Economy

Economy News

BOJ’s Kuroda warns of high economic uncertainty, repeats easy policy bias

By Leika Kihara TOKYO (Reuters) -Bank of Japan (BOJ) Governor Haruhiko Kuroda on Monday warned of “very high uncertainty” over the economic outlook and stressed anew the central bank’s readiness.

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Economy News

China’s June factory inflation cools counter to global trends

BEIJING (Reuters) -China’s factory-gate inflation cooled in June to the lowest in 15 months as the country continues to buck the global trend of accelerating prices. The producer price index.

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Economy News

Former Sebi chief bats for unified G-Secs, corporate bond market

The unification of the regulatory structure for trading, clearing and settlement of corporate bonds and G-Secs will result in “economies of scale and scope” leading to greater competition, innovation and.

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Business Economy News

Govt exempts excise on Indian carriers buying ATF for foreign flights

However, airlines will continue to pay an 11 per cent excise duty on ATF used for flying aircraft domestically. In a notification dated July 7, the finance ministry said the.

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Economy News

Preparing roadmap for 25 years with reforms by conviction, says PM

Prime Minister Modi, meanwhile, listed out the steps taken by his government to promote inclusive growth. He said nine crore free cooking gas connections have been given, 10 crore toilets.

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Economy News

Costa Rica’s Chaves launches Pacific Alliance trade push

SAN JOSE (Reuters) – Costa Rican President Rodrigo Chaves said on Friday he has ordered his ministers to launch talks to join the Pacific Alliance, a multinational pact focused on.

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Economy News

Stocks flat, oil gains as rate hikes loom following strong jobs data

By Pete Schroeder WASHINGTON (Reuters) – Wall Street ended the day flat on Friday as Treasury yields jumped following a stronger-than-expected U.S. jobs report, which suggested the Federal Reserve may.

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Economy News

U.S. consumer credit growth slows considerably in May

WASHINGTON (Reuters) – U.S. consumer credit rose at its slowest pace in four months in May as Americans pulled back on credit card usage, a trend that if sustained, could.

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Economy News

IMF says it held productive talks on new programme for Egypt

CAIRO (Reuters) – The International Monetary Fund (IMF) said on Friday it had held productive discussions during a staff visit to Egypt on economic policies and reforms to be supported.

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Economy News

U.S. Treasury to end 1979 treaty with global minimum tax holdout Hungary

WASHINGTON (Reuters) – The U.S. Treasury on Friday said it was moving to terminate a 1979 tax treaty with Hungary in the wake of Budapest’s decision to block the European.

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