© Reuters. FILE PHOTO: A man walks past an Ant Group logo at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 8, 2021. REUTERS/Yilei Sun BEIJING (Reuters) -China’s central bank said on Friday it had accepted the application to set up a personal credit-scoring joint venture backed by Alibaba (NYSE:BABA)’s fintech affiliate Ant…
© Reuters. FILE PHOTO: Shoppers wearing protective face masks, amid the coronavirus disease (COVID-19) pandemic, are seen inside a souvenir shop along the Kokusai-dori in the prefectural capital Naha, on the southern island of Okinawa, Okinawa prefecture, Japan, Oct TOKYO (Reuters) – Core consumer prices in Tokyo rose at the fastest pace in over a…
Bank of Korea Raises Rates Again, Sees Faster Inflation (Bloomberg) — The Bank of Korea raised interest rates for the second time since August as it tries to avert asset bubbles and prevent inflation from escalating further. The central bank’s decision Thursday to lift the policy rate by 25 basis points to 1% was expected…
© Reuters. FILE PHOTO: A row of newly built apartment blocks is seen in the suburb of Epping, Sydney, Australia February 1, 2019. REUTERS/Tom Westbrook By Vivek Mishra BENGALURU (Reuters) – Australia’s soaring house price inflation rate will lose altitude next year and in 2023, but prices are still expected to rise in one of…
© Reuters. FILE PHOTO: The Bank of Mexico logo is seen on the facade of an office building in downtown Mexico City, Mexico, June 22, 2017. REUTERS/Edgard Garrido MEXICO CITY (Reuters) – The Mexican government’s pick to be the next central bank governor, Victoria Rodriguez, said on Wednesday that if ratified in the post, she…
© Reuters. FILE PHOTO: A site fence is placed in front of the Austrian National Bank (OeNB) building in Vienna, Austria, June 15, 2018. REUTERS/Heinz-Peter Bader VIENNA (Reuters) – Risks from insufficiently cautious mortgage lending are increasing amid Austria’s housing market boom, the central bank said on Wednesday, stressing that such loans need close scrutiny.…
© Reuters. By Geoffrey Smith Investing.com — President Joe Biden is set to announce a coordinated release of strategic petroleum reserves with other big importers, aimed at taking the froth off fuel prices. Zoom Video stock tumbles as its earnings fail to answer questions about its long-term future. Stocks are still under pressure after being…
© Reuters. FILE PHOTO: FILE PHOTO: Shoppers carry bags of purchased merchandise at the King of Prussia Mall, United States’ largest retail shopping space, in King of Prussia, Pennsylvania, U.S., December 8, 2018. REUTERS/Mark Makela By Jonnelle Marte (Reuters) – U.S. consumers showed stronger demand for credit this year and applications for credit overall rebounded…
2/2 © Reuters. FILE PHOTO: New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021. REUTERS/Nir Elias/Illustration/File Photo 2/2 By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel is expected to leave short-term interest rates unchanged this week, its 13th such decision in a row, though some analysts believe it…
© Reuters. FILE PHOTO: Birds fly near the U.S. Capitol in Washington, U.S., October 4, 2021. REUTERS/Kevin Lamarque By Susan Heavey WASHINGTON (Reuters) – Fresh off securing U.S. House of Representatives passage of President Joe Biden’s social and environmental spending plan, his fellow Democrats are pressing ahead with it in the Senate, where the bill…
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