Economy

Economy News

Russia-Ukraine war to slow 2022 growth in developing Asia – ADB

MANILA (Reuters) – Growth in developing Asia will likely be slower this year than previously thought, the Asian Development Bank said on Wednesday, as the war in Ukraine is expected.

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Economy News

Treasury’s Yellen, WHO’s Tedros vow to tackle underfunding of pandemic readiness

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen met with the head of the World Health Organization in Washington on Tuesday and the two agreed to work toward boosting global.

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Business Economy News

Germany’s Bundesbank warns over bank loans to hot property market -report

BERLIN (Reuters) – Germany’s Bundesbank is worried about banks lending to overextended buyers in an overheated property market and reserves the right to impose additional curbs, board director Joachim Wuermeling.

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Economy News

U.S. buybacks seen at record highs ahead of earnings reports

By Noel Randewich (Reuters) – U.S. stock buybacks appear to be hitting new records as companies head into quarterly earnings season, even as some investors worry about the growing threat.

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Economy News

Australia’s central bank, no longer ‘patient’, opens door to tightening

By Wayne Cole SYDNEY (Reuters) -Australia’s central bank on Tuesday opened the door to the first interest rate increase in more than a decade as it dropped a previous pledge.

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Economy News

IMF says monitoring political and economic developments in Sri Lanka ‘very closely’

COLOMBO (Reuters) – The International Monetary Fund (IMF) said on Tuesday that it is monitoring political and economic developments in Sri Lanka “very closely” as public unrest in the island.

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Economy News

Japan’s household spending up but price rises weigh on outlook

By Daniel Leussink TOKYO (Reuters) -Japan’s household spending rose for a second consecutive month year-on-year in February, helped by a flattering comparison with last year’s sharp pandemic-induced slump but the.

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Economy News

Russia-Ukraine fallout starts felling fragile ‘frontier’ economies

By Rachel Savage and Marc Jones LONDON (Reuters) -The fallout of the Russia and Ukraine war has just helped tip two of world’s poorest countries into full-blown crises, and the.

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Business Economy News

U.S. Senate negotiators reach deal on $10 billion for COVID aid

WASHINGTON (Reuters) -Negotiators in Congress have agreed to an additional $10 billion in COVID-19 funding to address U.S. needs but have dropped international aid from the package, Senate Majority Leader.

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Economy News

Singapore expected to tighten monetary policy – but by how much?

(Corrects and clarifies Bank of America (NYSE:BAC) forecast.) By Chen Lin and Aradhana Aravindan SINGAPORE (Reuters) -Singapore’s central bank is likely to tighten its policy settings at its review this.

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