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Recent Posts

  • Investors react to Trump’s 30% tariffs on EU and Mexico
    July 12, 2025
  • US online spending surges $24.1 billion as steep discounts boost sales, Adobe says
    July 12, 2025
  • U.S. Credit Outlook: 10 key themes to position for Q3
    July 12, 2025
  • December 9, 2024

World Bank cuts Kenya's 2024 growth estimate to 4.7% on fiscal challenges

By Duncan Miriri NAIROBI (Reuters) - The World Bank downgraded Kenya's economic growth estimate for this year to 4.7% on Tuesday, from an initial 5.0%, citing the impact of...

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  • December 9, 2024

Aussie drops after RBA softens tone; US dollar steady before CPI

By Kevin Buckland TOKYO (Reuters) -The Australian dollar sank towards a four-month low on Tuesday after the central bank softened its tone on the policy outlook, raising...

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  • December 9, 2024

Australia Treasurer to consult with counterpart on makeup of new RBA boards

SYDNEY (Reuters) - Australia Treasurer Jim Chalmers said on Tuesday he would consult with his opposition counterpart Angus Taylor on the makeup of new Reserve Bank of Australia...

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  • December 9, 2024

RBA keeps rates steady as expected, flags some confidence in easing inflation

-- The Reserve Bank of Australia kept interest rates unchanged as widely expected on Tuesday while flagging some confidence that inflation was moving towards its...

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  • December 9, 2024

Australian interest rate changes since 1990

SYDNEY (Reuters) - The Reserve Bank of Australia on Tuesday left the cash rate unchanged at 4.35% following its December policy meeting. The following is a chronology of the...

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  • December 9, 2024

India inflation likely fell in Nov on moderating vegetable prices: Reuters poll

By Rahul Trivedi and Pranoy Krishna BENGALURU (Reuters) - India retail inflation likely fell to 5.53% in November after breaching the central bank's 6% upper tolerance band as the...

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  • December 9, 2024

South Korea opposition party plans to pass government budget bill on Tuesday

SEOUL (Reuters) - South Korea's main opposition party said on Tuesday it would pass a government budget bill for 2025 that triggered President Yoon Suk Yeol's martial law decree...

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  • December 9, 2024

TikTok hires ex-Trump administration lawyer ahead of Supreme Court appeal

By Mike Scarcella (Reuters) - TikTok and its Chinese owner ByteDance have turned to a veteran U.S. Supreme Court lawyer as they prepare to ask the justices to block a law that...

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  • December 9, 2024

US importers set to accelerate shipments to record levels on tariff, strike threats

By Siddharth Cavale NEW YORK (Reuters) - The United States' busy ports kicked activity up a notch in November and December, when inbound cargo traffic is set to reach new records,...

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  • December 9, 2024

Morning Bid: RBA decides, debate sparks over China policy shift

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets.  The Reserve Bank of Australia's interest rate decision takes center stage on Tuesday, while debate...

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