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  • GlobeNewswire

    Sampo Group’s annual reporting for 2023

    SAMPO PLC ANNUAL FINANCIAL REPORT 19 March 2024 at 9:30 am Sampo Group’s annual reporting for 2023 Sampo has published its annual reporting documents for 2023 at www.sampo.com/year2023. The following reviews and reports are now available: Board of Directors’ Report and Financial Statements Group CEO’s Review by Torbjörn MagnussonRisk Management Report Corporate Governance Statement Remuneration Report for Governing BodiesAnnual Reports and Sustainability Reports of Sampo plc’s subsidiaries If P&

  • GlobeNewswire

    Europe Bitumen Modifier Industry Valuation to Reach US$ 2,276.7 Million by 2034 Amid Rapid Infrastructural Development in the Region | Future Market Insights, Inc.

    The United Kingdom bitumen modifier industry value is projected to total US$ 269.4 million by 2034. Over the projected period, sales of bitumen modifiers in the United Kingdom are set to rise at 4.2% CAGR. The United Kingdom's stringent regulations on road safety and environmental standards drive the demand for advanced bitumen modifiers.NEWARK, Del, March 19, 2024 (GLOBE NEWSWIRE) -- The Europe bitumen modifier industry value is forecast to increase from US$ 1,459.2 million in 2024 to US$ 2,276

  • Reuters Videos

    Japan ends negative interest rates after eight years

    STORY: Japan's central bank ended eight years of negative interest rates on Tuesday, ringing in a new era of monetary policy in the country.It's the first rate hike in 17 years...But the Bank of Japan is keeping rates around zero, moving cautiously amid the country's fragile economic recovery.Japan is aiming to shift away from a focus on reflating growth with decades of massive monetary stimulus, so the decision was widely expected.Tokyo's central bank is the last in the world to exit negative rates, ending a time where global policymakers used cheap money and unconventional monetary tools to try to prop up growth.The BOJ on Tuesday also scrapped a policy aimed at capping long-term interest rates around zero, known as yield curve control.Though the bank said it will keep buying "broadly the same amount" of government bonds as before and ramp up purchases, in case yields rise rapidly.A spike in bond yields would make funding Japan's huge public debt more expensive.The country's public debt is already twice the size of its GDP and the largest among advanced economies.Analysts say Tuesday's announcement will have a very small actual impact on the economy. The central bank is expected to keep monetary conditions loose.And no major hike in household mortgage rates or funding costs are expected. But an end to the world's last remaining provider of cheap funds could jolt global financial markets.After amassing overseas investments in search of yields, Japanese investors may now look to shift money back to their home country.