China passes guidance for supporting private sector – state media
BEIJING (Reuters) – China’s ruling Communist Party has passed guidance for promoting the development of private firms, state media said…
Economy
Marketmind: April boomlet mocks recession script
A look at the day ahead in U.S. and global markets from Mike Dolan The signal is still lost in…
Rate hike worries drive US bond funds first outflow in three weeks
(Reuters) – U.S. bond funds suffered big outflows in the week to April 19 on expectations that the Federal Reserve…
Nestle, PAI to create joint venture for frozen pizza in Europe
BERLIN (Reuters) – Nestle and private equity firm PAI Partners have agreed to set up a joint venture for Nestle’s…
Investors turn net sellers of global equity funds on recession fears
(Reuters) – Rising concerns of a recession following weaker economic data and expectations the Fed will keep hiking rates to…
Investors cut cash holdings as market focus shifts to inflation
By Lucy Raitano LONDON (Reuters) – Investors cut their cash holdings for the first time in eight weeks in the…
Hungary central bank to leave base rate steady at 13% next week – Reuters poll
By Gergely Szakacs BUDAPEST (Reuters) – The National Bank of Hungary is expected to leave its base rate steady at…
Argentina’s economy teeters on the edge of deeper crisis as market anxiety grows- Reuters Poll
By Gabriel Burin BUENOS AIRES (Reuters) – Argentina’s economy will teeter on the edge of a deeper crisis in the…
Sri Lanka consumer inflation dips to 49.2% y/y in March
By Uditha Jayasinghe (Reuters) -Sri Lanka’s National Consumer Price Index (NCPI) eased to 49.2% year-on-year in March, after a 53.6%…
China’s exports to North Korea rise sharply in March
BEIJING (Reuters) – China’s overall exports to North Korea in March rose sharply compared with the same month last year…