security issues
Deputy Attorney General Rod Rosenstein testifies before a Senate Intelligence Committee hearing on the Foreign Intelligence Surveillance Act (FISA) in Washington, U.S., June 7, 2017. REUTERS/Kevin Lamarque October 13, 2017 LONDON (Reuters) – Britain’s campaign to force Silicon Valley to compromise on encrypted communications has received strong backing from a […]
BASF to buy seeds, herbicide businesses from Bayer for $7 billion
FILE PHOTO: A truck drives past a warehouse of German chemical company BASF in Ludwigshafen, April 23, 2015. REUTERS/Ralph Orlowski/File Photo October 13, 2017 FRANKFURT (Reuters) – BASF has agreed to buy significant parts of Bayer’s seed and herbicide businesses for 5.9 billion euros ($7 billion) in cash, the two […]
Kobe Steel’s cheating engulfs more divisions; shares resume slide
The logo of Kobe Steel is seen at the group’s Tokyo headquarters building in Tokyo, Japan October 10, 2017. REUTERS/Issei Kato October 13, 2017 By Yuka Obayashi TOKYO (Reuters) – Crisis-hit Kobe Steel Ltd said on Friday its steel division has also falsely labeled products, the latest in a string […]
Philippine anti-narcotics chief warns of drugs war slowdown, police target assassins
FILE PHOTO: Relatives and loved ones of Leover Miranda, 39, a drug-related killings victim, hold a streamer calling to stop the continuing rise of killings due to the President Rodrigo Duterte’s ruthless war on drugs, during a funeral march at the north cemetery in metro Manila, Philippines August 20, 2017. […]
Dollar edges down, awaits U.S. inflation data for potential relief
FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo October 13, 2017 By Lisa Twaronite and Shinichi Saoshiro TOKYO (Reuters) – The dollar inched down on Friday, as U.S. Treasury yields stayed near recent lows, awaiting U.S. inflation data for a potential […]
FAA orders A380 engine inspections after Air France incident
FILE PHOTO: An Air France Airbus A380 is seen during an emergency landing in Happy Valley-Goose Bay, Canada, September 30, 2017, in this still image taken from a video obtained from social media. Daniel Mcneely/via REUTERS October 13, 2017 SINGAPORE (Reuters) – U.S. aviation authorities have ordered visual inspections of […]
ASEAN renews currency swap deal to provide $2 billion support: Malaysia central bank
File photo of a general view of the Bank Negara Malaysia in Kuala Lumpur, Malaysia, March 8, 2016. REUTERS/Olivia Harris/File Photo October 13, 2017 KUALA LUMPUR (Reuters) – The Association of Southeast Asian Nations (ASEAN) has agreed to renew a currency swap deal for two more years from Nov. 17, […]
How a homemade tool helped North Korea’s missile program
North Korean leader Kim Jong-Un inspects the January 18 General Machine Plant in Pyongyang, North Korea in this undated photo released by North Korea’s Korean Central News Agency (KCNA) on August 10, 2016. KCNA/via REUTERS October 13, 2017 By James Pearson and Hyonhee Shin SEOUL, (Reuters) – In 2009, a […]