South Africans face more interest rate hike pain as inflation sticks
By Kopano Gumbi JOHANNESBURG South Africa's central bank will likely extend its tightening cycle and push rates cuts
2023-05-24 15:23
Taiwan central bank to weigh inflation, GDP in next rate decision
TAIPEI Taiwan will weigh both inflation and economic growth when deciding on its next interest rate decision in
2023-05-24 10:59
RBNZ raises cash rate by 25 bps to 5.5%
WELLINGTON New Zealand's central bank on Wednesday raised interest rates by 25 basis points to the highest in
2023-05-24 10:24
Japan manufacturers' mood turns positive as economy recovers
By Tetsushi Kajimoto TOKYO Business sentiment at big Japanese manufacturers turned positive for the first time this year
2023-05-24 07:26
Brazil's finance ministry lifts 2024 inflation estimate
BRASILIA Brazil's finance ministry on Tuesday lifted its 2024 inflation forecast to 3.63%, from 3.52%, and kept its
2023-05-24 04:19
Brazil finance minister says fiscal reforms will calm investors, central bank
BRASILIA Brazil's Finance Minister Fernando Haddad on Tuesday said that the government's new fiscal rules and a tax
2023-05-24 03:30
ECB must keep hiking to tame inflation 'poison', Deutsche Bank CEO says
BERLIN The European Central Bank needs to continue raising interest rates to tame the highest inflation in decades,
2023-05-24 02:59
US new home sales, business activity rise to 13-month highs
By Lucia Mutikani WASHINGTON Sales of new U.S. single-family homes jumped to a 13-month high in April, boosted
2023-05-24 00:28
US business activity rises to 13-month high in May, S&P Global survey shows
WASHINGTON U.S. business activity increased to a 13-month high in May, lifted by strong growth in the services
2023-05-23 22:52
Boeing CEO says supply chain pressure could continue through 2024
DOHA Boeing Chief Executive Dave Calhoun on Tuesday said it could take until the end of next year
2023-05-23 22:22
IMF no longer expects UK recession this year
The United Kingdom will no longer top the ranks of worst performing rich economies this year, according to the International Monetary Fund (IMF), which announced a major revision Tuesday to its previous gloomy forecast.
2023-05-23 18:46
Inflation tightens grip on UK services firms in worry for BoE -flash PMI
By William Schomberg LONDON Companies in Britain's services sector increased prices at a rapid pace in May as
2023-05-23 16:51