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CEE MARKETS-Zloty hit by Swiss franc mortgage ruling

The Polish zloty continued to weaken on Friday after a Polish Supreme Court verdict that investors fear raises the risk that Swiss franc mortgage loans will be converted into the local currency on terms unfavourable to banks. Other regional currencies gained, with Hungary's forint and Romania's leu rebounding after hitting new record lows against the euro this week. The Czech crown pushed higher after a slight upward revision in third-quarter growth data i

[ reuters.com ] companyNews,

Trio wins economics Nobel for fighting poverty

U.S.-based economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize on Monday for work in fighting global poverty that has helped millions of children by favouring practical steps over theory.

[ reuters.com ] scienceNews,

Toronto head coach ready to forge new path to title

The Toronto Raptors may not be favoured by many to defend their NBA title after losing star Kawhi Leonard to the Los Angeles Clippers, but head coach Nick Nurse said predictions didn't matter and his team would forge a new path to the championship.

[ reuters.com ] sportsNews,
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