Ukraine reaches preliminary deal with bondholder group on $20-billion debt restructure
By Karin Strohecker and Libby George LONDON (Reuters) -Ukraine said on Monday it had reached an agreement in principle with…
Category: Economy
World Bank approves $1.25 billion loans for the Philippines
MANILA (Reuters) – The World Bank said on Saturday its board of executive directors has approved $1.25 billion in loans…
ECB has significant room for rate cuts – Villeroy
PARIS (Reuters) – The European Central Bank has plenty of room for rate cuts and current market expectations for easing…
Investors pull $9.9 billion from hedge funds in March – Nasdaq eVestment
By Nell Mackenzie LONDON (Reuters) – Investors withdrew an estimated net $9.9 billion from hedge funds in March, up from…
Craft retailer Joann approved to exit bankruptcy, slash $505 million debt
By Dietrich Knauth NEW YORK (Reuters) – Craft retailer Joann Inc received a U.S. bankruptcy judge’s approval on Thursday for…
Foreigners add net $32.7 billion to EM portfolios in March -IIF
By Rodrigo Campos NEW YORK (Reuters) -Foreigners added about $32.7 billion to their emerging market portfolios in March, a fifth…
IMF urges Bank of Japan to tread cautiously in raising interest rates
By Leika Kihara WASHINGTON (Reuters) – The Bank of Japan (BOJ) must tread cautiously in raising interest rates, as some…
JB Hunt misses quarterly estimates on weaker-than-expected demand at biggest segment
(Reuters) – U.S. trucking firm JB Hunt Transport Services missed Wall Street estimates for first-quarter results on Tuesday, hurt by…
Omnicom beats quarterly profit on strong ad spending
(Reuters) – Omnicom Group beat Wall Street estimates for first-quarter profit and revenue on Tuesday, helped by solid demand for…
Bank of Japan hints at near-term rate hike, pushing yields higher
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said inflation would likely accelerate from “summer towards autumn”…