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…
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…
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 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…
Weaker UK jobs data may offer inflation relief to BoE
Private sector pay grows by least since November 2020 UK regular wage growth slows to 4.5% Jobless rate…
Libya devalues dinar by 14.7%, second cut in less than a year
Jan 18 (Reuters) – Libya’s central bank announced a 14.7% devaluation of the dinar on Sunday, setting the…
Senegal raises $254 mln in regional debt auction as yields climb
DAKAR, Jan 16 (Reuters) – Senegal raised 154 billion CFA francs ($254 million) in a regional debt auction…
Exclusive: South Korea’s $350 billion US investment unlikely to kick off in H1, finmin says
South Korea’s $350-bln package pushed beyond first half Slumping won pressures efforts to advance U.S. deal plans S.Korea…
Trump says he may veto extension of Obamacare subsidies
Jan 11 (Reuters) – U.S. President Donald Trump said on Sunday he might veto legislation to extend federal…
Zambia drops plan to extend IMF loan programme
JOHANNESBURG, Jan 7 (Reuters) – Zambia has ditched plans to extend its International Monetary Fund loan programme before…
Explainer: Venezuela’s billions in distressed debt: Who is in line to collect?
NEW YORK/LONDON, Jan 4 (Reuters) – The toppling of President Nicolas Maduro has thrust Venezuela’s debt crisis –…