Sri Lanka slashes rates as expected after IMF rescue, more easing seen soon
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) -Sri Lanka cut its key interest rates for the second straight month…
Business
Argentina to push July IMF debt payments to month-end -source
BUENOS AIRES (Reuters) – Argentina will push loan repayments due to the International Monetary Fund (IMF) in July to the…
Marketmind: Markets labor on China, three jobs gauges
A look at the day ahead in U.S. and global markets from Mike Dolan World markets have taken a hit…
ECB backs draft EU rules for winding down smaller banks
FRANKFURT (Reuters) – The European Central Bank on Thursday backed proposed new EU rules for closing down smaller banks when…
Indian rupee rangebound in near term, to rise a bit in a year: Reuters poll
By Shaloo Shrivastava and Anant Chandak BENGALURU (Reuters) – The rupee will hold on to its recent gains against the…
Order limiting Biden officials’ social media outreach on shaky legal ground, experts say
By Brendan Pierson and Andrew Goudsward (Reuters) – A federal judge’s order restricting Biden administration officials from contacting social media…
Beijing’s curbs on niche metal exports threaten China supply glut
BEIJING (Reuters) – China faces a growing surplus of two strategic metals if Beijing restricts exports, industry players said, weighing…
Bitcoin hits 13-month high
LONDON (Reuters) – Bitcoin hit its highest level in 13 months on Thursday rising as much as 3.28% to $31,500….
Chinese rush to buy Hong Kong insurance, dollars as confidence cracks, yuan weakens
SHANGHAI/HONG KONG (Reuters) – Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a…
Euro zone retail sales flat in May, still down year-on-year
BRUSSELS (Reuters) – Retail sales in the euro zone were unchanged in May, Eurostat said on Thursday, as increased spending…