Iraq set in ‘battle’ against dollar smugglers, central bank governor says
By Timour Azhari BAGHDAD (Reuters) – Iraq has made strides implementing U.S. dollar supply restrictions targeting Iran but faces an…
2023
S&P sees Indian economy growing by average 6.7% to 2031 amid short-term challenges
(This Aug. 3 story has been corrected to say that India could overtake ‘Japan and Germany’ not ‘Japan and China’…
China’s economic woes mount as trust firm misses payments, home prices fall
BEIJING/HONG KONG (Reuters) -Missed payments on investment products by a leading Chinese trust firm and a fall in home prices…
Tesla cuts Model S and X prices by over 6% in China
BEIJING (Reuters) -Tesla has cut prices for its existing inventories of its premium Model S and Model X cars in…
Guatemala’s presidential run-off will be ‘test for democracy’
By Cassandra Garrison GUATEMALA CITY (Reuters) – A Guatemalan anti-corruption campaigner is heavily favored to snag the presidency in Sunday’s…
Marketmind: Bonds calm down but Chinese markets smolder
A look at the day ahead in U.S. and global markets from Mike Dolan Restive bonds showed signs of calm…
Mexico’s Sheinbaum grows lead for ruling party presidential ticket -poll
MEXICO CITY (Reuters) – Former Mexico City Mayor Claudia Sheinbaum has grown her lead to a 13-point advantage in the…
Higher-for-longer rates regime pressures US recession trades
By Davide Barbuscia NEW YORK (Reuters) -Bond investors who had positioned portfolios defensively in anticipation of a U.S. recession are…
Woodside, unions remain at odds over wages at Australia’s largest LNG facility
By Renju Jose and Lewis Jackson SYDNEY (Reuters) -Woodside Energy said “positive progress” was being made on wage disputes at…
Bonds, emerging stocks eye ‘geo-investment’ switches :Mike Dolan
By Mike Dolan LONDON (Reuters) -August has been rough so far for emerging market stocks and western government bonds, a…