By Sameer Manekar (Reuters) – Bearish bets on the Thai baht extended on risks around recession, the Chinese economy, and inflation, while short bets on most Asian currencies eased slightly …
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FRANKFURT – The European Central bank will raise its interest rates until inflation falls back to its 2% target, the ECB’s President Christine Lagarde said in an interview with Germany’s …
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By Rae Wee SINGAPORE – Having bucked a global dash to tighten monetary policy for a year, Asian central banks find themselves scrambling to catch up in order to tackle …
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(Reuters) – Sri Lanka’s new president will have to deal with daunting political challenges and his reforms should include tax rises to stabilize a devastated economy, the central bank governor …
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Experts Predict Most Women Who Can’t Get Abortions Will Raise Their Children After Birth Laurel Duggan on July 18, 2022 Most women who are denied abortions in the wake of …
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JACKSON TOWNSHIP, NJ – Two Jackson students are running a lemonade stand to help raise money to send to victims of Russian President Vladimir Putin’s invasion of Ukraine. The war …
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STAFFORD TOWNSHIP, NJ – You hear horror stories about towns shutting down children’s lemonade stands nationwide over lack of permits or health department clearance, but in West Creek, the New …
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By Lucy Craymer WELLINGTON – New Zealand’s central bank is expected to deliver this week a third straight half-point rate hike in its most aggressive policy tightening in over two …
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PARIS – The planned nationalisation of French power utility EDF will not result in an increase in the electricity bills of French households, government spokesman Olivier Veran said on Sunday. …
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MANILA – The Philippine central bank may raise interest rates by 100 basis points more this year, its governor said on Wednesday, after annual inflation soared to a near four-year …
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By Anirban Sen (Reuters) -Swedish payments firm Klarna Bank AB is nearing a deal to raise fresh capital at a valuation of about $6 billion from existing investors led by …
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BERLIN – German commercial vehicle maker Traton’s MAN unit plans to raise the prices of its trucks as expensive energy and raw materials ramp up costs but demand remains high, …
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BERLIN – German sugar producer Suedzucker plans “significant” price hikes to offset rising costs and prepares to shift to coal as Russian gas supplies to Western Europe slow in the …
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From the Desk of NJ Assemblyman Robert Auth TRENTON, N.J. – Republicans argued a bill to increase auto insurance coverage limits considered in the Assembly Financial Institutions and Insurance Committee …
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SUSSER: Democrats Torched The Economy. Now They Want To Raise Taxes Ben Susser on June 22, 2022 While strolling on the beach this week, President Biden told fawning reporters he …
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MEXICO CITY – Telmex, the Mexican telecommunications firm controlled by the family of tycoon Carlos Slim, reached a contract agreement with its union to raise salaries up to 4.5% for …
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(Reuters) – Chicago Federal Reserve Bank President Charles Evans on Wednesday signaled he is with the core group at the U.S. central bank calling for continued rapid rate hikes to …
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New York’s Teachers Union President Received Hefty Raise While Students Fled Public Schools Reagan Reese on June 22, 2022 The president of the New York State United Teachers (NYSUT) received …
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(Reuters) – Australian buy now, pay later company Zip Co Ltd said on Wednesday it would raise fees for customers and merchants, as it tries to weather an onslaught from …
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(Reuters) – Speculators raised their net long U.S. dollar positions in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The …
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By Yousef Saba DUBAI – Most Gulf central banks followed the U.S. Federal Reserve on Wednesday, lifting their key interest rates by three-quarters of a percentage point, while Saudi Arabia …
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SHANGHAI – China Construction Bank Corp (CCB) started selling 60 billion yuan ($8.9 billion) in bonds on Wednesday, joining peers as they rush to replenish capital in response to tighter …
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By Samuel Shen and Andrew Galbraith SHANGHAI – Shut out of the bond market and spurned by banks, a growing number of cash-starved Chinese local government financing units are tapping …
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By Indradip Ghosh and John Revill BENGALURU/ZURICH – The Swiss National Bank will keep its negative policy interest rate unchanged on Thursday and will not raise it to zero until …
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(Reuters) – The European Central Bank needs to speed up the pace of interest rate tightening to 50 basis points in September after an initial hike of 25 basis points …