JPMorgan extends Venezuela’s ‘watch period’ in benchmark bond index
NEW YORK/LONDON (Reuters) – JPMorgan has delayed a key decision on whether to lift the weighting of Venezuela’s bonds in its widely-followed EMBI index series by a month, with the next update…
Chile’s central bank cuts benchmark interest rate to 8.25%
SANTIAGO (Reuters) -Chile’s central bank cut its benchmark interest rate on Tuesday by 75 basis points to settle at 8.25% in a unanimous decision, as the nation’s monetary authority sees inflation pressures…
China keeps lending benchmark rates unchanged, as expected
SHANGHAI/SINGAPORE (Reuters) – China left benchmark lending rates unchanged at a monthly fixing on Monday, matching expectations, as a weaker yuan continued to limit further monetary easing and policymakers waited to see…
Gold mining ETFs fail to keep pace with benchmark bullion fund
By Suzanne McGee (Reuters) – The weakening of a long-established correlation between the price of exchange-traded funds (ETFs) tied to gold and gold mining stocks have investors eyeing a range of potential…
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…
Euro zone’s benchmark Bund yield edges back up near 12-year high
By Stefano Rebaudo and Harry Robertson (Reuters) – The euro zone’s benchmark German bond yield rose on Monday towards last week’s 12-year high as the selloff in debt markets continued after a…
Colombia central bank seen holding benchmark rate at 13.25% in next meeting: Reuters poll
By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s central bank is expected to hold its benchmark interest rate at 13.25% during the board’s meeting next week as inflation has been falling more slowly…
Peru’s central bank cuts benchmark interest rate to 7.5%
(Reuters) – Peru’s central bank on Thursday cut its benchmark interest rate by 25 basis points to 7.5% after holding the rate steady for eight straight months, as the monetary authority in…
Colombia central bank holds benchmark interest rate at 13.25%
By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) – Colombia’s central bank unanimously held the benchmark interest rate at 13.25% for the second time in a row on Monday, amid slowing inflation…
Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources
By Nidhi Verma NEW DELHI (Reuters) – Indian state-run refiner BPCL is in talks with Rosneft to buy about 6 million metric tons (43.8 million barrels) of discounted Russian crude at a…
Colombian green, benchmark bonds likely this year -finance minister
By Jorgelina do Rosario and Rodrigo Campos WASHINGTON (Reuters) – Colombia is looking to issue a green bond before the end of 2023, likely in dollars, and could tap traditional credit markets…
China seen keeping benchmark lending rates unchanged for 4th month
SHANGHAI (Reuters) – China is likely to keep benchmark lending rates unchanged for the fourth straight month in December on Tuesday, a Reuters survey showed, but expectations for monetary easing are rising.…
Forecasts split on Bank of Israel benchmark rate rise
By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel is expected to raise short-term interest rates for a sixth straight time next week, a Reuters poll shows, although analysts are split…
Argentina set to hold benchmark rate steady again, source and analysts say
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hold the country’s benchmark interest rate steady for a second consecutive month, a source close to the bank and…
Peru’s central bank raises benchmark interest rate to 7.25%
LIMA (Reuters) – Peru’s central bank increased its benchmark interest rate by 25 basis points to 7.25% on Thursday, as expected, the 16th consecutive hike as monetary policymakers in the copper-producing Andean…
Russia seen holding benchmark interest rate at 7.5% this week – Reuters poll
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – The Russian central bank is expected to hold its key interest rate at 7.5% on Friday, ending a months’-long rate-cutting cycle, as an…
Fazoli’s Strikes 13 Franchise Area Development Agreements in Q1, Sets Sights on 250-Unit Benchmark
America’s largest premium QSR Italian chain signs franchise area development agreements to open 45 locations throughout the United States Lexington, KY (-) Fazoli’s is bringing more of its craveable, premium Italian dishes…
EU leaders may back new gas price benchmark, document shows
By Philip Blenkinsop and Kate Abnett BRUSSELS (Reuters) – European Union country leaders may support plans to launch a new gas price benchmark at a meeting next week, as they seek to…
Colombia’s central bank could raise benchmark interest rate further
BOGOTA (Reuters) – Further increases to Colombia’s benchmark interest rate may be necessary in the coming months as the central bank tries to bring inflation in line with its 3% target, according…
EU wants new transaction based LNG benchmark in bid to calm prices
By Bozorgmehr Sharafedin, Kate Abnett and Marwa Rashad LONDON (Reuters) – The European Union wants a new transaction-based benchmark for liquefied natural gas (LNG) as it says the fall in Russian pipeline…
Russia seen cutting benchmark interest rate by 50 bps to 7.5% – Reuters poll
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) – The Russian central bank is expected to cut its key interest rate by 50 basis points to 7.5% on Friday to encourage lending…
Business travel budgets rising as firms use 2019 as spending benchmark -CWT
By Jamie Freed SYDNEY (Reuters) – Business travel budgets are poised to rise in 2023 as companies benchmark against pre-pandemic levels of travel spending despite growing uncertainty over the economic outlook, a…
Colombia’s central bank seen hiking benchmark interest rate to 9%- Reuters Poll
By Nelson Bocanegra BOGOTA – Colombia’s central bank could hike its benchmark interest rate to 9% at its meeting next week, maintaining rate-increase intensity amid persistent inflation while reaching the end of…
China likely to keep lending benchmark LPR unchanged amid global central bank tightening
SHANGHAI – About 90% of traders and analysts in a Reuters survey expected China to keep benchmark interest rates unchanged at its monthly fixing on Monday, as global central bank tightening limited…
Peru’s central bank raises benchmark interest rate to 5.5%
LIMA – Peru’s central bank raised the country’s benchmark interest rate by 50 basis points to 5.5% on Thursday, the eleventh consecutive hike, as authorities in the copper-producing Andean nation battle stubbornly…
China seen lowering lending benchmark LPR to support economy:Reuters Poll
SHANGHAI – China is expected to cut benchmark lending rates at its monthly fixing on Friday, a second reduction this year, a Reuters survey showed, as it seeks to prop up credit…
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