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Japan’s MUFG replaces CEO after one year, digital chief to take helm
By Takashi Umekawa TOKYO (Reuters) – Mitsubishi UFJ Financial Group Inc <8306.T> on Friday said it was replacing its CEO with its digital chief after one year, a rare move that illustrates the deepening urgency at Japan’s biggest bank about the rise of fintech. The elevation of Deputy President Hironori Kamezawa to the top spot […]
Romney says U.S. Senate Republican probe of Biden appears political
By David Morgan WASHINGTON (Reuters) – U.S. Senator Mitt Romney, the lone Republican to vote to convict President Donald Trump of abuse of power following his impeachment, said on Thursday a Senate Republican investigation of Democratic presidential front-runner Joe Biden appeared politically motivated. Romney told reporters a probe of Hunter Biden, Joe Biden’s son, by […]
Turkish central bank slows easing with modest interest rate cut
By Nevzat Devranoglu and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s central bank cut its key interest rate by 75 basis points to 11.25% on Thursday, in its most restrained move since it began easing in July, suggesting any further stimulus would be modest as the economy leaves a recession behind. Turkey’s fifth straight interest rate […]