China's trade with Russia slows but still beats overall growth

BEIJING (Reuters) -China's overall trade with Russia rose over 12% in March from a year earlier, slowing from February but still outpacing the growth in China's total imports and exports, as Beijing slammed Western sanctions on Russia following its invasion of Ukraine.

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13-04-2022

Exclusive: BlackRock plans first China ETF product this year -sources

BlackRock Inc plans to launch its first product in China's $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring staff accordingly, two people with direct knowledge of the matter told Reuters.

newspaper

13-04-2022

Barry Callebaut CEO says staying in Russia feels right

Swiss chocolate maker Barry Callebaut will keep operating in Russia to help its customers and employees there, even though images from the war in Ukraine create "enormous pressure," it said on Wednesday.

newspaper

13-04-2022

BOJ won't introduce digital yen as means for negative rates - central bank official

TOKYO (Reuters) -The Bank of Japan (BOJ) will not introduce a digital yen as a means to achieve negative interest rates, an idea sometimes discussed in academic circles, a senior central bank official said on Wednesday.

newspaper

13-04-2022

Inflation angst sends European stocks lower for third day

European shares retreated for a third straight session on Wednesday as anxiety about elevated inflation and its potential impact on upcoming earnings season dampened risk appetite.

newspaper

13-04-2022

Swiss 'banker of the year' convicted in corruption trial

ZURICH (Reuters) -Swiss judges on Wednesday sentenced former Raiffeisen Switzerland Chief Executive Pierin Vincenz to three and three-quarters years in prison as it found him guilty of fraud and other counts in a trial that has gripped the nation with allegations of fraudulent deals and huge strip club bills.

newspaper

13-04-2022

China's imports unexpectedly fall on domestic COVID curbs

BEIJING (Reuters) -China's imports unexpectedly fell in March as COVID-19 curbs across large parts of the country hampered freight arrivals and weakened demand, while export growth slowed slightly and analysts expected trade to worsen in the second quarter.

newspaper

13-04-2022

China's March trade with Russia rises over 12% from year earlier

BEIJING (Reuters) -China's overall trade with Russia rose by more than 12% in March from a year earlier in dollar terms, in sync with previous gains, even as Beijing criticised Western sanctions on Russia following its invasion of Ukraine.

newspaper

13-04-2022

Euro weighed down by waning hopes for peace in Ukraine, kiwi wobbles

The euro was pinned to a five-week low on Wednesday as prospects for peace in Ukraine seemed to darken, while the kiwi was whipsawed after New Zealand's central bank announced its sharpest rate hike in two decades to curb inflation.

newspaper

13-04-2022