LONDON, March 15 Reuters Britain said on Tuesday it would ban the export of luxury goods to Russia and impose a new 35 tariff on 900 million pounds 1.2 billion worth of Russian imports, including vodka, metals, fertilisers and other commodities. The move follows a series of economic sanctions announced by the government to punish […]

Policy rate seen at 14 at end2022 Inflation at 54 in February RussiaUkraine conflict risks further pressure on prices ISTANBUL, March 17 Reuters Turkey39;s central bank is expected to hold its policy rate at 14 this week, a unanimous Reuters poll showed on Monday, despite the Ukraine conflict and soaring energy prices that are set […]

European foreign ministers disagree on oil sanctions Biden due at EU, NATO, G7 summits on Thursday in Brussels EU has sanctioned 685 Russians and Belarusians in March Oil embargo may hinge on Ukraine war worsening further BRUSSELS, March 21 Reuters The European Union39;s foreign ministers disagreed on Monday on whether and how to slap sanctions […]

BERLIN, March 30 Reuters Germany triggered an emergency plan to manage gas supplies in Europe39;s largest economy on Wednesday, an unprecedented move that could see the government ration power if there is a disruption or halt in gas supplies from Russia. The announcement is the clearest sign yet that the European Union is preparing for […]

March 31 Reuters Russia will ban exports of sunflower seeds from Friday until the end of August and impose an export quota on sunflower oil to avoid shortages and ease pressure on domestic prices, its agriculture ministry said on Thursday. With sharp growth in global prices for sunflower oil and oilseeds, there is currently increased […]

SYDNEY, April 6 Reuters Most of Australia39;s major banks now expect a rise in interest rates as early as June, though opinions on the pace of tightening and the peak point still vary widely. The first hike in a decade is clearly on the cards after the Reserve Bank of Australia RBA on Tuesday surprised […]

Key lending rate, deposit rate left unchanged Inflation projection for 202223 raised to 5.7 India39;s FY23 real GDP growth now seen at 7.2 RBI Governor says inflation higher priority than growth MUMBAI, April 8 Reuters The Reserve Bank of India kept its key lending rate at a record low on Friday, as expected, but said […]

ENGALURU, April 11 Reuters The Federal Reserve is expected to deliver two backtoback halfpoint interest rate hikes in May and June to tackle runaway inflation, according to economists polled by Reuters who also say the probability of a recession next year is 40. With the unemployment rate near a record low, inflation the highest in […]

TOKYO, April 14 Reuters The Bank of Japan BOJ will give a slightly hawkish tilt to its guidance on the future path of monetary policy by phasing out a pledge to ramp up stimulus if needed, Naomi Muguruma, a veteran analyst wellversed in the bank39;s policy, said on Thursday. The tweak could come at the […]