Economy

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.

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.

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.

LJUBLJANA (Reuters) – Slovenian Prime Minister Janez Jansa hopes to shake off criticism of his record on democracy and media freedoms to win a fourth term in a parliamentary election.