SYDNEY (Reuters) -The world’s poorest countries are due to make record debt repayments to China in 2025 on loans extended a decade earlier at the peak of Beijing’s Belt and Road Initiative, a report by the Sydney-based Lowy Institute think tank said on...
LONDON (Reuters) -U.S. President Donald Trump said on Friday he is recommending a straight 50% tariff on goods from the European Union starting on June 1, saying the EU has been hard to deal with on trade.Stock markets across Europe fell sharply with the STOXX 600...
By Pete Schroeder(Reuters) -A leading U.S. bank regulator on Thursday reestablished a streamlined process for considering bank mergers, and scrapped an earlier policy statement suggesting larger bank deals would merit closer scrutiny.The Office of the Comptroller of...
By Fergal SmithTORONTO (Reuters) -Canada’s services economy contracted for a fifth straight month in April as uncertainty around trade policy and the Canadian general election weighed on activity, S&P Global’s Canada services PMI data showed on...
By Anmol Choubey(Reuters) – Analysts in a quarterly Reuters poll have forecast an average annual gold price above $3,000 for the first time, with global trade friction and a swing away from the U.S. dollar powering demand.The poll of 29 analysts and traders...
BEIJING (Reuters) -China said on Sunday it will improve tax refund policies for foreign tourists to boost inbound consumption, part of efforts to boost the economy as domestic demand remains tepid. China will promote the expansion of tax refund stores in shopping...
