By Devayani Sathyan BENGALURU (Reuters) -The Reserve Bank of Australia will likely raise its interest rate by 25 basis points to 4.35% on Tuesday to tame stubbornly high inflation, although a Reuters[...]
Read moreJuly 2, 2023
China forex regulator Pan Gongsheng named central bank party boss
(Reuters) -China’s ruling Communist Party appointed central bank Deputy Governor Pan Gongsheng as the bank’s party secretary on Saturday, a move the Wall Street Journal said would be a pre[...]
Read moreMarketmind: Q3 kicks off with China PMI in spotlight
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia gets the new quarter underway with a sense of optimism and momentum[...]
Read moreBarclays seeks to stop being corporate banker to Odey Asset Management – FT
(Reuters) -Barclays is looking to terminate its corporate banking relationship with Odey Asset Management (OAM), the Financial Times reported on Sunday, predominantly due to sexual assault allegations[...]
Read moreTyson Foods to drop ‘no antibiotics ever’ label on some chicken products
(Reuters) -Tyson Foods is reintroducing certain antibiotics to its chicken supply chain and will drop its “no antibiotics ever” tagline from Tyson-branded chicken products, a Tyson spokesp[...]
Read moreAustralian home prices climb for fourth month in June
SYDNEY (Reuters) – Australian home prices rose for a fourth consecutive month in June as a sustained squeeze on housing supply helped lift values nationwide, data showed on Monday. Property cons[...]
Read morePIMCO CIO says preparing for ‘harder landing’ for global economy – FT
(Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to continue their campaign of interest rate rises, Dani[...]
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