Credit Suisse in firing line after Archegos losses
ZURICH/NEW YORK (Reuters) – Pressure was mounting on Credit Suisse on Tuesday over losses linked to the downfall of Archegos Capital, with analysts warning its dividend and share buyback plans may need to go on hold and investors advised to vote against management pay.
Japan to lift Tokyo area state of emergency as planned on Sunday
TOKYO (Reuters) – The Japanese government’s advisory panel on coronavirus measures approved on Thursday a plan to let the state of emergency expire in the Tokyo area as scheduled on March 21, while the capital’s governor warned citizens not to let down their guard.
Proposal to rewrite Thailand’s military-backed constitution fails
BANGKOK (Reuters) – Thailand’s parliament has failed to pass a bill that would have allowed changes to a military-backed constitution enacted after a 2014 coup, stalling a move by lawmakers to address a key demand of mass street protests last year. The bill, which included a plan for an elected committee to rewrite the constitution, […]
Dollar wobbles after Fed pushes back against rate hike speculation
TOKYO (Reuters) – The U.S. dollar was on the defensive on Thursday after the Federal Reserve signalled it was in no hurry to raise interest rates through all of 2023 even as it saw a swift recovery in the world’s largest economy. The dollar’s index against six major currencies stood at 91.488. It had hit […]
