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Japan’s ex-FX diplomat: No need for intervention to back yen
By Tetsushi Kajimoto and Takaya Yamaguchi TOKYO (Reuters) - Japan need not intervene in the exchange-rate market to stem yen falls, as such a move would be ineffective in countering broad dollar gains...
Syndicated Content Sep 07, 2022
Vietnam central bank lifts cap on credit growth for some banks
HANOI (Reuters) - The State Bank of Vietnam (SBV) said on Wednesday it has raised caps on credit growth for some banks this year, based on their latest operational results, market developments and pro...
Syndicated Content Sep 07, 2022
China to name Zhang Qingsong as vice governor of central bank -Caixin
(This Aug 24 story corrects spelling of Export-Import Bank of China in fourth paragraph) BEIJING (Reuters) - China is set to name Zhang Qingsong as a vice governor of the central bank, financial magaz...
Syndicated Content Sep 07, 2022
Thai central bank to hike rates gradually to contain inflation – chief
By Orathai Sriring and Satawasin Staporncharnchai BANGKOK (Reuters) - Thailand's central bank will raise interest rates gradually to curb inflation and ensure a smooth recovery as the economy is expec...
Syndicated Content Sep 07, 2022
Sri Lanka says U.S. will support its debt restructuring effort
COLOMBO (Reuters) - The United States will support the restructuring of Sri Lanka's debt and extend financing assurances, the media office of the crisis-hit island nation's president said on Wednesday...
Syndicated Content Sep 07, 2022
Indonesia raises fares for app-based motorbike transport after fuel price hike
JAKARTA (Reuters) - Indonesia's Transport Ministry has raised fares for app-based motorbike transport services to account for the recent fuel price hike, senior official Hendro Sugiatno said on Wednes...
Syndicated Content Sep 07, 2022
Water recedes in parts of India’s Bengaluru, residents venture out
By Nandan Mandayam BENGALURU (Reuters) - Flood waters receded on Wednesday in India's technology hub of Bengaluru, allowing normal life to resume in parts of the city after two days of incessant rain ...
Syndicated Content Sep 07, 2022
Fed’s Barkin warns rates must stay high until inflation eases- FT
(Reuters) - The U.S. Federal Reserve must lift interest rates to a level that restrains economic activity and keep them there until policymakers are "convinced" that inflation is subsiding, Richmond F...
Syndicated Content Sep 07, 2022
EU, China trade barbs over failed G20 climate talks
By Kate Abnett and David Stanway BRUSSELS (Reuters) - The European Union and China are questioning each other's commitment to fighting climate change, following the failure of climate talks by the Gro...
Syndicated Content Sep 07, 2022
Bank of Canada seen set for another jumbo hike in inflation fight
By Julie Gordon OTTAWA (Reuters) - The Bank of Canada is widely expected to announce another supersized interest rate increase on Wednesday as it battles to curb inflation at a near-four-decade high, ...
Syndicated Content Sep 07, 2022
Peoria, IL, USA
63 °F Rain, Mist
