Economy

PRETORIA – The South African Reserve Bank (SARB) has announced a reduction in the repurchase rate by 25 basis points to 7.75%, effective from November 22, 2024, as conveyed in…

BEIJING (Reuters) – China’s commerce ministry on Thursday announced a series of policy measures aimed at boosting the country’s foreign trade, including pledging to strengthen financing support to firms and…

(Fixes day reference in lead paragraph.) (Reuters) – The U.S. is more vulnerable to inflationary shocks than in the past, Federal Reserve Bank of Richmond President Tom Barkin said in…

FRANKFURT (Reuters) – Germany’s economy is facing deep and profound challenges that could push up corporate insolvencies, keeping default risk elevated next year, the Bundesbank said in a Financial Stability…

(Reuters) – Sri Lanka’s consumer price inflation reached minus 0.7% year-on-year in October after easing to minus 0.2% in September, official data showed on Thursday, as the island nation continued…

KIGALI (Reuters) -Rwanda’s central bank held its key interest rate at 6.5% on Thursday after cutting it at the last two rate decisions this year. Governor John Rwangombwa told reporters…

Investing.com — Wall Street is seen trading lower Friday, weighed by disappointment from Nvidia’s guidance. Starbucks is potentially looking at options for its China business, while the chairman of the…

By Padraic Halpin and Amanda Ferguson DUBLIN/BELFAST (Reuters) – Sinn Fein’s polling collapse from government-in-waiting to likely also-rans at an Irish election next week looks set to rob Irish nationalists…

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka expects the IMF to announce a staff level agreement on its third review of the country’s bailout programme on Friday, President Anura…

(Reuters) – Federal Reserve Bank of New York President John Williams sees inflation cooling and interest rates falling further, he told Barron’s in an interview published on Thursday. Two percent…