Reuters wins Polk Award for coverage of Elon Musk’s business empire
(Reuters) – The staff of Reuters has received a George Polk Award for its coverage of how Elon Musk’s manufacturing operations harmed consumers, workers and laboratory animals. The prestigious Polk Awards, presented…
Australia house prices forecast to slump 16% from peak- Reuters poll
By Vivek Mishra BENGALURU (Reuters) – Australian housing prices that are on a steep decline will likely fall further next year, according to a Reuters poll of analysts who forecast a peak-to-trough…
Canada house prices to tumble 17.5% peak to trough, say analysts: Reuters Poll
By Indradip Ghosh BENGALURU (Reuters) – Once burning-hot Canadian house prices are expected to tumble a total 17.5% from their peak, roughly double the fall during the 2008-09 financial crisis, in a…
New Zealand house prices forecast to drop 18% from peak: Reuters Poll
By Vivek Mishra BENGALURU (Reuters) – New Zealand’s house prices are forecast to fall more than previously thought this year and next with a peak-to-trough slump of 18% as aggressive interest rate…
Bank of England to raise Bank Rate by 50 bps in Dec, peak at 4.25% in Q1- Reuters poll
By Jonathan Cable LONDON (Reuters) – The Bank of England will press on with interest rate rises to battle inflation even though Britain is heading into a long albeit shallow recession, with…
Mexico headline inflation seen easing in early November, core inflation up: Reuters Poll
MEXICO CITY (Reuters) – Mexico’s annual headline inflation is forecast to have eased in the first half of November but to have stayed well above official targets, a Reuters poll showed Tuesday,…
ECB set to raise deposit rate 50 bps as euro zone enters recession -economists: Reuters poll
By Jonathan Cable LONDON (Reuters) – The European Central Bank will press on with policy tightening, adding 50 basis points to its deposit rate next month as it worries rapid price growth…
Bank of Korea to hike rates a modest 25bps on Nov 24 as growth slows- Reuters poll
By Devayani Sathyan and Anant Chandak BENGALURU (Reuters) – South Korea’s central bank will scale back its tightening pace on Thursday and hike rates by a modest 25 basis points amid signs…
German home prices to fall 3.5% next year as buyers feel the pinch- Reuters poll
By Jonathan Cable LONDON (Reuters) – German house prices will fall 3.5% next year as the cost of living crisis and rising borrowing costs hits consumers, but the chances of an outright…
Turkey to end easing next week with one last rate cut to 9%: Reuters poll
By Ezgi Erkoyun and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s central bank is expected to cut rates by another 150 basis points next week to 9% and halt the easing thereafter, a…
S.Africa’s Reserve Bank to hike repo rate 75 bps on Nov. 24: Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) – South Africa’s Reserve Bank will hike its repo rate another 75 basis points to 7.00% on Thursday to reinforce its action over sticky and uncomfortably high…
Taiwan October export orders likely contracted again, but at slower pace- Reuters poll
TAIPEI (Reuters) – Taiwan’s export orders likely contracted again in October as global demand for technology cools though at a slower rate than the previous month, a Reuters poll showed on Friday.…
Fed to lift rates by 50 basis points, but peak policy rate may be higher: Reuters Poll
By Prerana Bhat BENGALURU (Reuters) – The Federal Reserve will downshift in December to deliver a 50-basis-point interest rate hike, but economists polled by Reuters say a longer period of U.S. central…
New Zealand’s RBNZ seen raising rates by historic 75 bps: Reuters Poll
By Devayani Sathyan BENGALURU (Reuters) – New Zealand’s central bank will hike rates by 75 basis points for the first time ever on Wednesday to cool multi-decade high inflation, ramping up the…
Tourism revival likely boosted Thailand’s GDP growth in Q3- Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Thailand’s economy grew at its fastest pace in more than a year last quarter, boosted by a rebound in tourism and private consumption, but the outlook…
UK bond dealers see jump in gilt issuance for 2023/24 – Reuters poll
By David Milliken LONDON (Reuters) – Bond dealers expect Britain to trim debt issuance plans for the current financial year, compared with those made just after September’s “mini-budget”, but see a big…
Philippine central bank to raise rates by 75 bps- Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) – The Philippine central bank will opt for a jumbo 75 basis point interest rate hike on Thursday to combat soaring inflation and limit weakening in the…
Bank Indonesia to deliver third straight 50 bps hike on Nov. 17- Reuters poll
By Anant Chandak BENGALURU (Reuters) – Bank Indonesia will deliver a third consecutive 50 basis point interest rate rise on Thursday, according to a strong majority of economists polled by Reuters, although…
Speculators’ net long USD bets fall to a more than 1-year low -CFTC, Reuters
NEW YORK (Reuters) – Speculators’ net long bets on the U.S. dollar fell in the latest week to the smallest position in more than a year, according to calculations by Reuters and…
Indonesia Oct trade surplus seen at $4.5 billion as global trade weakens- Reuters poll
JAKARTA (Reuters) – Indonesia’s trade surplus is seen narrowing slightly in October to $4.5 billion, amid weakening in global trade and moderating commodity prices, a Reuters poll showed on Monday. Exports from…
Congo says it expelled Reuters journalist for alleged immigration breach
DAKAR (Reuters) – Democratic Republic of Congo said that it expelled a French journalist working for Reuters because she was in breach of immigration rules. Sonia Rolley received a written summons on…
Japan Oct consumer inflation likely to hit four-decade high – Reuters poll
TOKYO (Reuters) – Japan’s core consumer inflation rate is expected to hit a forty-year high in October as a weak yen pushed up raw material costs for companies, leaving some with little…
Japan economy set to slow sharply as global inflation, recession risks hurt- Reuters poll
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s economy is expected to have slowed markedly in the third quarter as global recession risks hurt external demand while rising inflation and a weak yen’s…
China’s Oct exports seen cooling further as global demand weakens- Reuters poll
BEIJING (Reuters) – China’s export growth likely cooled further in October as global demand continued to soften, while imports remained sluggish amid weakening growth at home, a Reuters poll showed on Friday.…
Battling high inflation, sanctions, Russia to resume rate-cutting next year – Reuters poll
By Alexander Marrow MOSCOW (Reuters) – Russia will keep interest rates on hold for a few months before resuming monetary easing midway through next year, a Reuters poll suggested on Thursday, as…
Strong exports likely boosted Indonesia’s economy in Q3 – Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Indonesia’s economy grew at its fastest pace in over a year last quarter, buoyed by strong exports and consumption, but a slowdown in China and a…
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