By Richa Naidu and Helen Reid (Reuters) – Consumer goods firms like Nestle, Lindt and Unilever may face increased pressure across Europe to cut prices after being singled out by French retailers[...]
Read moreSeptember 21, 2023
As Samsung and Hyundai repatriate more earnings, weak won gets some reprieve
By Yena Park, Jihoon Lee and Cynthia Kim SEOUL (Reuters) – South Korea’s major exporters of cars and smartphones are bringing home a bigger chunk of their earnings this year to enjoy new t[...]
Read moreSwiss central bank in wait and see mode after surprise pause in hikes
By John Revill ZURICH (Reuters) -The Swiss National Bank held out the prospect of further interest rate hikes later this year after it surprised markets on Thursday by pausing its current cycle of inc[...]
Read moreNational World sounds out investors for Telegraph bidding group -sources
By Amy-Jo Crowley LONDON (Reuters) – British publisher National World is sounding out potential investors to help finance a bid for the Telegraph newspaper group, three people with knowledge of[...]
Read moreTaiwan flags continued tight monetary policy, trims GDP forecast
By Liang-sa Loh and Faith Hung TAIPEI (Reuters) -Taiwan’s central bank on Thursday flagged continued tight monetary policy as it keeps a close eye on inflation, and trimmed its 2023 growth forec[...]
Read moreMarketmind: Fed leaves shoe dangling in policy parade
A look at the day ahead in U.S. and global markets by Mike Dolan Central banks line up across the world on Thursday to deliver updated policy settings but global markets sulked at the Federal Reserve[...]
Read moreAnalysis-Canada’s losing productivity streak adds to inflation problem
By Fergal Smith and Steve Scherer TORONTO (Reuters) – Canada’s record of declining productivity over the past three years is likely to make it more difficult for the Bank of Canada to tame[...]
Read moreAnalysis-China’s economic woes embolden calls for deeper reforms
By Kevin Yao BEIJING (Reuters) -China’s economic slowdown is polarising government advisers over the best way forward, with advocates of structural reforms now emerging from the shadows in a cha[...]
Read moreBank of England on brink of rate hike pause after inflation surprise
By William Schomberg LONDON (Reuters) – The Bank of England will announce on Thursday whether it is halting a run of interest rate hikes that stretches back to December 2021, a day after signs t[...]
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