By David Lawder WASHINGTON (Reuters) -The world’s poorest countries now owe $62 billion in annual debt service to official bilateral creditors, an increase of 35% over the past year, World Bank[...]
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Asia
IMF’s Georgieva to press for quicker action on debt relief with China
By Andrea Shalal NEW YORK (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that she will travel to Beijing next week with heads of other international ins[...]
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World Bank’s Malpass: Bill for rebuilding Ukraine rising, not detecting donor fatigue
NEW YORK (Reuters) – World Bank President David Malpass on Thursday said the expected cost for rebuilding Ukraine will go up “quite a bit” from the roughly $350 billion estimated ear[...]
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Amazon’s cloud unit wants to widen appeal of cashier-less tech
By Jeffrey Dastin LAS VEGAS (Reuters) – Amazon.com Inc hopes to interest a wider range of industries in the technology it developed for cashier-less checkout at brick-and-mortar shops, a vice pr[...]
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Financial conditionality
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets close the week on a solid footing, which is how they may well round off the year if fina[...]
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Wall Street takes a breath after Powell rally while dollar falls
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – Wall Street equities made little progress in Thursday’s choppy session as investors digested economic data after a big rally in t[...]
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REUTERS NEXT: U.S. Treasury’s Adeyemo calls for global cooperation on crypto regulations
WASHINGTON (Reuters) – The collapse of Bahamas-based cryptocurrency exchange FTX points up the need for the United States to cooperate with other countries to develop effective international reg[...]
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REUTERS NEXT: Treasury’s Adeyemo says China continues to struggle with zero-COVID policy
NEW YORK (Reuters) – U.S. Deputy Treasury Secretary Wally Adeyemo said China was continuing to struggle with its zero-COVID policy and growth there been disappointing, while policies aimed at la[...]
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Global factory activity shrank in November but price pressures ease
By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) -Global factory output fell widely last month with U.S. manufacturing activity contracting for the first time in 2-1/2 years and the im[...]
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