Economy

Economy News

China to cut provident fund loan interest rate for first-time home buyers

China to cut provident fund loan interest rate for first-time home buyers

FILE PHOTO: Unfinished apartment buildings stand at a residential complex developed by Jiadengbao Real Estate in Guilin, Guangxi Zhuang Autonomous…
Fed seen sticking with rate hikes as inflation stays hot

Fed seen sticking with rate hikes as inflation stays hot

U.S. dollar banknote in front of stock graph is seen in this illustration taken, June 12, 2022. REUTERS/Dado Ruvic/Illustration By…
Russia seen holding rates at 7.5% until year-end as inflation remains elevated: Reuters poll

Russia seen holding rates at 7.5% until year-end as inflation remains elevated: Reuters poll

A Russian one rouble coin is pictured in front of a monitor showing St. Basil’s Cathedral and a tower of…
Xi hails newly approved Chinese C919 jet as historic landmark

Xi hails newly approved Chinese C919 jet as historic landmark

FILE PHOTO: The third prototype of China’s home-built passenger jet C919 takes off during its first test flight at Shanghai…
UK Policy Chaos Turns Pound Into Most Volatile Major Currency

UK Policy Chaos Turns Pound Into Most Volatile Major Currency

&copy Bloomberg. Commuters pass the Royal Exchange and the Bank of England (BOE) in the City of London, UK, on…
Philippine economy to grow more slowly than previously thought in 2022 -IMF

Philippine economy to grow more slowly than previously thought in 2022 -IMF

FILE PHOTO: Vendors work at a public market in Quezon City, Philippines, August 9, 2022. REUTERS/Eloisa Lopez/File Photo MANILA (Reuters)…
Factbox-Pounded: A history of UK currency crises and crashes

Factbox-Pounded: A history of UK currency crises and crashes

FILE PHOTO: UK pound coins plunge into water in this illustration picture, October 26, 2017. Picture taken October 26, 2017.…
U.K. Bond Meltdown Worsens After Kwarteng Promises «More to Come»

U.K. Bond Meltdown Worsens After Kwarteng Promises «More to Come»

  GBP/USD -0.73% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings…
France says inflation control is the main priority for 2023 budget

France says inflation control is the main priority for 2023 budget

French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire attends a news conference to present French government…
Banks in the euro zone will have to raise provisions to cope with economic slowdown

Banks in the euro zone will have to raise provisions to cope with economic slowdown

FILE PHOTO: Vice-President of the European Central Bank (ECB) Luis de Guindos gives a statement during the second day of…
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