Brazil working on solution for exports to Argentina, says minister
By Lisandra Paraguassu BRASILIA (Reuters) -Brazil offered on Tuesday to help cash-strapped Argentina and provide support to Brazilian exporters so…
Economy
Bank of Korea’s Rhee says ‘little bit premature’ for policy pivot – CNBC
INCHEON, South Korea (Reuters) -South Korea’s central bank chief welcomed an easing in inflation but said it was “a little…
Indonesia economy likely grew 4.95% on year in Q1, contracted vs quarter: Reuters poll
By Sujith Pai BENGALURU (Reuters) – Indonesian annual economic growth likely slowed to its weakest in more than a year…
Failed bank executives, regulators to testify before Senate panel
By Pete Schroeder (Reuters) – The U.S. Senate Banking Committee said on Tuesday it would hear from former top officials…
Thousands of union contracts to dissolve in Mexico’s fight against pro-company deals
By Daina Beth Solomon MEXICO CITY (Reuters) – Thousands of pro-business union contracts in Mexico are set to expire as…
Fed in stride to pole-vault 5% policy rate, then perhaps catch its breath
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve kicks off a two-day policy meeting on Tuesday that is likely…
PNC promises up to $15 billion in short-term debt to provide additional liquidity
(Reuters) -PNC Financial Services Group Inc said on Tuesday the parent company and its banking unit can offer up to…
Exclusive-White House: Fed interest rates having negative effect on banking
By Andrea Shalal WASHINGTON (Reuters) -A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at…
Carrefour Brasil swings to quarterly loss as BIG purchase weighs
SAO PAULO(Reuters) -Carrefour Brasil reported a first quarter net loss of 113 million reais ($22.39 million), hit by high investment…
Indexes fall 1% as regional banks tumble, investors fret before Fed
By Caroline Valetkevitch NEW YORK (Reuters) – Major U.S. stock indexes fell more than 1% each on Tuesday as regional…