LONDON (Reuters) – Pay awards by British employers remained the highest in more than 30 years in the three months to May, keeping pressure on the Bank of England which looks set to raise interes[...]
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June 20, 2023
Japan big manufacturers’ sentiment positive for 3rd consecutive month -Reuters tankan poll
By Tetsushi Kajimoto TOKYO (Reuters) – Business morale at big Japanese manufacturers edged up in June, staying in positive territory for a second straight month and reflecting a post-COVID econo[...]
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Analysis-China moves to shut a lifeline for cash-strapped local governments
By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Pressure is mounting on China’s cash-strapped local governments as authorities move to shut a private funding route for their[...]
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Colombia will export fossil fuels for a long time -finance minister
By Rodrigo Campos and Nelson Bocanegra NEW YORK (Reuters) – Colombia will continue to extract fossil fuels for “much longer” until it has other exports to replace that revenue, while[...]
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IMF sees Zambia agreement with official creditors ‘within a few days’
NEW YORK (Reuters) – The International Monetary Fund is encouraged by the progress in discussions between Zambia and its official creditors, and an agreement could be reached “within a few[...]
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Marketmind: Markets lose steam, central banks not helping
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A deepening sense of caution descends over Asian markets as the trading w[...]
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Fed nominees say their focus is on beating inflation
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – Two Federal Reserve policymakers and an economist nominated to join them on the Fed’s Washington-based board on Tuesday said their[...]
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South Korea producer inflation slowest in almost 2-1/2 years
SEOUL (Reuters) – South Korea’s producer inflation slowed in May to its weakest pace in nearly 2-1/2 years, central bank data showed on Wednesday, due mostly to weaker oil prices. The prod[...]
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Stocks fall, U.S. dollar up ahead of Powell testimony
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell and the dollar index inched up on Tuesday as investors weighed the U.S. interest rate outlook ahead of Federal Reserve Cha[...]
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