Category Archives:
Crisis-hit Sri Lanka to present debt restructure plan to IMF by August
By Uditha Jayasinghe COLOMBO (Reuters) -Crisis-hit Sri Lanka will present a debt restructuring plan to the International Monetary Fund by the end of August, in a bid to win approval for a four-year fu...
Jul 05, 2022
BOJ may adjust ultra-loose policy before Kuroda’s term ends – ex-central bank exec
By Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan may adjust its ultra-loose monetary policy before dovish Governor Haruhiko Kuroda's term ends next April, if the economy strengthe...
Jul 05, 2022
Japan’s KDDI: Telecoms networks back up and running after failure
TOKYO (Reuters) - Japanese wireless carrier KDDI Corp said on Tuesday all telecommunications networks have returned to normal after a nationwide system failure. Telecommunication services for both cor...
Jul 05, 2022
Italy service sector growth slows for second month in June -PMI
ROME (Reuters) - Italy's services sector growth slowed for a second month running in June amid high inflation and faltering demand, a survey showed on Tuesday. S&P Global's Purchasing Managers' Index ...
Jul 05, 2022
France’s Spotify rival Deezer loses ground on its stock market debut
PARIS (Reuters) - Shares in French music streaming platform Deezer fell 6% on their Paris market debut on Tuesday. Deezer opened at 8.50 euros, before heading down, trading at 7.99 euros per share by ...
Jul 05, 2022
Evergrande electric vehicle unit to start taking pre-orders
HONG KONG (Reuters) - China Evergrande New Energy Vehicle Group Ltd said on Tuesday it would start taking pre-orders for its first model, a key milestone for the unit of embattled property developer C...
Jul 05, 2022
South Africa business activity expands at faster pace in June -PMI
(Reuters) - South African private sector activity expanded at a faster rate in June, helped by growth in demand and employment, a survey showed on Tuesday. The S&P Global South Africa Purchasing Manag...
Jul 05, 2022
Romanian government plans tax hikes to boost budget
BUCHAREST (Reuters) - Romania's coalition government plans a series of tax rises from next year, including increasing dividend and property taxes, which are expected to boost budget revenue by 13.4 bi...
Jul 05, 2022
Kenya’s private sector activity sinks further in June – PMI
NAIROBI (Reuters) - Kenya's private sector activity contracted in June for the third month in a row, reaching its lowest level since April 2021, due to rising prices and shortages of items used in man...
Jul 05, 2022
Emerging Asian equities post biggest foreign outflows since March 2020
By Gaurav Dogra (Reuters) - Emerging Asian equities ex-China recorded massive outflows in June, as risk assets took a hit due to heightened concerns over a potential recession, with major central bank...
Jul 05, 2022
Peoria, IL, USA
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