Strong Dollar Keeps Rate Hikes on Table for Asian Central Banks

Asian central banks are seen to raise interest rates over the next six months, with a stronger dollar

2023-10-30 10:16

H&M will 'phase out' operations in Myanmar after more worker abuse allegations

H&M has decided to stop operating in Myanmar following an increase in allegations of labor abuses at garment factories in the country.

2023-08-18 12:55

Banks tighten credit terms, see loan demand drop, Fed survey shows

U.S. banks tightened credit standards over the first months of the year and saw weakness in loan demand

2023-05-09 02:46

New IMF funds for Sri Lanka may face delay after review sees revenue shortfall

By Uditha Jayasinghe COLOMBO (Reuters) -The International Monetary Fund did not reach a staff-level agreement with Sri Lanka in its

2023-09-27 19:29

Pakistan, IMF reach $3 billion staff-level agreement

ISLAMABAD (Reuters) -The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement,

2023-06-30 11:50

Bunge to buy Viterra in $18 billion deal that would create an agricultural powerhouse

Bunge is buying Viterra in a deal valued at approximately $18 billion to great a global agricultural giant

2023-06-13 20:25

Nvidia's rising star gets even brighter with another stellar quarter propelled by sales of AI chips

Computer chip maker Nvidia has rocketed into the constellation of Big Tech’s brightest stars while riding the artificial intelligence craze that’s fueling red-hot demand for its technology

2023-08-24 05:23

Nigeria’s First-Quarter Capital Inflows Drop 28% From a Year Ago

Capital inflows into Nigeria, Africa’s most populous nation declined 28% in the three months through March to $1.1

2023-07-10 01:22

Charting the Global Economy: Euro-Area Recession Looks Likely

A recession in the euro area is looking increasingly likely as the economic downturn persists in the final

2023-11-25 18:20

Givaudan organic sales rise on higher prices, but currency effects weigh

By Jagoda Darlak and Matteo Allievi (Reuters) -Swiss fragrance and flavour maker Givaudan beat third-quarter organic sales expectations on Thursday,

2023-10-12 16:58

Ghana Set to Hold Rates on Inflation Expectations, Budget

Ghana’s central bank is poised to look past a recent quickening in inflation and keep interest rates on

2023-07-24 18:17

Surging Treasury yields upend stock market's "bond proxies"

By Lewis Krauskopf NEW YORK Soaring Treasury yields have stunned the U.S. equity market in recent weeks, with

2023-10-07 00:51