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Hungary looking for ‘friendly’ co-investor to acquire Budapest Airport
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Irish state, Britain’s NatWest to sell 6% stake in Permanent TSB
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Stocks surge in Asia as US averts default, Fed pause bets rise
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IKEA stores owner Ingka starts on first New Zealand store
UK house prices fall by most since 2009, higher rates to bite-Nationwide
Date: June 1, 2023
UK house prices fall by most since 2009, higher rates to bite-Nationwide LONDON (Reuters) -British house prices fell by the most since 2009 in the 12 months to May and the country’s housing market faces further headwinds after a recent jump in borrowing costs, mortgage lender Nationwide said on Thursday. Compared with May last year,...
Global equities rise, U.S. yields fall after debt ceiling bill advances
Date: June 1, 2023
New YORK (Reuters) – Global equities rose on Thursday after the U.S. House of Representatives passed a bill to raise the federal debt ceiling, while U.S. Treasury yields fell as data reflected a cooling labor market that reduces the possibility of an interest rate hike by the Federal Reserve.A bill that suspends the $31.4 trillion...
European stocks rebound on easing inflation data, U.S. debt deal optimism
Date: June 1, 2023
(Reuters) – European stocks bounced back on Thursday as data on easing inflation sparked a debate on the need for further interest rate hikes beyond this month, while hopes that the U.S. will avoid a debt default also boosted investor sentiment. The pan-European STOXX 600 index closed 0.8% higher, after closing at a two-month low...
Oil jumps 3% on US debt ceiling progress, OPEC+ in focus
Date: June 1, 2023
Oil jumps 3% on US debt ceiling progress, OPEC+ in focus By Shariq Khan BENGALURU (Reuters) – Oil prices rose more than $2 a barrel on Thursday on hopes for a pause in U.S. interest rate hikes and passage of the debt ceiling bill in the House of Representatives helped offset data showing rising inventories...
Royal wedding showpiece highlights Jordan’s role as West’s stable ally
Date: June 1, 2023
Royal wedding showpiece highlights Jordan’s role as West’s stable ally By Suleiman Al-Khalidi AMMAN (Reuters) -The heir to Jordan’s throne will marry amid much fanfare on Thursday, in a glittering ceremony that the country’s leaders, long backed by the West as a stabilising influence in a volatile region, hope will reinforce local and global alliances....
Artificial Intelligence to take centre stage at the Singapore FinTech Festival 2023
Date: June 1, 2023
Artificial Intelligence to take centre stage at the Singapore FinTech Festival 2023 Singapore, 1 June 2023… The Monetary Authority of Singapore (MAS) and Elevandi[1] today announced the theme of the Singapore FinTech Festival (SFF) 2023 – ‘Applications of Artificial Intelligence (AI) in Financial Services’. SFF 2023 will focus on the growth and adoption of AI...