Credit Suisse to promote Low to Asia Pacific CEO -sources

SINGAPORE (Reuters) -Swiss bank Credit Suisse is set to name Edwin Low as its Asia Pacific chief executive, replacing veteran banker Helman Sitohang, two sources familiar with the matter said.

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26-04-2022

Japan PM Kishida urges BOJ to keep ultra-low rate policy

TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida on Tuesday urged the central bank to maintain its ultra-loose monetary policy, brushing aside the idea of using interest rate hikes to prevent further declines in the yen.

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26-04-2022

China's Huawei braces for tough year with external risks adding to sanction challenges

The rotating chairman of China's Huawei Technologies said geopolitics conflict, the COVID-19 pandemic, potential rises in commodity prices and fluctuating exchange rates will make 2022 even more challenging for the sanction-hit tech giant.

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26-04-2022

'Too early' to say if Poland will seek EU approval for more coal subsidies - minister

It is too early to say if Poland will ask the European Union for approval to extend capacity market support for coal-fuelled power plants, Polish climate minister Anna Moskwa said on Tuesday.

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26-04-2022

UPS adjusted profit rises on e-commerce demand

United Parcel Service Inc reported a rise in quarterly adjusted profit on Tuesday as the parcel delivery company focused on more profitable customers amid an ongoing boom in e-commerce package shipments.

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26-04-2022

Biden's first pardons ease punishment for non-violent drug crimes

U.S. President Joe Biden will issue the first pardons of his term on Tuesday, part of a series of steps aimed at shoring up his record on crime and racial justice in an election year.

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26-04-2022

Swiss gold exports to the United States rocketed in March

Swiss shipments of gold to the United States surged in March to their highest since May 2020, Swiss customs data showed, as investors spooked by Russia's invasion of Ukraine and the threat of a global economic slowdown stocked up on bullion.

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26-04-2022

Oil falls on demand concerns as China's Beijing expands COVID-19 testing

LONDON -Oil prices fell on Tuesday as China's capital Beijing expanded its COVID mass testing, heightening demand concerns and outweighing the prospect of supply disruptions.

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26-04-2022

Credit Suisse set to appoint Low as Asia Pacific CEO - sources

Swiss bank Credit Suisse is set to appoint its Asia Pacific investment banking co-head, Edwin Low, as its new chief executive for the region, replacing veteran banker Helman Sitohang, two sources familiar with the matter told Reuters.

newspaper

26-04-2022