JOHANNESBURG (Reuters) -South Africa’s consumer inflation fell for the second month in a row in December, to 5.1% year on year from 5.5% in November, statistics agency data showed on Wednesday. The latest reading takes headline inflation slightly closer to the mid-point of the central bank’s 3%-6% target range, or 4.5%, where the bank has …
South African inflation falls for second month in December Read More »
By Siddhi Nayak MUMBAI (Reuters) – Indian private lender RBL Bank expects a 20% growth in its loan book over the next two financial years, largely led by secured retail assets, its managing director and chief executive officer said on Wednesday. “We are trying to get into areas which are futuristic … and have a …
India’s RBL Bank targets 20% loan growth over next two financial years- CEO Read More »
By Sruthi Shankar and Khushi Singh (Reuters) -British equities touched a one-week high on Wednesday, bolstered by China-exposed stocks following measures taken by the Chinese central bank to support the economy, while sterling rallied after a survey hinted at high-for-longer interest rates. The exporter-heavy FTSE 100 ended 0.6% higher, while the domestically oriented FTSE 250 …
British equities hit one-week high as China pledges boost sentiment Read More »
By Chris Thomas and Kashish Tandon BENGALURU (Reuters) – Zee Entertainment on Wednesday called on Sony to honour its obligations to close a $10 billion merger deal between the companies and asked an Indian tribunal to order Sony to complete the combination that the Japanese firm terminated. Sony terminated merger plans with Zee on Monday …
India’s Zee asks Sony to honour merger obligations, approaches tribunal Read More »
JOHANNESBURG (Reuters) -South Africa’s rand strengthened on Wednesday after inflation fell for the second consecutive month in December, ahead of an interest rate decision by the central bank. At 1508 GMT, the rand traded at 18.8500 against the dollar, 1% stronger than its previous close. The dollar was last down about 0.41% against a basket …
South African rand firms after inflation report, focus on rate decision Read More »
(Reuters) -Global growth will likely slow this year, but a dovish tilt in the Federal Reserve’s stance has raised hopes for the U.S. economy and brightened the outlook for riskier assets, according to big banks. The European Central Bank and the Bank of England sticking to their higher-for-longer rates stance, however, has blurred expectations for …
Factbox-What to expect in 2024: Fed pivot, cooling inflation, easing growth Read More »
ABUJA/WASHINGTON (Reuters) – Secretary of State Antony Blinken on Tuesday said the United States is determined to remain a strong security partner for Nigeria, whose military is backed by the U.S., Britain and other allies in a long war against Islamist insurgents. Blinken also discussed challenges to democracy and security in the region during his …
US determined to remain strong security partner for Nigeria -Blinken Read More »
JOHANNESBURG (Reuters) -South Africa expects the International Court of Justice (ICJ) to rule this Friday on whether it will grant emergency measures to stop the war in Gaza, South African news website News24 reported on Wednesday, citing two sources close to the matter. In response to the news report, South Africa’s justice ministry spokesperson Chrispin …
By Panu Wongcha-um and Panarat Thepgumpanat BANGKOK (Reuters) -A Thai court on Wednesday cleared former prime ministerial hopeful Pita Limjaroenrat of violating election rules in the first of two cases targeting a popular opposition that has plans for radical reforms in the country. The Harvard-educated Pita, 43, whose bid to become premier last year was …
Former Thai PM hopeful cleared in first of two cases against opposition Read More »
By Jason Lange WASHINGTON (Reuters) -Some 51% percent of voters in New Hampshire’s Republican presidential primary contest consider themselves to be Republicans, down from 55% in the party’s 2016 contest, according to an exit poll conducted on Tuesday by Edison Research. The poll gathered responses from 2,192 voters in the Republican contest, and poll results …
