A look at the day ahead in U.S. and global markets from Mike Dolan. With everyone on Wall St seemingly…
India foodgrain subsidy bill to surge 30% to $33 billion this year – source
By Nikunj Ohri New Delhi (Reuters) – India’s spending on subsidised foodgrain to the poor may rise to 2.7 trillion…
World Bank, partners launch tracking system to clean up carbon markets
By Susanna Twidale and Simon Jessop LONDON (Reuters) – The World Bank and partners including Singapore on Wednesday launched a…
Automakers, South Korea urge U.S. to tap commercial EV tax credit
By David Shepardson WASHINGTON (Reuters) – Many automakers and the South Korean government are urging the Biden administration to tap…
China’s trade suffers worst slump in 2-1/2 years as COVID woes, feeble demand take toll
BEIJING (Reuters) – China’s exports and imports shrank at their steepest pace in at least 2-1/2 years in November, as…
Expert View: India cenbank hikes key policy rate by 35 basis points
BENGALURU (Reuters) – The Reserve Bank of India’s key repo rate was raised by 35 basis points (bps) on Wednesday…
U.S. lawmakers ease planned curbs on Chinese chips amid corporate pushback
By Alexandra Alper WASHINGTON (Reuters) -U.S. senators scaled back a proposal that placed new curbs on the use of Chinese-made…
Analysis-G7 Russian oil price cap evolves from revenue squeeze to market anchor
By David Lawder and Timothy Gardner WASHINGTON (Reuters) – When U.S. officials first floated the idea of capping Russian oil…
Pace of Mexico rate hikes could start to slow, cenbanker says
By Valentine Hilaire and Anthony Esposito MEXICO CITY (Reuters) -The Bank of Mexico’s cycle of interest rate hikes is not…
U.S. watchdog levies $7.7 million in fines against KPMG entities
By Chris Prentice (Reuters) -A U.S. agency tasked with overseeing the audits of public companies on Tuesday said it imposed…