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Economic development in Asia still faces many challenges, China minister says

Economic development in Asia still faces many challenges, China minister says

© Reuters. FILE PHOTO: Chinese Commerce Minister Wang Wentao speaks at a news conference in Beijing, China March 2, 2023. REUTERS/Florence Lo/File Photo BEIJING (Reuters) – Economic and trade development in the Asia-Pacific still faces many disturbances and challenges, China’s commerce minister Wang Wentao said. Wang made the comments at the Asia-Pacific Economic Cooperation (APEC)…

US credit default swaps flash default warning and speculators rush in

US credit default swaps flash default warning and speculators rush in

© Reuters. FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration/File Photo   SPGI +0.85% 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…

Sri Lanka could wrap up debt restructure talks by Sept, president says

Sri Lanka could wrap up debt restructure talks by Sept, president says

© Reuters. FILE PHOTO: Japan’s Prime Minister Fumio Kishida attends a bilateral meeting held by U.N. Secretary General Antonio Guterres (not pictured), on the sideline of the G7 leaders’ summit in Hiroshima, western Japan May 21, 2023. REUTERS/Androniki Christodoulo By Tetsushi Kajimoto TOKYO (Reuters) -Crisis-stricken Sri Lanka should be able to conclude newly launched debt…

Greek party leaders to meet for coalition talks, open way for new elections

Greek party leaders to meet for coalition talks, open way for new elections

© Reuters. Greek Prime Minister Kyriakos Mitsotakis walks at the Presidential Palace, at a meeting with Greek President Katerina Sakellaropoulou, to receive an official mandate to try to form a coalition government after the general election, in Athens, Greece, May By Lefteris Papadimas ATHENS (Reuters) – Greece’s president will appoint a caretaker prime minister on…

India’s RBI chief says inflation moderated, flags El Nino worries

India’s RBI chief says inflation moderated, flags El Nino worries

© Reuters. FILE PHOTO: Shaktikanta Das, governor of the Reserve Bank of India, participates in a news conference at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz NEW DELHI (Reuters) -India’s inflation has moderated, but lingering weather-related uncertainties still pose headwinds,…