Reuters US Economy

By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said last week’s meeting with his U.S. and South Korean counterparts has laid the groundwork for Tokyo to act against excessive yen moves, issuing the strongest warning to date on the chance of intervention. “I voiced strong concern on how a weak …

Japan issues strongest warning yet on readiness to intervene in currency market Read More »

By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank said on Tuesday it does not agree with the assessment of the country’s competition watchdog that its prudential capital settings need to be reviewed. In March, a draft Commerce Commission report found that there was limited competition in New Zealand’s personal banking sector and one …

New Zealand’s Central Bank disagrees with watchdog over capital settings Read More »

By Matt Tracy (Reuters) – Geopolitical risk topped the list of concerns among U.S. corporate credit investors, according to a new survey by BofA Global Research. The finding coincides with an escalation in the conflict in the Middle East. Israel has been fighting the Hamas and Hezbollah militant groups since October, and hostilities with Iran …

Geopolitical tensions are US credit investors’ top concern, BofA survey says Read More »

(Reuters) – U.S. companies borrowed 7% less to finance equipment investments in March compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Monday. Companies signed up for new loans, leases and lines of credit worth $9.3 billion in March, up 18% sequentially. “Equipment and software investment should pick up …

US business equipment borrowings fell 7% in March, ELFA says Read More »

By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s economic activity likely plunged 5.9% year-on-year in February, a Reuters poll of market analysts showed on Monday, which would make a fourth straight monthly slide amid tough austerity measures under new libertarian President Javier Milei. The expected slide underscores the impact of Milei’s cost-cutting on the real …

Argentina economic activity seen plunging 6% in February- Reuters poll Read More »

By Karin Strohecker WASHINGTON (Reuters) – The World Bank’s private investment arm expects to finance $1.9 billion in projects in Ukraine over the next 18 months, an official from the organization told Reuters. More than half of that is covered from the International Finance Corp’s own account, while the rest comes from partners such as …

World Bank financing arm IFC plans $1.9 billion in Ukraine investments Read More »