ZURICH (Reuters) -UBS’s first-quarter net profit rose 17% on Tuesday to its best since 2007 on the back of strong trading, upending expectations for a fall amidst uncertainties over the.
By Leika Kihara (Reuters) -The Asian region faces a “stagflationary” outlook, a senior International Monetary Fund (IMF) official warned on Tuesday, citing the Ukraine war, spike in commodity costs and.
By Jihoon Lee SEOUL (Reuters) -South Korea’s economic growth nearly halved in the first quarter from the preceding three months on coronavirus curbs and surging inflation, while a slowing Chinese.
COLOMBO (Reuters) – Sri Lanka has begun discussions with China about refinancing its debt, a cabinet spokesman said on Tuesday, as Colombo struggles with its worst financial crisis in decades..
FRANKFURT (Reuters) – The European Central Bank should raise interest rates soon and has room for up to three hikes this year, ECB policymaker Martins Kazaks told Reuters, joining a.
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is set to maintain ultra-low interest rates on Thursday and hold off from major tweaks to its dovish policy guidance,.
By Dhara Ranasinghe, Saikat Chatterjee and Alun John LONDON/HONG KONG (Reuters) -The euro failed to gain a boost from pro-EU centrist Emmanuel Macron re-election as France’s president, and European share.
By Takaya Yamaguchi TOKYO (Reuters) -Japan’s government will spend $48 billion to fund subsidies and other relief measures to cushion the economic blow from rising fuel and raw material prices,.
SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose in March by its fastest pace in a decade, outpacing economist forecasts, driven by higher inflation for food and services, official.
By Balazs Koranyi WASHINGTON (Reuters) -European Central Bank policymakers are keen to end their bond purchase scheme at the earliest possible moment and raise interest rates as soon as July.
