Factbox-Sri Lanka’s domestic debt rework targets IMF goals, economic recovery
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka will announce a reworking of its domestic debt later this week to meet…
Asia
Pakistan central bank raises main interest rate by 100 bps to 22%
Karachi, PAKISTAN (Reuters) -Pakistan’s central bank raised its benchmark interest rate by 100 basis points to 22% at an emergency…
India’s cenbank may cut rates in early 2024 as inflation eases – S&P
MUMBAI (Reuters) – The Reserve Bank of India will likely start cutting the policy repo rate in early 2024 once…
Philippines agrees $1.14 billion loans with World Bank for environment, farming
MANILA (Reuters) – The Philippines on Monday said it had signed four loan agreements with the World Bank totalling $1.14…
Turkey’s lira hits new low after bank rules’ rollback
By Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) -The Turkish lira slid as much as 3% to a record low…
Marketmind: World markets calm after Russia drama
A look at the day ahead in U.S. and global markets from Mike Dolan. More perplexed by events than anything…
China’s JD.com to open grocery stores by merging 7Fresh, other units
BEIJING (Reuters) – Chinese e-commerce giant JD.com plans to open retail grocery stores through the merger of its 7Fresh supermarket…
Recession risk, rate rises drive down private equity deal volumes to 4-year low
By Patturaja Murugaboopathy (Reuters) – Dealmaking by private equity firms hit its lowest in four years, under pressure from high…
Explainer-PwC Australia fights to contain government tax leak scandal
By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia has moved to contain the fallout from a…
Japan’s top currency diplomat escalates warning against weak yen
By Tetsushi Kajimoto TOKYO (Reuters) -Japan is not ruling out any options in responding appropriately to excessive currency moves, its…