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Philippines’ finance minister says no reason for rate hike

Philippines’ finance minister says no reason for rate hike

© Reuters. FILE PHOTO: Philippine Finance Secretary Benjamin Diokno attends an economic briefing following President Ferdinand Marcos Jr’s first State of the Nation Address, in Pasay City, Metro Manila, Philippines, July 26, 2022. REUTERS/Lisa Marie David MANILA (Reuters) – The Philippine central bank has no reason to raise interest rates further as domestic inflation is…

Tighter ECB policy could push up bad debt levels

Tighter ECB policy could push up bad debt levels

© Reuters. FILE PHOTO: A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker FRANKFURT (Reuters) – European Central Bank interest rate hikes are in their final stretch, ECB Vice President Luis de Guindos told an Italian newspaper, while warning that higher borrowing…

Australia trade minister ‘pleased’ with trade talks in China

Australia trade minister ‘pleased’ with trade talks in China

© Reuters. FILE PHOTO: Printed Chinese and Australian flags are seen in this illustration, July 21, 2022. REUTERS/Dado Ruvic/Illustration   Copper +0.39% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100…

Yellen hopeful of a solution to ‘more difficult’ debt ceiling showdown

Yellen hopeful of a solution to ‘more difficult’ debt ceiling showdown

© Reuters. FILE PHOTO: US Treasury Secretary Janet Yellen (R) speaks during a meeting with Japan’s Finance Minister Shunichi Suzuki at the G7 Finance Ministers and Central Bank Governors’ Meeting in Niigata on May 13, 2023. KAZUHIRO NOGI/Pool via REUTERS By Andrea Shalal NIIGATA, Japan (Reuters) -Treasury Secretary Janet Yellen on Saturday called a showdown…