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19 May

Outgoing Socgen CEO warm to internal successor, union says

The outgoing chief executive of Societe Generale is in favour of selecting an internal candidate to lead the French banking group for the next 10 to 15 years after he leaves, a union representative said after meeting Frederic Oudea.

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19 May

Indonesia to lift palm oil export ban from Monday, president says

Indonesia will lift its palm oil export ban from Monday, following improvements in the domestic cooking oil supply situation, President Joko Widodo said on Thursday.

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19 May

U.S imports of Latam oil soar as refiners replace Russian barrels

U.S. refiners imported about 1.3 million barrels per day (bpd) of crude and fuel oil from Latin America in April, the highest in seven months according to U.S. Customs data, as buyers began replacing Russian supplies.

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19 May

Rare double whammy hits retail investors: steep slumps for both stocks and bonds

NEW YORK (Reuters) -From meme-stock enthusiasts to retirees, this year's steep dive for both stocks and U.S. Treasury prices has upended portfolios for individual investors who had enjoyed watching their wealth grow during the historic rally in financial assets early in the coronavirus pandemic in 2020.

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19 May

Friendly fire: Redistricting forces incumbent-versus-incumbent midterm battles across U.S

U.S. Representative Lucy McBath has been a rising Democratic star since 2018, when she ended 40 years of Republican dominance in a suburban Atlanta seat.

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19 May

Indonesia MPs seek review of palm oil export ban as industry warns on storage

Indonesian lawmakers on Thursday requested the government review a ban on palm oil exports after industry groups warned that one of the country's leading sectors could grind to a halt in coming weeks as storage nears full capacity.

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19 May

Daily FX trading volumes reach $1.86 trln in April, up 5% - CLS

Average daily foreign exchange trading volumes in April hit $1.86 trillion, 5% higher than a year earlier as volatility shot higher and investors bought and sold more in spot and forward markets, CLS said on Thursday.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
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