Argentina central bank hikes key rate to 133% as inflation worsens
The facade of Argentina’s Central Bank is pictured in the financial district of Buenos Aires, Argentina December 7, 2021. REUTERS/Agustin Marcarian/File Photo Acquire Licensing Rights...
Developing countries facing a debt crunch
LONDON, Oct 4 (Reuters) – High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing...
Argentina inflation hits 124% as cost-of-living crisis sharpens
BUENOS AIRES, Sept 13 (Reuters) – Argentina’s annual inflation rate shot up to 124.4% in August and hit its highest level since 1991, stoking a...
DoubleLine’s Gundlach expects Fed rate cuts in first half of 2024
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger Acquire Licensing Rights...
As inflation soars, Argentines say they’ve seen this film before
[1/4]A man pleads with riot police during protests against the Supreme Court and its backing of banking curbs, in Buenos Aires, Argentina January 10, 2002....
Japan at ‘inflection point’ in 25-year battle with deflation, government says
[1/2]People walk at an office building at a business district in Tokyo, Japan, February 29, 2016. REUTERS/Yuya Shino Acquire Licensing Rights TOKYO, Aug 29 (Reuters)...
Fukushima wastewater released into the ocean, China bans all Japanese seafood
China criticises action as ‘selfish and irresponsible’ Japan and IAEA say radioactivity levels well below safe levels Initial release about 3 Olympic swimming pools worth...
Fed meeting minutes could hint at end of rate hikes
WASHINGTON, Aug 16 (Reuters) – The minutes of the Federal Reserve’s policy meeting last month may indicate on Wednesday how many policymakers feel the U.S....
Maersk warns of slower demand for container shipping
COPENHAGEN, Aug 4 (Reuters) – Shipping group A.P. Moller-Maersk (MAERSKb.CO) warned on Friday of a steeper decline in global demand for shipping containers by sea...
China state banks seen selling US dollars to prop up yuan -sources
SHANGHAI/BEIJING, July 25 (Reuters) – China’s major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in...