By Leika Kihara TOKYO (Reuters) -The Bank of Japan’s massive asset-buying scheme introduced in 2013 led to a sharp deterioration in the function of the country’s bond markets, which continued …
strains
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By William Schomberg LONDON (Reuters) – Britain’s economy is showing some signs of strain from the Bank of England’s 13 back-to-back interest rate increases, but the jobs market is still …
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Business News
US Treasury sees continued global growth despite strains in banking sector
by Reutersby ReutersBy Andrea Shalal WASHINGTON (Reuters) – The U.S. banking system remains strong and resilient, but American officials will continue working with foreign counterparts to bolster financial resilience after recent bank …
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US and World News
Europe’s debt market strains force some governments to rework trading rules
by Reutersby ReutersBy Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Some euro zone countries have eased rules for the banks that manage the trading of their government debt to help them cope …
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US and World News
UK housing market shows strains from “mini-budget”: Rightmove
by Reutersby ReutersLONDON (Reuters) – Britain’s housing market lost momentum this month after Prime Minister Liz Truss’s economic plans upset financial markets and triggered a repricing of the mortgage market, data from …
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US and World News
IMF cuts Asia’s growth forecasts, warns of strong dollar strains
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) – The International Monetary Fund cut Asia’s economic growth forecasts on Tuesday, with rising inflation forcing many central banks to tighten monetary policy even as …
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BEIJING – China’s cabinet unveiled some steps on Monday to improve the allocation of resources among local governments to help ease their growing fiscal strains and debt risks, amid efforts …
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Financial News
Europe strains for clarity as Russia stands by roubles-for-gas demand
by Reutersby ReutersBy Kate Abnett and Francesco Guarascio BRUSSELS – Companies and countries were at odds over Moscow’s rouble-for-gas payment system on Friday, while European officials promised more guidance on whether buying …
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Business News
Higher steel prices boost Thyssenkrupp amid supply chain strains
by Reutersby ReutersBy Christoph Steitz and Tom Käckenhoff FRANKFURT – Thyssenkrupp said on Thursday that operating profit rose nearly fivefold in its first quarter, as its two biggest divisions – steel and …
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Business NewsUS and World News
Canadian farmers face cattle feed shortage due to drought, transport strains
by Reutersby ReutersBy Rod Nickel WINNIPEG, Manitoba – Canadian farmers say they are just days away from running out of feed for cattle, due to severe drought last summer damaging crops needed …