Pakistan targets fiscal deficit of 6.54% in budget closely watched by IMF
By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan’s government will target a budget deficit of 6.54% of economic…
Economy
Investors channel billions into emerging markets, but China drops again-IIF
By Libby George LONDON (Reuters) – Foreign investors piling into Asian fixed income and stocks propelled emerging market portfolio inflows…
Goldman Sachs fintech executive Stephanie Cohen to take leave of absence: memo
By Lananh Nguyen NEW YORK (Reuters) – Stephanie Cohen, the head of Goldman Sachs Group Inc’s fintech unit called Platform…
Russian central bank gives most hawkish signal this year as it holds rates
By Elena Fabrichnaya, Vladimir Soldatkin and Alexander Marrow MOSCOW (Reuters) -Russia’s central bank issued its strongest signal yet that it…
Canada’s May unemployment rate rises for first time in nine months to 5.2%
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada unexpectedly shed jobs in May and the unemployment rate rose for…
Factbox-UBS, government agree on Credit Suisse loss guarantees – key points
(Reuters) – UBS and the Swiss government agreed on Friday on how they will share losses linked to the bank’s…
Canada loses 17,300 jobs in May, jobless rate rises to 5.2%
TORONTO (Reuters) – Canada’s economy lost a net 17,300 jobs in May, entirely in full-time work, and the jobless rate…
U.S. equity funds post biggest weekly outflow in 10 weeks
(Reuters) – U.S. equity funds had their biggest weekly outflow in 10 weeks in the seven days to June 7…
Retail traders tiptoe back into U.S. stocks after 3-month hiatus
(Reuters) – Retail trading in U.S. stocks is starting to pick up again after months of slowdown, data showed, as…
With eye on China, US and five allies condemn trade-related ‘economic coercion’
By Jeff Mason WASHINGTON (Reuters) – The United States and five of its allies on Friday condemned the use of…