© Reuters. FILE PHOTO: The logo of the Bank of Korea is seen on the top of its building in Seoul, South Korea, July 14, 2016. REUTERS/Kim Hong-Ji/File Photo By Cynthia Kim and Joori Roh SEOUL (Reuters) -South Korea’s central bank kept interest rates steady on Tuesday, taking a breather after its first rate hike…
© Reuters. FILE PHOTO: An autonomous delivery vehicle by Damo is displayed at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 8, 2021. REUTERS/Yilei Sun LONDON (Reuters) -China has won the artificial intelligence battle with the United States and is heading towards global dominance because of its technological advances, the Pentagon’s former software…
© Reuters. FILE PHOTO: A ship docks at Keppel terminal in Singapore November 17, 2020. REUTERS/Edgar Su SINGAPORE (Reuters) – Singapore’s economy will stay on its recovery path in the third quarter but the global spread of the Delta coronavirus variant has clouded the outlook and will likely prompt the central bank to stay on…
© Reuters. FILE PHOTO: U.S. Senator Ted Cruz (R-TX) addresses a news conference on Capitol Hill in Washington, U.S., October 6, 2021. Picture taken October 6, 2021. REUTERS/Evelyn Hockstein/File Photo By Andrea Shalal WASHINGTON (Reuters) – The U.S. Treasury is being held hostage by Republican Senator Ted Cruz’s efforts to halt a Russia-to-Germany gas pipeline,…
© Reuters. FILE PHOTO: A man stands in front of the headquarters of Bank of Japan in Tokyo, Japan, May 22, 2020. REUTERS/Kim Kyung-Hoon/File Photo By Leika Kihara TOKYO (Reuters) -Japanese households’ inflation expectations rose in the three months to September, a survey showed on Monday, suggesting a global rise in raw material costs may…
© Reuters. FILE PHOTO: The Bank of England and the City of London financial district in London, Britain, November 5, 2020. REUTERS/John Sibley LONDON (Reuters) – Bank of England policymaker Michael Saunders told households to get ready for “significantly earlier” interest rate rises as inflation pressure mounts in the British economy, the Telegraph newspaper said…
© Reuters. FILE PHOTO: Bank of England Governor Andrew Bailey poses for a photograph on the first day of his new role at the Central Bank in London, Britain March 16, 2020. Tolga Akmen/Pool via REUTERS/File Photo (Removes extraneous word, paragraph 1) (Reuters) -Inflation running above the Bank of England’s target of 2.0% is concerning…
© Reuters. The sun sets behind the U.S. Capitol building in Washington, U.S., October 6, 2021. REUTERS/Leah Millis By Susan Cornwell and David Morgan WASHINGTON (Reuters) -The U.S. Senate on Thursday took a step toward passing a $480 billion increase in Treasury Department borrowing authority, a move that would avert a catastrophic debt default later…
© Reuters. FILE PHOTO: The Nasdaq logo is displayed at the Nasdaq Market site in New York September 2, 2015. REUTERS/Brendan McDermid/File Photo WASHINGTON (Reuters) – Nasdaq Inc Chief Executive Adena Friedman said on Wednesday that an extended delay in raising the U.S. debt limit would cause markets to react “very, very negatively.” During a…
© Reuters. FILE PHOTO: Secretary of Education Miguel Cardona gives an opening statement during a Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during the coronavirus disease (COVID-19) at Capitol Hill in Washington, D. WASHINGTON (Reuters) – The Biden administration on Wednesday announced changes to the federal student loan forgiveness program…
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