US high-grade corporate bond spreads to tighten in 2024 :JPM
By Matt Tracy (Reuters) – Spreads on U.S. corporate high-grade bonds are likely to tighten in 2024, according to JPMorgan. In a report published on Monday, JPMorgan forecast that returns on high-grade…
No need for S.Korean central bank to tighten policy further, says deputy governor
SEOUL (Reuters) – There is no need for the South Korean central bank to tighten monetary policy further for now, despite the prospect of interest rates staying higher for longer in the…
Enterprise reports lower Q2 earnings as margins tighten
By Stephanie Kelly NEW YORK (Reuters) -U.S. energy infrastructure group Enterprise Products Partners LP reported lower earnings for the second quarter due to a major year-on-year drop in the price of natural…
Risking revival of unrest, Iran rulers tighten curbs on dissent
By Parisa Hafezi DUBAI (Reuters) – Iran’s clerical rulers are clamping down on dissent ahead of the anniversary of the death of a young woman in morality police custody, fearing a revival…
Euro zone should tighten fiscal policy in 2024 to curb inflation -EFB
By Jan Strupczewski BRUSSELS (Reuters) – Euro zone governments should tighten fiscal policy next year more than currently planned to help the European Central Bank fight inflation and prevent interest rates rising…
SNB vice chairman: ready to tighten policy further, inflationary pressure broadening
ZURICH (Reuters) – The Swiss National Bank is ready to tighten its monetary policy to combat inflationary pressure, which it sees spreading to other across the Swiss economy, Vice Chairman Martin Schlegel…
Column-U.S. banks tighten lending standards to small business and consumers: Kemp
By John Kemp LONDON (Reuters) – U.S. domestic banks reported a widespread tightening of lending standards by the end of the first quarter of 2023 – even before the full impact of…
EU seeks to simplify customs system, tighten up on e-commerce
By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission proposed on Wednesday a reform of customs rules for the surge of incoming packages ordered online and to cope with increased environmental and…
Salvadoran spreads tighten on IMF deal bets, bonds remain distressed
NEW YORK (Reuters) – Salvadoran bond spreads narrowed on Wednesday to their tightest since December 2021 in a rally triggered by hopes a key new adviser to the finance ministry would be…
IMF to Latin America: tighten your belts
(Reuters) – After central banks across Latin America and the Caribbean raised rates to battle inflation, the International Monetary Fund is now pointing at less spending from governments to help slow down…
Russian central bank rejects lawmakers’ requests to tighten currency restrictions
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s Central Bank Governor Elvira Nabiullina on Wednesday rejected lawmakers’ requests to tighten currency restrictions in response to rouble weakening, warning of sharp…
US consumer bankers tighten monitoring, processes as industry reels
By Nupur Anand and Tatiana Bautzer Las Vegas (Reuters) – Consumer and mid-sized banks are planning to monitor their internal processes more closely and hold more frequent discussions with regulators as the…
Americans Tighten Their Belts Even More As Inflation And Uncertainty Persist
Americans Tighten Their Belts Even More As Inflation And Uncertainty Persist Jason Cohen on March 15, 2023 After a surprisingly strong start to the year, persistently high inflation and uncertainty regarding forthcoming…
Diversity Jobs Are Drying Up As Big Businesses Tighten Their Belts
Diversity Jobs Are Drying Up As Big Businesses Tighten Their Belts Laurel Duggan on February 28, 2023 Major corporations are scaling back their diversity, equity and inclusion (DEI) programs after boosting DEI…
U.S. financial conditions may tighten further: SF Fed paper
By Ann Saphir (Reuters) – U.S. stocks may fall further, and bond yields rise, as the Federal Reserve continues its current round of interest-rate hikes in coming months, according to an analysis…
Sweden to tighten terrorism law amid tensions with Turkey over NATO bid
STOCKHOLM (Reuters) – Sweden said on Thursday it would tighten laws covering membership of terrorist organisations months after an agreement with Turkey on fighting terrorism aimed at overcoming its objections to Swedish…
Germany plans to tighten rules for firms highly dependent on China – document
By Andreas Rinke BERLIN (Reuters) – Germany’s foreign ministry plans to tighten the rules for companies deeply exposed to China, making them disclose more information and possibly conduct stress tests for geopolitical…
IMF urges most Asian central banks to tighten policy further
By Leika Kihara WASHINGTON (Reuters) – Most Asian central banks must tighten monetary policy further as rising commodity prices and their currencies’ depreciation, driven by steady U.S. interest rate hikes, push inflation…
Argentina to tighten import controls to preserve dollars
By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina will regulate import authorizations more closely in an effort to prevent fraud and preserve reserves of U.S. dollars, Economy Ministry sources said on Saturday.…
Explainer-How the U.S. could tighten sanctions on Russia over Ukraine
By Daphne Psaledakis WASHINGTON (Reuters) – The United States has imposed several rafts of sanctions on Russia over its invasion of Ukraine in February, targeting its central bank, major lenders, oligarchs and…
Analysis-Hong Kong’s cheap funding window shrinks as banks feel cash tighten
SHANGHAI/HONG KONG – Investors who have exploited Hong Kong’s cheap interest rates all year to fund other trades globally are finding that the window is closing as local cash conditions tighten and…
German economy minister aims to tighten antitrust laws
FRANKFURT – German Economy Minister Robert Habeck plans to present concrete proposals to tighten the nation’s antitrust laws and give the Federal Cartel Office more powers, according to a position paper circulated…
Urgent to tighten policy further, says Swedish central bank’s Floden
STOCKHOLM – Sweden has an urgent need for further policy tightening so that the central bank does not have to take even tougher measures further ahead, Deputy Governor Martin Floden said on…
As property market cools, New Zealand’s recent home buyers tighten belts
By Lucy Craymer WELLINGTON – When Aarti and Gaurav Kathuria were saving for their first home, a three-bedroom townhouse in Auckland, they cut back on eating out and other expenses so they…
NZ cenbank reaffirms support for plans to tighten climate risk disclosures
(Reuters) – New Zealand’s central bank said on Tuesday it continues to support plans from an independent government body to strengthen climate-related disclosures by the country’s financial firms. Last year, New Zealand…
Explainer-How the U.S. could tighten sanctions on Russia
By Daphne Psaledakis WASHINGTON – The United States has imposed several rafts of sanctions on Russia over its invasion of Ukraine in February, targeting its central bank, major lenders, oligarchs and Russian…
Breaking News
