African GDP growth to edge up in 2023 despite South Africa slide -AfDB
By Rachel Savage JOHANNESBURG (Reuters) -Africa’s economic growth is set to edge upwards in 2023 and 2024 amid tighter global…
Economy
Nigeria GDP growth slows ahead of interest rate announcement
By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s annual economic growth rate slowed to 2.3% in the first quarter, data showed…
NZ central bank signals done raising rates after hiking to 14-year high
By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s central bank on Wednesday signalled it was done tightening after raising rates by…
Greece appoints caretaker PM ahead of June repeat election
By Lefteris Papadimas ATHENS (Reuters) – Greece’s president appointed a caretaker prime minister on Wednesday to form a government that…
Toronto stock market seen up but slowdown in China could crimp gains: Reuters poll
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index will rally less than previously expected in 2023 as higher…
Chinese snap up lottery tickets amid economic gloom
BEIJING (Reuters) – April sales of Chinese lottery tickets jumped to their highest in a decade, data showed on Wednesday,…
South Africa inflation slows to 11-month low in April
By Alexander Winning and Tannur Anders JOHANNESBURG (Reuters) -South Africa’s headline consumer inflation slowed more than expected in April to…
Bank of Montreal quarterly profit rises on higher interest income
(Reuters) – Bank of Montreal’s second-quarter profit jumped as higher interest rates shored up the lender’s net interest income, the…
Analysis-US retailer holiday orders should boost transport demand, but risks loom
By Lisa Baertlein LOS ANGELES (Reuters) – The slumping U.S. transportation sector could be bouncing off a bottom as retailers…
Marketmind: Fears of 6% and US debt jam
A look at the day ahead in U.S. and global markets from Mike Dolan World markets are finally bracing for…