(Refiles to add full name, company details in par 16) By Stella Qiu and Byron Kaye SYDNEY (Reuters) – When China ended a lengthy border closure in January, e-commerce marketer Tianni Ren immediately began planning a team building trip for her 14 staff to Australia, hoping to see its stunning pink salt lakes that had…
By Howard Schneider and Balazs Koranyi WASHINGTON (Reuters) – Major central banks may be deep into their drive to raise interest rates in hopes of killing inflation, but the endgame remains far from clear as price increases prove harder to slow than expected, and analysts caution that financial markets could still break along the way….
By Lucy Craymer WELLINGTON (Reuters) – New Zealand food prices surged in March as flash floods and a cyclone this year jacked up fruit and vegetable prices, with economists expecting first quarter inflation data due later this week to keep the central bank on its policy tightening path. The Reserve Bank of New Zealand (RBNZ)…
SYDNEY (Reuters) – Australia’s Treasurer on Monday said he was close to announcing details of a wide-ranging review into the country’s central bank which would require legal changes for some steps, underlining the scope of the shake-up. Treasurer Jim Chalmers said the independent review had provided 51 recommendations for changing how the Reserve Bank of…
By Dhara Ranasinghe, Samuel Indyk and Alun John LONDON (Reuters) -European equity markets are basking in a glow that even greater uncertainty unleashed by turmoil in the banking sector appears not to be able to dim. Having started the year on a strong footing as the energy crisis abated and China’s economy reopened from COVID-related…
SEOUL (Reuters) -North Korea held a ceremony on Sunday to celebrate the completion of 10,000 new modern homes in the newly built Hwasong District in Pyongyang, state media KCNA reported. Leader Kim Jong Un took part in the ceremony, the report said, as well as a number of senior government officials including Kim Tok Hun,…
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been a careful start to the week in Asia with stocks and bonds little changed and the dollar holding most of Friday’s bounce. The caution is understandable given the week holds updates on Chinese economic growth and global…
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been a careful start to the week in Asia with stocks and bonds little changed and the dollar holding most of Friday’s bounce. The caution is understandable given the week holds updates on Chinese economic growth and global…
By Steve Keating BRAMPTON, Ontario (Reuters) -Hilary Knight scored third-period power play goals 27 seconds apart as the United States stunned archrivals Canada 6-3 on Sunday to win the gold medal final of the women’s world ice hockey championships. Canada had led 3-2 heading into the third period and were on course for a third…
By Leika Kihara WASHINGTON (Reuters) – Japan’s new central bank Governor Kazuo Ueda gave a clear message to policymakers gathered for global finance meetings here over the last week: The country will remain a dovish outlier by keeping interest rates ultra-low – at least for now. Since taking the helm a week ago, Ueda has…
