ZURICH, Oct 10 Reuters The Swiss National Bank could cut interest rates again this year, Vice Chairman Antoine Martin said on Thursday, citing the current moderate economic growth in the country and low inflation. With inflation being reasonably low in Switzerland and with an economy that could grow faster, that tends in the direction of […]

BOK voted 61 to cut policy rates to 3.25 Board member Chang Yongsung voted to keep rates unchanged Six of seven board members back steady rate for next three months SEOUL, Oct 11 Reuters South Korea39;s central bank cut interest rates for the first time since mid2020 on Friday and flagged there was room to […]

MUMBAI, Oct 9 Reuters The Reserve Bank of India RBI kept its key interest rate unchanged on Wednesday as widely expected, but changed its policy stance to neutral, opening the door for rate cuts as early as December. The Monetary Policy Committee MPC, which consists of three RBI and three external members, kept the repo rate unchanged […]

RBNZ39;s outsized cut prompts bets for another 50 bp cut in Nov RBNZ says inflation is within 13 target, sees subdued economy New Zealand dollar slips, swaps fall on dovish policy stance WELLINGTON, Oct 9 Reuters New Zealand39;s central bank slashed rates by 50 basis points on Wednesday and said policy is still restrictive even […]

BEIJINGLONDON, Oct 8 Reuters China has imposed temporary antidumping measures on brandy imports from the European Union after the 27state bloc voted for tariffs on Chinamade electric vehicles EVs. Below are details on China39;s multiple probes into EU industries BRANDY The Chinese commerce ministry said that dumping of brandy from the EU was threatening China39;s own brandy sector with […]

MUMBAI, Oct 7 Reuters India39;s central bank is likely to keep rates steady on Wednesday, with a small number of investors betting on the probability of a change in stance to neutral, opening the door to rate cuts as economic growth slows and global rates ease. The Reserve Bank of India RBI is seen maintaining […]

STOCKHOLM, Oct 4 Reuters Sweden will abstain in a vote on the introduction of European Union tariffs on Chinese electric vehicles, the country39;s minister for foreign trade told Reuters on Friday. Benjamin Dousa said that Sweden had considered voting against the tariffs but decided to abstain after discussions with the Commission. We have had very […]

New premier Ishiba39;s remarks cast doubt on BOJ39;s rate hike plans Political uncertainty, yen may prompt BOJ to hold fire for now BOJ ended negative rates in March in historic shift TOKYO, Oct 4 Reuters Bank of Japan Governor Kazuo Ueda39;s efforts to lift rockbottom borrowing costs face fresh challenges as a yen rebound and […]

MUMBAI, Oct 3 Reuters India39;s newlyappointed monetary policy committee members may see at least one dissenter calling for a rate cut when the group meets next week, several economists said in separate research notes this week. India39;s government on Tuesday appointed Ram Singh, Saugata Bhattacharya and Nagesh Kumar as new external members of the Reserve Bank of […]

BEIJING, Oct 1 Reuters Chinese Commerce Minister Wang Wentao and his U.S. counterpart will hold a call in the near future on trade and economic ties, China39;s staterun Xinhua news agency reported on Tuesday, citing people familiar with the matter. They will exchange views on bilateral economic and trade relations and key issues of mutual […]