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…
Business
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…
Grupo Mexico says negotiations with government more difficult after railway expropriation
MEXICO CITY (Reuters) – Grupo Mexico said on Sunday its negotiations with the government are facing difficulties after the Mexican…
Japan March core machinery orders fall for 2nd straight month
TOKYO (Reuters) – Japan core machinery orders fell in March for a second straight month, indicating firms’ cautious about capital…
Instagram back up after global outage affecting thousands of users
(Reuters) -Meta Platform Inc’s Instagram was back up for most users, the company said on Sunday, after a technical issue…
South Korea May 1-20 exports fall 16.1% on year
SEOUL (Reuters) – South Korean exports in the first 20 days of May fell 16.1% from a year earlier and…