By Noe Torres MEXICO CITY (Reuters) – The Mexican peso could remain the top performer among major global currencies in the coming weeks, despite Mexico’s central bank choosing to halt…
(Reuters) – The U.S. Federal Reserve will probably need to raise interest rates further if inflation stays high, Fed Governor Michelle Bowman said on Friday, adding that key data so…
(Reuters) – Asia’s developing economies have seen “very robust” growth but face risks from tightening global financial conditions due to rapid U.S. and European interest rate hikes, Asian Development Bank…
By Swati Bhat MUMBAI (Reuters) – India’s current rate tightening cycle may not be over as more hikes could be warranted to align inflation towards the central bank’s medium term…
A look at the day ahead in European and global markets from Wayne Cole. Singapore’s central bank sprang the surprise of the Asian day by halting its tightening cycle when…
By Chen Lin SINGAPORE (Reuters) – Singapore is likely to tighten monetary policy this month, for the sixth time in a row, amid persistent price pressures in the Asian financial…
BANGKOK (Reuters) – Thailand’s gradual, measured policy normalisation is still an appropriate approach, as the economy continues to recover on the back of increased tourism and domestic spending, the central…
SEOUL (Reuters) – A big majority of the Bank of Korea’s board members voted to hold interest rates steady at the Feb. 23 meeting but agreed it was premature to…
By Davide Barbuscia NEW YORK (Reuters) – The Federal Reserve’s pledge to redouble its inflation-fighting efforts is spooking some investors, who believe it may end up moving too aggressively after…
SEOUL (Reuters) – South Korea’s central bank said the lagged effects of its aggressive streak of monetary tightening would have a bigger negative impact on economic growth this year than…
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) – Indonesia’s central bank kept its key interest rate unchanged on Thursday, pausing after six consecutive hikes and stressing that the current…
By Joe Cash BEIJING (Reuters) – China should avoid a premature tightening of macro-economic policies as its economy is still not performing at its full potential despite rebounding from COVID-19,…
By Kantaro Komiya TOKYO (Reuters) – Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya, a close aide of incumbent chief Haruhiko Kuroda, is most likely to succeed him this spring,…
LOS ANGELES – A Tarzana man pleaded guilty today to federal criminal charges for running a nearly $6 million scheme in which he knowingly sold used skin-tightening medical devices…
By Vuyani Ndaba JOHANNESBURG (Reuters) – The South African Reserve Bank will probably jack up interest rates by just 50 basis points more in early 2023 as signs of disinflation…
KIRON SKINNER And MATEO HAYDAR: China Is Tightening Its Grip In America’s Backyard Kiron Skinner And Mateo Haydar on November 26, 2022 The latest sign that America’s influence in the…
By David Milliken LONDON (Reuters) -The International Monetary Fund’s managing director, Kristalina Georgieva, said she had spoken with British finance minister Jeremy Hunt on Friday to welcome his latest plan…
By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Friday authorities should be vigilant to any downside risks stemming from the U.S. Federal Reserve’s monetary policy…
By Georgina Lee HONG KONG (Reuters) – A weak Hong Kong dollar and capital outflows have pushed the city’s interbank rates to 14-year highs and drained cash levels to their…
By Eileen Soreng (Reuters) – Gold prices will average $1,712.50 an ounce next year, rising from current levels, as an end to U.S. interest rate rises is expected to revive…
By Ananya Mariam Rajesh (Reuters) -Estee Lauder Cos Inc cut its full-year forecasts on Wednesday ahead of the most important holiday season, blaming lockdowns in China and American retailers cutting…
By Caroline Valetkevitch, Lewis Krauskopf and Sinéad Carew NEW YORK (Reuters) – Disappointing earnings from the megacap companies that led markets higher for years are cratering their shares and sending…
LONDON (Reuters) – The Bank of England should consider giving markets “some comfort” around its quantitative tightening timetable, and will likely push back the long-anticipated policy change until later this…
By John Revill ZURICH (Reuters) – Overnight deposits held by the Swiss National Bank plunged by 77.5 billion Swiss francs ($78.32 billion) last week, their biggest ever weekly fall, the…
(Reuters) – The Federal Reserve’s previous experience with reducing its balance sheet will be a “useful guide” for assessing when the central bank should stop that process this time, the…