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The rupee ended unchanged at 81.6850 per U.S. dollar last week. "Markets are sensing a softening of approach from the U.S. Federal Reserve and that's giving legs to risk assets. The benchmark 10-year bond yield finished flat at 7.3012% last week. It is expected to stay within a 7.25%-7.33% band this week, with a break below 7.25% considered highly unlikely, the trader said. Many Asian countries are scheduled to release manufacturing data, with China's factory activity data due Wednesday.

☆ G7 looking at Russian oil price cap of $65-70 per barrel - EU diplomat
▼ + stars: | 2022-11-23 | by ( Jan Strupczewski | ) www.reuters.com time to read: +2 min

The company receives crude oil from Russia via the 'Friendship' pipeline. REUTERS/Hannibal HanschkeBRUSSELS, Nov 23 (Reuters) - The Group of Seven nations (G7) is looking at a price cap on Russian sea-borne oil in the range of $65-70 per barrel, a European Union diplomat said on Wednesday. "The G7 apparently is looking at a $65-70 per barrel bandwidth," the diplomat said. The idea of the price cap is to prohibit shipping, insurance and re-insurance companies from handling cargos of Russian crude unless it is sold for no more than the maximum price set by the G7 and its allies. Because the world's key shipping and insurance firms dealing with trade in crude oil are based in G7 countries, such a price cap would make it very difficult for Moscow to sell its oil for a higher price.

☆ Gold flat as market awaits Fed minutes for rate-hike path
▼ + stars: | 2022-11-23 | by ( ) www.cnbc.com time to read: +2 min

One kilo gold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Gold prices were flat on Wednesday, as investors held back from making big bets ahead of the U.S. Federal Reserve's latest policy meeting minutes, which could offer clues on further interest rate hikes. "There is some nervousness in the market ahead of the Fed minutes," said Edward Meir, an analyst with ED&F Man Capital Markets. Market participants are awaiting the minutes of Fed's Nov. 1-2 policy meeting due at 1900 GMT. Although gold is seen as a hedge against inflation, rising U.S. interest rates dull non-yielding bullion's appeal.

LONDON, Nov 16 (Reuters) - The British government and the Bank of England are reforming insurers' capital rules, seen as a post-Brexit test of UK willingness to "unshackle" the City of London after leaving the European Union. The EU's Solvency II rules were introduced for insurers in 2016, after years of debate, when Britain was still an EU member. They are designed to ensure insurers hold enough capital to remain stable and can make payouts on policies. The Bank has already consulted on potential changes it says would release 45-90 billion pounds ($53.65-$107.30 billion) of investment capital. The second element involves easing reporting requirements, widening the range of assets insurers can invest in, and tweaks to how insurers' internal capital models are approved.

☆ Gold hovers near 3-month high on hopes of smaller Fed hikes
▼ + stars: | 2022-11-15 | by ( ) www.cnbc.com time to read: +1 min

One kilo gold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Spot gold was steady at $1,770.70 per ounce, as of 0122 GMT, after hitting its highest since Aug. 17 in the previous session. The dollar index rose 0.3% against its rivals, making gold more expensive for other currency holders. The Fed will likely soon slow its interest rates hikes, Fed Vice Chair Lael Brainard signaled on Monday, but emphasized the central bank still had more work to do. SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, said its holdings rose 0.03% to 910.41 tons on Monday from 910.12 tons on Friday.

☆ Gold flat as investors seek direction from U.S. inflation data
▼ + stars: | 2022-11-08 | by ( ) www.cnbc.com time to read: +1 min

Gold prices were listless on Tuesday as investors held to the sidelines ahead of key U.S. inflation figures, which are likely to influence the Federal Reserve's rate-hike narrative. Spot gold was flat at $1,675.29 per ounce, as of 0034 GMT. Bullion prices hit a three-week peak in the previous session, buoyed by a weaker U.S. dollar. Gold is considered a hedge against inflation, but rising interest rates increase the opportunity cost of holding non-yielding bullion. The European Central Bank must not stop raising interest rates until underlying inflation has clearly peaked, but it may slow the pace of hikes once rates hit a level that starts to restrict growth, France's central bank chief told the Irish Times.

