By Christy Santhosh (Reuters) -Healthcare service provider Premier said on Monday it has agreed to be taken private by an affiliate of investment firm Patient Square Capital in a deal valued at about $2.6 billion. Premier works with hospitals, health systems, and other providers to cut costs and improve patient care by coordinating the purchase …
Healthcare firm Premier to go private in $2.6 billion deal Read More »
(Reuters) -Atlanta Fed President Raphael Bostic said he does not currently see the need for further interest rate cuts this year due to inflation concerns, according to an interview published by the Wall Street Journal on Monday. “I am concerned about the inflation that has been too high for a long time,” Bostic told the …
Fed’s Bostic sees no further rate cuts this year, WSJ reports Read More »
By Polina Devitt LONDON (Reuters) -Gold prices hit a record $3,728 per troy ounce on Monday, extending a rally that has boosted them twofold since late 2022. Demand is expected to remain robust for some time due to a mix of factors. Central bank purchases and strong investment demand, visible in inflows into physically backed …
Explainer-Gold’s record-breaking rally: who’s keeping it going? Read More »
By Anant Chandak and Indradip Ghosh BENGALURU (Reuters) -The Swiss National Bank will hold its policy rate at zero on September 25 and throughout 2026 due to inflation remaining on target and the currency holding steady, according to a majority of economists in a Reuters poll. With the SNB already having the lowest interest rate …
BEIJING (Reuters) -China’s central bank head pledged on Monday to use a range of monetary policy tools to ensure ample liquidity, try to drive down funding costs and support economic recovery. Pan Gongsheng, governor of the People’s Bank of China, also told a news briefing that China’s monetary policy is primarily based on domestic data …
China central bank head pledges data-driven policy to aid recovery Read More »
JAKARTA (Reuters) -Indonesia booked a 321.6 trillion rupiah ($19.38 billion) budget deficit in the January to August period, equivalent to 1.35% of gross domestic product, finance ministry data showed on Monday. Total revenues in the period reached 1,639 trillion rupiah, down 7.8% from the same period in 2024, while total spending stood at 1,960 trillion …
Indonesia Jan-Aug budget deficit at 1.35% of GDP, ministry data shows Read More »
LONDON (Reuters) -It’s back to scouring data for signs of how quickly, if at all, further rate cuts could come from big economies, Switzerland’s central bank meets and world leaders gather in New York for the UN General Assembly against a tense geopolitical backdrop. Here’s all you need to know about the week ahead in …
By Lewis Krauskopf NEW YORK (Reuters) -As the U.S. Federal Reserve restarts interest rate cuts, housing shares are one of the areas of the stock market that may benefit, and they have perked up in recent weeks as markets priced in more monetary easing. On Wednesday, the U.S. central bank lowered its benchmark rate for the …
US housing shares shine as Fed restarts rate cuts Read More »
(Reuters) – Credit ratings agency Moody’s lowered Poland’s outlook to “negative” from “stable” on Friday amid rising spending pressure and political gridlock. “Our decision to change the outlook to negative reflects a materially weaker outlook for fiscal and debt metrics compared to our earlier expectations,” the agency said in a statement. Poland’s economy has remained …
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank on Friday made its largest daily dollar sale in nearly six years as it continued to use reserves to support the local currency, meeting strong dollar demand from institutional investors wary of political instability. The bank’s latest intervention totaled $678 million, its largest for a …
Argentina’s central bank makes biggest daily dollar sale in six years to curb peso slide Read More »
