By Jorgelina do Rosario LONDON (Reuters) – Central Asian economies from Mongolia to Kazakhstan and Uzbekistan will see strong growth this year and next thanks to rising trade and remittance …
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Brazil’s central bank divided over services inflation improvement
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s central bank voiced concerns over inflation expectations not aligning with official targets and noted differing opinions among board members on services inflation improvements, ruling out any …
- Business News
Singapore’s central bank looking into banks’ role in $1.8 billion money laundering case
by Reutersby ReutersBy Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s central bank said on Tuesday it was looking into whether banks involved in a S$2.4 billion ($1.75 billion) money laundering scandal in the …
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Central Park Gang Member Sentenced for 2020 Homicide
by Leo Canegaby Leo CanegaBUFFALO, NY – On Monday, Erie County District Attorney John J. Flynn announced the sentencing of 27-year-old Raquan R. Reid of Cheektowaga. On Monday morning, Erie County Court Judge James …
- Business News
Turkish central bank’s net reserves seen rising more than $6 billion as policy U-turn continues – bankers
by Reutersby ReutersBy Nevzat Devranoglu ANKARA (Reuters) – The Turkish central bank’s net international reserves rose by more than $6 billion last week to about $24 billion, four bankers said on Tuesday, …
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(Reuters) – The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks …
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Brazil’s central bank employees escalate protests over career demands
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s central bank employees said on Monday they would intensify work stoppages in protest of the government’s alleged failure to address career improvement demands, a move that …
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US Central Command forces capture Islamic State official in Syria after helicopter raid
by Reutersby Reuters(Reuters) -The United States Central Command on Monday said its forces had captured an Islamic State official after conducting a helicopter raid in northern Syria on Saturday. “Abu Halil al-Fad’ani, …
- Business News
Thailand central bank to hold rates in Sept after seven straight hikes – Reuters poll
by Reutersby ReutersBy Anant Chandak and Susobhan Sarkar BENGALURU (Reuters) – Thailand’s central bank will leave its key policy rate unchanged at 2.25% on Wednesday and likely through 2024, marking an end …
- Business News
China central bank adviser proposes structural reforms to revive economy
by Reutersby ReutersSHANGHAI (Reuters) – China has limited room for further monetary policy easing, and it should pursue structural reforms such as encouraging entrepreneurs rather than counting on macroeconomic policies to revive …
- Business News
Colombia central bank seen holding benchmark rate at 13.25% in next meeting: Reuters poll
by Reutersby ReutersBy 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 …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The Bank of Japan on Friday rounds off one of …
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NY Fed official touts benefits of central clearing for bond market
by Reutersby ReutersBy Michael S. Derby NEW YORK (Reuters) – An increase in government bond central clearing could increase the resilience of a market that forms the backbone of the global credit …
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ABUJA (Reuters) – Nigeria’s central bank said on Thursday that it had delayed an interest rate meeting that had been planned for next week and that it would schedule a …
- Business News
Analysis-Amid Israel turmoil, markets want continuity at central bank helm
by Reutersby ReutersBy Steven Scheer JERUSALEM (Reuters) – Financial markets are hoping Prime Minister Benjamin Netanyahu keeps Bank of Israel Governor Amir Yaron for a second term to safeguard the bank’s independence …
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New Central Ohio Crime Gun Intelligence Center Targets Gun Violence
by Indira Patelby Indira PatelCOLUMBUS, OH – The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) today announced the opening of the Central Ohio Regional Crime Gun Intelligence Center (CGIC) in partnership with state …
- Business News
Swedish central bank tightens policy, says it may need to do more
by Reutersby ReutersBy Simon Johnson and Niklas Pollard STOCKHOLM (Reuters) -Sweden’s central bank raised its key policy rate by a quarter percentage point to 4.00%, as expected, on Thursday and said it …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. It’s all about global interest rates for Asia on Thursday. …
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Colombia finance minister to insist central bank start cutting rates
by Reutersby ReutersBOGOTA (Reuters) – Colombian Finance Minister Ricardo Bonilla, who is also a director of the country’s central bank, said on Wednesday he will ask the board to start cutting the …
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A look at the day ahead in European and global markets from Kevin Buckland Europe yet again wakes up to a swathe of red in Asian markets on Tuesday. But …
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By Leika Kihara TOKYO (Reuters) – The Bank of Japan will likely keep interest rates ultra-low on Friday and reassure markets that monetary stimulus will stay, at least for now, …
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French central bank raises 2023 growth outlook, trims 2024 and 2025
by Reutersby ReutersPARIS (Reuters) – France’s economy will grow slightly less than expected in the next two years due to weakness in its main trade partners, the central bank said on Monday, …
- Business News
Central bank body BIS flags new unpredictability in interest rate markets
by Reutersby ReutersBy Marc Jones LONDON (Reuters) – The central bankers’ central bank, the Bank for International Settlements, has urged investors to hunker down for an extended spell of unpredictability in global …
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A tale of two central banks as Uruguay rises and Argentina slides
by Reutersby ReutersBy Lucinda Elliott MONTEVIDEO (Reuters) – Diego Labat, Uruguay’s central bank chief, is sitting pretty. Inflation is at the lowest level in nearly two decades, the currency is one of …
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China’s yuan will stabilise as domestic prices bottom out – central bank publication
by Reutersby ReutersBEIJING (Reuters) -China’s yuan will stabilise after improvements in recent economic data and the bottoming out of domestic prices, state-owned media said on Monday. China’s falling interest rates have effectively …