China takes swipe at Western ‘friend-shoring’ efforts

By Leika Kihara WASHINGTON (Reuters) – China’s central bank governor on Friday took a swipe at efforts by Western economies to trade more with allies and rely less on the world’s largest goods-exporting country, saying such “friend-shoring” attempts could prevent global supply chain tension from easing. Reducing their deep dependence on supply chains with China …

China takes swipe at Western ‘friend-shoring’ efforts Read More »

Bank of Korea chief says secular stagnation a tougher woe for emerging nations

By Leika Kihara WASHINGTON (Reuters) – Bank of Korea Governor Rhee Chang-yong said on Friday the biggest challenge for emerging market central banks could be to deal with a return of secular stagnation and low interest rates, rather than combatting higher inflation. “In terms of our strategy in coping with higher inflation, we’re following the …

Bank of Korea chief says secular stagnation a tougher woe for emerging nations Read More »

Italy market watchdog Consob looking closely at Leonardo CEO pick

ROME (Reuters) – Italy’s stock market watchdog Consob is scrutinising the government’s CEO nominee at defence group Leonardo after an opposition lawmaker raised potential conflict-of-interest issues, sources at the regulator said on Friday. Italy’s Treasury on Wednesday tapped former Energy and Environment Minister Roberto Cingolani to take charge of Leonardo, as part of a round …

Italy market watchdog Consob looking closely at Leonardo CEO pick Read More »

Soccer-Tunisian player dies after setting himself on fire in protest against police

TUNIS (Reuters) – Tunisian football player Nizar Issaoui, 35, has died from burns suffered after setting himself alight earlier this week as a protest against “police injustice”, his family said on Friday. Clashes erupted between police and angry protesters in Haffouz, the hometown‮ ‬of Issaoui. Police fired gas to disperse the protesters who had gathered …

Soccer-Tunisian player dies after setting himself on fire in protest against police Read More »