MANILA (Reuters) – Philippine headline inflation was expected to ease for a sixth straight month with the central bank on Monday projecting the rate in July to come in between …
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(Reuters) – A system in the Central Atlantic has a 70% chance of becoming a cyclone in the next two days and a tropical depression is likely to form, the …
- Business News
Nigeria’s Tinubu appoints investigator to probe central bank – letter
by Reutersby ReutersABUJA (Reuters) – Nigeria’s President Bola Tinubu has appointed a financial watchdog to investigate the central bank, weeks after he suspended its governor, a copy of a letter from the …
- Business News
Moroccan economy grew 1.3% in 2022, against 8% in 2021 – central bank
by Reutersby Reuters(Reuters) – The Moroccan economy registered growth of 1.3% in 2022, slowing down from the 8% growth registered in 2021, the central bank said late on Saturday. Abdellatif Jouahri, Governor …
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North Korea economy shrank for third year in 2022 -South’s central bank
by Reutersby ReutersBy Jihoon Lee SEOUL (Reuters) – North Korea’s economy shrank for a third consecutive year in 2022, as COVID-19 restrictions and U.N. sanctions continued to weigh on economic activity in …
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Thai central bank to hike rates by 25 bps on Aug. 2, ending tightening cycle – Reuters poll
by Reutersby ReutersBy Anant Chandak BENGALURU (Reuters) – The Bank of Thailand (BOT) will deliver a final 25-basis-point interest rate increase on August 2 and then hold rates steady until 2025 as …
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BEIRUT (Reuters) – Lebanon’s longtime central bank governor Riad Salameh defended his record on Wednesday in a televised interview just days before he is set to leave office, denying he …
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South Korean manufacturers most optimistic in seven months -central bank survey
by Reutersby ReutersSEOUL (Reuters) – South Korean manufacturers’ business optimism in August hit its highest level in seven months, a central bank survey showed on Thursday, as concern about raw material prices …
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By Kevin Yao BEIJING (Reuters) – China’s new central bank governor Pan Gongsheng brings with him the reputation of a firefighting technocrat, signalling growing concerns among the country’s leadership over …
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Philippine central bank ready to resume policy tightening if needed
by Reutersby ReutersMANILA (Reuters) – The Philippine central bank is prepared to resume tightening monetary policy given that inflation remains a challenge, central bank officials said on Tuesday. Bangko Sentral ng Pilipinas …
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Police Investigating Multiple Related Robberies In Central Park
by Adam Devineby Adam DevineNEW YORK CITY, NY – The New York City Police Department is asking for public assistance in identifying individuals connected to a series of robberies within the Central Park area. …
- Business News
China central bank issues draft rules on its data security management
by Reutersby ReutersBEIJING (Reuters) – China’s central bank issued draft rules on data security management for the bank’s own operations on Monday, as Beijing tightens its grip on data usage and security …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The week ahead could be pivotal to the financial market …
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By Alexander Marrow (Reuters) – The rouble weakened against the dollar on Friday after the Bank of Russia hiked rates by a more-than-expected 100 basis points, pointing to rising inflationary …
- Business News
Russian central bank ups 2023 GDP forecast as it hikes rates by 100 basis points
by Reutersby Reuters(Reuters) – Russia’s central bank raised its forecast for economic growth in 2023 even as it hiked rates by 100 basis points on Friday, now envisaging gross domestic product (GDP) …
- US and World News
Exclusive-Audit fails to win U.S. backing for release of Afghan central bank funds – U.S. officials
by Reutersby ReutersBy Jonathan Landay and Charlotte Greenfield WASHINGTON/ISLAMABAD (Reuters) – A U.S.-funded audit of Afghanistan’s Taliban-run central bank has failed to win Washington’s backing for a return of bank assets from …
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South Korea export recovery to be sluggish compared with past – central bank
by Reutersby ReutersSEOUL (Reuters) – South Korea’s exports are expected to recover going forward, but at a sluggish pace compared with the past due to a narrower gap in competitiveness against China, …
- US and World News
US adds Central American ex-presidents, judges, lawmakers to corruption list
by Reutersby ReutersBy Raul Cortes (Reuters) – The U.S. State Department added nearly 40 people from El Salvador, Honduras, Guatemala and Nicaragua, including former presidents and judges, to a list published on …
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China’s central bank structural policy tools rise to $952 billion
by Reutersby ReutersBEIJING (Reuters) – China’s outstanding structural policy tools totalled 6.87 trillion yuan ($952.14 billion) at the end of June, the central bank said on Wednesday, up 0.7% from 6.82 trillion …
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WARSAW (Reuters) – Poland could cut interest rates this year, two central bankers were quoted as saying on Tuesday, fuelling expectations that a decrease in the cost of credit could …
- US and World News
Don strengthens into Tropical Storm in central Atlantic Ocean
by Reutersby Reuters(Reuters) – Tropical Depression Don has strengthened into a Tropical Storm in the central Atlantic on Monday and is forecast to turn southward within the next day or so, the …
- Business News
Australia central bank hit pause as policy clearly restrictive, risking growth
by Reutersby ReutersSYDNEY, July 18 (Reuters) – Australia’s central bank decided to keep interest rates steady this month as policy was clearly restrictive and there was a risk a squeeze on household …
- Business News
S.Korea central bank warns of financial stability risk as debts rise
by Reutersby ReutersSEOUL (Reuters) – South Korea’s central bank said on Monday there was a need to manage financial stability in addition to price risks as the country’s high household debts have …
- Business News
China central bank to use tools such as RRR to tackle economic woes
by Reutersby ReutersBy Kevin Yao BEIJING (Reuters) -China’s central bank will use policy tools such as the reserve requirement ratio (RRR) and medium-term lending facility to weather the challenges facing the world’s …
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SYDNEY (Reuters) – Australia’s government announced on Friday that Michele Bullock, Deputy Governor at the Reserve Bank of Australia, will take over from Governor Philip Lowe in September, following a …