By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) -Sri Lanka’s central bank kept interest rates steady on Tuesday and expressed optimism that prices would decelerate sharply in the coming mo[...]
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April 4, 2023
Pakistan raises key rate to record 21% to curb crippling inflation
By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) -Pakistan’s central bank raised its key interest rate to a record 21% on Tuesday as the cash-strapped country bid to curb crippling f[...]
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Euro zone producer prices fall for fifth straight month in Feb
BRUSSELS (Reuters) – Euro zone producer prices fell for a fifth consecutive month and by more than expected in February, almost entirely due to declining energy prices. EU statistics office Euro[...]
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Nearshoring bets boost Mexican real estate, transport shares
By Isabel Woodford MEXICO CITY (Reuters) – Investors optimistic about a potential Mexican nearshoring boom have been scooping up stocks in local real estate, transport companies and banks, analy[...]
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World Bank cuts Pakistan’s GDP f’cast on rising rates, limited fiscal space
NEW DELHI (Reuters) – The World Bank sharply lowered Pakistan’s current year growth forecast, saying the country’s economic growth prospects have weakened due to tighter financial co[...]
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Thailand to continue investment in industrial east as election approaches
BANGKOK (Reuters) – Thailand’s five-year investment of 2.2 trillion baht ($64.31 billion) in its industrial east should not be affected by a change in government after a general election i[...]
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Analysis: Russia’s military production, state splurge ease sanctions pain
By Darya Korsunskaya and Alexander Marrow MOSCOW (Reuters) – Rising military production and huge state spending are keeping Russia’s industry buzzing along, an analysis of recent data show[...]
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China will safeguard yuan and financial stability, central bank governor says
BEIJING (Reuters) – China will safeguard the yuan and financial stability, central bank governor Yi Gang told a financial forum on Tuesday. Yi’s remarks in the wake of the global banking c[...]
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Marketmind: Markets brush off OPEC as factories stall
A look at the day ahead in U.S. and global markets from Mike Dolan Relatively calm world markets have brushed off OPEC’s latest twist and focussed more squarely on stalled global manufacturing a[...]
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