Bank of Korea stands pat for fifth meeting as inflation, growth ease
By Jihoon Lee and Joyce Lee SEOUL (Reuters) -South Korea's central bank on Thursday held interest rates steady for a
2023-08-24 09:25
Bank of Korea seen on hold for rest of year, to cut rates early in 2024 : Reuters poll
By Anant Chandak BENGALURU The Bank of Korea will leave its key policy rate unchanged at 3.50% for
2023-08-22 08:57
Exclusive-India cenbank nudges banks to settle UAE trades in rupee, dirham -sources
By Siddhi Nayak, Jaspreet Kalra and Shivangi Acharya MUMBAI/NEW DELHI India's central bank is nudging local banks to
2023-08-21 18:51
China cuts 1-year lending benchmark but keeps 5-year unchanged
SHANGHAI China cut its one-year benchmark lending rate on Monday, as expected, as authorities seek to ramp up
2023-08-21 10:22
The next phase of the Fed's historic inflation fight is waiting for rate cuts
The Federal Reserve has raised interest rates to their highest level in 22 years in an aggressive bid to curb inflation, and there's a chance that more rate increases may still be on tap if the economy's strength causes inflation to rebound.
2023-08-20 19:50
Jumping yields, slumping stocks may boost case for a Fed pause
By Howard Schneider WASHINGTON Rising Treasury bond yields and home mortgage rates may reduce support at the U.S.
2023-08-19 01:25
China set to cut lending benchmarks next week as economy worsens
SHANGHAI/SINGAPORE China is expected to cut lending benchmarks at a monthly fixing on Monday, with many analysts predicting
2023-08-18 13:29
Norway central bank raises rate to 4.0%, eyes September hike
OSLO Norway's central bank raised its benchmark interest rate by 25 basis points (bps) to 4.0% on Thursday
2023-08-17 16:18
Analysis-Higher-for-longer rates regime pressures US recession trades
By Davide Barbuscia NEW YORK Bond investors who had positioned portfolios defensively in anticipation of a U.S. recession
2023-08-16 13:23
NZ central bank leaves cash rate on hold at 5.5%, as expected
By Lucy Craymer WELLINGTON New Zealand's central bank held the cash rate steady at 5.5% on Wednesday, as
2023-08-16 10:45
Loss-making Wheels Up to give up 95% stake to lenders for $500 million
Money-losing private jet charter company Wheels Up Experience said on Tuesday it would give up 95% of its
2023-08-16 00:55
Russia's central bank raises interest rates to 12% after the ruble plunges
Russia's central bank hiked its main interest rate by 3.5 percentage points to 12% Tuesday after the ruble cratered to a 17-month low the previous day.
2023-08-15 17:59