Bank of Korea unexpectedly cuts interest rates by 25 bps
Investing.com– South Korea’s central bank lowered its interest rates by another 25 basis points in a surprise move on Thursday, as the bank warned that economic growth was likely to…
Analysis-Australia’s hot jobs market keeps rate cuts out of reach
By Stella Qiu SYDNEY (Reuters) – Australia’s world-beating labour market is one of the main obstacles stopping the country’s central bank from joining global peers in reversing the most aggressive…
Euro jump, rising yen put brakes on the dollar
By Tom Westbrook SINGAPORE (Reuters) – The euro clung to its sharpest rise in four months on Thursday following hawkish remarks from a central bank policymaker, while the yen powered…
UK house prices became slightly more affordable in 2024, Halifax says
By David Milliken LONDON (Reuters) – Buying a new home in Britain became a little more affordable this year as average wages rose faster than house prices and mortgage costs,…
South Korea makes first back-to-back rate cuts since 2009
By Cynthia Kim and Jihoon Lee SEOUL (Reuters) -South Korea’s central bank cut benchmark interest rates for a second straight meeting on Thursday in a surprise move as the economy…
Bank of Korea unexpectedly cuts rates for second straight meeting
SEOUL (Reuters) – South Korea’s central bank unexpectedly cut interest rates by 25 basis points to 3.00% on Thursday, delivering its first back-to-back cuts since the global financial crisis of…
Analysis-Adani allegations shine spotlight on India’s clean energy conundrum
By Sudarshan Varadhan and Sethuraman N R NEW DELHI (Reuters) – Bribery allegations against Adani Group founder Gautam Adani have highlighted the growing problem India’s renewable energy developers face in…
Bank of Korea unexpectedly cuts interest rates by 25 bps
Investing.com– South Korea’s central bank lowered its interest rates by another 25 basis points in a surprise move on Thursday, as the bank warned that economic growth was likely to…
Analysis-Australia’s hot jobs market keeps rate cuts out of reach
By Stella Qiu SYDNEY (Reuters) – Australia’s world-beating labour market is one of the main obstacles stopping the country’s central bank from joining global peers in reversing the most aggressive…
Euro jump, rising yen put brakes on the dollar
By Tom Westbrook SINGAPORE (Reuters) – The euro clung to its sharpest rise in four months on Thursday following hawkish remarks from a central bank policymaker, while the yen powered…