KARACHI, Nov 1 Reuters Pakistan39;s central bank is expected to cut its key interest rate further at its policy meeting on Monday, with policymakers continuing their efforts to revive a fragile economy as inflation eases off recent record highs. The central bank, the State Bank of Pakistan, has slashed the benchmark policy rate to 17.5 […]

The central bank says further rate hikes possible Inflation is not slowing down Inflationary expectations highest since the start of the year Key rate higher than at the start of the conflict in Ukraine MOSCOW, Oct 25 Reuters Russia39;s central bank hiked its key interest rate by 200 basis points on Friday to 21, the […]

BRUSSELS, Oct 25 Reuters The European Union and China have agreed to hold further technical negotiations soon on possible alternatives to tariffs on Chinabuilt electric vehicles, although significant gaps remain, the European Commission said on Friday. The EU is set to impose additional tariffs of up to 35.3 next week on electric vehicles built in China at […]

BOJ meets Oct 3031, decision expected 03300430GMT Thursday Board likely to keep shortterm rates steady at 0.25 No big change expected to growth, inflation forecasts BOJ may modify view on risks, may signal progress on wage front Governor Ueda to brief media 0630GMT Thursday WASHINGTON, Oct 25 Reuters The Bank of Japan is set to […]

Weaker Germany, domestic demand factors for potential easing Services prices may be new inflation hotbed Inflation likely to breach 3 in December before drop in 2025 PRAGUE, Oct 24 Reuters The Czech National Bank can continue easing monetary policy amid weaker growth abroad and a slow domestic demand recovery, but must be mindful of inflation […]

Trump39;s policies could increase volatility in region, with focus on Mexico Harris win may lower tariff risk, benefiting EM assets in general Remittance tax of 10 would hurt Central America Oct 21 Latin America is anxiously counting the days to Nov. 5, when U.S. voters will choose between relative continuity under Vice President Kamala Harris […]

SHANGHAISINGAPORE, Oct 21 Reuters China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy. The oneyear loan prime rate LPR was lowered by 25 basis points to 3.10 from 3.35, while the […]

WASHINGTON, Reuters The United States will use restrictive tools like tariffs to push back against China39;s practice of making far more goods than it needs in order to dominate global markets, White House official Daleep Singh said on Thursday. Singh, deputy national security adviser for international economics, said the Asian giant has amassed growing market power […]

SBV is open to the possibility of further rate cuts Bank lending rose 9 as of September 30 from end2023 Vietcombank, MBBank takeover Construction Bank, Oceanbank respectively HANOI, Oct 17 Reuters Vietnam can still meet its economic growth target this year despite the extensive damage caused by Typhoon Yagi and is open to the possibility […]

BENGALURU, Oct 17 Reuters The Bank of Canada will cut its overnight rate by 50 basis points on Oct. 23 as price pressures ease, according to twothirds of economists polled by Reuters who however failed to reach a consensus on where rates would be two months from now. Headline inflation declined more than expected to 1.6 last […]