Instant view: Russia’s central bank hikes rates to 12% at extraordinary meeting
LONDON (Reuters) – Russia’s central bank jacked up its key interest rate by 350 basis points to 12% on Tuesday,…
August 2023
Investors least bearish since February 2022 – BofA
MILAN (Reuters) – Sentiment among global investors improved in August to its least bearish since February 2022 with cash allocations…
China cuts key rates as weak batch of July data darkens economic outlook
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -A broad array of Chinese data on Tuesday highlighted intensifying pressure on…
Sri Lanka lifts import ban on trucks, heavy vehicles
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka on Tuesday lifted a ban on imports of trucks and other heavy…
Global conservation mission sets sail from UK in Darwin’s wake
By Ben Makori LONDON (Reuters) – Almost two centuries after Charles Darwin’s voyage around the world, environmentalists plan to follow…
Insured losses from Maui wildfires at least $1 billion – Moody’s
LONDON (Reuters) – Moody’s Investors’ Service said on Tuesday that estimated insured losses from wildfires on Maui in Hawaii will…
UK grocery inflation continues to cool, rain dampens demand – Kantar
By James Davey LONDON (Reuters) -British grocery inflation eased for a fifth straight month in August while wet weather dented…
UK basic wage growth hits record, adding to Bank of England’s worries
By William Schomberg and Andy Bruce LONDON (Reuters) -Basic wages in Britain hit a new record growth rate, figures showed…
Japan’s Suzuki: Not targeting absolute levels on FX intervention
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Tuesday that authorities are not targeting absolute currency…
India’s Modi says peace returning to strife-torn Manipur
By Rupam Jain NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi said on Tuesday peace was returning to the strife-torn…