LIMA (Reuters) – Peru’s central bank increased its benchmark interest rate 25 basis points to 7.5% on Wednesday, the 17th consecutive hike as monetary policymakers in the copper-producing[...]
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December 7, 2022
S&P, Nasdaq extend losing streaks amid rising recession worries
By David French (Reuters) – The S&P 500 and Nasdaq closed down on Wednesday after a choppy session on Wall Street, as investors struggled to grasp a clear direction as they weighed how the F[...]
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Analysis-Peru markets take in political drama as investors focus on fundamentals
By Rodrigo Campos NEW YORK (Reuters) – On a day of high drama for Peruvian politics that saw the president threaten to dissolve Congress before himself being ousted, the Andean country’s f[...]
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Colombia awards infrastructure project worth $674.5 million to Spain’s Sacyr
BOGOTA (Reuters) – Colombia’s government on Wednesday awarded a project worth 3.25 trillion pesos ($674.5 million) to Spanish engineering firm Sacyr for reconstructing and maintaining the[...]
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Brazil central bank holds rates, flags Lula fiscal worries
By Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank on Wednesday kept interest rates at 13.75% for the third consecutive policy decision, highlighting fiscal uncertainties arising from a[...]
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Stocks, bond yields dip as U.S. data muddies Fed rates outlook
By Herbert Lash and Danilo Masoni NEW YORK/MILAN (Reuters) -World stocks slid further and Treasury yields dipped on Wednesday as U.S. worker productivity data beat forecasts but extended a weak trend,[...]
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Saudi Arabia expects narrower 2023 surplus as uncertainty clouds oil outlook
By Rachna Uppal, Aziz El Yaakoubi and Yousef Saba RIYADH (Reuters) -Saudi Arabia expects to post a second consecutive budget surplus in 2023, though down 84% from this year as an uncertain global econ[...]
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Marketmind: Glass half empty
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Santa rally is turning into the Grinch’s revenge. U.S. and global recession fears continue t[...]
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Australian minister urges greater U.S. economic engagement with Indo-Pacific
WASHINGTON (Reuters) – Australia’s Foreign Minister on Wednesday praised Washington’s commitment to Indo-Pacific security but said its departure from a regional trade pact was still[...]
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