☆ INDIA STOCKS Indian shares set for muted opening; Fed meet in focus
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +3 min

** Adani Ports and Special Economic Zone APSE.NS, India's largest private operator of ports, reported a 69% surge in quarterly profit on Tuesday, driven by strong cargo volumes. ** Sun Pharmaceutical Industries Ltd (SUN.NS) on Tuesday reported a surprise 10.5% rise in second quarter profit led by a surge in sales of specialty drugs. ** IT services provider Tech Mahindra (TEML.NS)reported better-than-expected quarterly profit and revenue on Tuesday, helped by strong demand and the company also declared a special dividend. ** Kansai Nerolac Paints Ltd (KANE.NS)reported a weaker-than-expected rise in second quarter profit on Tuesday, hit by higher input costs and a demand squeeze due to unseasonal rains. ** Voltas Ltd (VOLT.NS)posted a loss for the second quarter on Tuesday, dented by higher expenses and a one-off expense related to a contract termination.

☆ Wall St slips as jobs data dents hopes for Fed rate deceleration
▼ + stars: | 2022-11-01 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

The sharp focus on labor market data overshadowed another report which showed U.S. manufacturing activity grew at its slowest pace in nearly 2-1/2 years in October as rising rates cool demand for goods and pricing pressures on manufacturers lessened. People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. That also helped boost U.S.-listed shares of Chinese firms such as JD.Com , up 3.08% and Alibaba Group Holding , which gained 3.59%. Advancing issues outnumbered declining ones on the NYSE by a 1.56-to-1 ratio; on Nasdaq, a 1.29-to-1 ratio favored advancers. The S&P 500 posted 24 new 52-week highs and eight new lows; the Nasdaq Composite recorded 120 new highs and 110 new lows.

☆ Apple supplier Foxconn gives bonuses to staff hit by COVID lockdown - media
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +2 min

Nov 1 (Reuters) - Apple (AAPL.O) supplier Foxconn (2317.TW) is handing bonuses to workers at its Zhengzhou plant in central China, Chinese government-backed media reported, as it works to quell employee discontent at the site over COVID curbs. Foxconn did not immediately respond to a request for comment on the Henan Daily article. The Henan Daily is the official newspaper of the province of Henan, of which Zhengzhou is the capital. It makes most of the phones at the Zhengzhou plant where it employs about 200,000 people, though it has other smaller production sites in India and south China. The Zhengzhou plant has been rocked by discontent over stringent measures to curb the spread of COVID-19, with several workers fleeing the site over the weekend.

☆ Apple supplier Foxconn gives pay rise to staff hit by COVID lockdown - media
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +2 min

Nov 1 (Reuters) - Apple (AAPL.O) supplier Foxconn (2317.TW) has increased wages and is handing bonuses to workers at its Zhengzhou plant in central China, Chinese government-backed media reported, as it works to quell employee discontent at the site over COVID curbs. Foxconn did not immediately respond to a request for comment on the Henan Daily article. The Henan Daily is the official newspaper of the province of Henan, of which Zhengzhou is the capital. It makes most of the phones at the Zhengzhou plant where it employs about 200,000 people, though it has other smaller production sites in India and south China. The Zhengzhou plant has been rocked by discontent over stringent measures to curb the spread of COVID-19, with several workers fleeing the site over the weekend.

☆ Devon Energy's third-quarter beat comes on the back of solid capital discipline
▼ + stars: | 2022-11-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

3Q cash flow Operating cash flow for the quarter increased 32% year-over-year, to $2.1 billion, roughly in line with analysts' estimates of $2.18 billion. Free cash flow grew 31% annually, to $1.48 billion, in line with forecasts of $1.45 billion. Capital allocation At the Club, we pay close attention to cash flow metrics. The strong cash flow realized in the third quarter allowed management to announce a fixed-plus-variable dividend of $1.35 a share. Free cash flow is expected to increase more than 25% on an annual basis.

