ABUJA (Reuters) – Nigeria’s Senate amended a law on Saturday to allow the federal government to borrow more money from the central bank, just days before incoming President Bola Tinubu tak[...]
Read more
May 27, 2023
China’s Wuhan finance regulator urges hundreds of firms to repay debt, local media report
BEIJING (Reuters) – The financial regulator of China’s Wuhan city publicly exposed 259 firms with debt to the government and urged them to immediately pay up, local media reported on Satur[...]
Read more
Biden sounds hopeful on debt ceiling, Treasury warns of June 5 default
By Steve Holland, Moira Warburton and Rami Ayyub WASHINGTON (Reuters) -Democratic President Joe Biden and a Republican negotiator said on Friday they were working on a deal to raise the U.S. governmen[...]
Read more
Poland to raise minimum wage twice in 2024, minister says
WARSAW (Reuters) – Poland plans to raise the minimum wage twice in 2024 to help people cope with high inflation, Family and Social Policy Minister Marlena Malag said, as the ruling Law and Justi[...]
Read more
Economic development in Asia still faces many challenges, China minister says
BEIJING (Reuters) – Economic and trade development in the Asia-Pacific still faces many disturbances and challenges, China’s commerce minister Wang Wentao said. Wang made the comments at t[...]
Read more
Exclusive-IMF, others should give $100 billion climate FX guarantee – document
By Simon Jessop and Marc Jones LONDON (Reuters) -A top-level meeting in Paris next month will lay out a $100 billion plan to drive more money into climate and development finance in poorer countries b[...]
Read more