By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) – Japan’s lower house of parliament on Thursday approved the government’s nominees for next central bank governor and deputy go[...]
Read moreMarch 9, 2023
Fintech firms may struggle to find investor love in rebounding U.S. IPO market
By Manya Saini (Reuters) – The once high-flying fintech startups looking to go public will have a hard time attracting investor attention, even though a freeze that has gripped the market for ne[...]
Read moreBank of Korea expects monetary tightening to weigh more heavily on growth this year
SEOUL (Reuters) – South Korea’s central bank said the lagged effects of its aggressive streak of monetary tightening would have a bigger negative impact on economic growth this year than i[...]
Read moreChina paves Sri Lanka’s way to IMF funds, but debt talks remain uncertain
By Jorgelina do Rosario LONDON (Reuters) -China’s pledge to support Sri Lanka’s debt reorganization, a major step for the island nation in securing an IMF lifeline, provides little clarity[...]
Read moreAnalysis-Biden’s focus on deficit in budget is targeted at Republicans
By Trevor Hunnicutt WASHINGTON (Reuters) -When U.S. President Joe Biden rolls out his budget plans at a Philadelphia union hall on Thursday, he will highlight something that merited little mention dur[...]
Read moreUS House gets update on nation’s $31 trillion debt ahead of Biden budget proposal
By David Morgan WASHINGTON (Reuters) – U.S. House Republicans and Democrats showed no sign of surrendering their partisan positions after a briefing on the nation’s $31 trillion debt on We[...]
Read moreS&P 500 barely gains as investors eye upcoming jobs data, rate hikes
By Sinéad Carew and Shristi Achar A (Reuters) – The S&P 500 index closed slightly higher while the Dow dipped on Wednesday as investors grappled with mixed messages from Federal Reserve Chai[...]
Read moreFed still up in the air on whether to accelerate rate hikes, Powell says
By Howard Schneider and Lindsay Dunsmuir WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasi[...]
Read more