Wednesday, 20 Nov 2024

Asia

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Former British Ambassador Is Arrested in Myanmar

Vicky Bowman is among several foreigners who have been arrested in the Southeast Asian nation after the military seized power in a coup last year. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. By Richard C. Paddock Myanmar’s military regime […]

Nafis Sadik, U.N. Official and ‘Proud Champion of Choice,’ Dies at 92

An obstetrician, she led a groundbreaking effort to put women’s rights to control all aspects of their lives at the heart of the global population debate. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. By Ed Shanahan Dr. Nafis Sadik, […]

Hong Kong central bank raises rates, warns of higher interbank rates

HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points to 2.75%, hours after the U.S. Federal Reserve delivered a rate hike of the same margin.Slideshow ( 2 images )Hong Kong’s monetary policy moves in lock-step with the United States’ […]

Column-The new economic normal – living with COVID: McGeever

(The opinions expressed here are those of the author, a columnist for Reuters.)People wait to take coronavirus disease (COVID-19) tests at a pop-up testing site in New York City, U.S., July 11, 2022. REUTERS/Brendan McDermidORLANDO, Fla. (Reuters) – Central banks are jacking up interest rates to tackle the highest inflation in decades, economic growth is […]

Love Songs and Tear Gas in a Tense Sudan Ramadan

KHARTOUM, Sudan — Friday night by the Nile, and a love song wafted on the warm breeze that blew across Tuti Island, a crescent of land at the confluence of the river’s two great branches. Hundreds of people had gathered on the beach for iftar, the sunset meal that breaks the daily fast during the […]

Analysis – Bank of England enters uncharted territory as bond sales near

LONDON (Reuters) – The Bank of England looks set to take its first steps next week towards selling some of the 875 billion pounds ($1.11 trillion) of government bonds it amassed between 2009 and 2021, leading markets into uncharted territory.FILE PHOTO: FILE PHOTO: The Bank of England (BoE) building is reflected in a sign, after […]

Indonesia central bank may hike RRR again if inflation rises-deputy gov

JAKARTA (Reuters) – Indonesia’s central bank may hike its reserve requirement ratio (RRR) further if inflation starts to pick up, while the option to raise interest rates will be its last resort, its senior deputy governor said in a seminar on Friday.FILE PHOTO: FILE PHOTO: Logo of Indonesia’s central bank, Bank Indonesia, as seen in […]

More Britons go out shopping and dining ahead of Easter – ONS

LONDON (Reuters) -Britain’s consumers increased visits to retailers and leisure providers in the run-up to the Easter holiday weekend and bookings at restaurants were their strongest in seven months, according to data published by the country’s statistics agency.FILE PHOTO: A shopper carries a basket in a supermarket in London, Britain April 11, 2017. REUTERS/Neil HallVisits […]

Runaway prices and slowing growth: Five questions for the ECB

LONDON (Reuters) – Thursday’s European Central Bank meeting could mark another tense moment for policymakers caught between record high inflation and the economic hit from the war in Ukraine.FILE PHOTO: The European Central Bank (ECB) logo in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph OrlowskiAs some of the most dovish major central banks change tune to […]