By Fergal Smith TORONTO (Reuters) -Canada’s government debt issuance is expected to surpass a pandemic-era record high this fiscal year,…
Category: Economy
China shifts from developing world’s banker to debt collector, says Lowy Institute
SYDNEY (Reuters) -The world’s poorest countries are due to make record debt repayments to China in 2025 on loans extended…
Hundred roubles to dollar would be acceptable, says Russian government source
By Darya Korsunskaya MOSCOW (Reuters) -The Russian economy could cope with the rouble sliding back to 100 to the dollar…
Canada’s services PMI shows steep contraction in April activity
By Fergal Smith TORONTO (Reuters) -Canada’s services economy contracted for a fifth straight month in April as uncertainty around trade…
SiriusXM sheds fewer quarterly subscribers on steady demand for exclusive content
(Reuters) -SiriusXM on Thursday reported a smaller-than-expected quarterly decline in subscribers who directly pay for its satellite radio service, driven…
IMF cuts India’s growth forecast amid tariff uncertainty
NEW DELHI (Reuters) -The International Monetary Fund (IMF) on Tuesday cut its economic growth forecast for India for the current…
Price premium for gold in China jumps due to tit-for-tat tariffs
By Ashitha Shivaprasad and Polina Devitt (Reuters) – The price premium for gold in top consumer China above global benchmark…
Trump tariffs could cut GDP growth by 0.5 pct points, French prime minister says
PARIS (Reuters) – France could see a 0.5 percentage point reduction in gross domestic product growth as a result of…
Oil sinks to pandemic lows; metals, soybeans slump as China retaliates
By Anna Hirtenstein and Karl Plume LONDON/CHICAGO (Reuters) -Oil prices plunged nearly 8% on Friday to the lowest level since…
Brazil central bank to monitor inflation expectations closely as policymakers weigh next steps
BRASILIA (Reuters) -Brazilian central bank director Nilton David signaled on Monday that policymakers will monitor inflation expectations when determining their…