By Siddhi Nayak and Dharamraj Dhutia MUMBAI (Reuters) – The Reserve Bank of India could take the key policy rate to 6.75% next year, as core inflation stays elevated and …
Reuters
-
- US and World News
Kremlin says no chance of Ukraine talks as Zelenskiy travels to Washington
by Reutersby ReutersMOSCOW (Reuters) – The Kremlin said that nothing good would come from Ukrainian President Volodymyr Zelenskiy’s trip to Washington on Wednesday and that Russia saw no chance of peace talks …
-
By Alexander Marrow MOSCOW (Reuters) -The rouble plunged to its weakest level since early May past 70 against the dollar on Wednesday, taking its monthly losses to almost 14% as …
-
By Yoruk Bahceli and Valentina Consiglio AMSTERDAM/ROME (Reuters) -Statistics offices across the euro zone are looking to revise the way they build retail energy prices into their official inflation calculations …
- US and World News
Peru orders Mexico’s ambassador out as diplomatic spat deepens
by Reutersby ReutersBy Diego Oré and Marco Aquino MEXICO CITY/LIMA (Reuters) -Peru declared Mexico’s ambassador to Lima “persona non grata” and ordered him to leave the country on Tuesday, Peru’s foreign minister …
-
By Moira Warburton and Andy Sullivan WASHINGTON (Reuters) – A U.S. House of Representatives committee voted on Tuesday to release partially redacted tax filings from former President Donald Trump and …
- Business News
World Bank releases $100 million for Zambia amid delays in debt restructuring
by Reutersby ReutersLUSAKA (Reuters) -The World Bank is releasing $100 million for Zambia amid substantial delays in its debt restructuring efforts as its creditors drag their feet, it said on Wednesday. The …
- Business News
Swedish think tank NIER predicts economy will contract by 1.1% in 2023
by Reutersby ReutersSTOCKHOLM (Reuters) – Sweden’s economy will likely contract next year as high inflation and rising interest rates weigh on households and businesses, the National Institute of Economic Research (NIER) forecast …
-
By Kirsty Needham and Lucy Craymer SYDNEY (Reuters) -Fiji’s parliament has delayed its first sitting, where it had been expected a new prime minister would be sworn in to the …
- Business News
Kirin seeks more North American craft beer factories after strong growth
by Reutersby ReutersBy Miho Uranaka TOKYO (Reuters) – Kirin Holdings, Japan’s second-largest brewer by sales, is looking to buy factory facilities in North America to maintain strong growth in the region’s craft …
-
By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) – Indonesian President Joko Widodo on Wednesday confirmed an export ban for bauxite starting in June next year as scheduled, to encourage …
- Business News
Analysis-Kuroda’s abrupt policy tweak opens door for bigger shift next year
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) – The Bank of Japan’s surprise decision to loosen the grip on its yield cap marks the beginning of an end to Governor Haruhiko Kuroda’s …
- US and World News
Relatives despair as search continues for Thai marines missing at sea
by Reutersby ReutersBy Napat Wesshasartar BANG SAPHAN (Reuters) – Hopes faded on Wednesday among relatives of Thai marines still missing after their warship sank off the country’s central coast, even as military-led …
-
BERLIN (Reuters) – The outlook for employment in Germany, Europe’s largest economy, is positive for the first quarter of next year, the Ifo economic institute said on Wednesday. German unemployment …
-
BERLIN (Reuters) – German consumer sentiment is set to extend its recovery heading into the new year as government relief measures meant to take the bite out of soaring energy …
-
By Mike Dolan LONDON (Reuters) – It’s the time of year for financial and economic forecasting – but you may do as well ignoring them all. An ordinary year assessing …
- Business News
Corporate China struggles with supply snags, demand slump as COVID cases spread
by Reutersby ReutersBy Casey Hall, Martin Quin Pollard and Joe Cash SHANGHAI/BEIJING (Reuters) – As China’s massive wave of COVID-19 infections begins its march across a country roughly the size of Europe, …
-
MOSCOW (Reuters) – Russia’s space agency will borrow up to 50 billion roubles ($710 million) in 2023 to fund a mass satellite-building programme to catch up with the United States …
- US and World News
Magnitude 6.4 quake shakes northern California, leaves 2 dead, thousands without power
by Reutersby ReutersBy Nathan Frandino and Steve Gorman RIO DELL, Calif. (Reuters) -A powerful magnitude 6.4 earthquake jolted the extreme northern coast of California before dawn on Tuesday, crumpling homes and roads, …
-
By Choonsik Yoo SEOUL (Reuters) -South Korea’s government on Wednesday promised policy support and deregulation to boost economic growth which it expects to slow next year at a much faster …
- Business News
Credit Suisse clients are returning, CEO of bank’s Swiss business says
by Reutersby ReutersZURICH (Reuters) – Credit Suisse’s client withdrawals have stabilised and reversed in some cases, Andre Helfenstein, the head of Credit Suisse’s Swiss business said in an interview with local newspaper …
- Business News
Analysis-Russian gold removed from some Western funds after Ukraine
by Reutersby ReutersBy Peter Hobson LONDON (Reuters) – Hidden inside high-security bank vaults in London, Zurich and New York, billions of dollars’ worth of gold of Russian origin has quietly changed hands …
- Business News
Factbox-Russian gold taken out of exchange-traded fund stockpiles
by Reutersby ReutersBy Peter Hobson LONDON (Reuters) – Gold worth $2.2 billion has left the accounts of exchange-traded funds (ETFs) since July as some banks and asset managers seek to purge Russian …
- Business News
U.S. FAA proposes airworthiness criteria for Archer Aviation air taxi
by Reutersby ReutersBy David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) on Monday issued the airworthiness criteria that Archer Aviation will need to meet for its M001 air taxi to be …
-
A look at the day ahead in European and global markets from Wayne Cole. A day after the Bank of Japan’s bombshell and things are looking a little steadier. Most …