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Economic News
Hope rally turns choppy as hot U.S. inflation looms
By Tom WestbrookSYDNEY (Reuters) - Stocks rose in choppy trade on Thursday as worries about the economic impact of the Omicron…
Pakistan receives $3 billion loan from Saudi Arabia
By Syed Raza HassanKARACHI, Pakistan (Reuters) - Pakistan on Saturday received a $3 billion loan from Saudi Arabia, the prime minister's…
Exclusive-World Bank backs using $280 million in frozen aid funds for Afghanistan
By Arshad Mohammed and Andrea ShalalWASHINGTON (Reuters) - The World Bank's board has backed transferring $280 million from a frozen…
Poland to cut taxes to soften inflation blow, says PM
WARSAW (Reuters) - Poland will cut taxes on petrol, gas and electricity and provide cash payments to households in a programme worth up to…
India and U.S. officials to look for ways to resolve trade issues
By Manoj KumarNEW DELHI (Reuters) -India and the United States agreed to look for ways to resolve differences on issues such as market…
Bank of England expected to keep rates steady as inflation risks mount
By David MillikenLONDON (Reuters) - Britain's central bank looks set to keep interest rates steady later on Thursday as it approaches…
UK public inflation expectations tick higher in August: BoE survey
By Andy BruceLONDON (Reuters) -The British public's expectations for inflation rose last month but remained within levels seen since the…
U.S. retail sales unexpectedly rise in August; weekly jobless claims climb
WASHINGTON (Reuters) - U.S. retail sales unexpectedly increased in August, likely boosted by back-to-school shopping and child tax credit…
German finance ministry raided in money laundering probe
BERLIN (Reuters) -German prosecutors raided the finance and justice ministries on Thursday as part of an investigation into possible…
End of the summer: Events that may shake markets in September
LONDON (Reuters) - After a summer in which stocks have hit a seemingly never-ending run of record highs, September brings a series of…