The flooding has crippled Pakistan’s agricultural sector, battering the country as it reels from an economic crisis and double-digit inflation that has sent the price of basics soaring. Navigating floodwaters in the Dadu district of Sindh Province, of Pakistan, on Thursday.Credit…Fareed Khan/Associated Press Supported by Send any friend a story As a subscriber, you have 10 gift articles to give […]

FILE PHOTO: Photo for illustration. A man is silhouetted in an electronic board showing the FTSE MIB Index for the Italian equity market in this photo illustration taken in Rome August 9, 2011. REUTERS/Tony Gentile./File PhotoLONDON (Reuters) – Bond funds recorded their largest weekly inflow since late 2021 while equity funds were sold off, suggesting investors are becoming increasingly risk […]

SHANGHAI (Reuters) -China’s central bank stood pat on its medium-term policy rate for a sixth straight month on Friday, as expected, with investors believing that the bank intends to gradually normalise monetary policy after the easing made during COVID lockdowns.FILE PHOTO: Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. […]

SHANGHAI (Reuters) -China’s central bank stood pat on its medium-term policy rate for a sixth straight month on Friday, as expected, with investors believing that the bank intends to gradually normalise monetary policy after the easing made during COVID lockdowns.FILE PHOTO: Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. […]

ORLANDO, Fla. (Reuters) – The Fed is nowhere near taking a victory lap on inflation, but some signals from the bond market suggest that day may not be quite as distant as policymakers had anticipated. As recession fears yank commodity prices down from their recent peaks – last week, oil and copper had fallen 20% in less than a month […]

TOKYO (Reuters) – The Bank of Japan ramped up bond buying on Tuesday as its yield cap came under renewed pressure from rising global interest rates, highlighting its difficulty in remaining a dovish outlier in a global wave of monetary tightening.FILE PHOTO: A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/The central bank’s […]

A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/IllustrationTOKYO (Reuters) -The yen’s recent “significant” depreciation reflects fundamentals, such as market expectations of differing monetary policy paths between Japan and the United States, a senior International Monetary Fund (IMF) official said on Thursday. Ranil Salgado, the IMF’s Japan mission chief, said the yen’s recent […]

MUMBAI (Reuters) -The Reserve Bank of India raised its key lending rate by 40 basis points to 4.40% on Wednesday to rein in rising inflation, catching markets by surprise with an unscheduled meeting of its monetary policy committee.FILE PHOTO: A security guard’s reflection is seen next to the logo of the Reserve Bank Of India (RBI) at the RBI headquarters […]

FILE PHOTO: Daleep Singh, U.S. Deputy National Security Advisor for international economics, speaks about sanctions against Russia during a press briefing at the White House in Washington, U.S., February 22, 2022. REUTERS/Kevin Lamarque     WASHINGTON (Reuters) – A White House adviser on Thursday suggested the United States could lower tariffs imposed on a host of Chinese goods such as bicycles or […]

The Kremlin has used a barrage of increasingly outlandish falsehoods to prop up its overarching claim that the invasion of Ukraine is justified. President Vladimir V. Putin of Russia has tried to create an alternative reality. Credit…Erin Schaff/The New York Times Supported by Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone […]