News
Japan in "early innings" of more corporate buyout activity, Goldman Sachs says
11+ hour, 45+ min ago (395+ words) By Jun Yuan Yong and Yantoultra Ngui SINGAPORE, July 9 (Reuters) " Corporate buyout and private equity activity in Japan is in the "early innings" and the country's stock market is well placed for consolidation, Goldman Sachs "Asset Management's Stephanie Hui told…...
Mexico expects economy to outperform IMF projections
23+ hour, 26+ min ago (160+ words) MEXICO CITY, July 8 (Reuters) " Mexico Finance Minister Edgar Amador said on Wednesday that "he expects the economy "to perform better than the latest projections by the International Monetary Fund. Amador's comments in a press conference "came "after the IMF "lowered…...
ADB raises developing Asia 2026 growth forecast to 4. 9%
1+ day, 9+ min ago (641+ words) MANILA, July 8 (Reuters) " The Asian Development Bank sees a slight improvement in the growth outlook for developing Asia and the Pacific this year, though still below "earlier projections due to the fallout of the Middle "East crisis. "The Middle East…...
Fed minutes due as analysts debate whether Warsh will curtail them
1+ day, 4+ min ago (647+ words) July 8 (Reuters) " A critical readout on Wednesday of the first Federal Reserve policy meeting overseen by Chairman Kevin Warsh may offer greater insight into the "family fight" the new central bank leader said unfolded over two days last month as…...
UK will need vast fiscal tightening to avert debt spiral, OBR predicts
2+ day, 1+ hour ago (542+ words) MANCHESTER, England, July 7 (Reuters) " Britain will need extra tax rises or spending cuts equivalent to the entire education budget early next decade to prevent government debt spiralling higher from current levels, the Office for Budget Responsibility said on Tuesday. The…...
Exclusive-War threatens Russian banking crisis, European intelligence report says
3+ day, 5+ hour ago (858+ words) PARIS/BERLIN, July 6 (Reuters) " Russia risks an "explosive" banking crisis because lenders are shouldering much of the burden of the country's war economy, a European state intelligence report seen by Reuters has warned, as the European Union readies a raft…...
Bank of England could boost bond demand with leverage rule tweak, banks say
3+ day, 3+ hour ago (829+ words) LONDON, July 6 (Reuters) " The Bank of England could give Britain's government bond market a boost this week and lower public borrowing costs by more than "1 billion ($1. 3 billion) a year, banks say " but some former regulators warn a change in rules…...
Kenya private sector activity picks up in June, PMI shows
6+ day, 5+ hour ago (103+ words) NAIROBI, July 3 (Reuters) " Kenya's private sector activity picked up "in June, "breaking a run of three previous monthly contractions, a survey showed "on "Friday. The "Stanbic Bank Kenya "Purchasing Managers' Index rose to 50. 0 in June from 46. 6 "a month earlier. Readings…...
Wall St futures muted as investors await payrolls data | 1330 & 101. 5 WHBL
1+ week, 4+ hour ago (428+ words) July 2 (Reuters) " U. S. stock index futures were subdued on Thursday as investors remained on the sidelines ahead of the June employment report, while a lack of progress in negotiations to end the Middle East war "also weighed on sentiment. Markets had…...
ECB's inflation fears linger despite oil price retreat
1+ week, 1+ day ago (369+ words) SINTRA, Portugal, June 30 (Reuters) " European Central Bank policymakers welcomed the recent drop in oil prices on Tuesday but warned that energy costs remain high and the shock will linger in the "economy for some time, fuelling price pressures. The ECB…...