By Wayne Cole SYDNEY (Reuters) -Australian shoppers spent big in November as Black Friday sales and online specials spurred demand for clothes, electronics and furniture, a sign consumption was provin[...]
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January 11, 2023
Marketmind: Risk on, risk off
A look at the day ahead in European and global markets from Anshuman Daga Asian equity markets are flirting with six-month highs, powered by risk-on sentiment and hopes of a rebound in Chinese growth[...]
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World Bank sees India growth slowing to 6.6% in FY24
MUMBAI (Reuters) – India’s economic growth will slow to 6.6% in the next fiscal year from an expected 6.9% in the current year, the World Bank said in its latest economic update. “Th[...]
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Ecuador lowers taxes on capital sent abroad, guns
QUITO (Reuters) – Ecuador will lower taxes on capital sent abroad and items like alcohol and trim overall value-added tax on specific shopping days this year, President Guillermo Lasso said on T[...]
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China central bank steps up short-term liquidity injection ahead of long holiday
SHANGHAI (Reuters) – China’s central bank ramped up a liquidity injection on Wednesday, offering fresh funds to the banking system for the first time this year to help meet seasonal cash d[...]
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Australian CPI inflation rebounds to annual 7.3% in Nov
SYDNEY (Reuters) – Australian inflation re-accelerated in November as strong demand drove holiday costs higher and flooding pushed up vegetable prices, a sign inflationary pressures had yet to p[...]
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Foreign capital returned to Mexico last year, bucking earlier outflows
By Noe Torres MEXICO CITY (Reuters) – After two years of record outflows of foreign capital, Mexico’s economy bounced back in 2022 in large part due to attractive yields compared to other[...]
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Bank of Korea set to finish tightening on Jan. 13 with 25 bps move: Reuters Poll
By Devayani Sathyan BENGALURU (Reuters) – The Bank of Korea will raise interest rates by another quarter percentage point on Friday, likely its last move in an aggressive tightening cycle aimed[...]
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