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Indonesia central bank says monetary policy to remain pro-stability

Indonesia central bank says monetary policy to remain pro-stability

4/4 © Reuters. Governor of Bank Indonesia Perry Warjiyo speaks during the annual meeting of Indonesia’s central bank with its financial stakeholders in Jakarta, Indonesia, November 30, 2022. REUTERS/Willy Kurniawan 2/4 JAKARTA (Reuters) – Indonesia’s central bank governor Perry Warjiyo said on Wednesday that monetary policy will remain pro-stability and that energy subsidies next year…

Cuba wins China debt relief, new funds

Cuba wins China debt relief, new funds

© Reuters. Cuba’s President Miguel Diaz-Canel attends a wreath-laying ceremony at the Monument to the People’s Heroes at Tiananmen Square in Beijing, China, November 25, 2022. Alejandro Azcuy/Courtesy of Cuban Presidency/Handout via Reuters By Marc Frank HAVANA (Reuters) – China has agreed to restructure Cuban debt and provide new trade and investment credits to the…

France’s Le Maire: Europe must defend its economic interests against U.S. subsidy package

France’s Le Maire: Europe must defend its economic interests against U.S. subsidy package

© Reuters. FILE PHOTO: French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire arrives for a meeting at the Elysee Palace in Paris, France, Nov. 8, 2022. REUTERS/Benoit Tessier/File Photo PARIS (Reuters) – France may try to negotiate some exemptions from the duties and limits imposed by the U.S. anti-inflation act but…

Brazil to allow credit fintechs to initiate payment transactions

Brazil to allow credit fintechs to initiate payment transactions

BRASILIA (Reuters) -Brazil’s National Monetary Council on Friday decided to allow credit fintechs to initiate payment transactions, the central bank said, a move that will in practice clear them to provide payment services to consumers and business establishments. To operate as payment initiators, fintechs currently need to open another company specifically for this purpose. With…

Sri Lankan central bank threatens administrative measures to bring down market rates

Sri Lankan central bank threatens administrative measures to bring down market rates

© Reuters. FILE PHOTO: People walk past the main entrance of the Sri Lanka’s Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) – Sri Lanka’s central bank on Thursday threatened administrative intervention to control high market interest rates that it regarded as out of…

U.S. yields sink with dollar on dovish Fed bets; HK shares dip

U.S. yields sink with dollar on dovish Fed bets; HK shares dip

© Reuters. FILE PHOTO: A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying various countries’ stock indexes including Russian Trading System (RTS) Index which is empty, outside a brokerage in   US500 +0.59% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to:…