(Reuters) – The average interest rate on the most popular U.S. home loan rose last week to its highest since November as bond markets took fright that the Federal Reserve might have to continue[...]
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February 22, 2023
UK pay settlements hit 6%, highest since 1991: XpertHR
By Suban Abdulla LONDON (Reuters) – British employers offered the biggest annual pay rises in 32 years during the three months to the end of January, but these increases are still a long way beh[...]
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China lends Pakistan further $700 million to shore up FX reserves
By Asif Shahzad ISLAMABAD (Reuters) -Pakistan will this week receive a new $700 million loan from China to help shore up its foreign exchange reserves, the South Asian country’s finance minister[...]
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Marketmind: Hang on a minute
A look at the day ahead in U.S. and global markets from Mike Dolan Only seven weeks into the new year and many of the year’s favoured investments look spent already – or at least they requ[...]
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New year rally in European stocks to run out of steam: Reuters Poll
By Lucy Raitano and Samuel Indyk London (Reuters) – Potential downward earnings revisions and uncertainty over the outlook for monetary policy are leading analysts and strategists to take a caut[...]
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White House to roll out plan to lower first-time home buyers’ mortgage costs
(Reuters) – The White House on Wednesday will unveil a plan to reduce mortgage insurance fees charged to first-time home buyers, helping an estimated 850,000 borrowers save about $800 a year on[...]
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Hong Kong hands out cash, cuts duties in budget despite larger deficit
By Clare Jim and Donny Kwok HONG KONG (Reuters) – Hong Kong is set for back-to-back deficits but will give cash handouts and offer some help to first-time home buyers to help the economy recover[...]
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Taiwan revises down 2023 GDP growth forecast on export slump
TAIPEI (Reuters) -Taiwan’s economy is likely to grow more slowly this year than previously forecast, the statistics office said on Wednesday, while also slashing the island’s export outloo[...]
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German inflation remains high at start of year
By Maria Martinez BERLIN (Reuters) -Germany’s inflation rate showed no signs of easing at the start of the year, as energy and food price pressures remained high due to the war in Ukraine. Germa[...]
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