© Reuters. FILE PHOTO: Plastic letters arranged to read “Inflation” are placed on U.S. Dollar banknote in this illustration taken, June 12, 2022. REUTERS/Dado Ruvic/Illustration By Marc Jones LONDON (Reuters) – The world’s central bank umbrella body, the Bank for International Settlements (BIS), has called for interest rates to be raised “quickly and decisively” to…
© Reuters. FILE PHOTO: The White House is pictured from the West Wing Driveway in Washington, U.S., February 10, 2022. REUTERS/Tom Brenner ABOARD AIR FORCE ONE (Reuters) – The Group of Seven wealthy countries will address what they see as China’s use of forced labor and intellectual property theft and other issues, the White House…
© Reuters. FILE PHOTO: Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee SHANGHAI (Reuters) – China’s central bank said on Saturday it had signed an agreement with the Bank for International Settlements to establish a Renminbi Liquidity Arrangement (RMBLA) that will provide…
© Reuters. A Malaysia Ringgit note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/Files KUALA LUMPUR (Reuters) – Malaysia is expected to spend 77.3 billion ringgit ($17.6 billion) in subsidies and cash aid this year, the largest amount in history, to help temper the effects of rising prices, its finance minister said…
© Reuters. FILE PHOTO: A care worker assists a resident at Alexander House Care Home during the COVID-19 pandemic in Wimbledon, London, Britain, December 25, 2020. REUTERS/Hannah McKay LONDON (Reuters) – British public-sector health workers should receive an annual pay rise of 4-5% this year, a government advisory body plans to recommend, according to a…
2/2 © Reuters. A logo is pictured on the Credit Suisse bank in Geneva, Switzerland, June 9, 2022. REUTERS/Denis Balibouse 2/2 By Michelle Price and Sinead Cruise WASHINGTON/LONDON (Reuters) -The U.S. units of major European lenders including Deutsche Bank (ETR:DBKGn), Barclays (LON:BARC) and Credit Suisse sailed through the Federal Reserve’s annual “stress tests” on Thursday,…
© Reuters. FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File Photo By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. equities could see a 7% move up next week as investors rebalance their portfolios after a brutal first…
© Reuters. FILE PHOTO: People shop in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022. REUTERS/Andrew Kelly/File Photo (Reuters) -U.S. consumer sentiment fell to a record low in June, but Americans saw a marginal improvement in the outlook for inflation, a survey showed on Friday, a rare…
© Reuters. FILE PHOTO: People look toward the Queen Mary 2 cruise ship by Cunard Line, owned by Carnival Corporation & plc. as it sits docked at Brooklyn Cruise Terminal in Brooklyn, New York City, U.S., December 20, 2021. REUTERS/Andrew Kelly/File Photo (Reuters) -Carnival Corp on Friday forecast a core profit for the current quarter,…
© Reuters. FILE PHOTO: Egypt’s Central Bank headquarters are seen in downtown Cairo, Egypt, March 22, 2022. REUTERS/Mohamed Abd El Ghany (Reuters) -Egypt’s central bank kept its overnight interest rates unchanged on Thursday, saying that for the next six months it would tolerate elevated inflation, caused mainly by the Ukrainian conflict, as the economy grows…
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