By Ismail Shakil and Fergal Smith OTTAWA (Reuters) -Canada’s imports and exports dropped to one-year lows in March, data showed on Thursday, a sign that global demand is likely slowing after a s[...]
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May 4, 2023
Nigerian lawmakers approve restructure of $52 billion in cenbank loans
By Camillus Eboh ABUJA (Reuters) -Nigeria’s lower house of parliament on Thursday approved a plan to restructure 23.7 trillion naira ($52 billion) in short-term loans due to the central bank to[...]
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Canada’s Ivey PMI shows activity expanding at slower pace in April
TORONTO (Reuters) – Canadian economic activity expanded at a slower pace in April as growth in employment slipped and inventories declined, Ivey Purchasing Managers Index (PMI) data showed on Th[...]
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Central banks stick to rate hikes with eye on market turmoil
LONDON (Reuters) – The U.S. Federal Reserve is close to the end of its interest rate hiking cycle, while the European Central Bank on Thursday slowed the pace of its aggressive tightening. Turmo[...]
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Russian rouble soars to one-month high as oil prices halt slide
By Alexander Marrow (Reuters) -The Russian rouble climbed sharply to a more-than-one-month high on Thursday, gaining for a fifth straight session, as oil prices steadied after a recent slide, somewhat[...]
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Argentina seeks US, Brazil support for faster IMF payouts – gov’t sources
By Bernardo Caram and Nicolás Misculin BRASILIA/BUENOS AIRES (Reuters) – Argentina is seeking new easing of targets in its $44 billion deal with the International Monetary Fund and faster payout[...]
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US trade deficit narrows sharply in March as exports rise
WASHINGTON (Reuters) – The U.S. trade deficit narrowed sharply in March as exports increased, which could position trade to continue contributing to economic growth in the second quarter. The tr[...]
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US productivity drops in first quarter; labor costs jump
WASHINGTON (Reuters) – U.S. worker productivity fell more than expected in the first quarter after growing in the second half of 2022, boosting labor costs, which could see the Federal Reserve k[...]
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ECB to stop reinvesting cash in largest bond scheme
FRANKFURT (Reuters) – The European Central Bank will stop reinvesting cash from maturing bonds bought under its 3.2 trillion Asset Purchase Programme from July, it said on Thursday, taking anoth[...]
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