Economy

Economy News

S.Korea’s Yoon says he will move presidential office to defence ministry

By Josh Smith and Minwoo Park SEOUL (Reuters) – South Korean president-elect Yoon Suk-yeol, breaking with decades of tradition, said on Sunday he will move the presidential office from the.

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Economy News

IMF board to meet March 25 over Argentina debt deal: statement

WASHINGTON (Reuters) – The International Monetary Fund’s executive board will meet on March 25 to discuss Argentina’s request for a debt deal, an IMF spokesman said on Saturday. Argentina’s Senate.

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Economy News

Turkish finance minister says rise in energy prices accelerating inflation

ISTANBUL (Reuters) – Turkish Finance Minister Nureddin Nebati said on Saturday the global rise in energy prices was accelerating inflation in the country, but Ankara would continue working to lower.

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Economy News

ECB’s Holzmann argues again for rate rise – paper

ZURICH (Reuters) – European Central Bank (ECB) policymaker Robert Holzmann told an Austrian newspaper that the bank could send a clear message about fighting inflation by raising interest rates before.

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Business Economy News

Japan PM Kishida announces $42 billion investment in India

MUMBAI (Reuters) – Japanese Prime Minister Fumio Kishida on Saturday announced a 5 trillion yen ($42 billion) investment in India over the next five years during a meeting with Prime.

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Economy News

Russian Finance Minister proposes to reallocate $5 billion in budget spending in 2022

(Reuters) – Russia’s Finance Ministry said on Friday it has sent its proposals to reallocate 485.9 billion roubles ($5 billion) of budget spending in 2022 to focus on the most.

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Economy News

After sizzling rebound, investors weigh whether stocks have more bounce

By Lewis Krauskopf NEW YORK (Reuters) – Wall Street stormed back this week after absorbing a long-awaited rate hike from the Federal Reserve, leaving investors to determine whether stocks are.

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Economy News

Burger King says Russia operator ‘refused’ to shutter restaurants

By Hilary Russ NEW YORK (Reuters) -Burger King’s parent company said on Thursday it has not been able to close its 800 restaurants in Russia because its independent operator there.

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Economy News

Fed’s rate path balances inflation fight and pandemic unknowns, Barkin says

By Howard Schneider BALTIMORE (Reuters) – The rate increases projected by Federal Reserve officials this week represented a “balancing act” between the need to begin normalizing monetary policy in the.

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Economy News

EU proposes to create solidarity fund for Ukraine’s basic needs

AMSTERDAM (Reuters) – The European Union is considering creating a solidarity fund for Ukraine to help provide basic services in the country and meet citizens’ immediate needs, European Council President.

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