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Home News Feeds Economy

Feed Category: Economy

January 29 at 10:05 pm

BOJ Kuroda stresses need to maintain ultra-easy policy

“Japan’s trend inflation is likely to gradually accelerate … but that will take some more time,” Kuroda told parliament.”Uncertainty regarding Japan’s economy is extremely high…. [Read More]
January 29 at 9:25 pm

RBI to hike repo rate by 25 bps in Feb, ending tightening cycle: Reuters poll

BENGALURU (Reuters) – The Reserve Bank of India is expected to raise its main interest rate by a modest 25 basis points to 6.50% at… [Read More]
January 29 at 7:05 pm

China’s MMG flags production halt at Las Bambas in Peru due to protests

The Melbourne-headquartered miner said the shortage of supplies was due to transport disruptions from protests in Peru. Protesters have been blocking traffic in and out… [Read More]
January 29 at 6:26 pm

With tiny EV, City Transformer takes aim at Europe’s urban markets

(Reuters) – Israeli electric vehicle (EV) startup City Transformer aims to launch production of its small urban CT-2 model in Western Europe by the end… [Read More]
January 29 at 11:10 am

House Speaker McCarthy will meet with Biden on debt ceiling, spending

WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy said on Sunday that he will meet with President Joe Biden on Wednesday to discuss… [Read More]
January 29 at 5:55 am

China central bank to roll over lending tools to spur growth

The People’s Bank of China will roll over a lending tool for supporting carbon emission reduction to the end of 2024, and extend a relending… [Read More]
January 29 at 4:35 am

UK PM Sunak fires party chairman Zahawi over tax affairs

Sunak had ordered independent adviser to investigate questions over the tax affairs of Zahawi, who was briefly finance minister during a period of political turmoil… [Read More]
January 29 at 4:21 am

Hungary cbank could start “cautious” rate cuts once CPI slows – minister

Marton Nagy, a former central bank deputy governor, told state radio that the “very high” interest rates made the government’s job difficult and harmed the… [Read More]
January 29 at 1:40 am

Philippines to offer value-added tax refund to foreign tourists by 2024

The government collects a 12% VAT on goods consumed within the Southeast Asian country. The plan is to allow foreigners to get a VAT refund… [Read More]
January 28 at 10:55 am

Ireland sees lower than forecast inflation in 2023

Annual Irish inflation slowed to 8.2% in December after hitting a 38-year high of 9.2% two months earlier. The finance department said on Saturday that… [Read More]
January 28 at 8:40 am

China aims to boost consumption and imports as global demand cools

At a meeting chaired by Premier Li Keqiang, China’s state council – which functions as the cabinet – also vowed to speed up the rollout… [Read More]
January 28 at 8:35 am

Sri Lanka economy could shrink by -3.5% to -4%, president says

“From 2024, we will take this economy to positive growth. We are creating a strong country that does not bow down to anyone and is… [Read More]

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