Category Archives:
ECB’s Lane says wages keeping up domestic inflation
FRANKFURT (Reuters) - Rising wages in the euro zone are keeping up domestic inflation in the euro area but salary growth should moderate in the coming months, European Central Bank chief economist Phi...
Oct 03, 2023
Indonesia central bank intervenes to defend rupiah, open to buying bonds
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) - Indonesia's central bank has intervened in the foreign exchange market to manage the supply and demand of U.S. dollars amid market turbulenc...
Oct 03, 2023
World Bank maintains India current fiscal year growth forecast at 6.3%
NEW DELHI (Reuters) - The World Bank on Tuesday maintained its forecast for India's economic growth for the current fiscal year that started on April 1, saying the South Asian economy continued to gro...
Oct 03, 2023
Taiwan braces for typhoon Koinu, torrential rain expected
TAIPEI (Reuters) - Taiwan issued a land warning on Tuesday ahead of the arrival of Typhoon Koinu which is expected to bring heavy rain and winds to large parts of the island's south and east. Koinu, n...
Oct 03, 2023
Sri Lankan economy to see growth next year after 3.8% contraction, says World Bank
COLOMBO (Reuters) - Sri Lanka's economy is expected to perform better than previously expected but still see a significant contraction in 2023 before growing in 2024, World Bank projections for the cr...
Oct 03, 2023
Ryanair traffic grows 9% in September to 17.4 million
DUBLIN (Reuters) - Ryanair flew 9% more passengers in September than in the same month last year, Europe's largest airline by passenger numbers said on Tuesday. The Irish airline said it flew 17.4 mil...
Oct 03, 2023
AstraZeneca to pay $425 million to settle Nexium, Prilosec litigation in US
(Reuters) -British drugmaker AstraZeneca on Tuesday said it will pay $425 million to settle product liability litigations against prescription-only acid-reflux medicine Nexium and heartburn drug Prilo...
Oct 03, 2023
Hungarian govt wants banks cap loan rates below central bank’s benchmark rate
BUDAPEST (Reuters) - Hungary's government has asked banks to impose a voluntary cap on interest rates on new loans for households and companies from Oct. 9 to boost lending and support economic recove...
Oct 03, 2023
Cryptoverse: ‘It’s a knife fight’ as traders get tokenized
By Medha Singh and Lisa Pauline Mattackal (Reuters) - Bitcoin? It's a bit old hat, say a cohort of crypto investors who are betting on blockchain technology breathing new life into traditional assets....
Oct 03, 2023
Hedge funds see Mexico and Ecuador as China alternatives
By Nell Mackenzie, Carolina Mandl and Marc Jones LONDON (Reuters) - Geopolitical tensions and a weakening economy are driving hedge funds to consider alternatives to investing in China. Turmoil in Chi...
Oct 03, 2023
Peoria, IL, USA
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