IMF to review Kenya's revised economic plan at end of August, chief minister says
Kenya expects the International Monetary Fund to review its revised fiscal repair plan at the end of August, the country's chief minister has told a parliamentary
Your subscription includes
Unlimited Access to All Content from
The Los Angeles Post
Kenya expects the International Monetary Fund to review its revised fiscal repair plan at the end of August, the country's chief minister has told a parliamentary
The Indian government raised the tax rate on equity derivatives trades and on capital gains from equity investments on Tuesday, which fund managers said may
India will spend $24 billion in job-spurring efforts over the next five years and boost rural spending, Finance Minister Nirmala Sitharaman said on Tuesday in the 2024/25 budget, unveiled
India's federal government said on Tuesday that it will spend a record 11.11 trillion rupees ($132.85 billion) on infrastructure in the financial year ending March 2025 to support
Singapore's key consumer price gauge rose 2.9% in June from a year earlier, lower than economists' forecasts and the lowest reading since March 2022, official data showed on
China said on Tuesday that it added 6.98 million urban new jobs in the first half of the year, according to the human resources ministry.
China's central bank's decision to lower the collateral requirement for medium-term loans will alleviate the "asset famine" pressure on the bond market, state media reported on
Regional lender New York Community Bancorp said on Monday it had closed the sale of about $5.9 billion in mortgage warehouse loans to Wall Street giant JPMorgan Chase.
Lynas Rare Earths posted a drop in quarterly revenue on Tuesday, hit by production decline at its Kalgoorlie facility in Western Australia and lower underlying prices,
– Large investment managers bought $28.837 billion at a 10-year note auction held in July, compared with the $26.477 billion they purchased the previous month, data from the U.S.
Goodyear Tire & Rubber will sell its Off-the-Road equipment tire business to Japan's Yokohama Rubber for $905 million in cash, it said on Monday, as part of a drive to streamline its
Strong wage growth is making it harder to bring down inflation in the euro zone, the German central bank said on Monday, calling for a careful approach to further interest rate
Budget carrier flydubai's fleet expansion plans have been hit by delays to Boeing's aircraft delivery schedule, the Dubai airline said on Monday.
The sharp jump in derivative trading by Indian retail investors is likely driven by a "gambling instinct", a finance ministry report said on Monday, cautioning that any sharp
Ukraine announced on Monday a preliminary deal with a bondholder group to restructure $19.7 billion in debt.
The U.S.
European Central Bank policymaker Peter Kazimir opened the door on Monday to two more interest rate cuts by the end of the year if data justified them.
China's fiscal revenue slid 2.8% in the first half of 2024 from a year earlier, unchanged from a 2.8% fall in the January-May period, official data showed on Monday, as prolonged
India's annual economic report card has backed more Chinese investment in the country, even as investments worth billions of dollars from China suffer disruption due to increased
China's government posted an extended decline in land sales revenue in the first half of 2024, finance ministry data showed on Monday.
India's monetary policy framework should consider targeting inflation that excludes food, the prices of which are influenced more by supply than demand, the government's 2023/24
China will gradually raise its statutory retirement age, now among the world's lowest, to allow people to work longer, as it struggles to relieve soaring pressure on pension
South Africa's Anglo American Platinum (Amplats) expects its demerger from parent company Anglo American to be completed next year and is planning a secondary listing in London
The crude oil market is currently tight but next year will likely be in surplus, with Brent prices declining into the mid-to-high $70s range, Morgan Stanley said.
A look at the day ahead in European and global markets from Wayne Cole.