LONDON (Reuters) – Global public pension schemes and sovereign wealth funds managing more than $3 trillion in assets fear a…
Kuwait central bank raises discount rate by half percentage point – statement
CAIRO (Reuters) – The central bank of Kuwait raised its discount rate by 0.50% from 3% to 3.50% effective Dec.…
Russia’s Jan-Nov oil output up 2% ahead of EU ban, price caps
MOSCOW (Reuters) – Russia’s January-November oil and gas condensate production rose 2.2% from a year earlier to 488 million tonnes,…
Poor countries’ debt servicing is the costliest since 2000 – World Bank
By Rodrigo Campos NEW YORK (Reuters) – The poorest countries in the world now spend over a tenth of their…
Gulf states, looking East, to reinforce economic ties with China as Xi visits Saudi
By Rachna Uppal DUBAI (Reuters) – Trade and investment ties between China and Gulf Arab states are expected to feature…
Airlines see return to profit in 2023, clash with airports
By Emma Farge GENEVA (Reuters) -Global airlines are predicting their first industry-wide profit since 2019 next year as air travel…
FX swap debt a $80 trillion ‘blind spot’ BIS says
By Marc Jones LONDON (Reuters) – Pension funds and other ‘non-bank’ financial firms have more than $80 trillion of hidden,…
India well placed to face global headwinds -World Bank
By Manoj Kumar NEW DELHI (Reuters) -India is better placed than many other emerging economies to weather the impact of…
Marketmind: Five Alive
A look at the day ahead in U.S. and global markets from Mike Dolan. With a bit of a lag…
Samsung, LG plan multi-billion-dollar additional investment in Vietnam
HANOI (Reuters) – South Korean electronics giants Samsung and LG plan to pour billions of dollars of additional investment into…