Abu Dhabi identifies $2 billion in investment opportunities in South Korea
SEOUL (Reuters) – Abu Dhabi organisations have identified about $2 billion of investment opportunities in South Korea after the two…
Business
Explainer-How Wall Street is preparing for possible US debt default
By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON (Reuters) – As talks over raising the U.S. government’s $31.4 trillion debt…
Australia wins U.S. support for critical minerals industry
MELBOURNE (Reuters) -Australia has won the backing of the United States for development of its critical minerals industry after the…
Australia says PwC leak of government tax documents may be referred to police
SYDNEY (Reuters) – Australia said on Monday the government will take further steps in response to the leak of government…
Marketmind: Not so fast, debt ceiling bulls!
A look at the day ahead in European and global markets from Kevin Buckland You didn’t think it would be…
NZ central bank to hike by 25 bps, risk grows of higher peak for rates
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank is expected to deliver a 25-basis point hike on Wednesday,…
China holds lending rates steady; market sees reserve ratio cut as next move
SHANGHAI/SINGAPORE (Reuters) -China kept its benchmark lending rates unchanged for the ninth month in May on Monday, matching market expectations,…
Economists push back expected Fed rate cut to 2024, NABE poll shows
By Michael S. Derby NEW YORK (Reuters) – Economists have pushed back their expectations of when the Federal Reserve will…
Australia hits buy-now-pay-later sector with consumer credit law
By Byron Kaye and Renju Jose SYDNEY (Reuters) -Australia said it would regulate buy-now-pay-later services as a consumer credit product…
Indian rupee poised to weaken after central bank pulls 2,000-rupee notes
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is expected to open weaker against the U.S. dollar after the…