By Dan Burns (Reuters) – U.S. household wealth climbed to the highest in a year in the first three months of 2023, led by the stock market’s recovery from last year’s bear market and[...]
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June 8, 2023
Dollar dips as jobless claims increase
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Thursday after data showed that U.S. jobless claims rose more than expected in the latest week, though the market was generally viewed a[...]
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French central bank expects 0.1% second-quarter growth
PARIS (Reuters) – The French economy is on course to eke out meagre growth in the second quarter as industrial and service activity picks up, the central bank said on Thursday in its monthly bus[...]
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New World Bank chief to kick off global tour with Peru, Jamaica stops
By David Lawder WASHINGTON (Reuters) – The World Bank Group’s new president, Ajay Banga, will visit Peru and Jamaica next week, kicking off a months-long global tour aimed at accelerating[...]
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European shares steady as rate jitters weigh, firm pound drags FTSE 100 down
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares were subdued on Thursday as rate-sensitive technology shares and consumer staples slipped on expectations of further interest ra[...]
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IMF urges Fed, central banks to keep tightening to reduce inflation
WASHINGTON (Reuters) – The International Monetary Fund on Thursday urged the U.S. Federal Reserve and other global central banks to “stay the course” on monetary policy and remain vi[...]
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Pakistan needs convincing budget for any chance of more funds – IMF official
By Ariba Shahid KARACHI, Pakistan (Reuters) -Pakistan has to satisfy the IMF on three counts, starting with a budget due on Friday, before its board reviews whether to release at least some of the $2.[...]
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Turkish lira stabilises after heavy selloff
By Nevzat Devranoglu and Ali Kucukgocmen ISTANBUL (Reuters) -A sharp selloff in Turkey’s lira slowed on Thursday, when it slipped only 0.8% compared with a 7.2% plunge the day before, as traders[...]
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Angolan president fires economic coordination minister amid fuel protests
LUANDA (Reuters) – Angolan President Joao Lourenco has fired the country’s economic coordination minister and replaced him with the central bank governor in the wake of deadly protests ove[...]
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