U.S. appeals court rejects Biden’s bid to revive student debt plan By Reuters
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© Reuters. FILE PHOTO: A graduating student records the academic procession during the Commencement ceremony at the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts, U.S., May 27, 2022. REUTERS/Brian Snyder By Nate Raymond (Reuters) -A federal appeals court on Wednesday declined to put on hold a Texas judge’s ruling that said President Joe Biden’s […]
IMF strategy chief heads to China, to focus on speeding up debt treatments By Reuters
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© Reuters. FILE PHOTO: The International Monetary Fund (IMF) mission’s head Ceyla Pazarbasioglu speaks during a news conference in Kyiv October 29, 2008. REUTERS/Konstantin Chernichkin By Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund strategy chief Ceyla Pazarbasioglu said she will travel to China next week for high-level meetings, part of efforts to press the world’s […]
European shares jump on Powell’s speech, China relief By Reuters
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© Reuters. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 30, 2022. REUTERS/Staff (Reuters) – European shares scaled over three-month highs on Thursday, cheered by U.S. Federal Reserve Chair Jerome Powell signalling smaller interest rate hikes ahead, and China softening its tone on strict COVID-19 rules. […]
Philippines central bank ready to adjust policy settings amid resilient economy By Reuters
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© Reuters. FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco/File Photo MANILA (Reuters) – The Philippines central bank has policy flexibility given a resilient economy and stands ready to adjust interest rates to bring inflation […]
Zambia on track for debt restructuring next quarter -finance minister By Reuters
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© Reuters. FILE PHOTO: Zambia’s Finance Minister Situmbeko Musokotwane attends the Annual Meetings of the International Monetary Fund and World Bank in Washington, U.S., October 15, 2022. REUTERS/James Lawler Duggan By Rachel Savage and Bhargav Acharya JOHANNESBURG (Reuters) -Zambia is pushing hard to complete the restructuring of nearly $15 billion of external debt in the […]
At state visit, Biden and Macron face dispute over American subsidies By Reuters
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4/4 © Reuters. U.S. President Joe Biden and French President Emmanuel Macron walk next to vehicles as they meet for dinner at Fiola Mare restaurant in the Georgetown neighborhood of Washington, U.S., November 30, 2022. REUTERS/Evelyn Hockstein 2/4 By Steve Holland and Michel Rose WASHINGTON (Reuters) – U.S. President Joe Biden and French President Emmanuel […]
RBI seen raising rates by smaller 35bps in Dec, hiking again in early 2023: Reuters poll By Reuters
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© Reuters. FILE PHOTO: A Reserve Bank of India (RBI) logo is seen at the gate of its office in New Delhi, India, November 9, 2018. REUTERS/Altaf Hussain By Shaloo Shrivastava BENGALURU (Reuters) – The Reserve Bank of India will raise interest rates by a smaller 35 basis points to 6.25% in December, according to […]
BOJ policymaker signals chance of ‘pre-emptive’ stimulus withdrawal By Reuters
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© Reuters. Examples of Japanese yen banknotes are displayed at a factory of the National Printing Bureau producing Bank of Japan notes at a media event about a new series of banknotes scheduled to be introduced in 2024, in Tokyo, Japan, November 21, 2022. REUTERS/Ki By Leika Kihara AKITA, Japan (Reuters) -Bank of Japan board […]
Analysis-China central bank to offer limited, targeted growth support, no bazooka By Reuters
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© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo By Kevin Yao BEIJING (Reuters) – China’s $17 trillion economy is headed for one of its worst showings this year in almost […]
Asian FX bulls loom on signs of slowing Fed rate hikes, China reopening: Reuters poll By Reuters
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© Reuters. A currency dealer looks at screens at a dealing room of a bank in Seoul June 24, 2013. REUTERS/Lee Jae-Won/Files By Savyata Mishra (Reuters) – Investors turned modestly bullish on currencies of South Korea, Malaysia and Thailand, supported by prospects of China’s reopening, a Reuters poll found, while bearish positions on other Asian […]