Economy

Economy News

China targets slower economic growth as headwinds gather

By Kevin Yao and Ryan Woo BEIJING (Reuters) -China on Saturday targeted slower economic growth of around 5.5% this year as domestic headwinds, including a downturn in its vast real.

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Economy News

China aims to boost big-bank loans to small business over 40% in 2022

BEIJING/SHANGHAI (Reuters) – China aims to boost lending to small businesses from large commercial banks by over 40% this year, Premier Li Keqiang told the annual meeting of parliament on.

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Economy News

Russia-Ukraine turmoil triggers market stress alarms

By Dhara Ranasinghe, Yoruk Bahceli and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Financial indicators signalled increasing signs of stresses spreading through global markets on Friday as concerns grow over the wider.

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Business Economy News

Rate-hike fears abate but Ukraine muddies stock market outlook

By Lewis Krauskopf NEW YORK (Reuters) – Geopolitical worries are clouding the outlook for U.S. stocks, even as Russia’s invasion of Ukraine moderates expectations for how aggressively the Federal Reserve.

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Economy News

Venezuela February inflation was lowest since 2014

CARACAS (Reuters) – Venezuela’s rate of consumer price inflation continued to fall in February to 2.9%, the lowest figure in eight years, the central bank said on Friday. The government.

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Economy News

Factbox-Stranded assets: How many billions are stuck in Russia?

NEW YORK (Reuters) – So far global companies, banks and investors have announced that they have exposure in some form to Russia of more than $110 billion. That number could.

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Economy News

Column-Might the ECB be tempted to prop up the euro?: McGeever

By Jamie McGeever ORLANDO, Fla. (Reuters) – The ballooning euro cost of oil and gas to record highs as war rages in Ukraine has prompted markets to murmur about the.

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Economy News

World Bank Ukraine loan disbursement grows to 460 million euros-sources

WASHINGTON (Reuters) – A World Bank emergency cash disbursement to Ukraine will grow to 460 million euros ($509 million) with contributions from Sweden and the Netherlands, and will be submitted.

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Economy News

NY Fed’s Williams says U.S. economy not in stagflation scenario

By Jonnelle Marte (Reuters) – Russia’s invasion of Ukraine adds uncertainty to the U.S. economic outlook and may boost near-term inflation, but household savings and strong economic growth should help.

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Economy News

S.Korea Feb inflation accelerates to near decade high amid Ukraine crisis

By Joori Roh SEOUL (Reuters) – South Korea’s consumer inflation hovered near a decade high in February and stood above the central bank’s 2% target for an 11th month, adding.

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