What S&P’s ratings downgrade means for France
Standard & Poor’s (S&P) decision to downgrade its rating on France’s sovereign debt should in the short term deliver more…
Fitch Affirms Greece at ‘BBB-‘; Outlook Stable
Fitch Ratings has affirmed Greece’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook. A full list…
Price cuts, weaker spending could bolster Fed’s faith in inflation outlook
Price cuts by major U.S. retailers and new data showing a slowdown in consumer spending may boost the Federal Reserve’s…
South Korea exports rise for eighth month, growth slows slightly
South Korea’s exports rose for an eighth straight month in May, led by robust chip sales though overall growth in…
S&P cuts France’s credit rating on deficit overshoot
Standard & Poor’s cut its rating on France’s sovereign debt on Friday, delivering a painful rebuke of the government’s handling…
ECB’s Centeno says May inflation uptick still allows to cut rates
An acceleration in inflation in the euro zone in May exceeded forecasts by 0.1 percentage points, which is not a…
China’s new home prices inch up for 9th month in May, survey shows
New home prices in China rose slightly for a ninth month in May, a private survey showed, driven higher by…
Fed seen more likely to cut rates in Sept after PCE data
The Federal Reserve is more likely to deliver a long-awaited rate cut in September after a U.S. Commerce Department report…
US says it could act against China firms, banks over Russian war support
The United States and other nations could take steps against Chinese firms and financial institutions over Beijing’s backing for the…
Spain shows strong appetite for Ukrainian corn in first 6 months of MY 2023-24
Spain, Europe’s leading corn importer, showed robust demand for Ukrainian corn in the current marketing year 2023-24 (October-September), as the…