ECB’s Cipollone says geopolitical risks strengthen case for European payments autonomy
MADRID, Jan 28 (Reuters) – Rising geopolitical tensions are firming the case for Europe to develop payment systems…
Australia’s hotter Q4 core inflation fuels bets for rate hike next week
Core Q4 inflation rises to uncomfortable level, puts RBA on high alert Headline inflation also accelerates in December,…
America Inc’s productivity boom may be going global
ORLANDO, Florida, Jan 26 (Reuters) – The rumblings of a productivity boom are reverberating through the U.S. economy…
Brazil corporate profit remittances hit record before new tax
Record $18 billion profit remittances in December, central bank data shows New 10% tax on profit remittances starts…
Poland cools on joining euro zone after its economy surges, FT reports
Jan 25 (Reuters) – Poland is in no hurry to join the euro zone, Finance Minister Andrzej Domanski…
S&P revises Congo’s outlook to ‘positive’ as reforms, mining strength boost economy
Jan 23 – Global credit ratings agency S&P on Friday revised the Democratic Republic of Congo’s outlook to…
Brazil central bank to start cutting rates in March to boost weak economy
BUENOS AIRES, Jan 23 (Reuters) – Brazil’s central bank will likely start cutting interest rates for the first…
Largest European pension fund ABP cut back US Treasury holdings last year
LONDON, Jan 23 (Reuters) – The value of the U.S. Treasuries held by Dutch pension fund ABP, Europe’s…
Surprise UK retail sales rise adds to signs of pickup in economy
UK retail sales rise 0.4% in December Economists had expected 0.1% fall Data adds to early signs of…
China’s Africa lending nearly halved in 2024, shifts to yuan
Six African projects funded in 2024, including in Kenya and Egypt Yuan loans replace dollar in China’s Africa…
China issues $13.4 billion of treasury bonds to support equipment upgrades
BEIJING, Jan 22 (Reuters) – China has issued the first batch of 93.6 billion yuan ($13.44 billion) of…
Global bond markets shaken by Japan selloff, Greenland worries
Japanese bond selloff spills over globally Long-dated U.S. yields post biggest two-day rise since May Greenland tensions add…