Town Hall News

By Davide Barbuscia NEW YORK (Reuters) – U.S. firm Capital Group, one of the world’s largest investment management companies which manages about $2.2 trillion in equity and fixed income assets, said the beating that markets took last year made it more bullish on long-term stock and bond returns. “After a tumultuous year that saw double-digit declines in most equity and fixed income asset classes, our 20-year return assumptions are higher […]

By Krishn Kaushik and Simon Lewis NEW DELHI (Reuters) – Russia cannot be allowed to wage war with impunity, U.S. Secretary of State Antony Blinken and his counterparts from India, Japan and Australia said in a statement on Friday following a meeting in New Delhi. The so-called Quad group also said that the use, or threat of use, of nuclear weapons in Ukraine was “inadmissible”. Late last month, Russian President […]

ISTANBUL (Reuters) – Turkey’s six-party opposition alliance said it will announce on Monday its joint candidate to challenge President Tayyip Erdogan in the presidential election, little more than two months before the vote is set to be held. Erdogan indicated on Wednesday that elections will be held on May 14, sticking to his previous plan for the vote with a date just over three months after a devastating earthquake killed […]

A look at the day ahead in European and global markets from Ankur Banerjee All it took was a bit of a hint that the Federal Reserve may stick to its moderate monetary tightening path for the market to attempt a risk-on rally to end the week. Futures indicate that the buoyant mood is set to continue in Europe, with the continent-wide STOXX 600 looking to end yet another week […]

A look at the day ahead in European and global markets from Ankur Banerjee All it took was a bit of a hint that the Federal Reserve may stick to its moderate monetary tightening path for the market to attempt a risk-on rally to end the week. Futures indicate that the buoyant mood is set to continue in Europe, with the continent-wide STOXX 600 looking to end yet another week […]

A look at the day ahead in European and global markets from Ankur Banerjee All it took was a bit of a hint that the Federal Reserve may stick to its moderate monetary tightening path for the market to attempt a risk-on rally to end the week. Futures indicate that the buoyant mood is set to continue in Europe, with the continent-wide STOXX 600 looking to end yet another week […]

By Sabine Siebold SOMEWHERE IN GERMANY (Reuters) – In a remote German wood away from prying eyes, around 40 Ukrainians are taking a crash course on one of the West’s most advanced air defence systems, already confident it will enable them to better ward off Russian strikes once they return home. Boasting a range of some 40 kilometres (25 miles) and a 360 degree view, the IRIS-T SLM system is […]

JAKARTA (Reuters) – An Indonesian labour party said on Friday its members will protest against a controversial court ruling that this week ordered the country’s poll body (KPU) to delay the 2024 presidential and general elections. The Central Jakarta district court ruled on Thursday that KPU must halt all election preparations for more than two years and effectively delay the February, 2024 elections. The decision, which has drawn widespread criticism, […]

KUALA LUMPUR (Reuters) – A Malaysian court on Friday acquitted former Prime Minister Najib Razak and the former chief executive of scandal-linked state fund 1MDB of corruption charges linked to a 2016 government audit into the fund, their lawyers said. The acquittal comes amid renewed scrutiny on government corruption with Prime Minister Anwar Ibrahim, who took office in November last year, ordering a review into the previous administration’s projects in […]