News
JPMorgan marks down loan portfolios of private credit groups, FT reports
4+ hour, 11+ min ago (292+ words) March 11 (Reuters) " JPMorgan Chase has marked down the value of certain loans held by private-credit groups and is tightening its lending to the sector, the Financial Times "reported on Wednesday, citing people familiar with the matter. The "markdowns apply to…...
Oil price surge not ruining ECB’s ‘good place’, Sleijpen says
5+ day, 3+ hour ago (643+ words) AMSTERDAM, March 6 (Reuters) " The surge in energy prices this week is not yet enough to move European Central Bank policy from what is currently a "good place" and the bank can in any case tolerate a small overshoot of its…...
China targets ways to boost domestic demand for economic growth
1+ week, 4+ hour ago (243+ words) By Xiuhao Chen, Shi Bu and Liz Lee BEIJING, March 4 (Reuters) " China will increase its output of high-quality consumer goods and "foster new growth points for services "consumption in efforts to boost domestic demand aimed at propping up economic growth…...
ECB’s Lagarde again hints at completing term
1+ week, 6+ day ago (283+ words) FRANKFURT, Feb 26 (Reuters) " European Central Bank President Christine Lagarde hinted again at serving out her term to complete projects including the digital euro, in "a fresh pushback on Thursday against speculation about "an early exit. Lagarde repeated her "baseline" expectation…...
BOJ keeps rates steady, raises growth and inflation forecasts
1+ mon, 2+ week ago (131+ words) TOKYO, Jan 23 (Reuters) - The Bank of "Japan kept interest rates steady on Friday and raised its "economic and "inflation forecasts, signalling its readiness to continue hiking still-low borrowing "costs. As widely expected, "the central "bank maintain... BOJ keeps rates steady,…...
China likely to set 4.5%-5% growth target in 2026, SCMP reports
1+ mon, 2+ week ago (468+ words) BEIJING, Jan 23 (Reuters) " China is likely to set a 2026 official economic growth target of between 4.5% and 5%, the South China Morning Post reported on Friday, reflecting how even a $1.2 trillion trade surplus cannot shield the world's No.2 economy from slowing global…...
China’s home prices extend decline in December
1+ mon, 3+ week ago (141+ words) BEIJING, Jan 19 (Reuters) - China's new home prices extended "their decline in December, official data showed on Monday, underscoring persistent strains "in the "property sector despite repeated government pledges to stabilise it. Prices fell 0.4% mont... China's home prices extend decline in…...
China’s Q4 GDP growth slows to 3-year low, full-year pace meets official target
1+ mon, 3+ week ago (627+ words) BEIJING, Jan 19 (Reuters) " China's economic growth slowed to a three-year low in the fourth quarter as domestic demand softened, and while the full-year pace hit Beijing's target, trade tensions and structural imbalances pose significant risks to the outlook. The world's…...
Fed’s Miran says he’s looking for rate cut of 150 basis points this year
2+ mon, 2+ day ago (289+ words) WASHINGTON, Jan 5 (Reuters) " Stephen Miran, a Federal Reserve governor whose term ends at the end of January, said Thursday that he is looking for "150 basis points of interest-rate cuts this year to boost the U.S. labor market. Miran told Bloomberg Television's…...
India forecasts 2025/26 economic growth at 7.4%
2+ mon, 3+ day ago (271+ words) (Corrects 2023/24 GDP in paragraph 3 to 9.2% frm 8.2%) NEW DELHI, Jan 7 (Reuters) " India's economy is expected to grow 7.4% in the "fiscal year ending in March, the National Statistics Office said on Wednesday, above the government's initial projection of 6.3%-6.8%. India's first advance estimate…...