DAVOS, Switzerland, May 22 Reuters Russia would normally have its own house at the World Economic Forum as a showcase for business leaders and investors. This year the space on the dressedup main street in Davos has been transformed by Ukrainian artists into a Russian War Crimes House, portraying images of misery and devastation. Russia […]

LONDON, May 20 Reuters The Bank of England will need to raise interest rates further to combat the risk of selfperpetuating price rises, the central bank39;s chief economist, Huw Pill, said on Friday. Pill said the central bank was battling the biggest inflation challenge since it gained operational independence in 1997, with inflation at a […]

Several members flagged rising wages, prices at March meeting One member said Japan could see inflation spiral higher Some warned of risks to fragile recovery from Ukraine minutes BOJ keeps ultralow rates at March meeting TOKYO, May 9 Reuters Bank of Japan BOJ policymakers remained unwavering in their resolve to keep massive monetary stimulus, even […]

RBA raises cash rate 25 bps to 0.35 vs market forecast 0.25 Says further hikes will be needed to curb inflation Market narrows odds on rise to 0.75 in June RBA says pace not predetermined, could eventually get to 2.5 SYDNEY, May 3 Reuters Australia39;s central bank on Tuesday raised its cash rate by a […]

April 29 Reuters Russia39;s central bank lowered its key interest rate to 14 in a sharperthanexpected move on Friday and said it saw room for cutting rates further this year, as it tries to manage a shrinking economy and soaring inflation. The central bank met after it unexpectedly cut the key rate to 17 earlier […]

SYDNEY, April 29 Reuters Australia39;s central bank is in a bind as it contemplates its first interest rate increase in more than a decade, with its decision set to antagonise one of the main political parties just as it faces a sweeping review of past policies. It all comes down to timing. The LiberalNational government […]

BOJ keeps interest rate targets unchanged Guidance on keeping rates ultralow intact Board revises up inflation forecast to near 2 BOJ to offer fixedrate unlimited bond buying daily TOKYO, April 28 Reuters The Bank of Japan on Thursday strengthened its commitment to keep interest rates ultralow by vowing to buy unlimited amounts of bonds daily […]

April 21 Reuters The Russian central bank will assess a gradual key rate reduction at upcoming meetings, Governor Elvira Nabiullina said on Thursday. The central bank39;s emergency rate hike to 20 in late February helped stabilise the rouble and overcome a spike in inflation, Nabiullina said earlier, speaking at the lower house of parliament, the […]

SHANGHAI, April 20 Reuters China surprisingly kept its benchmark lending rates steady on Wednesday, with markets seeing the move as Beijing39;s cautious approach to rolling out more easing measures as the economy slows due to COVID19 lockdowns. In contrast to most major economies that have started to tighten monetary policy to combat inflation, China has […]

April 12 Reuters Airbus urged Europe on Tuesday not to block imports of titanium from Russia, saying sanctions on the strategic metal would damage aerospace while barely hurting Russia39;s economy. Widening the action taken after Russia39;s invasion of Ukraine to titanium, used in airplanes and jet engines, would not be appropriate, Chief Executive Guillaume Faury said […]