Indonesia’s Prabowo weighs former minister, regulator chief for finance job, sources say
By Ananda Teresia and Stefanno Sulaiman JAKARTA (Reuters) – Indonesian financial regulator Mahendra Siregar and former finance minister Chatib Basri are among the top choices Prabowo Subianto is considering for the role…
Euro zone has no direct exposure to SVB -finance ministers’ chairman
BRUSSELS (Reuters) – Euro zone banks have no exposure to Silicon Valley Bank (SVB) and euro zone banks are in good shape, the chairman of euro zone finance ministers Paschal Donohoe said…
China reappoints central bank chief, finance minister
BEIJING (Reuters) – China’s rubber-stamp parliament, the National People’s Congress, on Sunday unexpectedly reappointed Yi Gang, 65, as governor of the People’s Bank of China and Liu Kun, 66, as finance minister,…
UK finance minister and Bank of England work to contain SVB fallout
LONDON (Reuters) -Britain’s finance ministry and the Bank of England are working to minimize the disruption that could arise from a collapse of the UK arm of Silicon Valley Bank, which has…
Canada govt to present 2023-24 budget on March 28, finance minister says
OTTAWA (Reuters) – Canada’s federal government will present its budget for fiscal year 2023-24 on March 28, Finance Minister Chrystia Freeland said on Friday. “Our government is focused on the clean Canadian…
Canada’s finance minister says she is preparing budget with fiscal constraint in mind
(Reuters) – Canada’s Finance Minister Chrystia Freeland said on Wednesday she is preparing a budget, expected sometime this spring, with fiscal constraint in mind and a goal to avoid fueling inflation. “I…
Brazil’s Finance Ministry has finalized proposal for new fiscal framework, says Haddad
BRASILIA (Reuters) – Brazilian Finance Minister Fernando Haddad said on Monday that his ministry has finalized its contribution to the design of the country’s new fiscal framework, but highlighted that other ministries…
Irish finance minister sees less severe economic slowdown
DUBLIN (Reuters) – An expected economic slowdown may not be as severe as feared, Ireland’s finance minister said on Friday after data showed consumer spending continued to grow even as the country’s…
Brazil’s work on new fiscal framework to end this week, says finance minister
(Reuters) – Brazilian Finance Minister Fernando Haddad said on Thursday the ministry plans to finish working on a new fiscal framework this week and present it to President Luiz Inacio Lula da…
G20 finance leaders to gauge toll on global economy on Ukraine war’s anniversary
By David Lawder BENGALURU (Reuters) – Global finance leaders will tally the economic damage from Russia’s war in Ukraine on Friday as they meet on the conflict’s first anniversary with some voicing…
China anti-graft body vows crackdown on finance sector corruption
By Laurie Chen BEIJING (Reuters) – China’s top graft-busting body on Thursday vowed to “resolutely” crack down on corruption in the financial sector, days after a well-known Chinese dealmaker became the latest…
U.S. Treasury sees ‘difficult’ debt talks at G20 finance meeting
By David Lawder BENGALURU (Reuters) – U.S. Treasury officials said on Wednesday they expect G20 discussions over debt relief for distressed countries to be “difficult” this week, but it was important to…
German state tax revenues up slightly in January – finance ministry
BERLIN (Reuters) – Tax revenues of Germany’s federal and regional state governments increased by 0.8% in January compared with the previous year, driven by higher sales taxes and wage taxes, the finance…
Budget demands of German coalition partners unrealistic, says finance minister
By Christian Kraemer and Maria Martinez BERLIN (Reuters) – German Finance Minister Christian Lindner considers the budget demands made by his government coalition partners to be excessive and “simply unrealistic”, he told…
French Finance Minister to meet retailers this week over food inflation worries
By Dominique Vidalon PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Monday he will meet retailers this week to find ways to help shoppers cope with high food price…
Big subsidies and debt not solution to U.S. inflation act – German finance min
HELSINKI (Reuters) – Large subsidies and debt are not the right response to the U.S. Inflation Reduction Act, which should instead be an opportunity to reconsider the framework conditions for European industry,…
Thai economy recovering steadily, tourism to drive 2023 growth – Finance Minister
BANGKOK (Reuters) – Thailand’s economy is recovering slowly but steadily, boosted by a rebound in a vital tourism sector that will remain the key driver of growth this year, its finance minister…
Many companies and finance firms yet to set deforestation policy – report
By Simon Jessop LONDON (Reuters) – Almost half of the companies most reliant on the commodities responsible for deforestation, and the financial firms that back them, have no policy to rein it…
G20 exploring cryptocurrency regulation, India’s finance minister says
By Nikunj Ohri (Reuters) – The Group of 20 (G20) big economies is exploring whether the group could collectively regulate cryptocurrencies, Finance Minister Nirmala Sitharaman said on Saturday. Given the sophisticated technologies…
South Korea Finance Minister sees inflation easing by April-May
SEOUL (Reuters) – South Korea’s finance minister reaffirmed on Friday his view that consumer prices would ease around the April-May months, a week after data showed the country’s annual inflation had unexpectedly…
Brazil’s finance ministry to back minimum wage increase starting in May -sources
By Bernardo Caram BRASILIA (Reuters) – Brazil’s finance ministry sees room for leftist President Luiz Inacio Lula da Silva to raise the minimum wage as of May at a cost of up…
Brazil’s Finance Ministry not discussing changes to inflation targets
BRASILIA (Reuters) – Brazil’s economic policy secretary Guilherme Mello said on Tuesday that discussions on changing inflation targets were not on the agenda of the Finance Ministry, stressing that the role of…
U.S., Oman discuss how to address illicit finance -U.S. statement
(Reuters) – Officials from the United States and Oman met in Muscat this week to discuss efforts to curb money laundering and terrorist financing and increase investment opportunities, the Treasury Department said…
Indonesia’s 2023 GDP growth seen slowing slightly from 2022’s 5.2%-5.3% -Finance Minister
JAKARTA (Reuters) – Indonesia’s economy likely grew within a range of 5.2% to 5.3% in 2022, and a slight deceleration is expected this year due to slowing global growth, its finance minister…
IMF slashes UK growth outlook, adding pressure on finance minister Hunt
LONDON (Reuters) – Britain is the only Group of Seven nation to have suffered a cut to its 2023 economic growth outlook in International Monetary Fund forecasts published on Tuesday, adding to…
Japan Finance Minister: Too early to consider reviewing gov’t-BOJ inflation statement
TOKYO (Reuters) – Japanese finance minister Shunichi Suzuki on Tuesday said it is not yet time to debate a possible review of a joint statement the government and Bank of Japan (BOJ)…
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