☆ China's CIFI suspends all offshore debt payments, starts restructuring
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +3 min

HONG KONG, Nov 1 (Reuters) - Shanghai-based property developer CIFI Holdings (0884.HK) said on Tuesday it has suspended payments on all of its offshore debt after it failed to reach an agreement with creditors to which it owes $414 million in total. CIFI said in a filing it has engaged Haitong International Securities Company Limited as financial advisor and Linklaters as legal adviser to facilitate a restructuring of its $6.85 billion offshore debt, as it is likely to come under continued pressure to generate sufficient cash flows for repayments. CIFI and Longfor had borrowings of 114 billion yuan ($15.61 billion) and 212 billion yuan, respectively, as of June, and Greenland had 122 billion yuan. But it added its offshore debt issues do not materially affect its onshore financing arrangements as a whole and that its commercial operations remain normal. CIFI said on Oct. 13 it had not met certain offshore interest and amortisation payments due to delays in remittances during an extended holiday in mainland China.

BEIJING/HONG KONG, Oct 25 (Reuters) - Global credit rating agency Moody's downgraded Fosun International Ltd (0656.HK) by one notch on Tuesday and revised its outlook to "negative" from "ratings under review" amid concerns over the firm's accelerated asset sales. Fosun and its units had earlier cut stakes in firms such as New China Life Insurance (601336.SS) and Shanghai Yuyuan Tourist Mart Group (600655.SS). Fosun, controlled by billionaire entrepreneur Guo Guangchang, was once one of China's most aggressive dealmakers overseas, buying high-profile assets including resort brand Club Med. Fosun's cash on hand at the holding company level is insufficient to cover its short-term debt maturing over the next 12 months, Moody's added. Fosun also expects to gradually repay the outstanding senior notes and increase borrowings from banks, the report said.

☆ Chinese state banks sold dollars to support yuan late on Tuesday - sources
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +2 min

The selling of dollars by state banks in early U.S. trading hours lifted the yuan, said one of the sources, noting the action took place in both onshore and offshore markets. The other source also spotted such state bank dollar selling in the onshore market late in the Asian day. The offshore yuan has been hitting successive record lows in recent sessions, reflecting a strengthening dollar and worries over a slowing Chinese economy. The yuan buying by state banks helped it crawl from a record low of 7.3746 per dollar to 7.3034. The onshore yuan bounced from a low of 7.31 to retrace almost all intraday losses following the state bank actions.

BEIJING/HONG KONG, Oct 25 (Reuters) - Global rating agency Moody's downgraded Fosun International Limited (0656.HK) by one notch on Tuesday and revised its outlook to 'negative' from 'ratings under review', after the firm divested more assets to ease liquidity and debt burdens. "Moody's expects Fosun to face difficulties in refinancing its sizable short-term debt in public bond markets, both onshore and offshore, given the current weak market sentiment," the rating agency said. Fosun's cash on hand at the holding company level is insufficient to cover its short-term debt maturing over the next 12 months, Moody's said. Fosun's management also plans to gradually repay the outstanding senior notes and increase borrowings from banks, the report said. The company did not make any comments on the Bloomberg story or the Citigroup report in response to queries from Reuters.

☆ Asia stocks struggle as Xi's leadership team spooks markets
▼ + stars: | 2022-10-25 | by ( Anshuman Daga | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares (.MIAP00000PUS) fell to the lowest since April 2020 before an attempted rebound in beaten-down Hong Kong tech shares dragged it back to flat. "A short-term technical rebound is the main factor for today's rise," said Kenny Ng, a strategist at China Everbright Securities in Hong Kong. "(The) cumulative decline of Hong Kong stocks is deep." CHINA FLIGHTChinese markets remained volatile and jittery following Monday's withering selloff in Hong Kong. Xi Jinping's new leadership team has raised worries that China will increasingly prioritise the state at the cost of the private sector.

