Author Archives: Syndicated Content
Analysis-Indonesia’s renewed dalliance with global bond investors may be brief
By Ankur Banerjee and Patturaja Murugaboopathy SINGAPORE (Reuters) - A sudden surge of foreign interest in Indonesian bonds may be reaching a peak, as investors see local interest rates holding steady...
Feb 21, 2023
Sticky inflation to nudge Reserve Bank of India to hike rates once more – Reuters poll
By Madhumita Gokhale and Sujith Pai BENGALURU (Reuters) - The Reserve Bank of India will increase its main interest rate by 25 basis points to 6.75% in April and then pause until the end of 2023, acco...
Feb 21, 2023
Japan’s modest business services price rise highlights dilemma for central bank
TOKYO (Reuters) - Japan's business-to-business services prices rose 1.6% in January from a year earlier, much slower than a 9.5% jump in wholesale goods prices, a sign the recent pick-up in inflation ...
Feb 21, 2023
North Korea paper calls outside aid ‘poisoned candy’, urges self-reliance
By Hyonhee Shin SEOUL (Reuters) - North Korea's official newspaper said on Wednesday that relying on external aid to cope with food shortages would be equal to taking "poisoned candy", urging economic...
Feb 21, 2023
Pakistan seeks breakthroughs in high-level U.S. trade talks
By Andrea Shalal WASHINGTON (Reuters) - Pakistan is looking for breakthroughs in agriculture and information technology during the first ministerial level meeting of a U.S.-Pakistani trade and investm...
Feb 21, 2023
Spice maker McCormick sees ‘pushback’ from retailers on price increases -CEO
By Jessica DiNapoli BOCA RATON, Fla (Reuters) - McCormick & Company Inc is looking to hike prices on its spices and hot sauces at retailers like Walmart Inc and Kroger Co but is getting "pushback" on ...
Feb 21, 2023
China tells Japan it is troubled by Tokyo’s military build up
By Sakura Murakami TOKYO (Reuters) -A senior Chinese diplomat told his Japanese counterpart that Beijing was very troubled by Tokyo's military build up and criticised it for adopting a "Cold War menta...
Feb 21, 2023
Russia rails at UN move on Ukraine, China readies ‘position paper’
By Michelle Nichols UNITED NATIONS (Reuters) - Russia has urged U.N. states to vote against an "unbalanced and anti-Russian" move at the General Assembly by Ukraine and others to mark one year since M...
Feb 21, 2023
NZ central bank hikes rates by 50bps, as expected, flags more to come
WELLINGTON (Reuters) - New Zealand's central bank raised interest rates by 50 basis points to a more than 14-year high of 4.75% on Wednesday, and said it expects to keep tightening further to ensure i...
Feb 21, 2023
Dollar, sterling underpinned by upbeat PMI surveys; kiwi jumps
By Rae Wee SINGAPORE (Reuters) - The dollar and sterling were buoyant on Wednesday, after a surprise rebound in business activity in the United States and the UK raised the likelihood that their respe...
Feb 21, 2023
