India shares up on auto rally ahead of sales data

People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 9, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, Aug 1 (Reuters) – Indian shares kicked off August trading on a positive note on Monday, after having logged their best gains since November 2020 last month, led … Read more

Swiss National Bank posts record H1 loss, says no policy impact

A general view shows the building of the Swiss National Bank (SNB) in Zurich, Switzerland June 23, 2022. Picture taken with a drone. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to Reuters.com Register Central bank has biggest half year and quarterly loss since 1907 SNB says losses will have no influence on monetary policy … Read more

Indian shares hit 2-month high on finance boost

A man wearing a protective mask walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 13, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, July 28 (Reuters) – Indian shares jumped to near two-month highs on Thursday, lifted by gains in non-bank lender Bajaj Finance after its … Read more

Hong Kong central bank raises rates, warns of tighter interbank market

HONG KONG, July 28 (Reuters) – The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points to 2.75%, hours after the US Federal Reserve delivered a rate hike of the same margin. Hong Kong’s monetary policy moves in lock-step with that of the … Read more

Indian shares rise as Bajaj Finance, L&T jump on strong results

A man wearing a protective mask walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 13, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, July 27 (Reuters) – Indian shares rebounded on Wednesday after a shaky start to the week, closing 1% higher, as Bajaj Finance and … Read more

Analysis: Argentina’s economic crisis whack-a-mole goes into overdrive.

The facade of Argentina’s Central Bank is pictured in the financial district of Buenos Aires, Argentina December 7, 2021. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register BUENOS AIRES, June 28 (Reuters) – Argentina’s economic alarm bells are ringing loudly with fears of a global recession and spiraling inflation stoking investor fears … Read more

Indian shares rise as govt cuts windfall tax on crude sales, fuel exports

A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS / Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, July 20 (Reuters) – Indian shares rose more than 1% to a six-week high on Wednesday, … Read more

Argentine peso slips in parallel black market to all-time low

Argentine one hundred peso bills are displayed in this picture illustration taken September 3, 2019. REUTERS/Agustin Marcarian/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register BUENOS AIRES, July 19 (Reuters) – Argentina’s peso surpassed the psychological barrier of 300 pesos per US dollar in the black market on Tuesday, hitting a record low … Read more

India on course to become world’s fastest-growing economy, says RBI

The Reserve Bank of India (RBI) seal is pictured on a gate outside the RBI headquarters in Mumbai, India, February 2, 2016. REUTERS/Danish Siddiqui Register now for FREE unlimited access to Reuters.com Register MUMBAI, July 16 (Reuters) – India’s economy has remained resilient in the face of global headwinds and with inflation coming off its … Read more

Chile central bank to intervene in currency market after peso slump

SANTIAGO, July 15 (Reuters) – Chile’s central bank announced a $25 billion intervention in the foreign exchange market to support the peso after it fell to a record low, giving the currency a boost on Friday. In a statement released Thursday night, the bank said the peso had depreciated with unusually high intensity and volatility … Read more