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Wall St rises as growth stocks gain after two days of selloff

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Ross Stores plunges after cutting 2022 forecast * Match Group rises as Google to allow payment alternatives * Indexes up: Dow 0.61%, S&P 0.88%, Nasdaq 1.04% (Updates to open) By Amruta Khandekar and Devik Jain May 20 (Reuters) - U.S. stock
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BOJ's Kuroda vows to keep ultra-easy monetary policy

By Leika Kihara BONN, Germany, May 20 (Reuters) - The Bank of Japan will keep interest rates ultra-low as inflation won't pick up much, governor Haruhiko Kuroda said on Friday, underscoring the view that Japan will remain an outlier among G7 nations eyeing monetary policy tightening. Kuroda said he explained to his G7 counterparts that the BOJ will

Wall St rises as growth stocks gain after two days of selloff

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Ross Stores plunges after cutting 2022 forecast * Match Group rises as Google to allow payment alternatives * Indexes up: Dow 0.61%, S&P 0.88%, Nasdaq 1.04% (Updates to open) By Amruta Khandekar and Devik Jain May 20 (Reuters) - U.S. stock
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G7 mulling Russian asset seizures to help rebuild Ukraine - German FinMin

BERLIN, May 20 (Reuters) - Seizing Russian state assets to help finance the rebuilding of war-torn Ukraine remains a possibility, German Finance Minister Christian Lindner said on Friday, but he added that no decision on the matter was taken at a meeting with his G7 counterparts. "We talked about the continuation of sanctions in connection with Ukr

Qatar emir optimistic on Iran deal, confirms deal on gas supply to Germany

May 20 (Reuters) - The Emir of Qatar Tamim bin Hamad al-Thani expressed optimism on Friday that an agreement between the United States and Iran could be achieved, voicing readiness to help in the matter. Talks to revive a 2015 accord restraining Iran's nuclear programme with world powers have been on hold since March, chiefly over Tehran's insisten

Russia makes early debt payment dash in bid to swerve default

LONDON, May 20 (Reuters) - Russia initiated payment on two of its external bonds on Friday in an attempt to stave off a looming sovereign default ahead of a key U.S. licence allowing such transfers expiring next week. The finance ministry said it channelled $71.25 million on coupon payout for dollar-denominated Eurobonds maturing in 2026 RU000A0JWH

BOJ's Kuroda vows to keep ultra-easy monetary policy

BONN, Germany, May 20 (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Friday repeated the bank's resolve to maintain its ultra-easy monetary policy, saying the country's inflation was unlikely to accelerate faster than it projected last month. "I explained to my Group of Seven counterparts that we will patiently continue with our powerful mon

Baltic index gains for sixth week on stronger vessel rates

May 20 (Reuters) - The Baltic Exchange's main sea freight index .BADI rose on Friday to gain for a sixth consecutive week on stronger vessel rates across segments. * The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, gained 55 points, or 1.7%, to 3,344 points. It rose 7.7% for the week. * The c

Putin promises to bolster Russia's IT security in face of cyber attacks

May 20 (Reuters) - President Vladimir Putin said on Friday that the number of cyber attacks on Russia by foreign "state structures" had increased several times over and that Russia must bolster its cyber defences by reducing the use of foreign software and hardware. The websites of many state-owned companies and news websites have suffered sporadic
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G7 offers $9.5 bln new aid for Ukraine, ready with more

By Christian Kraemer and Francesco Canepa KOENIGSWINTER, Germany, May 20 (Reuters) - The Group of Seven's financial leaders agreed on $9.5 billion in new aid to Ukraine on Friday and promised enough money to keep the country's devastated economy afloat as long as it fights against Russia's invasion. Finance ministers and central bank governors of t

CEZ has made gas payment to Gazprom in euros, gives no details

PRAGUE, May 20 (Reuters) - Czech utility CEZ has made its due payment for Russian gas in euros, a spokesman said on Friday, declining to provide any further details. "We have made the payment in euros, in line with recommendation of the European Commission. We will not comment on details," CEZ said, declining to specify whether the company, which t
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French outgoing industry minister Pannier-Runacher to become energy minister - BFM TV

