president

Sri Lanka announces budget aimed at clinching IMF deal, sees recovery by end-2023

The crisis-hit Sri Lankan economy can turnaround by end of 2023 if budget policies, which are not limited to the…

3 years ago

EXCLUSIVE ECB staff sees lower rate peak than market, sources say

European Central Bank staff see the need for fewer rate hikes than markets now estimate to tame inflation, according to…

3 years ago

Analysis: Massive turnaround for stocks puts traders on alert for more volatility

An eye-popping turnaround in stocks may be less bullish than hoped for, with traders saying short-term hedging activity buoyed equities…

3 years ago

OPEC+ oil supply cuts could tip world into recession, IEA says

A decision by the OPEC+ oil producer group last week to rein in output has driven up prices and could…

3 years ago

PayPal says policy to fine customers for ‘misinformation’ was an ‘error’

PayPal Holdings Inc said on Monday it will not fine users for misinformation and an earlier policy update that said customers…

3 years ago

Stocks ease as Ukraine attacks and rate outlook spark flight to havens

Global shares dropped on Monday after Russian missiles pounded cities across Ukraine and as renewed concern about the economic outlook…

3 years ago

Turkish bank stocks’ rollercoaster ride leaves investors reeling

Head-spinning volatility in Turkey's banking shares has left investors reeling after a 100% stock market surge this year, driven by the highest…

3 years ago

Sri Lanka to present debt restructuring, IMF bailout plans to creditors

Crisis-hit Sri Lanka will make a presentation to its international creditors on Friday, laying out the full extent of its…

3 years ago

Exclusive: Flurry of new rules leave Turkish banks struggling to lend

Some Turkish banks are curtailing corporate lending after the government's latest raft of regulations raised their costs and forced many…

3 years ago

Putin says wants to restrict destinations for Ukraine’s grain exports

Russian President Vladimir Putin on Wednesday warned of a looming global food crisis and said he would discuss amending a…

3 years ago