Browsing: Economy

KARACHI, Pakistan (Reuters) – The International Monetary Fund (IMF) Executive Board meeting on Pakistan has been scheduled for July 12, the lender confirmed in email on…

The White House early Friday said it’s trying to crack down on so-called junk insurance with new rules. If finalized, the new rules would require short-term…

DUBAI (Reuters) – Foreign direct investment (FDI) flows into the United Arab Emirates rose 10% in 2022 from the previous year to a record $23 billion,…

LONDON (Reuters) – Cyber insurance rates dropped around 10% in June compared with a year earlier, reversing recent sharp rate rises, as claims proved smaller than…

After hitting a six-month high in April, the U.S. international trade deficit narrowed 7.3% in May to $69 billion, the Commerce Department said Thursday.  The deficit…

By Naomi Rovnick and Chiara Elisei LONDON (Reuters) – A financial stream that helped fund the world’s riskiest companies and grew into a market estimated at…

U.S. inflation has been hotter-than-expected in the first half of the year and the Federal Reserve needs to push interest rates higher to cool it down,…

By Huw Jones LONDON (Reuters) -Global regulators on Wednesday proposed tougher rules for investment funds to increase their resilience to market shocks as they clamp down…

Few Wall Street strategists were looking for a robust rally to kick off 2023 after 2022 went into the books as an exceptionally brutal year. And…

By Tommy Wilkes LONDON (Reuters) -The remaining insurers in a United Nations-backed coalition aimed at tackling climate change are poised to loosen the alliance’s membership requirements,…