PRAGUE (Reuters) – Czech interest rates in the coming years will be higher than in the past and cuts will be done with caution, central bank Governor Ales Michl said on Thursday. “We will cut (rates) but very carefully. But in any case, on average, interest rates should be higher than we were used to,” …
Czech rates to be cut with caution, central bank chief says Read More »
(Reuters) -The United States said it carried out strikes on Wednesday against five underground weapons storage facilities in Houthi-controlled areas of Yemen, in a strike that used B-2 stealth bombers against the Iran-aligned group for the first time. In wording that could also be interpreted as a signal to Iran, U.S. Defense Secretary Lloyd Austin …
US stealth bombers strike underground Houthi weapons sites in Yemen Read More »
By Orathai Sriring BANGKOK (Reuters) – After months of withstanding political pressure and public bickering, Thailand’s central bank on Wednesday delivered what the country’s government had been pressing for: it cut its key interest rate, the first reduction since 2020. Now comes the hard part for Prime Minister Paetongtarn Shinawatra, an untested leader whose ruling …
ISLAMABAD (Reuters) – Structural impediments are challenges to sustaining macroeconomic stability in Pakistan, the State Bank of Pakistan’s annual report on the state of the country’s economy has found, the bank said on Thursday. “Falling investment … unfavourable business environment, lack of research and development, and low productivity, alongside climate change risks continue to constrain the …
Structural impediments challenge Pakistan’s macroeconomic stability, says central bank Read More »
ANKARA (Reuters) – Turkey has been conducting technical works aimed at accelerating its planned purchase of Eurofighter Typhoon fighter jets, a defence ministry official said on Thursday. Ankara said last year it was in talks with Eurofighter consortium members Britain and Spain to buy Typhoons, though Germany objected the idea. Since then, it has complained …
Turkey working to accelerate Eurofighter jets buy, official says Read More »
By Khanh Vu HANOI (Reuters) – Vietnam can still meet its economic growth target this year despite the extensive damage caused by Typhoon Yagi and is open to the possibility of interest rate cuts, central bank deputy governor Dao Minh Tu said on Thursday. Tu also told a media briefing that business and manufacturing activities …
Vietnam central bank says to keep policy supportive, open to rate cuts Read More »
By Dominique Vidalon and Florence Loeve PARIS (Reuters) -French spirits maker Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite reporting a bigger-than-expected fall in first quarter sales, caused partly by weakness in China. Pernod, which owns Martell cognac, Mumm champagne and Absolut vodka, reported sales of …
China woes drag down Pernod Ricard first quarter sales Read More »
BEIJING (Reuters) – China urged India on Thursday to handle Taiwan issues with caution and avoid interference in the improvement of Sino-India relations following the opening of another Taiwan de facto consulate in Mumbai. China opposes moves by any countries it has ties with to engage in official contacts with Taiwan, said Mao Ning, a …
China urges India to handle Taiwan issue cautiously after Mumbai office opening Read More »
By Shanima A (Reuters) -British pest control company Rentokil reported a 2.6% rise in third-quarter revenue and announced a management overhaul at its struggling North American business on Thursday, sending its shares 8% up. It said in a statement its North America finance chief has left the business and the group has appointed a new …
Rentokil shares jump as group moves to fix North America business Read More »
WARSAW (Reuters) – Two Poles suspected of attacking an exiled aide of the late Russian opposition leader Alexei Navalny have been released on bail from detention in Poland, a lawyer for one of them said on Thursday. The former aide, Leonid Volkov, suffered injuries from hammer blows during the attack on March 12 outside his …
Two men accused of attacking Navalny aide released on bail, lawyer says Read More »
