Category Archives:
Goldman Sachs expects “significant” decline in U.S. inflation in 2023
(Reuters) - Goldman Sachs said it expects a "significant" decline in U.S. inflation next year due to easing in supply chain constraints, a peak in shelter inflation and slower wage growth. The U.S. le...
Nov 14, 2022
China further extends loan repayment for small firms hit by COVID
BEIJING (Reuters) -China will extend loan repayment dates for small firms hit by COVID-19 and encourage financing institutions with government guarantees to continue offering credit support to those f...
Nov 14, 2022
Russian rouble firms near 60 vs dollar as tax period nears
(Reuters) - The Russian rouble was trading higher on Monday, holding close to last week's level of 60 against the U.S. dollar as domestic exporters prepared to buy roubles ahead of a new tax period. T...
Nov 14, 2022
Saudi wealth fund, BlackRock to jointly explore Mideast infrastructure projects
DUBAI (Reuters) - Saudi Arabia's sovereign wealth fund and BlackRock have signed an agreement to jointly explore infrastructure projects in the Middle East, focused on Saudi Arabia. The Public Investm...
Nov 14, 2022
Equinor starts production at Norwegian floating wind farm
OSLO (Reuters) - The Hywind Tampen floating offshore wind farm off the west coast of Norway, which will supply power to oil and gas fields and cut their emissions, started producing its first power on...
Nov 14, 2022
Sri Lanka announces 2023 budget aimed at clinching IMF deal
COLOMBO (Reuters) - The crisis-hit Sri Lankan economy can turnaround by end of 2023 if budget policies which are not limited to the International Monetary Fund's recommendations are followed, Presiden...
Nov 14, 2022
China seen leaving medium-term policy rate unchanged, fully roll over maturing loans
SHANGHAI (Reuters) - China's central bank is likely to fully roll over maturing medium-term policy loans while keeping the borrowing cost unchanged for the third straight month this week, a Reuters su...
Nov 14, 2022
Crypto.com says balance sheet strong, exchange not in trouble
By Ankur Banerjee and Vidya Ranganathan SINGAPORE (Reuters) - Singapore-based crypto exchange Crypto.com's chief executive said the firm will prove all naysayers wrong on the platform being in trouble...
Nov 14, 2022
European shares open higher on boost from miners
(Reuters) - European shares edged higher on Monday, as miners rose on China demand hopes, while caution prevailed after a top Federal Reserve policymaker warned that the U.S. central bank would not "s...
Nov 14, 2022
Czech wage growth below 5% needed to tame inflation, central bank governor says
PRAGUE (Reuters) - Czech central bank Governor Ales Michl said on Monday the state budget deficit needed to shrink and nominal wages should not rise too quickly next year, as the bank seeks to rein in...
Nov 14, 2022
Peoria, IL, USA
52 °F Overcast
