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Biden's personal finances little changed in 2023, documents show May 15, 2024 06:04PM

By Trevor Hunnicutt and Nandita Bose

WASHINGTON (Reuters) - U.S. President Joe Biden disclosed a little-changed personal financial situation in 2023, though his book royalties fell and the amount he owed on a home equity loan rose, federal documents showed.

Biden and his wife Jill Biden reported total assets between roughly $1 million and $2.6 million and liabilities between roughly $350,000 and $850,000, according to an Office of... (continue reading...)


South Africa seeks halt to Israel's Rafah offensive at World Court May 15, 2024 06:03PM

By Stephanie van den Berg

THE HAGUE (Reuters) - South Africa will ask the top U.N. court on Thursday to order a halt to the Rafah offensive as part of its case in The Hague accusing Israel of genocide in the Gaza Strip.

The hearings at the International Court of Justice, also known as the World Court, come after South Africa last week asked for additional emergency measures to protect Rafah, a southern Gaza city where more than a million... (continue reading...)


Norway sovereign wealth fund excludes three companies over ethical concerns May 15, 2024 06:01PM

(Reuters) -Norway's central bank said on Wednesday that its executive board has decided to exclude three companies from its government pension fund over ethical concerns.

Norges Bank, which manages the sovereign wealth fund, said in a statement it has decided to exclude India's Adani Ports and Special Economic Zone, L3Harris Technologies and China's Weichai Power.

Norges said it decided to exclude Adani Ports due to "unacceptable risk that... (continue reading...)


Soros Fund Management dissolves stake in NYCB, buys Goldman Sachs shares May 15, 2024 05:54PM

(Reuters) - Soros Fund Management has dissolved its share stake in embattled lender New York Community Bancorp in the first quarter of 2024, a regulatory filing showed on Wednesday.

The family office of billionaire George Soros previously held about 1.5 million shares in the regional lender as of the quarter ended Dec. 31.

Separately, Soros Fund Management bought 33,550 shares in Goldman Sachs as of March 31.

Hedge fund... (continue reading...)


Morning Bid: As CPI risk clears ... it's lift off! May 15, 2024 05:51PM

By Jamie McGeever

(Reuters) - A look at the day ahead in Asian markets.

It's 'green for go' in Asia on Thursday as stock markets around the world roar to fresh highs, boosted by renewed optimism that the Federal Reserve will soon start cutting U.S. interest rates following benign inflation figures on Wednesday.

The most notable exception is China, where the threat of outright deflation continues to loom large over the... (continue reading...)


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