By Kevin Yao, Shi Bu and Liz Lee BEIJING (Reuters) -New bank lending in China rose less than expected in May after hitting a nine-month low in April, as companies and consumers remained cautious about taking on more debt despite interest rate cuts and a trade truce between Beijing and Washington. Chinese banks extended 620 …
China May bank loans rise less than expected as trade jitters weigh Read More »
By Steven Scheer JERUSALEM (Reuters) -Israel’s annual inflation rate eased more than expected to 3.1% in May, official data showed on Sunday, although it is still slightly above target and the escalation of the country’s conflict with Iran poses additional risks to the outlook. Inflation eased from 3.6% in April when it was boosted by …
Israel’s inflation rate eases more than expected to 3.1% in May Read More »
HANOI (Reuters) -Vietnam and the United States made progress during a third round of trade negotiations last week, but critical issues remain unresolved, requiring further analysis and continued dialogue, Vietnam’s trade ministry said on Sunday. The talks, in Washington, D.C. from June 9-12, were held as a pause on 46% “reciprocal” tariffs on Vietnamese exports …
Vietnam says US trade talks made progress but key issues are unresolved Read More »
By Makiko Yamazaki and Satoshi Sugiyama TOKYO (Reuters) -Japan’s government issued rare warnings on rising government bond yields and the changing structure of debt ownership in its economic policy roadmap as the central bank gradually trims its presence in the market. “We must continue efforts to further promote domestic ownership of government bonds to avoid …
Japan issues rare warnings on bond market in policy roadmap Read More »
By Camila Moreira RIO DE JANEIRO/SAO PAULO (Reuters) -Lady Gaga’s massive free concert in Rio de Janeiro and a series of holidays likely provided a boost to Brazil’s services activity in April, statistics agency IBGE said on Friday, as it reported the key sector expanded for a third straight month. As fans flocked to Rio …
Brazil’s services activity enjoys boost from Lady Gaga’s free concert, holidays Read More »
By Virginia Furness and Marc Jones LONDON (Reuters) -The world’s forum for banking regulators published a framework for disclosing climate-related risks on Friday, making the implementation voluntary, following pushback from the U.S. The Basel Committee on Banking Supervision, made up of banking regulators and central bankers from the G20 economies and other countries, said it …
Basel Committee makes climate risk disclosure for bank regulators voluntary Read More »
By Arasu Kannagi Basil (Reuters) -Private equity-backed Jefferson Capital said on Friday it was targeting a valuation of up to $1.1 billion in its U.S. initial public offering, as buyout firms look to take advantage of an improving new listings market. Jefferson and some existing investors are seeking to raise up to $170 million by …
J.C. Flowers-backed Jefferson Capital eyes $1.1 billion valuation in US IPO Read More »
By Gabriel Burin BUENOS AIRES (Reuters) -Brazil’s central bank is expected to keep its benchmark rate unchanged at 14.75%, its highest in nearly two decades, on June 18 and also remain data-dependent for upcoming decisions, a Reuters poll of economists showed. The consensus view shifted from a poll in May, when a majority of analysts …
By Kevin Yao, Shi Bu and Liz Lee BEIJING (Reuters) -New bank lending in China rose less than expected in May after hitting a nine-month low in April, as companies and consumers remained cautious about taking on more debt despite interest rate cuts and a trade truce between Beijing and Washington. Chinese banks extended 620 …
China May bank loans rise less than expected as trade jitters weigh Read More »
MEXICO CITY (Reuters) -Mexico’s central bank should avoid cutting its benchmark interest rate by 50 basis points until inflation resumes a clear downward trajectory, Deputy Governor Jonathan Heath told Reuters, adding his view is in the minority among the five-member board. Despite concerns over inflation, Heath said he believes the central bank will vote at …
Bank of Mexico’s Heath wants inflation reversal before more major rate cuts Read More »
