Bank of England set to stay in central bank slow lane and keep rates on hold
By William Schomberg LONDON (Reuters) – The Bank of England looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than…
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How likely is a Bank of Japan rate hike next week?
TOKYO (Reuters) -The Bank of Japan holds its final policy meeting for the year next week with its decision to be announced just hours after that of the U.S. Federal…
TikTok’s Canada unit seeks judicial review of shutdown orders
(Reuters) – TikTok’s Canada unit filed an emergency motion with Canada’s Federal Court seeking a judicial review of an order that the company shut down its operations in the country…
Singapore economists see growth of 3.6% in 2024, monetary policy unchanged in January
By Bing Hong Lok SINGAPORE (Reuters) – Singapore’s economy will grow 3.6% this year, up from a previous forecast of 2.6% expansion, while monetary policy settings are expected to remain…
Myanmar’s economy to shrink as floods compound crisis, says World Bank
By Shoon Naing (Reuters) – Myanmar’s economy is expected to shrink by 1% in the current fiscal year, the World Bank said on Wednesday, sharply downgrading its economic forecast as…
Stocks settle in for nervous wait on US CPI
By Tom Westbrook SINGAPORE (Reuters) – Asian stock markets and the dollar took a breather on Wednesday ahead of an anticipated rate cut in Canada and a U.S. inflation reading…
What to expect from China’s CEWC amid increased stimulus talk
Investing.com– China is set to kick off a two-day annual meeting of Communist Party leaders from Wednesday, with the conference expected to provide more cues on the country’s plans for…
EY worker’s death spotlights India’s unprotected white-collar labour
By Shivam Patel NEW DELHI (Reuters) – Authorities in two Indian states that are driving its economic growth are drafting tighter workplace rules and inspections to protect white collar employees…
Party City mulling second bankruptcy filing, Bloomberg reports
(Reuters) – Party City Holdco Inc (OTC:PRTYQ) is planning a second bankruptcy filing nearly two years after it filed for one in the U.S. as it runs out of cash…
Dollar holds ground ahead of CPI, Aussie wallows near 4-month low
By Kevin Buckland TOKYO (Reuters) – The dollar traded close to a two-week high versus the yen on Wednesday ahead of a highly anticipated reading of U.S. inflation that could…