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IMF staff to visit Kenya for talks on potential support programme
Sept 24 (Reuters) - International Monetary Fund staff will visit Kenya from September 25 to October 9 to begin talks with the government on a possible IMF-backed programme, the Fund said on Wednesday.The East African nation's $3.6 billion programme with the IMF expired in April and officials, in...Reuters
Wed, Sep 24
China expands Argentina soybean buying to 20 cargoes, traders say
China buys 20 Argentine soybean cargoes after tax dropMost cargoes set for shipment in key period dominated by U.S.Analysts expect increased purchases ahead of policy expiryBy Ella Cao and Naveen Thukral BEIJING/SINGAPORE, Sept 24 (Reuters) - Chinese importers kept up a hectic pace of Argentine s...Reuters
Wed, Sep 24
Merz says auto, steel, chemical sectors must remain key industries in Germany
BERLIN, Sept 24 (Reuters) - German Chancellor Friedrich Merz said on Wednesday that the auto, steel and chemical sectors must remain key industries in the country.Merz, in a speech to parliament, added that concrete proposals to reform the pension system will be made this year.He also called for low...Reuters
Wed, Sep 24
Euro zone bonds track muted US Treasuries as Powell reiterates cautious path
Sept 24 (Reuters) - Euro zone bond yields were steady on Wednesday, tracking subdued U.S. counterparts after Federal Reserve Chair Jerome Powell reaffirmed a cautious approach on future rate decisions amid the twin risks of high inflation and a softer U.S. labour market.Reuters
Wed, Sep 24
ECB’s Cipollone: Risks to inflation are very balanced
European Central Bank (ECB) Executive Board member Piero Cipollone said that the central bank doesn’t see major threats to inflation in either direction, adding that interest rates are currently well positioned, Bloomberg reported on Wednesday.Fxstreet
Wed, Sep 24
Ex-BOJ policymaker Adachi says October rate hike cannot be ruled out
Solid Q2 GDP may lead to upgrade in BOJ's growth forecastBOJ to hold off raising rates until March if it focuses on risksOct hike can't be ruled out if growth, price f'casts revised upTankan survey may sway BOJ's decision on rate-hike timingBy Leika Kihara and Takahiko Wada TOKYO,...Reuters
Wed, Sep 24
Japan’s Takaichi: Government is responsible for setting direction of fiscal, monetary policy
Japan's former Internal Affairs Minister Sanae Takaichi, a contender to be the next Prime Minister, said on Wednesday that the government is responsible to set direction of fiscal and monetary policy.Fxstreet
Wed, Sep 24
NEWSMAKER -RBNZ's new Swedish boss joins bank shaken by politics, says 'kia ora'
By Lucy Craymer WELLINGTON, Sept 24 (Reuters) - New Zealand's first foreign central bank governor in modern history takes the top job amid heightened criticism of the bank's management of the economy and as independent monetary policy around the world comes under political pressure.Anna B...Reuters
Wed, Sep 24
China says will not seek new special and differential treatment in WTO pacts
China’s Premier Li Qiang said that the country will not be seeking new special and differential treatment, a privilege granted to developing countries, in any current and future World Trade Organization (WTO) negotiations, Xinhua news agency reported Tuesday.Fxstreet
Wed, Sep 24
Japan's factory activity contracts further in September, PMI shows
TOKYO, Sept 24 (Reuters) - Japan's manufacturing sector activity fell at the fastest pace in six months in September, driven by further declines in new orders, a private sector survey showed on Wednesday.The S&P Global flash Japan Manufacturing Purchasing Managers' Index (PMI) dropped to...Reuters
Wed, Sep 24
OECD upgrades global growth forecast to 3.2% as economies surprise to the upside
The Organisation for Economic Co-operation and Development (OECD) upgraded its global economic growth forecast on Tuesday, citing that many economies have been more resilient than projected so far this year.Fxstreet
Tue, Sep 23
Ukraine’s President Zelenskiy: Trump's position has changed
Ukraine’s President Volodymyr Zelenskiy said late Tuesday that his relationship with US President Donald Trump has improved and that he was encouraged by Trump’s remarks suggesting Ukraine could fully reclaim all Russian-occupied territory.Fxstreet
Tue, Sep 23
Applicant boom drives record first-year law school classes
By Karen Sloan Sept 23 (Reuters) - The Legal Grounds coffee shop at Elon University School of Law is pumping out more cappuccinos and lattes these days to caffeinate the school’s record high number of first-year law students.Elon, located in Greensboro, North Carolina, is among seven U.S. law sch...Reuters
Tue, Sep 23
