Page 12 - Jonathan Cable News Today

By Vivek Mishra and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) - Emerging market currencies will struggle to reclaim the ground lost this year, as ...

Bank Negara Malaysia (BNM) will hold its key policy rate at 3.00% on Thursday, adopting the same no-change stance as most of its Asian peers amidst signs of moderating economic growth and cooling inflation, a Reuters poll of economists showed. Inflation in the Southeast Asian nation dropped to a two-year low of 2.0% in July and the central bank, which does not particularly target inflation in setting monetary policy, said it would cool further. That suggests BNM, having raised rates by a modes...

Global business activity largely slowed further last month as services firms struggled in the face of weak demand as rising prices and borrowing costs made indebted consumer rein in spending, a raft of surveys showed on Tuesday. In Britain, outside the European Union, its survey showed the sharpest business slowdown in seven months. Asia's surveys for August were also more downbeat with China's services activity expanding at the slowest pace in eight months as weak demand continued t...

Bank Negara Malaysia will hold its key policy rate at 3.00% on Thursday, adopting the same no-change stance as most of its Asian peers amidst signs of moderating economic growth and cooling... -Today at 08:58 pm- MarketScreener

The decline in euro zone business activity accelerated faster than initially thought last month as the blocs dominant services industry fell into contraction, according to a survey which suggests the...

The slide in eurozone business activity accelerated faster than initially thought in August as the dominant services industry fell into contraction, suggesting the bloc could drop into recession.

The recent downturn in global property prices is mostly over with average home prices in major markets now expected to fall less than anticipated at the start of the year and rise into 2024, according...

British home prices will fall 4% this year, more than was thought a few months ago, as high interest rates and living costs keep potential buyers out of the property market despite a shortage of... -Today at 01:35 am- MarketScreener

The downturn in euro zone manufacturing eased last month, suggesting the worst may be over for the blocs beleaguered factories although demand weakened to its lowest in almost a year, a survey showed...

By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -A downturn in euro zone manufacturing eased last month, suggesting the worst may be over for