Economy

Economy News

Biden administration readies about $800 million in additional security aid for Ukraine -sources

By Patricia Zengerle, Idrees Ali and Steve Holland WASHINGTON (Reuters) -President Joe Biden’s administration is readying about $800 million of additional military aid to Ukraine and could announce it as.

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Economy News

SGX posts record revenue, profit inches up on derivatives boost

(Reuters) -Singapore Exchange Ltd said on Thursday it posted a marginally higher adjusted profit and record revenues, helped by the bourse operator’s push towards its derivatives product offerings amid a.

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Economy News

As ECB mulls another big hike, Schnabel says inflation outlook hasn’t improved

By Balazs Koranyi and Frank Siebelt FRANKFURT (Reuters) – The euro zone inflation outlook has failed to improve since a July rate hike, European Central Bank board member Isabel Schnabel.

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Economy News

U.S., Taiwan to start formal trade talks under new initiative

TAIPEI (Reuters) -The United States and Taiwan have agreed to start trade talks under a new initiative to reach agreements with “economically meaningful outcomes”, with a Taiwan official saying China’s.

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Economy News

Indonesia calculating cost of keeping fuel prices unchanged – president

By Stefanno Sulaiman and Ananda Teresia JAKARTA (Reuters) – Indonesia’s president on Thursday said his government was calculating how much longer it can sustain a policy of keeping fuel prices.

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Business Economy News

Yellen tells IRS to produce $80 billion spending plan within six months

By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen has directed the head of the Internal Revenue Service to produce a detailed plan for deploying $80 billion in.

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Economy News

UK CPI inflation jumps to 10.1%, highest since 1982

LONDON (Reuters) -British consumer price inflation rose to 10.1% in July, its highest since February 1982, up from an annual rate of 9.4% in June, as the squeeze on households.

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Economy News

NZ central bank signals aggressive tightening pace after 50-bps hike

By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s central bank on Wednesday delivered its seventh straight interest rate hike and signalled a more hawkish tightening path over coming months to rein.

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Economy News

Britain launches dispute resolution with EU over post-Brexit research

LONDON (Reuters) – Britain has launched dispute resolution proceedings with the European Union to try to gain access to the bloc’s scientific research programmes, including Horizon Europe, the government said.

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Economy News

New Zealand central bank’s Orr does not expect recession

WELLINGTON (Reuters) – Reserve Bank of New Zealand Governor Adrian Orr said on Wednesday that while growth would slow he did not expect a recession, adding that the central bank.

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