PARIS (Reuters) -The European Central Bank should raise interest rates by 50 basis points (bp) on Dec. 15, French central…
Saudi Exchange launches market-making framework to boost liquidity
DUBAI (Reuters) – Saudi Arabia’s stock exchange said on Sunday it was launching a market-making framework for its stock and…
Italy’s Meloni may water down cash payments plan after EU talks
ROME (Reuters) – Italy’s Prime Minister Giorgia Meloni said on Sunday that she may water down plans to make it…
EU to adapt state aid schemes in response to U.S. subsidy package
BRUSSELS (Reuters) -The EU will adapt its state aid rules to prevent an exodus of investment triggered by a new…
Canada’s deep yield curve inversion adds to BoC rate hike dilemma
By Fergal Smith TORONTO (Reuters) – As the Bank of Canada considers ditching oversized interest rate hikes, it is dealing…
Wall Street hunts for recession plays to weather potential 2023 turbulence
By David Randall NEW YORK (Reuters) -Investors are eyeing everything from the U.S. healthcare sector to UK stocks and gold…
Air pollution hurts Bangladesh GDP as well as health, World Bank says
(Reuters) – Air pollution in Bangladesh is robbing the South Asian nation of economic growth as well as causing premature…
BOJ’s Wakatabe warns risk of ‘Japanification’ not gone yet
TOKYO (Reuters) – Even as cost-push factors boost inflation, global central banks must be vigilant to the risk of “Japanification”,…
Saudi Aramco’s Luberef expects to raise up to $1.32 billion from IPO
By Yousef Saba DUBAI (Reuters) – Saudi oil giant Aramco’s base oil subsidiary Luberef expects to raise up to 4.95…
Japan cautious on capital gains tax; must stick to increasing defence
TOKYO (Reuters) – Japan should avoid rushing into raising capital gains tax as doing so could send a wrong message…