By Karen Lema MANILA (Reuters) -The Philippine central bank is committed to maintaining its easing bias and is on course to cut policy rates twice this year, its governor said on Monday, though the timing will depend on economic growth and inflation. “We’re still on that same easing cycle,” Governor Eli Remolona told Reuters. “We’re …
Philippine central bank on track for two more rate cuts in 2025 Read More »
(Reuters) -U.S. President Donald Trump’s August 1 deadline for trade partners to sign deals or face hefty tariffs is fast approaching, and investors are playing it cool. Stocks are near record highs and volatility is low, even with a Federal Reserve meeting and U.S. jobs data on the slate, while Trump’s beef with central bank …
Take Five: Tick-tock, it’s nearly tariff o’clock Read More »
By David Milliken LONDON (Reuters) -The Bank of England is expected to soon slow the pace at which it shrinks its 558 billion-pound ($754 billion) holdings of government bonds, and economists hope next week will shed some light on its longer-term goals for the stockpile. Alongside a predicted quarter-point interest rate cut to 4%, the …
Analysis-Bank of England poised to slow QT after rise in yields Read More »
KUALA LUMPUR (Reuters) -Malaysia’s economy is projected to expand by 4% to 4.8% in 2025, down from a previous forecast of 4.5% to 5.5%, its central bank said on Monday, warning that trade and tariff uncertainties could affect global growth. Headline inflation is expected to average between 1.5% and 2.3% this year, Bank Negara Malaysia …
Malaysia’s economy projected to grow 4% to 4.8% this year, central bank says Read More »
By Leika Kihara TOKYO (Reuters) -The Bank of Japan is set to hold off raising interest rates on Thursday but may offer a less gloomy view on the outlook after Tokyo’s trade agreement with the U.S. last week, signalling rate hikes may resume later this year. Receding global trade tensions following Sunday’s agreement between the …
BOJ may paint less gloomy view, signal rate-hike resumption Read More »
ANKARA (Reuters) -Turkey’s economy has returned to a “positive cycle” after market turbulence in March, Finance Minister Mehmet Simsek said on Sunday. All financial indicators including gross foreign exchange reserves and the main stock index BIST100 have returned to mid-March levels with the steps taken to manage the economy, Simsek said in a live interview …
Turkey’s economy returns to a ‘positive cycle’, finance minister says Read More »
FRANKFURT (Reuters) -Risks to the euro zone inflation outlook remain balanced as the changes since June broadly offset each other, European Central Bank board member Piero Cipollone said in a newspaper interview. The ECB left interest rates unchanged on Thursday and said the outlook for inflation is more uncertain than usual, even if the economy …
ECB’s Cipollone says euro zone inflation risks balanced, newspaper reports Read More »
By Jamie McGeever ORLANDO, Florida (Reuters) — TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist I’d love to hear from you, so please reach out to me with comments at . You can also follow me at @ReutersJamie and @reutersjamie.bsky.social. For the S&P 500 and Nasdaq, the week …
By Ateev Bhandari and Pritam Biswas (Reuters) -Shares of U.S. regional banks Pinnacle Financial Partners and Synovus Financial fell on Friday as investors balked at the possibility of stricter regulatory requirements due to their merger, which would significantly increase their combined assets. The combined entity, with more than $115 billion in assets, would cross the …
By Jonathan Stempel (Reuters) -Glass Lewis and ISS, two of the best known proxy advisers, sued Texas on Thursday to block a first-of-its-kind state law limiting their ability to advise shareholders on diversity, environmental and governance practices. In complaints filed in Austin, Texas federal court, Glass Lewis and ISS said Texas’ law was unconstitutional, undermining …
Glass Lewis, ISS sue Texas over law limiting DEI, ESG proxy advice Read More »
