Economy

Economy News

Weak growth, inflation to keep BOJ an outlier with dovish policy tone

By Leika Kihara TOKYO (Reuters) – The Bank of Japan is set to keep monetary policy ultra-loose on Friday and warn of heightening economic risks from the Ukraine crisis, unfazed.

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Economy News

Australia’s central bank still patient on policy despite inflation shock

By Wayne Cole SYDNEY (Reuters) – Australia’s central bank remains prepared to be patient on raising interest rates as it waits for wage growth to pick up, though it warned.

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Business Economy News

China Opens Liquidity Gates Amid Rising Headwinds to Growth

(Bloomberg) — China unleashed more funds into the financial system as policy makers sought to bolster the economy weighed by resurgence in virus-led curbs and slowdown in the nation’s property.

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Business Economy News

Top 5 Things to Watch in Markets in the Week Ahead

By Noreen Burke Investing.com — The Federal Reserve is widely expected to announce its first interest rate hike since 2018 on Wednesday as policymakers try to balance the twin threats.

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Economy News

Russia counts on sanctions help from China; U.S. warns off Beijing

By Mark Trevelyan LONDON (Reuters) – Russia said on Sunday that it was counting on China to help it withstand the blow to its economy from Western sanctions over the.

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Economy News

Russian default no longer ‘improbable’, but no trigger for global financial crisis- IMF

By Andrea Shalal WASHINGTON (Reuters) -Russia may default on its debts in the wake of unprecedented sanctions over its invasion of Ukraine, but that would not trigger a global financial.

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Economy News

Euro zone to back broadly neutral, but flexible 2023 fiscal stance amid Ukraine war

By Jan Strupczewski BRUSSELS (Reuters) – Euro zone finance ministers are likely to endorse on Monday the European Commission’s view that fiscal policy should move from supportive to neutral in.

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Business Economy News

Apple suppliers Foxconn, Unimicron cut output amid China’s COVID curbs

By Sarah Wu and Yimou Lee TAIPEI (Reuters) -Apple suppliers Foxconn and Unimicron Technology Corp said on Monday they have suspended operations in the Chinese city of Shenzhen, after the.

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Economy News

Japan senior coalition lawmaker urges economic stimulus

TOKYO (Reuters) – A senior member of Japan’s ruling coalition said on Saturday the government should compile economic stimulus measures to address soaring energy and food costs. Natsuo Yamaguchi, head.

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Business Economy News

Fuel prices on March 13: Petrol, diesel prices in Mumbai, Delhi and other cities

On November 3, the Centre went for the deepest excise duty cut ever to cool prices from record highs, reducing the duty on petrol and diesel by Rs 5 and.

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