Exclusive: Zurich Insurance eyes $400 million stake in general insurance arm of India’s Kotak

[ad_1] [1/2] Uday Kotak, Managing Director of Kotak Mahindra Bank poses for a picture at the company’s corporate office in Mumbai January 15, 2015. REUTERS/Danish Siddiqui /FILE PHOTO Zurich Insurance,…

Soft U.S. landing to free investor cash toward EMs -IIF

[ad_1] NEW YORK, June 14 (Reuters) – The U.S. economy should avoid a recession this year while inflation will fall closer to target, implying “a positive outlook for capital flows…

G20 backs IMF chief’s new trust to reach broader range of countries in need

[ad_1] New trust seen as ‘landmark’ achievement Staff paper forecast demand of $30-50 bln over 10 yrs Would help island states, middle-income countries WASHINGTON, Oct 13 (Reuters) – IMF chief…

Global equity funds attract big inflows at start of new year -Lipper

[ad_1] Jan 7 (Reuters) – Global equity funds attracted massive inflows for a third straight week in the seven days to Jan. 5, as world stocks started the new year…

Financial crime watchdog adds South Africa to ‘grey list’

[ad_1] PARIS/JOHANNESBURG, Feb 24 (Reuters) – International financial crime watchdog the Financial Action Task Force (FATF) on Friday added South Africa to its “grey list” of countries under special scrutiny…

Saudi investment minister visits Oman to boost economic ties

[ad_1] DUBAI, Aug 29 (Reuters) – Saudi Arabia’s Investment Minister Khalid al-Falih was visiting Oman on Sunday to discuss opportunities in both Gulf countries, Saudi state news agency SPA said.…

VIEW 2 U.S. labels Switzerland, Vietnam currency manipulators

[ad_1] NEW YORK, Dec 16 (Reuters) – The U.S. Treasury labeled Switzerland and Vietnam as currency manipulators on Wednesday and added Taiwan, Thailand and India to a watch list of…

Factbox: The long and short of it: GameStop and other market squeezes

[ad_1] LONDON, Feb 2 (Reuters) – Last week’s frenzied battle over GameStop (GME.N) that pitted retail traders against Wall Street hedge funds joins a long line of tussles between investors…

Exclusive: Elon Musk plans China visit, seeks meeting with premier

[ad_1] SHANGHAI/HONG KONG, March 31 (Reuters) – Tesla (TSLA.O) Chief Executive Elon Musk is making plans to visit China as early as April and is seeking a meeting with China’s…

SNB “not anywhere close” to changing policy – Maechler

[ad_1] ZURICH, June 28 (Reuters) – The Swiss National Bank “is not anywhere close” to starting a normalisation of its expansive monetary policy based on the world’s lowest interest rate…