News
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UK's FCA Says Proposing Changes To Regulatory Capital Rules
April 24 (Reuters) - UK's FCA:FCA: SEVENTY PERCENT CUT IN CAPITAL RULES RED TAPE: 24/04/2025UK'S FCA: PROPOSALS DO NOT CHANGE RULES ABOUT HOW MUCH CAPITAL FIRMS MUST HOLD - WEBSITEUK'S FCA: PROPOSES STREAMLINED RULES ON FUNDS TYPES INVESTMENT FIRMS MUST HOLD TO ABSORB LOSSES & MAINTA...Reuters
Thu, Apr 24
UK's FCA proposes changes to capital rules, minimum holding not affected
April 24 (Reuters) - Britain's Financial Conduct Authority said on Thursday it was proposing cutting down on rules on the types of funds investment firms must hold to be able to absorb losses and maintain resilience when markets are under stress.The watchdog, however, added that the proposals wo...Reuters
Thu, Apr 24
ANALYSIS-Tariff-hit China exporters reluctant to heed government calls to sell locally
Beijing working to facilitate exporters shift to domestic marketFactories complain about price wars, low profits, payment delaysChina's economy needs more demand, not more supply, say analystsBy Liangping Gao, Ellen Zhang and Casey Hall BEIJING/SHANGHAI, April 24 (Reuters) - Eno Qian, who run...Reuters
Thu, Apr 24
Britain gives websites hosting pornography until July to enforce age restrictions
Pornography sites must have 'effective' age limits by JulyHarmful content must be filtered out of children's feedsFailure to comply could result in major finesBy Paul SandleLONDON, April 24 (Reuters) - Britain's communications regulator said on Thursday that online platforms hosting ...Reuters
Thu, Apr 24
Vietnam Airlines to finalise 50 Boeing narrow-body order soon, sources say
HANOI, April 24 (Reuters) - Flag carrier Vietnam Airlines is close to finalising a provisional order for 50 Boeing BA.N 737 MAX jets that it made in 2023, industry sources said, as it signed a funding arrangement for 50 single-aisle planes on Thursday. The airline said it had sign...Reuters
Thu, Apr 24
Russia says inability of Ukraine's Zelenskiy to strike a deal is becoming clearer by the minute
MOSCOW, April 24 (Reuters) - Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that it was becoming clearer by the minute that Ukrainian President Volodymyr Zelenskiy is unable to negotiate a deal to end the war.Zelenskiy and U.S. President Donald Trump clashed again on Wednesday...Reuters
Thu, Apr 24
Norway wealth fund posts $40 bln first-quarter loss on tech weakness
OSLO, April 24 (Reuters) - Norway's $1.7 trillion sovereign wealth fund, the world's largest, reported on Thursday a quarterly loss of 415 billion Norwegian crowns ($39.72 billion) for the January to March period, largely driven by negative returns in the tech sector."The quarter has bee...Reuters
Thu, Apr 24
Nokia posts quarterly profit miss, flags disruption from Trump's tariffs
By Gianluca Lo Nostro and Boleslaw Lasocki April 24 (Reuters) - Nokia NOKIA.HE reported first-quarter profit well below market expectations on Thursday and flagged a short-term disruption from U.S. tariffs with an estimated impact of between 20 million and 30 million euros to its second-quarter p...Reuters
Thu, Apr 24
Generali can handle U.S. tariff policies, market turmoil, CEO says
TRIESTE, Italy, April 24 (Reuters) - Italy's top insurer Generali GASI.MI will be able to face the challenges coming from U.S. tariff policies and the related market reactions, CEO Philippe Donnet said on Thursday. "The U.S. tariff policies and the related reactions of markets around the wor...Reuters
Thu, Apr 24
Pakistan's bonds dive as tensions rise with India
LONDON, April 24 (Reuters) - Pakistan's dollar-denominated government bonds dropped more than 4 cents on Thursday, Tradeweb data showed, as tensions with neighbouring India escalated. The 2036 maturity US695847AB92=TE fell the most, shedding over 4 cents to be bid at 74 cents on the dollar. Gunm...Reuters
Thu, Apr 24
Euro zone yields ease ahead of key German business sentiment data
April 24 (Reuters) - Euro zone government bond yields pulled back on Thursday from a sharp rise in the previous session as traders awaited data that was expected to show a decline in German business sentiment in April.
Reuters
Thu, Apr 24
Nokia CEO Sees Additional Opportunity To Consider Further U.S. Investments
April 24 (Reuters) - Nokia Oyj NOKIA.HE:CEO JUSTIN HOTARD SAYS HE IS NOT DISCUSSING MOVING CO'S HEADQUARTERS TO U.S. - REUTERS INTERVIEWCEO: THERE'S ADDITIONAL OPPORTUNITY FOR US TO CONSIDER INVESTMENT IN THE U.S. - REUTERS INTERVIEWCEO ON TARIFFS: WE HAVE NOT REALLY SEEN A SIGNIFICANT SHIFT...Reuters
Thu, Apr 24
US should lift tariffs on China to solve trade issue, China commerce ministry says
BEIJING, April 24 (Reuters) - The United States should lift all unilateral tariff measures against China if it "truly" wanted to solve the trade issue, a spokesman for China's commerce ministry said on Thursday. He Yadong, a ministry spokesperson, made the remark at a regular press brie...Reuters
Thu, Apr 24
UK's Balfour Beatty secures $889 million Texas highway contract
April 24 (Reuters) - British construction and infrastructure group Balfour Beatty BALF.L said on Thursday it had secured a contract worth $889 million from the Texas Department of Transportation to reconstruct part of the state's Interstate 30 highway.Under the contract, the London-headquartered...Reuters
Thu, Apr 24
Norway wealth fund posts $40 bln first-quarter loss on tech weakness
OSLO, April 24 (Reuters) - Norway's $1.7 trillion sovereign wealth fund, the world's largest, reported on Thursday a quarterly loss of 415 billion Norwegian crowns ($39.72 billion), largely driven by negative returns in the tech sector. ($1 = 10.4493 Norwegian crowns)Market value of Norway&#...Reuters
Thu, Apr 24
Singapore's GIC inks deal with SAMHI as Indian hotelier looks to trim debt
By Hritam MukherjeeApril 24 (Reuters) - Singapore's sovereign wealth fund GIC will take 35% stakes in three individual units of SAMHI Hotels SAMH.NS for a total investment of 7.52 billion rupees ($88 million), as part of a joint plan to develop upscale hotels in India.The three units - SAMHI JV ...Reuters
Thu, Apr 24
