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Economy

Economy

Exclusive-Pakistan formally requests IMF RST money, targeting $1 billion, finance minister says

WASHINGTON (Reuters) – Pakistan is targeting around $1 billion in a formal request for funding from the IMF facility that helps lows…
Economy

Thai cbank sees no need for inflation target change, no easing cycle ahead

By Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai BANGKOK (Reuters) – Thailand’s current inflation target range of 1% to 3% has “served…
Economy

Brazil to calculate potential GDP to balance debate on rates, says minister

By Marcela Ayres WASHINGTON (Reuters) – Brazil’s government is considering calculating the country’s potential growth rate in addition to the official GDP…
Economy

Czech central bank can keep easing, but with eye to inflation spots, rate-setter says

By Jan Lopatka and Jason Hovet PRAGUE (Reuters) – The Czech National Bank can continue easing monetary policy amid weaker growth abroad…
Economy

Factbox-Reactions to the first expanded BRICS summit

(Reuters) – Russia this week hosted the first summit of the newly expanded BRICS club of emerging economies, with leaders agreeing a…
Economy

Analysis-Retro bonds return from the ’80s to speed up debt reworks, but at a cost

By Karin Strohecker and Libby George WASHINGTON/LONDON (Reuters) – The recent cascade of countries defaulting on their debt has brought back into…
Economy

Boeing CEO presses turnaround as loss balloons to $6 billion

(Reuters) -Boeing CEO Kelly Ortberg laid out a turnaround plan on Wednesday, calling for a “fundamental culture change” at the struggling planemaker…
Economy

ECB starting to debate if rates must fall below neutral level – Reuters

Investing.com — European Central Bank officials have begun to debate whether the time has come to start lowering interest rates to a level…
Economy

CME Group profit jumps on record trading strength

(Reuters) -CME Group reported a rise in third-quarter profit on Wednesday, as uncertainty around the U.S. monetary policy path led investors to…
Economy

IMF urges Turkey to avoid repeat of bumper minimum wage hike

By Karin Strohecker WASHINGTON (Reuters) – Turkey should avoid a repeat of its last inflation-fuelling minimum wage hike when the next raise…
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