Australia says ‘not necessary’ to cancel Chinese firm’s lease on Darwin port
By Kirsty Needham SYDNEY (Reuters) -Australia said a security review of a 99-year lease held by Chinese company Landbridge on the northern port of
Louisiana Rep. Mike Johnson nominated for speaker by House Republicans
House Republicans on Tuesday night voted for Rep. Mike Johnson to become their latest nominee for speaker of the U.S. House of Representatives, with
IMF pushes for austerity measures, higher gas tariffs in Pakistan
The International Monetary Fund (IMF) is advocating for stringent austerity measures in Pakistan’s development budget for the current fiscal year, according to a report
US banking regulators extend feedback window for contentious capital proposal
By Pete Schroeder WASHINGTON (Reuters) – A trio of U.S. banking regulators announced on Friday they were giving the public extra time to digest
‘Horrific wars’ in Ukraine and Israel/Palestine unlikely to impact global economy, Standard Chartered CEO says
Standard Chartered CEO Bill Winters has said the “horrific wars” being fought in Ukraine and Israel/Palestine are unlikely to have a major impact on
Fed’s Mester says plenty of room left to run on balance sheet drawdown
NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said on Friday the central bank still has plenty of space to
JPMorgan’s Dimon and BlackRock’s Fink both see parallels to the 1970s
JPMorgan Chairman and CEO Jamie Dimon and BlackRock CEO Larry Fink both have one decade in mind — the 1970s. Both were speaking at
Argentina, Brazil seek 12.5 billion euro financial aid in EU-Mercosur talks
By Belén Carreño and Anthony Boadle MADRID/BRASILIA (Reuters) – Argentina and Brazil are requesting 12.5 billion euros ($13.2 billion) in financial aid from the
Economy gets off to good start in the fourth quarter, S&P finds, as inflation cools
The numbers: The U.S. economy improved at the start of the fourth quarter due to slower inflation and fresh hopes that interest rates have
‘No doubt’ Peru in recession, econ minister says, seeking stimulus
LIMA (Reuters) – There is “no doubt” Peru is in a recession, Economy Minister Alex Contreras said on Friday, his first acknowledgment of the
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