PARIS, May 20 (Reuters) - French outgoing Industry Minister Agnes Pannier-Runacher will be appointed energy minister in the new French government, BFM TV reported citing unnamed sources, less than an hour before the official new government appointments were due on Friday afternoon. Reporting by GV De Clercq, editing by Tassilo Hummel

Wall Street opens higher after two-day selloff

May 20 (Reuters) - Wall Street's main indexes opened higher on Friday with banks and megacap growth shares rising on the last day of a week that saw heightened volatility on concerns about the impact of rising inflation and interest rate hikes. The Dow Jones Industrial Average .DJI rose 173.81 points, or 0.56%, at the open to 31,426.94. The S&P 500
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Russia says it fulfilled obligations on Eurobond coupons in full

May 20 (Reuters) - Russia has fulfilled obligations on paying coupons on two Eurobond issues in full, the finance ministry said on Friday, days before the May 26 deadline for coupon payouts. The prospect of a Russia sovereign default is in the spotlight again with a deadline for a U.S. licence allowing Moscow to make payments expiring on May 25 and

C$ climbs to 2-week high as China eases lending rate

* Canadian dollar strengthens 0.3% against the greenback * Touches its strongest since May 5 at 1.2777 * Price of U.S. oil rises 0.1% * Canadian bond yields trade mixed across curve TORONTO, May 20 (Reuters) - The Canadian dollar strengthened to its highest level in more than two weeks against its U.S. counterpart on Friday as Chinese authorities m
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Qatar key to Germany's future energy strategy - Chancellor Scholz

BERLIN, May 20 (Reuters) - Qatar will play a central roll in Germany's strategy to diversify away from Russian gas, German Chancellor Olaf Scholz said on Friday. "The energy security issue plays an important role for us. Germany will develop its infrastructure to be in a position to import liquefied gas by ship," Scholz told journalists at a joint

Qatar emir optimistic on Iran deal, confirms agreement on gas supply to Germany

May 20 (Reuters) - The Emir of Qatar Tamim bin Hamad al-Thani expressed optimism on Friday that an agreement between the United States and Iran can be achieved, and voiced his readiness to help in reaching a deal. Adressing a joint press conference in Berlin with German Chancellor Olaf Scholz, he also confirmed that Qatar plans to start supplying l

Asian prices fall as market awaits China buying rebound

By Marwa Rashad LONDON, May 20 (Reuters) - Asian spot liquefied natural gas (LNG) prices were down this week despite news of potential COVID lockdown easing in China as players await an actual rebound in procurement activity to meet Autum-Winter seasonal demand. Meanwhile, in Europe, concerns about Russian pipeline supply have slightly receded on s

Chile central bank mulled 150 point rate increase at May meeting, minutes show

SANTIAGO, May 20 (Reuters) - Chile's central bank considered raising the benchmark interest rate by up to 150 basis points at its last meeting due to persistent inflationary pressure, according to meeting minutes released by the bank on Friday. The central bank eventually decided to raise its Monetary Policy Rate (MPR) by 125 points to 8.25%, which

Pakistan closing rupee rates in the kerb market

KARACHI, Pakistan, May 20 (Reuters) - Friday's rates at 1100 GMT in the kerb market from the Exchange Companies Association of Pakistan: Currency Buying rate Selling rate U.S. dollar 199.05 201.00 Euro 210.50 212.00 Pound sterling 248.50 250.50 Japanese yen 1.52 1.57 Saudi riyal 53.00 53.50 UAE dirham 54.70 55.20 Reporting by Syed Raza Hassan

Putin warns of "cyber-aggression" against Russia, promises security shakeup

May 20 (Reuters) - President Vladimir Putin on Friday said that the number of cyber attacks on Russia by foreign "state structures" had increased and that Moscow would need to bolster its cyber defences by cutting the risk of using foreign software and hardware. "Purposeful attempts are being made to disable the Internet resources of Russia's criti



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