Central banks, waiting for relief on inflation, lean towards higher rates
By Howard Schneider, Balazs Koranyi and Leika Kihara WASHINGTON/FRANKFURT/TOKYO (Reuters) -Two years into confronting rising inflation, the world’s top central…
Canada
Westpac raises Australia cash rate peak forecast to 4.6%
SYDNEY (Reuters) – Westpac on Friday lifted its forecast for Australia’s cash rate peak to 4.6%, tipping quarter-point hikes in…
Taiwan agrees to fully open to Canadian beef imports ahead of trade deal
TAIPEI (Reuters) – Taiwan’s government on Thursday agreed to fully open its market to imports of Canadian beef, lifting a…
Russian foreign ministry summons Canadian envoy over plane confiscation
OTTAWA (Reuters) – Russia’s Foreign Ministry said on Thursday that it had summoned a Canadian diplomat in Moscow in protest…
Factbox-Layoffs pick up pace in Canada as Bell cuts 1,300 roles
(Reuters) – Canadian companies across industries have laid off thousands in recent months as a post-pandemic spending splurge fades and…
Canada’s housing data shows recovery accelerating before rate hike
By Fergal Smith TORONTO (Reuters) – Canada’s housing market showed further signs of recovery in May following a yearlong slump,…
Canadian housing starts fall 23% in May – CMHC
OTTAWA (Reuters) – Canadian housing starts fell 23% in May compared with the previous month as groundbreaking decreased on multiple…
Ex-AIIB comms chief says was advised to flee China after fiery resignation
(Refiles to correct name in paragraph 15) By Laurie Chen BEIJING (Reuters) – A senior employee of the Beijing-based Asian…
Canada freezes deportation of Indian students who used fraudulent university letters
OTTAWA (Reuters) – Canada will freeze the planned deportation of dozens of students who entered the country using fraudulent university…
US dollar falls, but off four-week lows, as Fed signals more rate hikes
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid on Wednesday after the Federal Reserve held interest rates…