BENGALURU (Reuters) – The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the…
India’s April-Sept fiscal deficit touches $74.91 billion, tax receipts rise
NEW DELHI (Reuters) – India’s federal fiscal deficit in the first half of the financial year through September rose to…
Swedish economy heading for ‘tough winter’, new finance minister says
By Johan Ahlander and Anna Ringstrom STOCKHOLM (Reuters) -The Swedish economy is heading into a recession next year, driven by…
Euro zone inflation soars past forecasts to new record high
FRANKFURT (Reuters) – Euro zone inflation surged past expectations yet again this month to hit a record high, pointing to…
Europe’s debt market strains force some governments to rework trading rules
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Some euro zone countries have eased rules for the banks that manage…
COSCO Shipping says to buy $2.7 billion port assets from parent, in $2.9 billion ship building deal
(Reuters) – COSCO Shipping Holdings Co Ltd said on Monday it has agreed to buy port assets from its parent…
U.N., Turkey, Ukraine press ahead with Black Sea grain deal despite Russian pullout
By Pavel Polityuk and Michelle Nichols KYIV/NEW YORK (Reuters) -The United Nations, Turkey and Ukraine are pressing ahead to implement…
Grain market braces for price flurry as Black Sea corridor in doubt
By Gus Trompiz PARIS (Reuters) -Wheat futures are expected to leap on Monday as Russia’s withdrawal from a Black Sea…
ECB’s next rate move likely between 50 and 75 bps, Knot says
AMSTERDAM (Reuters) -The European Central Bank (ECB) could hike its interest rates by 75 basis points again at its next…
He Lifeng: China’s expected new economic tsar has big shoes to fill
By Kevin Yao BEIJING (Reuters) – He Lifeng, head of China’s state planning agency, is likely to succeed the country’s…