By Mike Dolan LONDON (Reuters) – Keen to downplay anxieties about war in Europe, global investors appear to fear a monetary policy miscalculation even more. Their problem is that two are hugely intertwined right now. World markets gyrated over the past week as fears of a Russian invasion of Ukraine ebbed and flowed – and …
Column-Entangled fears of Fed error and Ukraine crisis: Mike Dolan Read More »
TUNIS (Reuters) -The World Bank will lend Tunisia about $400 million to finance social reforms, the Tunisian government said on Tuesday, as it started talks with the International Monetary Fund on economic reforms. The North African country, which is suffering from a financial crisis, is seeking to obtain a rescue package from the IMF in …
Tunisia says World bank to lend it $400 million for social reforms Read More »
By David Lawder (Reuters) – Canada prevailed on Tuesday in a challenge to U.S. solar panel tariffs under the trade pact between Canada, the U.S. and Mexico, its trade minister said on Tuesday, ahead of planned talks with Washington over the dispute. Mary Ng, Canada’s minister of trade and export promotion, said in a statement …
Canada says USMCA panel finds U.S. solar tariffs violate trade pact Read More »
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Developing countries must quickly strengthen their financial sectors, the World Bank said on Tuesday, warning that rising inflation, interest rates and alarming levels of debt distress could trigger a global chain reaction not seen in generations. The World Bank underscored its longstanding concerns about lack of …
Private debts pose hidden risk to developing countries, World Bank warns Read More »
By Aradhana Aravindan and Eric M. Johnson SINGAPORE/SEATTLE (Reuters) – Supply chain shortages and wage inflation are at the top of a list of concerns for aerospace companies attending a depleted Singapore Airshow amid tight health controls this week. Across aerospace, the suppliers that feed Boeing and Airbus factories are facing an acute shortage of …
Aerospace firms grapple with fragile supply chain at Singapore Airshow Read More »
BANGKOK (Reuters) – Thailand’s cabinet on Tuesday approved a package of incentives including tax cuts and subsidies to promote a shift to electric vehicles (EVs) in Southeast Asia’s major auto production base, a government spokesperson said. The package for 2022-2025 is in line with a zero emission vehicle policy plus a goal to ensure 30% …
Thailand approves incentives to promote EV shift Read More »
(Reuters) – Spanish consumer prices rose 6.1% year-on-year in January, final official data showed on Tuesday, up from a first flash estimate of 6.0% released two weeks ago and down from 6.5% in the 12 months to December. Core inflation, which strips out volatile food and energy prices, was 2.4% year on year, the highest …
Spain January CPI rose 6.1% over 12 months, INE’s final data show Read More »
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) – Indonesia’s export growth slowed more than expected in January, after authorities in the world’s top thermal coal exporter banned coal shipments, a move that shocked the global energy market. The January trade surplus was bigger than expected at $930 million, however, official data showed on Tuesday, …
Indonesia Jan exports grow below expectation after coal shipment ban Read More »
BEIJING (Reuters) – Foreign direct investment (FDI) into China in January rose 11.6% from a year ago to 102.28 billion yuan ($16.10 billion), the commerce ministry said on Tuesday. In dollar terms, FDI increased 17.6% in January, it said in a statement on its website. ($1 = 6.3536 Chinese yuan) (Reporting by Stella Qiu and …
DUBAI (Reuters) – Saudi Arabia’s consumer price index rose 1.2% in January from a year earlier, fuelled by higher transport prices, government data showed on Tuesday. Transport prices increased by 4.9%, mainly due to the rise in gasoline prices by 34.5%, the General Authority for Statistics said in a statement. “Transport prices were the main …
Saudi Arabia’s Jan inflation rate up 1.2% y/y – govt data Read More »
