PARIS (Reuters) -France’s private sector activity has contracted at a sharper rate in April, driven by a steep decline in services, according to the HCOB Flash France PMI survey compiled by S&P Global. The flash services PMI dropped to 46.8 points from 47.9, its lowest in two months, as new business intakes fell at the …
French private sector contracts at faster pace in April, PMI shows Read More »
KUALA LUMPUR (Reuters) – Malaysia’s consumer price index rose 1.4% in March from a year earlier, government data showed on Wednesday. The rise was less than the 1.6% increase forecast in a Reuters poll of economists. In February, the index rose 1.5%. (Reporting by Danial Azhar; Editing by Martin Petty)
By Satoshi Sugiyama TOKYO (Reuters) – The Bank of Japan is likely to hold its key interest rate through June, showed a Reuters survey of economists, with a 25-basis-point hike next quarter expected by a slight majority of respondents rather than over two-thirds in a poll last month. Nearly 90% of respondents also said the …
WASHINGTON (Reuters) – France’s central bank chief called on Tuesday for preserving the International Monetary Fund and the World Bank, albeit with a narrower focus on matters such as financial stability and payments. The future of the IMF and World Bank, which hold their spring meetings this week, has been cast in doubt after Donald …
France’s central banker sees narrower focus for IMF, World Bank Read More »
LIMA (Reuters) – Peruvian copper mine Antamina on Tuesday launched a full security shutdown after an operations manager was killed and another high-ranking employee was injured in an incident at a mining camp. Antamina said in a statement it was investigating the cause of the accident. (Reporting by Marco Aquino; Editing by Sarah Morland)
By Stephen Culp (Reuters) – U.S. stocks rebounded on Tuesday as a spate of quarterly earnings reports and hints at the de-escalation of U.S.-China trade tensions brought buyers in from the sidelines. U.S. stocks jumped further in extended trade after President Donald Trump said he has no plans to fire Federal Reserve Chair Jerome Powell, …
Wall Street ends higher on earnings, hopes of easing tariff tensions Read More »
By Ateev Bhandari (Reuters) -Altruist has raised $152 million in its latest funding round, led by Singapore’s sovereign wealth fund GIC, at a valuation of $1.9 billion, the wealth management startup said on Tuesday. The funding comes amid a global dealmaking slump as markets have been roiled on rising recession fears following U.S. President Donald …
Wealth management firm Altruist valued at nearly $2 billion in latest funding round Read More »
By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund must be more active in debt restructuring processes, the global lender’s managing director, Kristalina Georgieva, said on Tuesday, noting the growing challenges facing vulnerable low- and middle-income countries. Georgieva told an event hosted by the Bretton Woods Committee booster group that African countries and others, in …
IMF must be more active on debt restructurings, Georgieva says Read More »
(Reuters) -Turkish Finance Minister Mehmet Simsek said on Tuesday the country’s spending discipline will continue even with downside risks to economic growth estimates. “I can assure you, spending discipline will be maintained,” Simsek said at an event hosted by the Atlantic Council on the sidelines of the IMF/World Bank meetings in Washington. “Spending controls are …
Turkey’s Finance Minister Simsek says spending discipline will be maintained Read More »
NEW YORK (Reuters) – Making sense of the forces driving global markets By Alden Bentley, Americas Finance and Markets Breaking News Editor. Jamie is away today so I’ll provide a round-up of today’s main market moves below. I’d love to hear from you, so please reach out to me with comments at alden.bentley@thomsonreuters.com. If …
Trading Day: Stocks rebound, no new Powell-bashing or trade tirades from Trump Read More »
