Yellen says US-backed IMF funding increase is ‘pretty likely’
U.S. Treasury Secretary Janet Yellen addresses a news conference during a G20 finance ministers' and Central Bank governors' meeting at...
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Twenty arrested in Hong Kong over false document pension withdrawals amid row over UK passport
An evening view of the financial central district of Hong Kong, China October 3, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsHONG KONG, Oct 13 (Reuters) - Hong Kong’s anti-corruption agency said on Friday 20 people had been arrested suspected of taking bribes to help people apply for early withdrawal of government pension funds with false documents, amid a row over new passports offered by Britain.Hong Kong pension funds have been in the spotlight since the emigration of more than 140,000 Hong Kong people to Britain after 2020 when China imposed...
Global stocks weighed down by inflation jitters
Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square,...
Exclusive: Banks assess China risks after being stung by Russia sanctions
Banking industry is assessing China exposuresReview of risks sent to Western governments - UK FinanceBank boards discuss possible impact of...
Dollar gains after US consumer prices rise more than expected
The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis...
France, Germany close to EU energy market reform deal, finance minister LeMaire says
French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire leaves following the weekly cabinet meeting at the...
Morning Bid: A window into the Fed’s thinking
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 29, 2023....
Dollar loses steam ahead of Fed meeting minutes, US inflation test
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3,...
Morning Bid: Fed pivot begins to crystallize
Oct 11 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.A slump in U.S. bond yields, after another Federal Reserve official signaled that the central bank's interest rate-hiking cycle is over, will put Asian markets on a positive footing on Wednesday, despite renewed stress in China's property sector.Investors in the region also have key Japanese business activity indicators and South Korean current account figures on their plate on Wednesday, and there will no doubt be headlines coming from the IMF and World...
IMF says global economy ‘limping along,’ cuts growth forecast for China, euro area
Global growth forecast unchanged at 3.0% in 2023Inflation dropping but 'not quite there yet'-IMF chief economistIMF raises U.S. forecast, cuts...
