Economy

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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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Economy News

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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Economy News

Shanghai’s Disney resort shut amid record daily local COVID infections

SHANGHAI (Reuters) – China’s financial hub of Shanghai reported on Monday a record daily surge in local COVID-19 infections as authorities scrambled to test residents and rein in the Omicron.

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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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