Economy

Pakistan PM hopes to sign agreement with IMF for $1 bln loan this month

  • January 27, 2023 06:42 PM AEDT | Reuters
 Pakistan PM hopes to sign agreement with IMF for $1 bln loan this month

287 ISLAMABAD, Jan 27 (Reuters) - Pakistan's Prime Minister Shehbaz Sharif on Friday said he hopes an agreement for a $1 billion loan with the International Monetary Fund will be done this month. Pakistan

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Sustainable Switch: Watch out for greenwashing

Sustainable Switch: Watch out for greenwashing

  • January 27, 2023 01:00 AM AEDT | Reuters

Jan 26 - Sharon Kimathi Energy and ESG Editor, Reuters Digital Hello! Regulators in Europe are probing the green credentials of companies’ products and assets this week in a bid to tackle greenwashing

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LIVE MARKETS-S&P 500 index poised to push higher after data deluge

LIVE MARKETS-S&P 500 index poised to push higher after data deluge

  • January 27, 2023 12:46 AM AEDT | Reuters

* U.S. equity index futures green: Nasdaq 100 up ~1% * U.S. initial jobless claims 186k vs 205k est * U.S. Q4 advance GDP 2.9% vs 2.6% est; core PCE 3.9% vs 4% est * U.S. Dec durable goods 5.6% vs

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U.S. economy grows strongly in fourth quarter; weekly jobless claims fall

U.S. economy grows strongly in fourth quarter; weekly jobless claims fall

  • January 27, 2023 12:44 AM AEDT | Reuters

By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy maintained a strong pace of growth in the fourth quarter as consumers boosted spending on goods, but momentum appears to have slowed

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MEDIA-EU member states have legal authority to temporarily leverage at least $36.8 bln of Russian central bank assets - Bloomberg News

MEDIA-EU member states have legal authority to temporarily leverage at least $36.8 bln of Russian central bank assets - Bloomberg News

  • January 27, 2023 12:11 AM AEDT | Reuters

-- Source link: https://bit.ly/3DiXiPL -- Note: Reuters has not verified this story and does not vouch for its accuracy

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Yellen, S.African energy chief have productive meeting -U.S. official

Yellen, S.African energy chief have productive meeting -U.S. official

  • January 27, 2023 12:08 AM AEDT | Reuters

PRETORIA, Jan 26 (Reuters) - U.S. Treasury Secretary Janet Yellen had a very productive meeting with South Africa's energy minister on Thursday, a senior Treasury Department official said, adding that

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Ukraine sees FX reserves at about $30 bln by end of January

Ukraine sees FX reserves at about $30 bln by end of January

  • January 26, 2023 11:59 PM AEDT | Reuters

KYIV, Jan 26 (Reuters) - The Ukrainian central bank's foreign currency reserves will stand at about $30 billion at the end of January, Deputy Central Bank Governor Yuri Heletiy told reporters on

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Wall Street mixed in muted premarket trading

Wall Street mixed in muted premarket trading

  • January 26, 2023 11:51 PM AEDT | APNEWS

Wall Street was mixed in muted trading early Thursday as investors waited for more U.S. economic data amid rising hope that Western economies can avoid a recession despite higher interest rates meant to cool inflation

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Ukraine's trade deficit seen widening due to air strikes, harvest - central bank

Ukraine's trade deficit seen widening due to air strikes, harvest - central bank

  • January 26, 2023 11:48 PM AEDT | Reuters

KYIV, Jan 26 (Reuters) - The central bank expects Ukraine's trade deficit to widen considerably this year due to a smaller projected grain harvest and Russian attacks on critical infrastructure,

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Paris: Franco-Irish citizen held in Iran must be freed immediately and needs medical care

Paris: Franco-Irish citizen held in Iran must be freed immediately and needs medical care

  • January 26, 2023 11:46 PM AEDT | Reuters

PARIS (Reuters) - Bernard Phelan, a Franco-Irish citizen detained in Iran, must be released immediately and provided access to urgent medical care, the Foreign Ministry in Paris said on Thursday. "The

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Gold falls on firm dollar as traders brace for U.S. data

Gold falls on firm dollar as traders brace for U.S. data

  • January 26, 2023 11:42 PM AEDT | Reuters

By Arundhati Sarkar (Reuters) - Gold prices dipped on Thursday as the dollar firmed, while investors awaited a host of U.S. economic data for clues on the Federal Reserve's strategy on interest rate

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