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Euro zone yields fall as global mood turns more fragile
Investors wary of Trump's softer stance on tariffsBunds underperform US Treasuries after strong outperformanceGerman business morale unexpectedly improves in April - IfoBy Stefano Rebaudo and Yadarisa Shabong April 24 (Reuters) - Euro zone government bond yields dipped on Thursday after a ris...Reuters
Thu, Apr 24
Emerging economies face longer period of tighter financing, South African central banker says
By Karin Strohecker and David LawderWASHINGTON, April 24 (Reuters) - Emerging economies will have to grapple with tighter global financing conditions for longer while the future of risk-free assets is very much in focus, the head of South Africa's central bank told Reuters.Speaking on the sideli...Reuters
Thu, Apr 24
WRAPUP 3-Trump trade war spreads more gloom across businesses
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
ECB’s Holzmann: Rate cuts must wait for more tariff certainty
CNBC reported that European Central Bank (ECB) policymaker Robert Holzmann said that Eurozone interest rates should be held until more clarity emerges on the path of United States (US) tariffs and European Union (EU) countermeasures.Fxstreet
Thu, Apr 24
ECB's Holzmann says rate cuts must await more tariff certainty, CNBC reports
April 24 (Reuters) - European Central Bank policymaker Robert Holzmann said euro zone interest rates should be held until more clarity emerges on the path of U.S. tariffs and European Union countermeasures, CNBC reported on Thursday. There is "broad consensus" around lowering rates but some ...Reuters
Thu, Apr 24
China has scope to ramp up stimulus, fix property woes, IMF says
WASHINGTON, April 24 (Reuters) - China needs to do more to address its property-sector problems and has scope to provide more stimulus to boost consumption, Krishna Srinivasan, director of the International Monetary Fund's Asia and Pacific Department, said on Thursday."More needs to be done ...Reuters
Thu, Apr 24
US spirits exports rise 10% in 2024 amid tariff fears
By Ananya Mariam Rajesh April 24 (Reuters) - U.S. spirits exports rose 10% in 2024 to $2.4 billion, according to a report by Distilled Spirits Council of the United States (DISCUS), driven by a surge in supply to the European Union, the biggest export market.The rise last year came amid fears of ...Reuters
Thu, Apr 24
IMF hopes to agree soon on next program review with Sri Lanka, official says
WASHINGTON, April 24 (Reuters) - The International Monetary Fund hopes to have an agreement soon on the next review of its program with Sri Lanka, Krishna Srinivasan, the director of the global lender's Asia and Pacific Department, said on Thursday."The program with Sri Lanka has led to a si...Reuters
Thu, Apr 24
US existing home sales fall more than expected in March
WASHINGTON, April 24 (Reuters) - U.S. existing home sales fell more than expected in March, weighed down by higher borrowing costs, and further weakness is likely as growing concerns of an economic slowdown because of tariffs sap demand.Home sales dropped 5.9% last month to a seasonally adjusted ann...Reuters
Thu, Apr 24
RPT-WRAPUP 2-Trump trade war spreads more gloom across businesses
Trump tariffs reshaping business strategies, roiling marketsPepsi, P&G, American Airlines and Thermo Fisher latest to cut full-year guidance Chipotle says Americans are eating out lessNestle, Unilever warn of softer US consumer confidenceHyundai has moved some production to USGermany cuts growth...Reuters
Thu, Apr 24
Turkey's proactive policy curbed risks, cenbank chief says
Lira and other assets saw selloff after Istanbul mayor's arrestCentral bank hiked rates last week, ending easing cycleKarahan cites improved policy transmission and contained re-dollarisation risksEconomic growth outlook uncertain due to global trade tensions, Karahan warns ANKARA/WASHINGTON,...Reuters
Thu, Apr 24
Median US CEO pay hits record $16.8 million on soaring stock awards
Median pay for top U.S. CEOs rose to record level in 2024Stock grants boosted CEO earnings beyond U.S. workers' payCEOs' pay decisions made well before recent market turmoilBy Ross KerberApril 24 (Reuters) - Median pay among top U.S. CEOs rose 7.5% to a record $16.8 million for 2024, a new s...Reuters
Thu, Apr 24
