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-- 2022-07-18 16:41:08
The New Zealand dollar got a rare rally on Monday after an alarmingly high reading on inflation stoked speculation of more aggressive rate hikes, pushing up bond yields and its Australian cousin. The...
-- 2022-07-17 17:09:32
China's monetary policy has ample room and sufficient tools, including further cutting banks' reserve requirements, to cope with new challenges amid a shaky economic recovery, says Reuters citing a co...
-- 2022-07-17 16:02:49
A record number of developing nations are now in trouble as they show traditional debt crisis signs of crashing currencies, 1,000 basis point bonds spread and burned FX reserves point. Lebanon, Sri L...
REUTERS 2022-07-17 13:14:10
Pakistan is likely to get $4 billion from friendly countries this month to bridge a gap in foreign reserves highlighted by the International Monetary Fund, the country's finance minister said, two d...
-- 2022-07-16 20:23:59
Saudi Arabia's Crown Prince Mohammed bin Salman said on Saturday more investment was needed in fossil fuel and clean energy technologies to meet global demand, and those unrealistic emission policies...
-- 2022-07-16 17:35:31
The Group of 20 major economies' finance chiefs reached what one called a "strong consensus" on issues including global food security at a two-day meeting in Indonesia but remained divided over Russia...
-- 2022-07-15 17:32:00
China's economic growth slowed sharply in the second quarter, highlighting the colossal toll on activity from widespread COVID lockdowns and pointing to persistent pressure over coming months from a d...
BBC 2022-07-15 12:02:40
China's economy contracted sharply in the second quarter of this year as widespread coronavirus lockdowns hit businesses and consumers. Gross domestic product (GDP) fell by 2.6 per cent i...
FE ONLINE REPORT 2022-07-15 11:36:34
Asian Development Bank (ADB) and Singapore have signed an agreement to promote investment and innovation across Asia and the Pacific. ADB President Masatsugu Asakawa and Singapore Deputy Prime Minist...
-- 2022-07-13 20:34:28
US consumer prices accelerated in June as gasoline and food costs remained elevated, resulting in the largest annual increase in inflation in more than 40 years and cementing the case for the Federal...
-- 2022-07-13 19:26:41
The euro's tumble to parity against the dollar has pushed the European Central Bank back against a wall, leaving its policymakers with only painful and economically costly choices. Letting the curren...
-- 2022-07-13 14:27:19
South Korea's central bank raised its policy interest rate by an unprecedented half point on Wednesday, aiming to pull inflation from 24-year highs while balancing fear of a sharp economic downturn as...
REUTERS 2022-07-12 15:15:44
Hong Kong needs to allow financial sector workers to travel freely in order to maintain its global investment and banking hub status, an industry report has said, as the city is one of the world&rsquo...
-- 2022-07-12 12:30:00
Asian shares fell on Tuesday, weighed down by the prospect of further monetary policy tightening by central banks, China's renewed COVID outbreak and Europe’s energy shortage, which also left...
-- 2022-07-11 15:26:11
SHANGHAI, July 11 (Reuters): China's automobile industry association downgraded its 2022 sales forecast on Monday as anti-pandemic measures weighed on the economy and its car market, the world's large...
-- 2022-07-11 13:48:50
TOKYO: Asian shares were mostly lower on Monday, although Japan’s benchmark rallied, welcoming a landslide parliamentary election victory by the ruling Liberal Democratic Party. Concerns about...
-- 2022-07-11 10:29:28
TOKYO, July 11: Japan's core machinery orders slipped for the first time in three months in May, hurting hopes that a pickup in business spending would offset pressure on an economy struggling with su...
-- 2022-07-10 10:10:19
The International Monetary Fund (IMF) said it is hoping for a resolution to Sri Lanka's political turmoil that will allow a resumption of talks for a bailout package after a violent day of protests....
REUTERS 2022-07-09 16:06:26
China's factory-gate inflation cooled in June to the lowest in 15 months as the country continues to buck the global trend of accelerating prices. The producer price index (PPI) rose 6.1 per cent yea...
-- 2022-07-09 08:51:21
Elon Musk, the chief executive officer of Tesla and the world's richest person, said on Friday he was terminating his $44 billion deal to buy Twitter because the social media company had breached mult...
-- 2022-07-07 17:26:58
A staggering 71 million more people around the world are experiencing poverty as a result of soaring food and energy prices that climbed in the weeks following Russia's invasion of Ukraine, the United...
-- 2022-07-07 13:50:52
The Central Bank of Sri Lanka (CBSL) raised its key rates by a full percentage point on Thursday to tackle record high domestic inflation and to contain any build-up of underlying demand, it said. Th...
-- 2022-07-06 19:22:57
Sri Lanka's president on Wednesday said he urged Russian leader Vladimir Putin to help his cash-strapped island nation import fuel as it faces its worst economic crisis in seven decades. Short of for...
-- 2022-07-06 11:56:02
The Bank of England warned on Tuesday that the economic outlook for Britain and the world had darkened and told banks to ramp up capital buffers to ensure they can weather the storm, reports Reuters....
-- 2022-07-05 17:48:15
Shares declined Tuesday in Europe after an upbeat session in Asia, while Wall Street futures slipped ahead of the reopening of US markets from the Independence Day holiday. Benchmarks also fell...
-- 2022-07-05 13:26:41
Ukraine needs $750 billion for a three-stage recovery plan in the wake of Russia's invasion, its prime minister said on Monday. Denys Shmygal also told the Ukraine Recovery Conference hosted by Switz...
-- 2022-07-05 11:32:29
South Korea's inflation last month hit the highest since the Asian financial crisis more than two decades ago, adding to signs of building strains on the open, trade-dependent economy and fanning expe...
-- 2022-07-04 20:15:16
India is trying to ‘address volatility’ in the Indian rupee that has tumbled to record lows against the dollar in recent weeks, a government official said on Monday, amid concerns of a wid...
-- 2022-07-01 20:32:16
With an out of work husband, housewife Sujeewa Nelum Perera is all too familiar with the struggle of feeding a family of four in Sri Lanka and has been forced to cut down on the number of meals they c...
-- 2022-07-01 15:48:43
The World Bank has appointed Martin Raiser as its vice president for the South Asia Region. He is an economist and development expert with almost two decades of experience at the World Bank Group, A...
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