Economy

Economy News

Russia’s G20 membership under fire from U.S., Western allies

By Andrea Shalal and Marek Strzelecki WASHINGTON (Reuters) -The United States and its Western allies are assessing whether Russia should remain within the Group of Twenty (G20) grouping of major.

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Economy News

Gold steady as robust Treasury yields counter Ukraine woes

By Asha Sistla (Reuters) – Gold prices held steady on Tuesday as U.S. Treasury yields hit multi-year highs following an aggressive inflation stance by the Federal Reserve chairman, while an.

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Economy News

‘Launching Financial Grownups’ shows how to raise money-smart kids

By Chris Taylor NEW YORK (Reuters) – When it comes to passing money smarts to children, many parents know where to start. In the beginning, they introduce kids to the.

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Fed will raise rates more aggressively if needed, Powell says

By Ann Saphir and Lindsay (NYSE:LNN) Dunsmuir (Reuters) -Federal Reserve Chair Jerome Powell on Monday delivered his most muscular message to date on his battle with too-high inflation, saying the.

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Miners lead gains as war and rate hikes rattle nerves

By Xie Yu HONG KONG (Reuters) – Gains in banks, energy and mining stocks lifted Asian equities a little higher on Tuesday as investors braced for aggressive U.S. rate hikes.

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China Evergrande, units unable to publish annual results by March 31

By Clare Jim and Jason Xue HONG KONG (Reuters) -China Evergrande Group said on Tuesday the embattled developer would not be able to publish its financial results for last year.

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Economy News

Gold little changed as focus remains on Ukraine crisis

(Reuters) – Gold prices rose on Monday, lifted by safe-haven demand as the Ukraine crisis showed no signs of abatement, although the gains were capped by the U.S. Federal Reserve’s.

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China keeps lending benchmark unchanged but Q2 easing expected

SHANGHAI (Reuters) – China kept its benchmark interest rate for corporate and household lending unchanged on Monday, as expected, although analysts say the case for monetary stimulus is building amid.

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ECB will react to second-round inflation effects – Handelsblatt

FRANKFURT (Reuters) – The European Central Bank will take action if it sees second-round inflation effects and a de-anchoring of medium-term inflation expectations, European Central Bank Vice President Luis de.

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Economy News

Czech central bank may discuss further use of FX reserves to slow inflation

PRAGUE (Reuters) – The Czech central bank may discuss whether to use its large foreign exchange reserves to not only stabilise exchange rate fluctuations but also for fighting inflation, central.

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