Brazil’s finance minister, Congress leaders seek to calm markets on tax change concerns
By Marcela Ayres SAO PAULO/BRASILIA (Reuters) -Brazil’s currency rebounded on Friday from record lows after congressional leaders said they would put the brakes on government income tax reform, and the finance minister stressed that fiscal commitment goes beyond a new…
Bank of Japan says inflation data key in deciding rate hikes, Nikkei reports
(Reuters) – Bank of Japan Governor Kazuo Ueda revealed in an exclusive interview with Nikkei newspaper that the central bank will base whether to hike interest rates on critical economic indicators, particularly wage and inflation data. Core consumer inflation in…
BOJ’s Ueda says wage trends key to possible rate hikes, Nikkei reports
TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said the next interest rate hikes are “nearing in the sense that economic data are on track,” the Nikkei business daily reported on Saturday. “I would like to see what kind…
Brazil’s Lula nominates Bradesco head trader as central bank monetary policy director
By Marcela Ayres BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva nominated Nilton David, head trader at Bradesco bank, to serve as the next monetary policy director at the central bank starting in January, the institution said on…
Canada says North American free trade partners should be fully aligned on China
OTTAWA (Reuters) – Canada thinks the members of the U.S.-Mexico-Canada trade pact have a chance to produce a fully aligned policy on China, Finance Minister Chrystia Freeland said on Friday. Freeland made her remarks when asked by reporters about U.S….
TD Bank taps HSBC Canada’s former chief compliance officer, sources say
By Nivedita Balu TORONTO (Reuters) – TD Bank has hired Georgia Stavridis from Royal Bank of Canada to become a vice president in financial crimes risk management, a newly created role, three sources told Reuters. She was appointed chief compliance…