Sri Lanka surprises with 250 bps rate cut, signals rebound from crisis
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) – In a sign of confidence that the worst of Sri Lanka’s…
Asia
Global equities rise, U.S. yields fall after debt ceiling bill advances
By Chibuike Oguh NEW YORK (Reuters) – Global equities rose on Thursday after the U.S. House of Representatives passed a…
US calls for UN meeting on North Korea’s attempted satellite launch
(Reuters) – The United States has called for a U.N. Security Council meeting on Friday to discuss North Korea’s attempted…
IKEA stores owner Ingka starts on first New Zealand store
By Marie Mannes STOCKHOLM (Reuters) – IKEA stores owner Ingka group has announced the official start of work on its…
Dollar stumbles as signs point to Fed skipping June rate hike
By Hannah Lang (Reuters) – The dollar was on track for its worst daily loss in nearly a month on…
IMF deputy urges Sri Lanka to keep up momentum on economic reforms
WASHINGTON (Reuters) – Sri Lanka is showing a “strong commitment” to implementing economic reforms but must continue this momentum amid…
BRICS ministers put on show of strength as Putin arrest warrant looms large
By Wendell Roelf CAPE TOWN (Reuters) -BRICS foreign ministers on Thursday asserted their bloc’s ambition to rival Western powers but…
Oil rises 3% on US debt ceiling progress, traders on alert for OPEC+ meeting
By Shariq Khan BENGALURU (Reuters) -Oil prices rose on Thursday by the most in two weeks ahead of an OPEC+…
GQG adds more Nvidia as chipmaker has a ‘new leg’, says CIO
By Carolina Mandl NEW YORK (Reuters) -A big buyer of Nvidia Corp’s shares in the first quarter, Australia-listed investment firm…
US-China tensions expected to dominate Asia security meeting
By Xinghui Kok and Greg Torode SINGAPORE (Reuters) -Tensions between the United States and China are expected to loom over…