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Emerging economies face China and rate pressures as IMF, World Bank meet
By Jorgelina do Rosario and Rachel Savage LONDON (Reuters) - Emerging economies are facing headwinds from all sides, with a recent selloff in U.S. Treasuries and China's slowing economy adding layers ...
Syndicated Content Oct 06, 2023
Global economy’s glide to ‘soft landing’ gets bumpy as bond yields jump
By Howard Schneider WASHINGTON (Reuters) - Rocketing U.S. government bond yields that have led to a global jump in borrowing costs are raising new risks for economic policymakers hoping to lower infla...
Syndicated Content Oct 06, 2023
Driest September on record worsens Australia’s rain shortfall
CANBERRA (Reuters) - Australia's weather bureau said on Friday that areas of severe rainfall deficiency had expanded after the driest September on record, putting farm production in one of the world's...
Syndicated Content Oct 05, 2023
At least 40 killed after glacial lake flooding in Indian Himalayas – officials
KOLKATA (Reuters) - At least 40 people were killed after a glacial lake burst its banks and triggered flash floods this week in the Indian Himalayas, government officials told Reuters on Friday. (Repo...
Syndicated Content Oct 05, 2023
India central bank keeps key rate steady; liquidity measures in focus
MUMBAI (Reuters) - The Reserve Bank of India's key lending rate was held steady at a fourth consecutive policy meeting on Friday, as widely expected, with investors more focused on the regulator's liq...
Syndicated Content Oct 05, 2023
Marketmind: A welcome calm, but keep your umbrella handy
A look at the day ahead in European and global markets from Kevin Buckland Some welcome calm in markets on Friday, but the worry is that it precedes a storm: U.S. payrolls data looms large at a time w...
Syndicated Content Oct 05, 2023
Trump says he is endorsing Jim Jordan to be House speaker
(Reuters) - Former U.S. President Donald Trump said on Friday he is endorsing Jim Jordan to replace ousted U.S. House Speaker Kevin McCarthy. "He (Jordan) is STRONG on Crime, Borders, our Military/Vet...
Syndicated Content Oct 05, 2023
Many factors to consider if FX moves are ‘excessive’ -Japan Finance Minister
TOKYO (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Friday there were many factors to consider in determining whether moves in the foreign exchange market were "excessive", adding that...
Syndicated Content Oct 05, 2023
EU leaders to debate economic security amid global tensions
GRANADA, Spain (Reuters) - European Union leaders will debate on Friday how their bloc can strengthen its competitiveness, be at the forefront of new green and digital technologies and reduce its reli...
Syndicated Content Oct 05, 2023
Further policy tightening could hurt Philippine consumers – economics minister
MANILA (Reuters) - The Philippines economics minister on Friday cautioned against further central bank interest rate hikes that he said could hurt consumers already reeling from high inflation. "If I ...
Syndicated Content Oct 05, 2023
Peoria, IL, USA
43 °F Mist
