US corporate bond spreads widen as hopes dim for soft landing
By Matt Tracy (Reuters) – U.S. corporate bond spreads widened on Tuesday and are expected to widen further after the latest jobs data helped confirm many investors’ expectations of higher-for-longer U.S. interest…
Russian 2023 budget deficit to widen as price caps take effect – Scope
BERLIN (Reuters) – Lower revenues from oil and gas exports will significantly widen Russia’s budget shortfall this year, according to an analysis from the European ratings agency Scope obtained by Reuters on…
South Korea’s Yoon prepares to widen back-to-work order amid truckers’ strike
By Choonsik Yoo and Josh Smith SEOUL (Reuters) – South Korean President Yoon Suk-yeol on Sunday ordered preparations for widening a back-to-work order beyond the cement industry amid a prolonged truckers’ strike.…
Volatility in yuan spurs bets China will widen its band
SHANGHAI (Reuters) – As macroeconomic risks induce unprecedented levels of volatility in China’s yuan, investors are betting that authorities may widen the currency’s tight trading band for first time since 2014 to…
Exclusive-Vietnam may widen dong trading band again to conserve FX reserves – source
HANOI (Reuters) – Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading band with the U.S. dollar again, in order to conserve its shrinking…
Ukraine military successes may widen winter sowing area- farm ministry
KYIV (Reuters) – The successes of the Ukrainian army, which has liberated a significant territory in the northeast and south of Ukraine, may improve the forecasts of the winter sowing area for…
‘Widen The Racial Wealth Gap’: Economist Breaks Down Effects Of Biden’s Student Loan Scheme
‘Widen The Racial Wealth Gap’: Economist Breaks Down Effects Of Biden’s Student Loan Scheme Harold Hutchison on August 23, 2022 An economics professor from Johns Hopkins University said during a Tuesday CNN…
U.S. light, heavy oil-price spreads widen as gasoline demand grows
By Arathy Somasekhar HOUSTON(Reuters) – Price differences between U.S. light and heavy crude oil grades have been widening, pricing data showed, as refiners around the world have been snapping up less-dense crude…
EU cracks widen over Ukraine as Italy, Hungary urge truce
By Francesco Guarascio BRUSSELS – Italy and Hungary have urged the EU to call explicitly for a ceasefire in Ukraine and peace talks with Russia, putting themselves at odds with other member…
Tunisia’s current account deficit to widen to 10% of gdp in 2022
TUNIS – Tunisia’s current account deficit is expected to widen to around 10% of GDP in 2022, against 6.8% initially forecast, the central bank governor said on Friday, as the North Africa…
COVID-related diabetes may be temporary; racial disparities widen with Omicron infections
By Nancy Lapid – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be…
Russia to widen trade, economic ties with Asia after Western sanctions
MOSCOW – Russia’s economy ministry on Friday said it was working on measures to minimise the effect of Western sanctions imposed after Russia’s invasion of Ukraine and would be stepping up trade…
Spanish banks widen cashier services for elderly to tackle exclusion
By Jesús Aguado MADRID – Under pressure from a campaign by a 78-year-old pensioner against financial exclusion of elderly people in the digital age, Spanish banks have agreed to extend cashier services…
U.S. corporate bond spreads widen as investors de-risk on hawkish Fed
By Davide Barbuscia NEW YORK – Investors sold U.S. corporate high-yield and investment-grade bonds on Friday, moving in step with weakness in equity markets and in a sign of risk aversion amid…
Breaking News
