RIYADHDUBAI, Jan 10 Reuters For private equity investor Imad Ghandour changes in Saudi Arabia39;s laws are prompting a rethink and his firm may buy, for the first time, minority stakes in the kingdom39;s companies. It is exactly an effect the country39;s leaders are aiming for as they seek to woo billions of dollars in new […]

NEW DELHI, Jan 8 Reuters Japan restated the importance for early completion of signing of a Memorandum of Understanding MoU between Sri Lanka and creditor nations on debt restructuring, after an agreement was reached in principle late last year. It also emphasised the need to ensure transparency and comparability in agreements with creditors outside the […]

JERUSALEM, Jan 1 Reuters The Bank of Israel lowered shortterm borrowing rates for the first time in nearly four years on Monday, becoming the first developed country to ease policy, while urging lawmakers to rein in spending that has soared during Israel39;s war with Hamas. In reducing interest rates for the first time since April […]

DUBAI, Dec 28 Reuters The sixmember Gulf Cooperation Council GCC and South Korea signed a free trade agreement FTA on Thursday in the Korean capital Seoul, the GCC said a statement. GCC Secretary General Jasem alBudaiwi said in the statement that the agreement is a historic step towards achieving Gulf economic integration and towards strengthening […]

Dec 22 Reuters China39;s state oil majors CNPC and CNOOC have both asked the U.S. government for exemptions from sanctions on a new Russian liquefied natural gas LNG export plant, a Beijingbased industry official with direct knowledge of the matter said. CNOOC Ltd and China National Petroleum Corp CNPC each have a 10 stake in the […]

Moody39;s has U.S. and China on downgrade warnings Turkey could see first upgrade in over a decade War strains put Israel at risk of first ever downgrade Panama could be junked, Oman lifted to investment grade LONDON, Dec 20 Reuters The U.S. and China on downgrade warnings, Turkey hoping for its first upgrade in a […]

FRANKFURT, Dec 18 Reuters The European Central Bank will need at least until spring before it can reassess its policy outlook and market expectations for an interest rate cut in March or April are premature, ECB policymaker Bostjan Vasle said on Monday. The ECB left interest rates unchanged last week and guided for steady policy in coming […]

Central bank hikes rates by 100 bps to 16 Governor Nabiullina says end of hiking cycle is near Analysts split on whether another increase is coming Next ratesetting meeting scheduled for Feb. 16 MOSCOW, Dec 15 Reuters Russia39;s central bank raised its key interest rate by 100 basis points to 16 on Friday, hiking borrowing […]

Central bank holds policy rate in 5.255.50 range Officials see 75 basis points of cuts next year Fed39;s 39;soft landing39; scenario still on the table WASHINGTON, Dec 13 Reuters The Federal Reserve left interest rates unchanged on Wednesday and U.S. central bank chief Jerome Powell said the historic tightening of monetary policy is likely over […]

HONG KONG, Dec 14 Reuters The Hong Kong Monetary Authority HKMA on Thursday left its base rate charged through the overnight discount window unchanged at 5.75, tracking a move by the U.S. Federal Reserve that kept rates steady. HSBC Holdings 0005.HK also said it kept its best lending rate in Hong Kong unchanged at 5.875. […]