Crisis-hit Pakistan strikes $3bn funding deal with IMF
The South Asian nation is facing its worst economic crisis since independence from Britain in 1947.
2023-06-30 12:16
IMF reaches $3 billion staff-level agreement with Pakistan
Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) for a crucial bailout that could help stabilize its flailing economy and lift the South Asian nation out of a crisis that has pushed millions to the brink.
2023-06-30 11:59
Pakistan, IMF reach $3 billion staff-level agreement
ISLAMABAD (Reuters) -The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement,
2023-06-30 11:50
Survey shows China's manufacturing contracted in June as export orders decreased
A survey shows China’s factory activity contracted for another month in June as export orders decreased
2023-06-30 11:47
Global mergers and acquisitions plunge in Q2 but dealmakers see green shoots
By Anirban Sen and Andres Gonzalez NEW YORK/LONDON Global mergers and acquisitions (M&A) activity fell 36% year-on-year in
2023-06-30 11:22
Tokyo inflation points to broadening price pressure, tests dovish BOJ stance
By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Core inflation in Japan's capital perked up in June and remained above
2023-06-30 10:57
China's factory activity extends declines as demand weakens
By Joe Cash BEIJING (Reuters) -China's manufacturing activity contracted for a third straight month in June, albeit at a slower
2023-06-30 10:54
Spirit AeroSystems union workforce approves new contract, ending strike at Kansas plant
By Valerie Insinna WASHINGTON (Reuters) -Spirit AeroSystems said it would begin resuming operations at its plant in Wichita, Kansas, on
2023-06-30 10:46
Services activity in China drops to weakest level in six months
Activity in China's services industry and construction sector dropped to its weakest level since December, according to data released Friday by the National Bureau of Statistics, as the country's economic recovery continues to lose momentum.
2023-06-30 10:28
Yen Weakens to 145, Approaches Last Year’s Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
2023-06-30 10:20
Yen weakens past key 145 per dollar level; yuan falls after China PMI data
By Rae Wee SINGAPORE The yen weakened past 145 per dollar on Friday, a level which kept speculators
2023-06-30 10:18
Can Canada make big tech pay for news?
The country is the latest front in a fight that analysts say has big stakes for news - and democracy.
2023-06-30 09:49
