TOKYO (Reuters) -Japanese authorities will remain vigilant to currency market moves, finance minister Shunichi Suzuki said on Tuesday, as the yen continued its downturn to fresh 38-year lows. Speaking in a regular post-cabinet meeting news conference, Suzuki said there has been no change in the government’s stance, but stopped short of making usual comments on […]
BEIJING (Reuters) – China’s Wuhan Tianyu Information Industry said on Sunday the U.S. including it on a sanctions list was a “unilateral” act that could affect the data security company’s foreign exchange settlements. The U.S. Treasury Department on Wednesday widened sanctions aimed at curbing Russia’s war production in response to Moscow’s invasion of Ukraine, targeting […]
MOSCOW (Reuters) – The Russian government has softened requirements for mandatory sales of foreign currency for exporters if more than half of the value of their contracts is paid in roubles, according to changes to a government decree. President Vladimir Putin signed the decree in October mandating the reintroduction of capital controls, affecting dozens of […]
By Ludwig Burger FRANKFURT (Reuters) -Roche confirmed ambitions to return to sales growth this year on a continued boost from eye drug Vabysmo, after first-quarter sales slipped by 6% on the loss on COVID-19-related revenue. Quarterly sales fell to 14.4 billion Swiss francs ($15.80 billion), the family-controlled drugmaker said in a statement on Wednesday, hurt […]
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(Bloomberg) — HSBC Holdings Plc is set to debut an international payments app aimed at directly challenging the dominance of fintechs like Revolut and Wise Plc that have gathered tens of millions of retail customers by offering cheap foreign exchange. Most Read from Bloomberg Zing will initially be offered in the UK, but Europe’s largest […]