Economy
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29Zambian Finance Minister Keen on Debt Re-negotiation, China Team Waiting
By Giorgina Do Rosario and Rachel Savage WASHINGTON/JOHANNESBURG (Reuters) – Zambia’s finance minister said on Saturday it was still not clear who...
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44The Bank of Japan’s Wakatabe says the recent volatility of the yen is too rapid and one-sided
by Leika Kihara WASHINGTON (Reuters) – Bank of Japan Deputy Governor Masazumi Wakabe said on Saturday that the yen’s recent swings are...
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34Bank of England’s Bailey says he and Hunt had “meet the minds” about public finances
WASHINGTON (Reuters) – Bank of England Governor Andrew Bailey said he and new British chancellor Jeremy Hunt agreed on the need to...
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33Bank of England governor has ‘meeting of minds’ with Hunt
By Howard Schneider and William Schomberg WASHINGTON (Reuters) – Bank of England Governor Andrew Bailey said there was an “immediate meeting of...
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33
The World Bank says Ukraine is experiencing a tenfold increase in poverty due to the war
By Andrea Shalal WASHINGTON (Reuters) – Russian attacks on civilian infrastructure in Ukrainian cities far from the front lines will complicate the...
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33Earn millions through automated trading
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30Analysis-oriented energy subsidies in the EU easier said than done – officials
by Jan Strupczewski WASHINGTON (Reuters) – European Union governments have pledged “targeted and temporary” support against rising energy prices to households and...
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28The International Monetary Fund predicts Mexico will close out 2022 with inflation of 8.0%.
The price scale in 2022, one of the strongest in recent decades globally, would leave Mexico with a level inflation 8.0% at...
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34
Britain’s Hunt postpones another tax cut to plug 72 billion tons of black hole – The Sunday Times
LONDON (Reuters) – Britain’s new Chancellor of the Exchequer Jeremy Hunt will delay a planned cut in the base rate of income...
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29
Minister of State Finance: Postponing the debt relief of Ethiopia in part due to the civil war
By Giorgina Do Rosario and Rachel Savage WASHINGTON/JOHANNESBURG (Reuters) – Delays in Ethiopia’s debt restructuring due to the failures of a new...
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35Peru’s economy grew 1.68% in August, the second lowest in the year
The Peruvian economy It grew 1.68% in August 2022, marking the second lowest rate for the year after July, when it grew...
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32The European Central Bank could start shrinking the balance sheet once interest rates reach neutral, says Knott
WASHINGTON (Reuters) – European Central Bank President Klaas Knott said on Saturday that the European Central Bank should consider starting to reduce...
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33
Finance Minister said Zambia is in contact with China and other creditors
JOHANNESBURG (Reuters) – Zambia remains in contact with China and all its other creditors as it continues to negotiate a debt restructuring,...
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24
Guedes says Brazil is seeking international support for the presidency of the Islamic Development Bank
(Reuters) – Brazil’s Economy Minister Paulo Guedes said the government is seeking international support for the country’s candidate to head the Inter-American...
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30
Zimbabwe to engage with World Bank, IMF on debt settlement of international financial institutions, says finance minister
JOHANNESBURG (Reuters) – Zimbabwe is engaged with the World Bank and the International Monetary Fund on how to liquidate its debt with...
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51
Vietnam’s VinFast recalls a third of its electric cars sold to replace sensors
HANOI (Reuters) – Vietnam’s VinFast said Saturday it will recall 730 of its VF (NYSE::) e34 electric vehicles (EVs), available only in...
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38
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30
Bank of Korea governor says policy guidance is more difficult with won weak
SEOUL (Reuters) – South Korea’s central bank governor said on Saturday that external factors, such as tightening U.S. policy, supporting the dollar...
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37
Georgieva meets with Egypt and Tunisia, confident that the International Monetary Fund โwill support themโ
By Andrea Shalal WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said she will meet on Saturday with delegations from...
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26
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34
China sees partial renewal of policy loans at flat rate – Reuters poll
A Reuters survey showed that China’s central bank may drain liquidity next Monday through a partial renewal of medium-term loans, while keeping...
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25
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33
Nagel says the ECB needs more rate hikes, and a smaller budget
WASHINGTON (Reuters) – European Central Bank President Joachim Nagel said on Saturday that the European Central Bank needs several more rate hikes...
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56Kentucky Fried Chicken CEOs choose to retire as interest rates hit pension payments – The Wall Street Journal
(Reuters) – Three top Kentucky Fried Chicken executives have told the parent company of U.S. fried chicken chain Yum Brands Inc that...
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26
One in five Britons turns to mortgage pain – think tank
LONDON (Reuters) – One in five British families will take a financial hit from having to pay more for their mortgages between...
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40IMF chief Georgieva says ‘big policy issues’ resolved in talks with Egypt
Written by Andrea Shallal and Omar Fahmy WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Friday that IMF...
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32
Pakistan seeks to reschedule $27 billion for bilateral debt finance minister
By David Lauder and Giorgina de Rosario WASHINGTON (Reuters) – Pakistan’s new Finance Minister Ishaq Dar told Reuters on Friday he would...
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30
Hungarian government expands scheme setting mortgage rates – government decree
BUDAPEST (Reuters) – The Hungarian government has expanded its current scheme setting mortgage rates starting on November 1 to include mortgages with...
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29
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28
How hedging Britain’s pension scheme became a trillion pound gamble
Written by Tommy Wilkes and Carolyn Cohn LONDON (Reuters) – It started simple enough: Britain’s pension systems were looking for a way...