Economy

Economy News

Ukraine faces key test on debt freeze plan in bid to avoid messy default

By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – Ukraine’s creditors vote this week on a government proposal to defer payments on the war-torn country’s international bonds for 24.

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Indonesian GDP growth accelerates in Q2, beats forecast

By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia’s economic growth accelerated in the April-June quarter amid an export boom driven by rising commodity prices, official data showed on.

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UK house prices fall for first time in 13 months, Halifax says

LONDON (Reuters) – House prices in Britain fell for the first time in more than a year in July when they edged down by 0.1% from June, figures from mortgage.

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Dire performance of new Hong Kong listings clouds prospects for IPO pickup

By Scott Murdoch HONG KONG (Reuters) – The majority of stocks listed in Hong Kong since the start of last year are trading well below their initial selling prices, data.

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India cenbank raises rates 50 bps as inflation concerns remain

By Swati Bhat and Chris Thomas MUMBAI (Reuters) – The Reserve Bank of India’s key policy repo rate was raised by 50 basis points on Friday, the third increase in.

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Indian Central Bank Hikes Rates by More Than Expected, Vows More Tightening

By Ambar Warrick Investing.com– The Reserve Bank of India (RBI) hiked its benchmark rate by more than expected on Friday and vowed to further tighten monetary policy, citing a clear.

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Britain lifts rates by most since 1995, latest to deliver aggressive hikes

(Reuters) – The Bank of England raised interest rates on Thursday by half-a-point in its biggest move in 27 years to tame inflation. Central banks in the United States, Canada,.

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Bank of England raises rates by most since 1995 even as long recession looms

By William Schomberg and David Milliken LONDON (Reuters) -The Bank of England raised interest rates by the most in 27 years on Thursday, despite warning that a long recession is.

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Analysis-Hong Kong’s cheap funding window shrinks as banks feel cash tighten

SHANGHAI/HONG KONG (Reuters) – Investors who have exploited Hong Kong’s cheap interest rates all year to fund other trades globally are finding that the window is closing as local cash.

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Yes Bank raises $1.1 billion, expansion plans on table

The expansion plan of the mid-sized lender, Yes Bank comes after it raised $1.1 billion last week by selling up to a 10% stake to Carlyle Group and Advent International.

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