Browsing: Economy

BEIJING (Reuters) -China has told state-owned banks to roll over existing local government debt with longer-term loans at lower interest rates, two sources with knowledge of…

President Joe Biden is expected to ask Congress to approve about $10 billion in military aid to Israel and some $60 billion for Ukraine as part…

BEIJING (Reuters) – China is willing to expand and strengthen cooperation with Indonesia in emerging industries such as the digital economy, photovoltaics and new energy vehicles,…

Federal Reserve Chairman Jerome Powell on Thursday said that the central bank is “attentive” to the recent economic data that shows resilient U.S. economic growth and…

Following a prolonged contender race for the European Investment Bank (EIB) leadership, Germany has decided to back Spain’s Nadia Calvino, according to insiders. This move could…

Rep. Jim Jordan’s push to become the next speaker of the U.S. House of Representatives looked stuck Thursday, but the immediate outlook also wasn’t good for…

By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel hinted on Tuesday that it was in no rush to lower interest rates despite Israel’s war…

The U.S. economy has gotten a pop from higher defense spending since the late spring. Now a new conflict in Israel as well as the ongoing…

Aditi Nayar, ICRA’s chief economist, anticipates a 29% surge in capital expenditure by 13 key Indian states to Rs 6.2 lakh crore in FY24, despite lower…

(Reuters) – Warehouse-focused real estate investment trust (REIT) Prologis (NYSE:) reported better-than-expected quarterly funds from operations (FFO) per share on Tuesday on higher rental revenue but…