Fed’s Powell: Possible fed could raise rates beyond December forecast
NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said on Wednesday he is not fully sure where the central bank will stop with rate rises as it presses forward…
NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said on Wednesday he is not fully sure where the central bank will stop with rate rises as it presses forward…
SHANGHAI (Reuters) – Tesla plans to step up output at its Shanghai plant over the next two months to meet demand ignited by aggressive price cuts on its best-selling models,…
TOKYO (Reuters) – Japan’s Hitachi Transport System Ltd said on Wednesday it would raise 127.2 billion yen ($975 million) by issuing a single preferred share to majority shareholder KKR &…
By Richa Naidu and Aditya Kalra LONDON/NEW DELHI (Reuters) – Unilever racked up strong sales growth in India last year on the back of sharp prices increases thanks to its…
By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s central bank board will once again raise its benchmark interest rate at its meeting next week on persistent inflation which has endured despite…
By Swathi Nair BENGALURU (Reuters) – The Bank of Canada will hike its key interest rate by a modest quarter point to 4.50% on Jan. 25 and then hit pause…
By Elaine Lies TOKYO (Reuters) – Masami Fujino got his first raise in 20 years recently, but it’s still not enough to let the Tokyo day labourer treat himself to…
Swalwell Says Dems Will ‘Go Around The Speaker’ To Raise Debt Ceiling, Fund Ukraine Harold Hutchison on January 18, 2023 Democratic Rep. Eric Swalwell of California said Wednesday that Democrats…
Soros And Bezos Back Initiative To Raise $3 Trillion Annually To Fight Climate Change Jack McEvoy on January 17, 2023 Left-wing billionaire George Soros and Amazon founder Jeff Bezos are…
By Xie Yu HONG KONG (Reuters) – Global investors including PineBridge and Pictet are bolstering their exposure to Chinese property developers, betting that a slew of support measure for the…
PARIS (Reuters) – The French government will put forward a draft law aimed at raising the regular retirement age to 64 from 62 by 2030, Prime Minister Elisabeth Borne said…
MUMBAI (Reuters) – India’s IIFL Finance plans to raise at least 1 billion rupees ($12.10 million) through public issue of non-convertible debentures, according to a product note. The issue, which…
MUMBAI (Reuters) – Edelweiss Financial Services plans to raise at least 2 billion rupees ($24.19 million) through the public issue of non-convertible debentures, according to a term sheet. The company’s…
SEOUL (Reuters) -South Korea will raise electricity prices for the first quarter of 2023 by 13.1 won per kilowatt-hour, a 9.5% increase that is the highest in four decades, its…
HONG KONG (Reuters) – CIFI Holdings on Tuesday became the latest Chinese property developer to raise funds by selling new shares at discounted prices, while Agile Group announced its second…
FRANKFURT (Reuters) – The European Central Bank will increase scrutiny over how banks manage credit risk and diversify funding, it said on Monday while outlining its 2023 priorities as the…
(Reuters) – Russia’s finance ministry will analyse whether there is potential to increase taxes in resource sectors of the economy where there are high margins, Deputy Finance Minister Alexei Sazanov…
By Jonathan Cable LONDON (Reuters) – The European Central Bank will take its deposit rate up by 50 basis points next week to 2.00%, despite the euro zone economy almost…
FRANKFURT (Reuters) – Proposed European Union rules aimed at tempering natural gas price spikes may actually jeopardize financial stability and need to be redesigned, the European Central Bank said on…
By David Milliken LONDON (Reuters) – The Bank of England looks set to raise interest rates to 3.5% or more next week, but policymakers appear increasingly split on how much…
By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India (RBI) is widely seen raising its key lending rate by 35 basis points on Wednesday as inflation continues to…
JERUSALEM (Reuters) – All six rate setters at the Bank of Israel supported raising the benchmark interest rate by 0.5 point to 3.25% at their November 21 meeting in a…
By Ann Saphir (Reuters) – Federal Reserve policymakers have all but promised to dial down the pace of their interest rate hikes next week, and over coming months feel their…
By Yousef Saba DUBAI (Reuters) – Saudi oil giant Aramco’s base oil subsidiary Luberef expects to raise up to 4.95 billion riyals ($1.32 billion) from its initial public offering, it…
By Shaloo Shrivastava and Anant Chandak BENGALURU (Reuters) – The Reserve Bank of Australia will go for another modest 25 basis-point interest rate hike on Dec. 6 to 3.10%, its…