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Investment News

Fed officials steer cautiously toward potential rate cuts

June 19, 2024 by LWN

By Ann Saphir and Lindsay (NYSE:) Dunsmuir (Reuters) -Federal Reserve officials, heartened by recent data, are looking for further confirmation that inflation is cooling and for any warning signs from a still-strong labor market as they steer cautiously toward what …

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Categories General, Investment News Tags Federal Reserve, New York, TELEVISION

US VP Harris announces $1.5 billion in Ukraine aid at Switzerland peace summit

June 16, 2024 by LWN

By Steve Holland LUCERNE, Switzerland (Reuters) -U.S. Vice President Kamala Harris pledged America’s unwavering support for Ukraine and announced more than $1.5 billion in aid for the country’s energy sector and its humanitarian situation as a result of Russia’s 27-month …

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Categories General, Investment News Tags France, Los Angeles, Russia, United States, US, White House

Business boom builds Qatar-Saudi entente as Gulf rift fades

June 13, 2024 by LWN

(This June 12 story has been corrected to remove an erroneous reference to Oman as one of the countries involved in the 2017-2021 boycott of Qatar in paragraph 9) By Andrew Mills DOHA (Reuters) – When Saudi Crown Prince Mohammed …

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Categories General, Investment News Tags CEO, Israel, Saudi Arabia, US

Some US lawmakers call for more scrutiny of news app NewsBreak over Chinese origins

June 10, 2024 by LWN

By Alexandra Alper and James Pearson WASHINGTON/LONDON (Reuters) -Three U.S. lawmakers have called for more scrutiny of NewsBreak, a popular news aggregation app in the United States, after Reuters reported it has Chinese origins and has used artificial intelligence tools …

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Categories General, Investment News Tags Beijing, CEO, China, London, San Francisco, United States, US

Russian central bank urges global integration despite sanctions

June 7, 2024 by LWN

ST PETERSBURG (Reuters) – Despite Western sanctions, Russia must be integrated in the global economy with countries that are prepared to work with it, central bank Governor Elvira Nabiullina said at Russia’s flagship annual economic forum in St Petersburg on …

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Categories General, Investment News Tags Moscow, Russia

Brazil’s economy forecast to have picked up pace in first quarter

June 4, 2024 by LWN

By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy is forecast to have picked up pace in the first quarter of the year, a Reuters poll showed, driven by an increase in federal outlays that added to stronger household spending …

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Categories General, Investment News

Pakistan growth target 3.6% next year, inflation to dip to 12%, ministry says

June 1, 2024 by LWN

(Reuters) – Pakistan’s Planning Ministry said on Friday that the economic outlook for the next year was positive, with a growth target of 3.6%, while inflation was likely to moderate to 12%. Pakistan will present its annual budget on June …

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Categories General, Investment News Tags IMF, International Monetary Fund

Canada, Ontario in deal for affordable housing amid soaring home costs

May 29, 2024 by LWN

By Saadeq Ahmed TORONTO (Reuters) – Canada’s government and the province of Ontario struck a C$357 million deal on Tuesday to allocate federal funds to build affordable housing in the country’s most populous province to help alleviate a housing crisis …

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Categories General, Investment News Tags Canada

Earthquake of magnitude 6.4 strikes Vanuatu Islands

May 26, 2024 by LWN

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be …

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Categories General, Investment News

Singapore posts fastest growth in 18 months as outlook improves

May 23, 2024 by LWN

By Xinghui Kok SINGAPORE (Reuters) -Singapore’s economy grew 2.7% year-on-year in the first quarter of 2024, the quickest pace in 18 months, data showed on Thursday as the government said it expected manufacturing and trade-related sectors to improve over the …

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Categories General, Investment News Tags Singapore
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