News
Three of Brazil's nine central bank seats to be empty at policy meeting
17+ hour, 1+ min ago (130+ words) WHTC Three of Brazil's nine central bank seats to be empty at policy meeting SAO PAULO, April 28 (Reuters) " Brazil's central bank said "on Tuesday "that director Rodrigo Alves Teixeira will not attend this week's "monetary "policy meeting " due to " the…...
Factbox-Main measures announced in Canada economic statement
1+ day, 13+ min ago (44+ words) OTTAWA, April 28 (Reuters) - Here are some of the main new measures that the Canadian government announced in a spring economic statement on Tuesday. * "a new nationwide effort to recruit, train, and hire 80, 000 to 100, 000 new skilled trade workers by. .....
China’s industrial profit growth quickens even as Iran war heightens risks
2+ day, 18+ hour ago (82+ words) BEIJING, April 27 (Reuters) - Profits at China's industrial firms grew at their quickest pace in half a year last month, adding to broader signs of an uneven economic recovery in the first quarter as policymakers brace for the "impact of the…...
Russia's Nabiullina on rate cut, outlook and the economy
5+ day, 7+ hour ago (387+ words) MOSCOW, April 24 (Reuters) " Russian Central Bank Governor Elvira Nabiullina addressed a press conference on Friday after the central bank cut its key rate by 50 basis points to 14. 5%. Nabiullina spoke in Russian. The quotes below were translated into English by Reuters....
A fragile hold: Five questions for the ECB
5+ day, 16+ hour ago (740+ words) By Yoruk Bahceli and Stefano Rebaudo LONDON, April 24 (Reuters) " The European Central Bank meets next Thursday, with an Iran war ceasefire easing the pressure on it for an immediate interest rate hike. But with the status of peace talks unclear…...
India's central bank in talks with global regulators, banks to review Mythos risks, sources say
1+ week, 10+ hour ago (442+ words) By Ashwin Manikandan and Gopika Gopakumar MUMBAI, April 22 (Reuters) " India's central bank is in talks with global regulators, Indian lenders and government officials to understand the potential risks posed by Anthropic's new artificial intelligence model Mythos, three "sources said. The…...
South African inflation picks up to 3. 1% y/y in March, as expected
6+ day, 14+ hour ago (151+ words) JOHANNESBURG, April 22 (Reuters) " South Africa's headline consumer inflation quickened to 3. 1% year on "year in March from "3. 0% in February, statistics agency data showed on Wednesday. The slight increase was in line with the median "forecast "in a "Reuters poll of economists,…...
Bond investors propose crisis "pause clauses" for emerging countries
1+ week, 1+ day ago (416+ words) JOHANNESBURG, April 20 (Reuters) " Major bond investors including Amundi and T. Rowe Price have proposed adding clauses to sovereign bonds that would allow emerging countries to pause debt payments for up to a year "without defaulting in the event of a crisis....
UK consumer morale slides to lowest since mid-2023, surveys show
1+ week, 1+ day ago (371+ words) April 20 (Reuters) " British consumer morale last month hit its lowest level since mid-2023, according to two surveys on Monday, reflecting the impact of the conflict in the Middle East. Inflation in Britain " "already the highest among the Group of Seven advanced…...
Citadel's Ken Griffin says Iran war threatens global recession
2+ week, 1+ day ago (287+ words) WASHINGTON, April 14 (Reuters) " Billionaire investor Ken Griffin warned on Tuesday that the world could face a global recession if the Strait of Hormuz remains "closed for a prolonged period. "This really is a "very, very treacherous moment for the world…...