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Hong Kong GDP to grow 3.5%-5.5% in 2023 – financial sec
HONG KONG (Reuters) - Hong Kong's economy is expected to grow 3.5%-5.5% this year after shrinking 3.5% in 2022, as it leaves behind COVID-19 restrictions that had isolated the city from the rest of th...
Syndicated Content Feb 21, 2023
Oil steadies as investors await U.S. Fed Reserve comments
By Shariq Khan (Reuters) - Oil prices were steady on Wednesday as investors await the U.S. Federal Reserve's comments after recent data pointed to the possibility of more interest rates hikes, which m...
Syndicated Content Feb 21, 2023
BOJ board member calls for keeping ultra-easy policy for now
By Leika Kihara TOKYO (Reuters) -The Bank of Japan (BOJ) must maintain its ultra-loose monetary policy for now to allow time to see whether the recent rise in inflation will be accompanied by higher w...
Syndicated Content Feb 21, 2023
Georgia grand jury probe of Trump bid to overturn vote recommended charges – media
WASHINGTON (Reuters) - The foreperson of a Georgia grand jury that investigated former U.S. President Donald Trump's attempts to overturn his 2020 election defeat in the state told media on Tuesday th...
Syndicated Content Feb 21, 2023
Asia equities fall on fear of hawkish central bank hikes
By Selena Li HONG KONG (Reuters) - Asian share markets followed Wall Street into the red on Wednesday as surprising strength in global surveys of services stoked fears that central banks would have to...
Syndicated Content Feb 21, 2023
Analysis-Indonesia’s renewed dalliance with global bond investors may be brief
By Ankur Banerjee and Patturaja Murugaboopathy SINGAPORE (Reuters) - A sudden surge of foreign interest in Indonesian bonds may be reaching a peak, as investors see local interest rates holding steady...
Syndicated Content Feb 21, 2023
Sticky inflation to nudge Reserve Bank of India to hike rates once more – Reuters poll
By Madhumita Gokhale and Sujith Pai BENGALURU (Reuters) - The Reserve Bank of India will increase its main interest rate by 25 basis points to 6.75% in April and then pause until the end of 2023, acco...
Syndicated Content Feb 21, 2023
Japan’s modest business services price rise highlights dilemma for central bank
TOKYO (Reuters) - Japan's business-to-business services prices rose 1.6% in January from a year earlier, much slower than a 9.5% jump in wholesale goods prices, a sign the recent pick-up in inflation ...
Syndicated Content Feb 21, 2023
Spice maker McCormick sees ‘pushback’ from retailers on price increases -CEO
By Jessica DiNapoli BOCA RATON, Fla (Reuters) - McCormick & Company Inc is looking to hike prices on its spices and hot sauces at retailers like Walmart Inc and Kroger Co but is getting "pushback" on ...
Syndicated Content Feb 21, 2023
NZ central bank hikes rates by 50bps, as expected, flags more to come
WELLINGTON (Reuters) - New Zealand's central bank raised interest rates by 50 basis points to a more than 14-year high of 4.75% on Wednesday, and said it expects to keep tightening further to ensure i...
Syndicated Content Feb 21, 2023
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