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Economic News
Indian shadow bank DHFL submits debt restructuring plan to core lenders
By Nupur Anand(Reuters) - India's debt-laden shadow bank Dewan Housing Finance Ltd (DHFL) (NS:DWNH) has submitted a restructuring plan…
A Fed interest rate cut is in the bag. What then?
By Ann SaphirSAN FRANCISCO (Reuters) - U.S. central bankers are expected to lower borrowing costs this week for the first time since the…
U.S. economic growth seen slowing in second quarter
By Lucia MutikaniWASHINGTON (Reuters) - U.S. economic growth slowed less than expected in the second quarter as a surge in consumer…
Global economic growth rut at risk of deepening despite rate cuts: Reuters polls
By Shrutee SarkarBENGALURU (Reuters) - A global economic growth rut risks deepening, despite expectations that major central banks will…
U.S.-Mexico-Canada trade deal will help stave off U.S. recession: U.S. Chamber CEO
WASHINGTON (Reuters) - Approval and implementation of the U.S.-Mexico-Canada (USMCA) trade agreement will provide a major boost to the U.S.…
Austria’s economy to grow 1.6% on average over 2019-2023: IHS
BERLIN (Reuters) - Austria's economy should grow 1.6% a year on average over the 2019-2023 period, helped by robust private consumption,…
White House to host meeting with tech executives on Huawei ban: source
By David Shepardson and Alexandra AlperWASHINGTON (Reuters) - White House economic adviser Larry Kudlow will host a meeting with…
Reserve Bank of New Zealand’s measure of core inflation at 1.7 percent year-on-year in second…
WELLINGTON (Reuters)- - The Reserve Bank of New Zealand (RBNZ) said on Tuesday that its sectoral factor model of core inflation was…
China central bank injects 200 billion yuan in one-year MLF rollover, rate unchanged
SHANGHAI (Reuters) - China's central bank on Monday lent 200 billion yuan to financial to financial institutions via its one-year…
Cuba hopes for slight growth as Trump pummels Caribbean island
By Marc FrankHAVANA (Reuters) - Communist-run Cuba put on a brave face Saturday at a mid-year session of the National Assembly, the…