By Nandita Bose WASHINGTON (Reuters) -U.S. President Joe Biden and visiting Indian Prime Minister Narendra Modi will deliver remarks and take questions from journalists on Thursday during the Indian leader’s state visit, an event a senior White House official called a “big deal” It is unusual for Modi to take questions from the media, beyond…
By Leika Kihara and Takahiko Wada TOKYO/NAHA, Japan (Reuters) -Bank of Japan (BOJ) board member Asahi Noguchi said on Thursday the central bank must maintain ultra-loose monetary policy to ensure wages, seen as key to driving inflation to its 2% target, continue to increase as a trend. Noguchi said core consumer inflation, which has remained…
By Joe Cash (Reuters) – China’s Premier Li Qiang and dozens of world leaders will meet in Paris on Thursday and Friday to discuss ways to help low-income countries manage their debt burdens and free up funding for climate financing. As the world’s largest bilateral creditor, China is central to talks on making tangible progress…
By Ali Kucukgocmen ISTANBUL (Reuters) -Turkey’s central bank is expected to raise its policy rate sharply on Thursday in a strong signal that re-elected President Tayyip Erdogan has accepted some steps toward economic orthodoxy to address inflation that has soared under his watch. The expected policy pivot, under new central bank chief Hafize Gaye Erkan,…
By Trevor Hunnicutt and Ted Hesson WASHINGTON (Reuters) – The Biden administration will make it easier for Indians to live and work in the United States, using this week’s state visit by Prime Minister Narendra Modi to help some skilled workers enter or remain in the country, according to three people familiar with the matter….
(Reuters) – Telix Pharmaceuticals rose over 3% on Thursday to hit an all-time high, after the radiopharma company said it would acquire UK-based medical device firm Lightpoint Medical. Telix had entered an agreement to buy Lightpoint and its radio-guided surgery business SENSEI, which specialises in intra-operative detection of cancer in real time, the company said…
(Corrects story to delete extraneous word in bullet point, fix abbreviation in paragraph 4.) By Kevin Yao and Ziyi Tang BEIJING (Reuters) – China’s central bank is likely to cut lending rates further in a bid to revive the economy but reluctance among private firms and households to borrow means continued policy easing could end…
By Jeff Mason and Nandita Bose WASHINGTON (Reuters) – President Joe Biden and first lady Jill Biden will welcome Indian Prime Minister Narendra Modi to a White House decorated with peacocks and lotus blooms on Thursday, hosting a vegetarian dinner but no specialties from Modi’s home state of Gujarat. Modi, a strict Hindu who follows…
By Joseph Ax and Steve Gorman (Reuters) -Rescuers searching for a missing submersible near the wreck of the Titanic focused on Wednesday on a remote patch of the North Atlantic where undersea noises were detected, although officials cautioned the sounds may not have originated from the vessel. With the submersible’s air supply expected to run…
By Wayne Cole SYDNEY (Reuters) -The head of Australia’s central bank will find out in July whether he will be reappointed to a second term, as customary, or be passed over for a new leader as part of the biggest shake-up of the institution in decades. Treasurer Jim Chalmers told reporters on Thursday he would…
