Economy

Investors are grappling with the termination of three significant global economic trends, with the recent surge in long-term interest rates...

Wall Street brokerages raise China’s 2023 economic growth forecast

Australia’s Albanese to highlight trade on China visit as ties warm

By Kirsty Needham SYDNEY (Reuters) - Prime Minister Anthony Albanese will highlight trade as an anchor for stabilising ties when...

Central banks’ big pause spurs bruised bond investors to double down

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -Bond investors bruised by a record hiking cycle are increasing their positions,...

IMF to review Kenya’s debt reduction, Ethiopia’s reform program in progress

Fed’s rate halt and fiscal expansion could buoy emerging markets

The US Federal Reserve's decision to halt its rate-escalation cycle has brought some calm to equity markets, despite inflation exceeding...

Ripple effect seen on markets globally from Middle East conflict

CBN refutes cash scarcity concerns, attributes situation to panic withdrawals

In response to increasing public apprehension over apparent cash scarcity in Nigeria, the Central Bank of Nigeria (CBN) and its...

China warms to U.S. chipmaker Micron, as tensions with Washington ease

BEIJING (Reuters) - China's commerce minister told Micron Technology Inc (NASDAQ:)'s president Beijing would welcome the U.S. semiconductor company deepening...

Ukraine finance minister says donor ‘tiredness’ growing as war drags on

IFC doubles investment in Pakistan, pledges $1.5 billion for private sector growth

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a significant increase in its financial...

IMF closes Morocco meetings without consensus on funding terms, conflict language

German exports fall more than expected in September

BERLIN (Reuters) -German exports fell more than expected on the month in September, federal statistics office data showed on Friday,...

Singapore hopes for substantial IPEF progress by APEC

Ginnie Mae faces legal challenge over handling of RMF bankruptcy

The Office of Inspector General (OIG) at the U.S. Department of Housing and Urban Development (HUD) has launched an investigation...

Alaska Airlines slapped with lawsuit over off-duty pilot’s alleged attempt to crash passenger flight