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BOJ may need to adjust yield cap if inflation overshoots – ex central bank official
By Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan (BOJ) may need to adjust its ultra-easy policy if inflation keeps exceeding its forecast, such as by replacing its yield cap with ...
Syndicated Content Jun 29, 2022
UK economy faces double threat of inflation surge, recession risk
By William Schomberg and Andy Bruce LONDON (Reuters) - Britain's economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the B...
Syndicated Content Jun 29, 2022
S&P upgrades Chinese developer Greenland days after cutting to ‘selective default’
HONG KONG (Reuters) - S&P Global Ratings raised Greenland Holdings Corp Ltd by one notch to "CCC" on Wednesday, after the Chinese state-backed property developer completed a one-year maturity extensio...
Syndicated Content Jun 29, 2022
European stocks lose ground after three-day rally on recession fears
(Reuters) - European shares fell on Wednesday, as fears about a global recession overshadowed recent optimism about China reopening, with investors looking ahead to a meeting of major central bank hea...
Syndicated Content Jun 29, 2022
French Finance Minister: energy and transport firms must do more to ease inflation pain
PARIS (Reuters) - French Finance Minister Bruno Le Maire said companies in the energy and transport sectors should do more to return a part of their profits to help customers cope with inflation. "A s...
Syndicated Content Jun 29, 2022
Czech firm PPF aims to exit China, wants partners for Europe acquisitions
PRAGUE (Reuters) - Czech investment group PPF, controlled by the wife of billionaire founder Petr Kellner who died last year, aims to divest its once flagship consumer lending business in China and fo...
Syndicated Content Jun 29, 2022
Spain’s June annual inflation rate surpasses 10% the first time since 1985
(Reuters) - Spanish 12-month inflation rose to 10.2% in June, the first time it surpassed 10% since April 1985, up from 8.7% the previous month, preliminary data from the National Statistics Institute...
Syndicated Content Jun 29, 2022
Marketmind: When bad data is just that
A look at the day ahead in markets from Julien Ponthus. Much of the market rebound from the lows hit on June 17 was credited to data being arguably bad enough to encourage central banks to go easy on ...
Syndicated Content Jun 29, 2022
Taiwan central bank says it is working on digital currency, unclear on timetable
TAIPEI (Reuters) - Taiwan's central bank is still working on its digital currency and while it's unclear when the scheme could roll out to the public it will push ahead with it, governor Yang Chin-lon...
Syndicated Content Jun 29, 2022

Meteorologist gets Democratic nomination for seat in Congress, and other Democrat wins
PEORIA, Ill. – In a sense, a Democrat made history during Tuesday’s primary election in Illinois. Former TV meteorologist in the Quad Cities and Rockford, Eric Sorensen, secured the Democr...
Will Stevenson Jun 29, 2022
Thu May 14
Peoria, IL, USA
Sunny
