Tag: Economy

© Reuters. FILE PHOTO: A general view of Mumbai’s central financial district, India, November 22, 2017. REUTERS/Danish Siddiqui/File Photo By Swati Bhat MUMBAI (Reuters) -India’s current account deficit narrowed more than expected in the July-September quarter largely due to a lower merchandise trade deficit while services exports also grew, the central bank said in a…

© Reuters. FILE PHOTO: The “Computer Village” is pictured in the Ikeja district in Nigeria’s commercial capital Lagos, Nigeria August 31, 2020. Picture taken August 31, 2020. REUTERS/Temilade Adelaja/File Photo LAGOS (Reuters) – Nigeria’s central bank has lifted a ban on transacting in cryptocurrencies, while saying global trends had shown a need to regulate such…

The Fed’s favored inflation gauge is now trending at the central bank’s preferred 2% target, based on data compiled over the past six months…

© Reuters. FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo (Reuters) – The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) on Thursday detailed its plan for granting access to new data about shell company ownership…

© Reuters. A South Korea won note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/Files SEOUL (Reuters) – South Korea’s commercial banks will provide 2 trillion won ($1.53 billion) to support small businesses, the organisation representing the lenders said on Thursday, amid political and regulatory pressure to share more of their profits…

FedEx is gaining back market share from UPS but still faces tighter margins and profit pressures at its Express division…

The Bank of Japan Tuesday followed the Fed’s dovish lead, fanning a global market rally tied to bets on easy central-bank rate policies next year…

© Reuters. Bank Indonesia’s logo is seen at Bank Indonesia headquarters in Jakarta, Indonesia, September 2, 2020. REUTERS/Ajeng Dinar Ulfiana/file photo   SCGLY -0.56% 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…

© Reuters. FILE PHOTO: Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz/File Photo SYDNEY, Dec 19 (Reuters) – Australia’s central bank considered hiking interest rates for a second straight month in December, but decided there were enough encouraging signs on inflation to pause…

When a company files for Chapter 11 bankruptcy, its customers still have some hope, but once a liquidation happens things become bleak…