BoE announces June rate decision at 1100 GMT Bank expected to keep rates at 16year high of 5.25 Economists expect August rate cut, markets tend later UK inflation back at 2 target but likely to rise again LONDON, June 20 Reuters Britain39;s central bank looks on course to hold interest rates at a 16year high […]

BEIJING, June 19 Reuters Chinese automakers have urged Beijing to hike tariffs on imported European gasolinepowered cars in retaliation for Brussels39; curbs on Chinese EV exports, the statebacked Global Times newspaper said on Wednesday. In a closeddoor meeting on Tuesday also attended by European car companies, China39;s auto industry called on the government to adopt […]

SYDNEY, June 18 Reuters Australia39;s central bank held interest rates steady on Tuesday as expected, while reiterating that it was not ruling out further increases if needed to control inflation. Wrapping up its June policy meeting, the Reserve Bank of Australia RBA kept rates at a 12year high of 4.35, where they have been since […]

June 17 Reuters Britain39;s manufacturers want the next government to deliver a formal industrial strategy and forge closer trade ties with the European Union, according to a survey published by the sector39;s own trade body on Monday. Make UK said these two issues were top priorities for a majority of the more than 300 manufacturing […]

LONDON, June 14 Reuters Any lingering hopes Prime Minister Rishi Sunak might still have for a preelection interest rate cut will probably be dashed next week, when the Bank of England looks set to signal that lower borrowing costs await Britain39;s next government instead. The BoE has been inching towards a first reduction in rates […]

BOJ keeps shortterm rate target unchanged at 00.1 Board keeps bond buying pace at 6 trln yen per month BOJ to lay out details on bondtaper plan at July meeting Yen, Japan yields fall on view BOJ cautious on policy Governor Ueda to brief media at 0630 GMT TOKYO, June 14 Reuters The Bank of […]

HONG KONG, June 13 Reuters The Hong Kong Monetary Authority HKMA left its base rate through the overnight discount window unchanged at 5.75 on Thursday, tracking a move by the U.S. Federal Reserve to leave rates unchanged. The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as […]

TOKYO, June 10 Reuters Japan39;s government will highlight the need to work closely with the central bank and guide policy flexibly in the wake of soft consumption and uncertainty over the inflation outlook, a draft of its annual economic blueprint seen by Reuters showed. Monetary policy has entered a new stage, which required the government […]

Governing ANC faces worst result since end of apartheid President Cyril Ramaphosa39;s leadership in question ANC will need to seek coalition partners to govern Parliament will elect the next president MIDRAND, South Africa, May 31 Reuters South African parties geared up for coalition talks on Friday as the governing African National Congress ANC looked set to fall […]

ECB to cut deposit rate to 3.75 from 4.0 Lagarde likely to stress no room for complacency Recent data points to stronger growth, inflation FRANKFURT, June 6 Reuters The European Central Bank is all but certain to cut interest rates from record highs on Thursday and acknowledge it has made progress in its battle against […]