Reuters US Economy

Gulf issuers plan more debt sales, undeterred by recent market turmoil, sources say

By Hadeel Al Sayegh and Federico Maccioni DUBAI (Reuters) -Gulf issuers, including Saudi Arabia’s $925 billion sovereign wealth fund, are working on a round of bond offerings, according to sources, braving debt markets despite recent turmoil ignited by U.S. President Donald Trump’s tariff policies. Markets have been volatile since Trump announced sweeping tariffs on April …

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Taiwan cabinet to ask parliament to unfreeze $4 billion amid budget standoff

TAIPEI (Reuters) -Taiwan’s cabinet said on Tuesday it will ask the opposition controlled legislature to release more than $4 billion in funds frozen as part of a stand-off over this year’s budget, which the government says could seriously affect their operations. While the Democratic Progressive Party’s (DPP) Lai Ching-te won the presidency in last year’s …

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Thai industrial sentiment drops in March, US tariffs a concern

BANGKOK (Reuters) -Thailand’s industrial sentiment in March fell for the first time in three months, with a future index pointing to a further fall on concerns about U.S. tariffs, the Federation of Thai Industries said on Tuesday. The FTI’s industrial sentiment index dropped to 91.8 in March from 93.4 in February. Another FTI index that …

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Bank Indonesia to hold rates on April 23 as FX concerns outweigh growth risks

By Rahul Trivedi BENGALURU (Reuters) -Bank Indonesia will hold interest rates steady on Wednesday to support the under-pressure rupiah, despite growing concerns of slowing economic growth driven by U.S.-led trade policies, a Reuters poll of economists found. With the rupiah down more than 4% this year, and hovering near a record low, the central bank …

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South Korea’s economic growth likely stalled again in Q1

By Pranoy Krishna BENGALURU (Reuters) -South Korea’s economy barely grew last quarter as persistent global trade risks and weak domestic demand continued to sap momentum, a Reuters poll of economists found. Grappling with its worst political crisis in decades, marked by the impeachment of the president, consumer sentiment took a hit in Asia’s fourth-largest economy …

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US Antimony restarts Mexico smelter plant after over a year

(Reuters) – United States Antimony Corp said on Monday it has restarted operations at its Madero smelter plant in Mexico, over a year after the critical mineral miner stopped activities in Latin America. WHY IT’S IMPORTANT In December last year, China banned exports to the U.S. of the critical minerals gallium, germanium and antimony, amid …

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All 5 members of Bank of Israel monetary policy committee backed leaving rates unchanged

JERUSALEM (Reuters) -All five members of the Bank of Israel’s Monetary Policy Committee voted to keep the benchmark interest rate unchanged at 4.5% on April 7, according to minutes of the meeting issued by the central bank on Monday. The committee’s focus is on stabilizing markets and reducing uncertainty, alongside price stability and supporting economic …

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Investors flock to safety of US short-term government bond funds

By Patturaja Murugaboopathy (Reuters) -U.S. short-term government bond funds have received large inflows this month even as most other funds across asset classes suffered heavy selling in markets hit by worries over U.S. tariffs and recession risks. Treasury yields have risen this month, as the bonds sold off, as hedge funds unwound their leveraged positions …

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Thai exports posting higher growth in March, commerce minister says

BANGKOK (Reuters) -Thailand’s export growth in March was higher than February’s 14% annual rise, while tariff negotiations with the United States set for this week are expected to proceed positively, the commerce minister said on Monday. Pichai Naripthaphan said exports, a key driver of the Thai economy, would continue to grow if the negotiations went …

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Turkey’s Simsek sees very high probability of inflation in cenbank range

By Nevzat Devranoglu GIRESUN, Turkey (Reuters) -Turkish Finance Minister Mehmet Simsek said he does not foresee Turkey changing its economic course following recent market and trade developments, and inflation would very likely hit the central bank’s forecast range by year-end. Turkish annual consumer price inflation slowed to 38.1% in March, extending its fall from a …

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