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News
Exclusive-South Korean FX authorities bought $20 billion in repatriated SK Hynix funds, source says | 92.7 The Van WYVN | Holland's Classic Hits
1+ week, 5+ day ago (347+ words) SEOUL, Sept 2 (Reuters) – South Korean foreign exchange authorities bought about $20 billion in U.S. dollars that SK Hynix sold after its $26.5 billion American depositary receipt listing in July, a source with direct knowledge of the matter said on Wednesday. The Foreign…...
Palisades power plant starts loading nuclear fuel
1+ week, 5+ day ago (96+ words) COVERT TOWNSHIP, MI (WKZO AM/FM) – The Palisades power plant on the Lake Michigan shore in Covert Township is starting to load nuclear fuel as it prepares to be refired. Holtec Nuclear Corporation announced yesterday they have begun to load…...
Shareholder opposition to executive pay eases globally
1+ week, 6+ day ago (484+ words) LONDON, Sept 1 (Reuters) – Shareholder rebellions over executive pay eased across many of the world’s biggest stock markets this year, with opposition falling in Europe, the United States and Japan despite a handful of high-profile revolts. The move comes as pay…...
India’s April-July fiscal deficit at 26.8% of 2026/27 target
2+ week, 51+ min ago (156+ words) NEW DELHI, Aug 31 (Reuters) – India’s fiscal deficit in the months of April-July stood at 4.55 trillion rupees ($47.81 billion), or 26.8% of the target for the financial year ending March 31, government data showed on Monday. The deficit in the same period last year…...
Bessent pushes back on fears over US debt market strains
2+ week, 6+ hour ago (488+ words) By David Lawder and Leika Kihara ASHEVILLE, North Carolina, Aug 30 (Reuters) – U.S. Treasury Secretary Scott Bessent brushed aside concerns about turbulence in the U.S. government bond market, arguing that worries about rising debt and yields overlook the strength of the…...
Barclays sees two more Fed rate hikes this year after Warsh speech
2+ week, 5+ hour ago (254+ words) Aug 31 (Reuters) – Barclays expects the U.S. Federal Reserve to raise interest rates by 25 basis points in September and again in December after Chair Kevin Warsh’s latest remarks signalled a more hawkish stance, the brokerage said on Friday. Warsh told the…...
G20 countries should consider more trade barriers with China to cut imbalances, Bessent says | 92.7 The Van WYVN | Holland's Classic Hits
2+ week, 14+ hour ago (215+ words) ASHEVILLE, North Carolina, Aug 30 (Reuters) – U.S. Treasury Secretary Scott Bessent told Reuters on Sunday that he will encourage G20 member countries to re-examine their terms of trade with China as part of efforts to shrink global imbalances and press Beijing to…...
US Treasury’s Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoil
2+ week, 1+ day ago (888+ words) ASHEVILLE, North Carolina, Aug 30 (Reuters) – U.S. Treasury Secretary Scott Bessent faces a major test of his economic diplomacy skills this week as he presses finance leaders from the G20 major economies to shrink global trade imbalances, boost growth and sever business…...
CFTC fines former White House aide $172,000 for trading on Trump speech information
2+ week, 2+ day ago (214+ words) Aug 28 (Reuters) – The U.S. Commodity Futures Trading Commission on Friday ordered former White House teleprompter operator Gabriel Perez to pay $172,539 for using advance access to President Donald Trump’s speeches to make illegal trades on a prediction-market platform. Perez must repay…...
Argentina beef exports to US face test from Trump proposal
2+ week, 2+ day ago (241+ words) Aug 28 (Reuters) – Argentina’s booming beef exports to the United States could face a new test after Washington moved to widen tariff-free access for suppliers, potentially increasing competition from neighboring cattle powerhouse Brazil, according to a report on Friday. Argentina’s beef…...