☆ INDIA STOCKS Indian shares rise as oil prices decline; inflation data eyed
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, Oct 12 (Reuters) - Indian shares opened higher on Wednesday, as a fall in global oil prices boosted sentiment, while investors awaited domestic retail inflation data and quarterly earnings results from IT firm Wipro later in the day. India, the world's third-biggest importer and consumer of oil, benefits from a fall in prices as it brings down imported inflation. On Tuesday, both the indexes had closed at a one-week low - marking their third straight session of losses - on the back of risk aversion globally. Markets also awaited U.S. inflation data on Thursday that kept investors on edge. Register now for FREE unlimited access to Reuters.com RegisterReporting by Rama Venkat in Bengaluru; Editing by Neha AroraOur Standards: The Thomson Reuters Trust Principles.

☆ India inflation likely hit five month high in Sept on food prices: Reuters poll
▼ + stars: | 2022-10-11 | by ( Arsh Tushar Mogre | ) www.reuters.com time to read: +2 min

The Oct. 3-7 Reuters poll of 47 economists suggested inflation - as measured by the Consumer Price Index (INCPIY=ECI) - rose to an annual 7.30% in September from 7.00% the previous month. Some 91% of economists, 43 of 47, expected inflation to be 7.00% or higher, suggesting the bias was for prices to go up further. "There is a strong pressure from food that is playing out," said Dharmakirti Joshi, chief economist at Crisil. The Indian government has introduced measures to calm local prices, including some export restrictions on rice to temper inflation. But consumer prices have remained defiant and stayed above the RBI's upper tolerance limit this year.

☆ INDIA STOCKS Indian shares extend fall as autos weigh
▼ + stars: | 2022-10-11 | by ( Rama Venkat | ) www.reuters.com time to read: +2 min

BENGALURU, Oct 11 (Reuters) - Indian shares fell for a third session on Tuesday, with automobile stocks leading losses, as risk-averse trades take hold of financial markets globally. The NSE Nifty 50 index (.NSEI) fell 0.55% to 17,146 as of 0510 GMT, and the S&P BSE Sensex (.BSESN) was down 0.51% to 57,692.61. read moreIn domestic trading, the Nifty's automobile index (.NIFTYAUTO) and the energy index (.NIFTYENR) fell 0.98% and 0.69%, respectively. Tata Consultancy Services Ltd (TCS.NS) posted its biggest intraday pct fall in more than three weeks, weighing on the Nifty IT index (.NIFTYIT) which was down 0.75%. "We have seen the worst of inflation getting over so don't see much of a domestic inflation scare as of now."

☆ I made $5,500 in 2 months renting my family's cars on Turo. The extra income helps us pay our bills and save for my kids' college fund.
▼ + stars: | 2022-06-08 | by ( Kimanzi Constable | ) www.businessinsider.com time to read: +6 min

Daniel Veiga, 41, rented out one of his family's five cars on the car-sharing app Turo. Within a month, Veiga began renting out four of the five family cars, generating $4,229 in bookings. The revenue he makes from the car-sharing app Turo has been verified by Insider. My friend said Turo was an app where you could rent people's cars and get the exact vehicle you wanted. We used Turo exclusively for the next three years to rent cars.

☆ Stocks Finish Lower Ahead of Fed Decision
▼ + stars: | 2022-01-11 | by ( Will Horner | Hannah Miao | ) www.wsj.com time to read: 1 min

U.S. stocks slipped Tuesday as investors considered the trajectory of interest-rate increases ahead of the Federal Reserve’s policy decision on Wednesday. The S&P 500 eased 15.88 points, or 0.4%, to 3856.10 after opening the session higher. The Dow Jones Industrial Average lost 79.75 points, or 0.2%, to 32653.20. The Nasdaq Composite shed 97.30 points, or 0.9%, at 10890.85.

☆ Sistări temporare în livrarea apei în capitală şi la Ghidighici
▼ + stars: | 2021-07-07 | by ( ) www.ipn.md time to read: 1 min

Sistări temporare în livrarea apei în capitală şi la Ghidighici„Apă-Canal Chişinău” va întrerupe furnizarea apei tehnice vineri, 9 iulie, orele 09.00 - 17.00, pe strada Transnistria, 6-24, cu fracții. Sistările au loc în legătură cu executarea lucrărilor planificate, transmite IPN. Pe aceeaşi dată, în intervalul 10.00–17.30, va fi deconectată energia electrică, inclusiv sistată alimentarea cu apă, pe mai multe străzi din orașul Ghidighici. Consumatorii afectaţi de opririle anunţate sunt îndemnați să-şi asigure rezerva minimă de apă pentru consum şi uz casnic pe perioada întreruperii furnizării apei. Pentru informații suplimentare oamenii sunt îndemnați să sune la Dispeceratul central, la numărul de telefon: 022-25-66-66 sau 022-85-77-77.

