By Elisa Martinuzzi and Brad Haynes DAVOS, Switzerland (Reuters) – Brazil’s debt market will likely continue to thrive in 2025, with a potential increase in equity activity in the second half, after a three-year drought in the country’s once vibrant IPO market, Flavio Souza, president of Itaú BBA, told Reuters on the sidelines of the …
Brazil´s debt market to continue booming in 2025, says Itaú BBA president Read More »
By Brad Haynes DAVOS, Switzerland (Reuters) – Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5% in the third quarter to lift its population out of poverty, its finance minister told Reuters on Thursday at the World Economic Forum’s annual meeting. Finance Minister and Coordinating Minister …
Nigeria needs to double economic growth within a year or two, finance minister says Read More »
By Promit Mukherjee OTTAWA (Reuters) -Canada’s retail sales were flat in November as consumers purchased less from supermarkets, grocery stores, alcohol outlets and furniture shops but the numbers were buoyed by car sales, data showed on Thursday. Analysts polled by Reuters had forecast retail sales to rise by 0.2% and 0.1% excluding the automotive sector …
Canada November retail sales flat; likely up 1.6% in December Read More »
(Reuters) -Mexico’s annual inflation rate slowed to its lowest level in almost four years in the first half of January, official data showed on Thursday, a price level likely to encourage the central bank to keep cutting borrowing costs. In Latin America’s second-largest economy, 12-month headline inflation came in at 3.69% in early January, statistics …
Mexico headline inflation in early January beats expectations, slides below 4% Read More »
By Marcela Ayres BRASILIA (Reuters) – Investors already concerned about Brazil’s ballooning public debt load under veteran leftist President Luiz Inacio Lula da Silva are being forced to reckon with an additional risk: a government debt profile with growing sensitivity to high interest rates. That’s because Latin America’s largest economy finances an unusually high portion …
Analysis-Rate sensitivity haunts already elevated Brazil public debt Read More »
By Gwladys Fouche OSLO (Reuters) -Norway’s central bank held its policy interest rate unchanged at a 17-year high of 4.50% on Thursday, as unanimously expected by analysts in a Reuters poll, and maintained plans to start cutting borrowing costs in March. Economists expect Norway’s monetary policy to start catching up this year with that of …
Norway central bank keeps rate on hold, plans March cut Read More »
(Reuters) – The Australian government said on Thursday it would buy A$50 million dollars ($31.36 million) of debt from the largest creditor of collapsed airline Regional Express Holdings to have more control during a voluntary administration process. The acquisition from Asian private equity house PAG Asia Capital would make the government Rex’s principal secured creditor …
Australia to spend another $31 million to save regional airline Rex Read More »
By Bing Hong Lok SINGAPORE (Reuters) -Singapore’s key consumer price gauge rose 1.8% in December from a year earlier, more than economist forecasts and the lowest in more than three years, official data showed on Thursday. The core inflation rate, which excludes private road transport and accommodation costs, was above the 1.7% forecast by a …
Singapore December core inflation hits its lowest since November 2021 Read More »
By Jamie McGeever ORLANDO, Florida (Reuters) -After two years of significant underperformance by bonds, investors may have a hard time swallowing claims that 2025 will be the “year of the bond”. But there are compelling reasons to believe this will be a case of third time lucky. Fixed income assets, particularly U.S. Treasuries and other …
Third time lucky for ‘Year of the Bond’ call?: McGeever Read More »
BUDAPEST (Reuters) – Hungarian business confidence fell in January to lows last seen during the COVID-19 pandemic, economic think tank GKI said on Thursday, weighed down by deteriorating prospects in retail and services. The findings of the survey, which focuses mostly on small business expectations, belies the optimism within Prime Minister Viktor Orban’s cabinet that …
Hungary business confidence sinks to 50-month-low in January, GKI survey shows Read More »
