Japan, South Korea revive currency swaps as icy relations slowly thaw
By Tetsushi Kajimoto and Jihoon Lee TOKYO/SEOUL (Reuters) – Japan and South Korea agreed on Thursday to revive a $10-billion…
Brazil central bank improves 2023 GDP growth forecast to 2.0%
BRASILIA (Reuters) – Brazil’s central bank joined on Thursday a wave of recent upward revisions for the country’s economic growth…
Brazil Finance Minister confirms 3% inflation target in 2024, backs tweaking time frame
SAO PAULO (Reuters) – Brazil’s finance minister has confirmed the country’s monetary council will keep next year’s inflation target at…
EU leaders push to fund Ukraine with proceeds from Russia’s frozen assets
By Jan Strupczewski BRUSSELS (Reuters) – European Union leaders will push senior officials on Thursday to find legal ways to…
Carrefour Brasil bets on know-how to expand small stores operation
By Carolina Pulice MEXICO CITY (Reuters) – Grupo Carrefour Brasil launched a franchise model of convenience stores in the Brazilian…
Ferrari launches two hybrid models in limited series based on SF90 supercar
MILAN (Reuters) – Luxury sports automaker Ferrari on Thursday unveiled two new plug-in hybrid models, produced in limited series and…
Fed turns screw, Micron pops
A look at the day ahead in U.S. and global markets from Mike Dolan Emboldened by still-punchy U.S. economic activity,…
Analysis-‘Show us the money’: Canada pressured by allies to up military spending
By Steve Scherer OTTAWA (Reuters) – Canada is expected to boost military spending after a government review next month, but…
Japan finance minister declines to rule out any options on weak yen
By Tetsushi Kajimoto TOKYO (Reuters) – Japan will not rule out any options in responding to currency market moves that…
Renault shares driven higher by better 2023 outlook
PARIS (Reuters) – Renault shares jumped more than 7% on Thursday after it raised its 2023 financial outlook thanks to…