Persons: ., . Neaga Locations: Ghidighici, Canal Chişinău, Transnistria, Ponoarelor, . Bucov

☆ Femeile-soldat din Ucraina vor defila pe tocuri patru ore pe zi. Ministrul Apărării oferă comentarii după un val de reacții negative
▼ + stars: | 2021-07-06 | by ( Onixmedia Srl | ) diez.md time to read: +1 min

Femeile-soldat din Ucraina vor defila pe tocuri patru ore pe zi. Ministrul Apărării oferă comentarii după un val de reacții negativeMinisterul Apărării din Ucraina și-a apărat decizia de a pregăti femeile din serviciul militar să defileze pe tocuri de Ziua Independenței, în urma unui val de reacții negative exprimate de oameni politici și societatea civilă din țară. Femeile din forțele armate ucrainene vor defila la parada din 24 august, la a 30-a aniversare a independenței față de Uniunea Sovietică, relatează CNN. Într-o declarație preluată și pe pagina de Facebook a Ministerului Apărării din Ucraina, Balabushka a spus că femeile se antreneză de două ori pe zi pentru a stăpâni pașii și progresează bine. Maiorul Balabushka a spus că acest program a fost stabilit pentru a evita orele la care temperaturile sunt ridicate și a adăugat că, cel mai probabil, în apropierea datei de 24 august, „programul de antrenament va deveni mai strict”.

Persons: CNN, Maiorul Evgeny, Balabushka, Maiorul Balabushka Organizations: Apărării din, Facebook, Ministerului Apărării Locations: Ucraina, Apărării din Ucraina, Uniunea Sovietică

☆ Rețeaua Națională a Consiliilor Elevilor te invită să participi la evenimentul distractiv „Scavenger Hunt”
▼ + stars: | 2021-07-01 | by ( Onixmedia Srl | ) diez.md time to read: +1 min

Rețeaua Națională a Consiliilor Elevilor te invită să participi la evenimentul distractiv „Scavenger Hunt”În această vară, Rețeaua Națională a Consiliilor Elevilor nu te va lăsa să te plictisești nici pe o clipă. Îți place să faci sport? Îți place să găsești răspunsul la diferite ghicitori? Îți place să explorezi orașul? Rețeaua Națională a Consiliilor Elevilor îți garantează distracție la maxim și premii inedite pentru echipele câștigătoare.

Persons: Hunt Organizations: Națională, Elevilor Locations: Monkey

☆ «Утюг сам много раз на нее падал». Адвокат Татьяна Кебак о семейном насилии, эмпатии, деньгах и выгорании. #JusticeInside
▼ + stars: | 2021-06-30 | by ( ) newsmaker.md time to read: +16 min

Мама предлагала устроиться юристом в банк, но я знала, что моя работа должна быть связана только с защитой прав человека. В одном деле муж прижигал жене ноги утюгом и говорил, что утюг сам много раз на нее упал. «Я до сих пор начинаю плакать, когда говорю об этом»Но был еще один случай, который меня подкосил — дело турецких учителей. 5 сентября 2018 года был мой день рождения, а 6 сентября в 7.30 позвонила моя коллега и говорит: «Быстро в аэропорт! Большая проблема в этой системе — люди и то, что никто не работает с их эмоциональными проблемами и травмами.

Persons: —, Doina, Татьяна Кебак, Лидия Горчаг Organizations: Центр для дети, Правовой центр адвокатов, Бюро миграции, Центр семейной юстиции, МВД, Генинспектората полиция, Центр, Совет Европы Locations: Молдова, Стамбул, Турция, США

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