By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares briefly hit their lowest level in nearly three months on Thursday, with London stocks falling after a bigger-than-expected rate[...]
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June 22, 2023
World Bank lends Tunisia $268 million for power line with Italy
(Corrects acronym of project to ‘ELMED’ in paragraph 3) TUNIS (Reuters) – The World Bank Group has lent Tunisia $268.4 million to finance an electrical interconnection project with I[...]
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Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag
By John McCrank NEW YORK (Reuters) – Nasdaq’s eye-popping $10.5 billion bet on the little known financial software company Adenza will help the exchange operator vastly expand the market f[...]
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US existing home sales edge up but prices drop by most since 2011
(Reuters) – U.S. existing home sales ticked higher in May to snap a two-month skid with condominium sales accounting for the modest gain, and selling prices nationally fell from a year earlier b[...]
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Fed’s Bowman says more rate increases needed
By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve Gov. Michelle Bowman said Thursday that “additional policy rate increases” will be needed to control inflation she fee[...]
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Mexican inflation slows more than expected ahead of rate decision
(Reuters) -Mexico’s annual inflation hit its lowest in more than two years ahead of a monetary policy decision on Thursday that is expected to leave interest rates at a cycle high as the consume[...]
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IMF has hit $100 billion target of SDRs for vulnerable countries – Georgieva
PARIS (Reuters) – The International Monetary Fund has reached its target of making $100 billion in special drawing rights available for vulnerable countries, Managing Director Kristalina Georgie[...]
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Big central banks are still hiking rates but eye the end
LONDON (Reuters) – Inflation is cooling, meaning major central banks can start to think about ending interest rate hikes even if most are not there just yet. The Bank of England, an outlier in s[...]
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Investors keep bets on U.S. rates soon topping out, despite Powell’s hawkishness
By Davide Barbuscia NEW YORK (Reuters) -A hawkish tilt from Federal Reserve Chair Jerome Powell hasn’t been enough to convince some investors that the central bank is unlikely to hold U.S. inter[...]
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