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Fed’s Bullard says rates won’t have to rise much higher: Bloomberg

(Reuters) – The U.S. Federal Reserve will not need to raise interest rates much more to keep inflation under control, St. Louis Federal Reserve...

Pakistan’s new government to open talks with IMF for financial assistance

By Asif Shahzad and Kay Johnson ISLAMABAD (Reuters) – Pakistan’s new government has decided to open talks on emergency financial assistance with the International Monetary...

Italy’s Savona confident of agreement with EU over budget

ROME (Reuters) – European Affairs Minister Paolo Savona said on Monday he was confident Italy would reach an agreement with the European Union over...

Jason Karp to shut hedge fund Tourbillon, focus on health and...

By Svea Herbst-Bayliss BOSTON (Reuters) – Hedge fund Tourbillon Capital Partners is shutting down after several years of poor returns, making it the third well-known...

U.S. Treasury still concerned about yuan depreciation: official

NUSA DUA, Indonesia (Reuters) – The United States remains concerned about China’s recent currency depreciation, a senior Treasury official said on Monday, adding that...

Brazil markets soar on strong first-round vote for Bolsonaro

By Bruno Federowski and Paula Laier BRASILIA/SAO PAULO (Reuters) – Brazilian markets rose on Monday after far-right presidential candidate Jair Bolsonaro ran up a huge...

Global downturn has become more likely, Germany warns

FRANKFURT (Reuters) – A global economic downturn has become “more likely”, making it urgent for governments to set cash aside, Germany’s central bank was...

Indonesia to press for policy coordination at IMF-World Bank meetings

By Gayatri Suroyo and Fransiska Nangoy NUSA DUA, Indonesia (Reuters) – Indonesia plans to use meetings between global finance ministers and central bank chiefs on...

Turkey seeks defense from 114 companies over price hikes: trade ministry

ISTANBUL (Reuters) – The Turkish Trade Ministry said on Monday it had asked 114 companies for their defense of what it described as excessive...

Timing of ECB rate hike still not fixed: Dutch central bank...

AMSTERDAM (Reuters) – The European Central Bank (ECB) will have to start discussing the timing of an interest rate hike in January and the...
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