News
Important Only
Vietnam ramps up bond sales, spending as export-led growth faces tariff risks
Vietnam at risk of 46% tariffs from US, its main export marketBond sales to boost public investment, spur growthHanoi has been reluctant to increase debt, spend public fundsBy Khanh Vu and Francesco Guarascio HANOI, April 25 (Reuters) - Vietnam has increased government bond sales by nearly 30% so...Reuters
Fri, Apr 25
UK's vehicle output rose in March, but not enough to prevent quarterly decline
April 25 (Reuters) - Britain made more vehicles in March as demand increased for British-built cars overseas and for commercial vehicles at home, but it was not enough to prevent a quarterly decline in output, industry data showed on Friday.A total of 79,018 cars, vans, trucks, taxis, buses and coac...Reuters
Thu, Apr 24
Rising bills and trade war push UK consumer mood to 17-month low
By Andy Bruce April 25 (Reuters) - British consumer confidence slid this month to its lowest level since November 2023 as people became much gloomier about the outlook for the economy, with rising bills and the U.S. trade war weighing on sentiment, a survey showed on Friday.The GfK Consumer Confi...Reuters
Thu, Apr 24
BoJ’s Ueda: Uncertainty regarding global economy rising, must scrutinize impact on business
Bank of Japan Governor Kazuo Ueda said on Thursday that the Japanese central bank will continue to raise interest rates if underlying inflation converges toward its 2% inflation target as projected.Fxstreet
Thu, Apr 24
Fed's Kashkari nervous that trade policy uncertainty will lead to layoffs
April 24 (Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari on Thursday said the extreme uncertainty over U.S. trade policy has him "nervous" about big layoffs, though so far he has only heard about businesses starting to plan for the possibility if the uncertainty lasts.Th...Reuters
Thu, Apr 24
Ethiopia's inflation rate to decline to 10% in 2025/2026 fiscal year
NAIROBI/WASHINGTON, April 24 (Reuters) - Ethiopia's inflation is expected to decline to 10% in the coming financial year, the country's central bank chief Mamo Mihretu said on Thursday, the lowest level in a decade thanks to the government's reform programme. The East African nation stru...Reuters
Thu, Apr 24
Eastern to acquire HarborOne in $490 million deal in latest U.S. regional bank consolidation
April 24 (Reuters) - Eastern Bankshares EBC.O will acquire HarborOne Bancorp HONE.O in a stock and cash deal valued at $490 million, the lenders said on Thursday, as bank consolidation gains traction in an uncertain market. Regional banks across the United States are increasingly turning to mergers ...Reuters
Thu, Apr 24
Mexican Peso holds firm as inflation rises and US Dollar slides
The Mexican Peso registered modest gains versus the US Dollar on Thursday due to the latter’s broad weakness, even though Mexico’s inflation came in slightly higher than expected. At the time of writing, the USD/MXN trades at 19.57 after hitting a daily high of 19.63.
Fxstreet
Thu, Apr 24
Germany's fiscal expansion will have positive spillover in Europe, IMF chief says
WASHINGTON, April 24 (Reuters) - Germany's fiscal expansion will have a positive spillover effect on the rest of Europe, International Monetary Fund Managing Director Kristalina Georgieva said on Thursday. Germany's parliament approved in March plans for a massive spending surge, throwing...Reuters
Thu, Apr 24
Skadden accused of blocking lawyers from discussing firm's deal with Trump
By Daniel Wiessner April 24 (Reuters) - Skadden Arps Slate Meagher & Flom was accused on Thursday of limiting its lawyers' access to internal email lists to prevent them from discussing an agreement struck with President Donald Trump to avoid an executive order targeting the firm.The Nati...Reuters
Thu, Apr 24
These law schools posted highest employment rates of 2024
By Karen Sloan April 24 (Reuters) - Duke Law School sent the highest percentage of graduates into full-time law jobs in 2024, unseating the University of Virginia School of Law, which held that position the two previous years, according to data from the American Bar Association.Nearly 98% of Duke...Reuters
Thu, Apr 24
US appeals court questions 97-year-old judge's challenge to her suspension
By Blake Brittain WASHINGTON, April 24 (Reuters) - A U.S. appeals court panel expressed skepticism on Thursday that 97-year-old U.S. Circuit Judge Pauline Newman should be able to revive her lawsuit challenging her suspension from the U.S. Court of Appeals for the Federal Circuit.Judges for the U...Reuters
Thu, Apr 24
WRAPUP 5-Trump trade war spreads more gloom across businesses worldwide
Trump tariffs reshaping business strategies, roiling marketsPepsi, P&G, American Airlines and Thermo Fisher latest to cut full-year guidance Chipotle, tissue maker Essity say Americans are eating out lessNestle, Unilever warn of softer US consumer confidenceHyundai has moved some production to U...Reuters
Thu, Apr 24
