RBA preview: rates to remain unchanged, focus on timing of potential cuts
Investing.com– The Reserve Bank of Australia is widely expected to keep interest rates unchanged at the conclusion of a meeting on Tuesday, with focus turning to when the central bank could begin cutting rates. The RBA is expected to keep…
Markets brace for US election showdown in event-packed week
By Rae Wee SINGAPORE (Reuters) – Financial markets began the week on a cautious note on Monday, with shares in Asia subdued while the dollar eased slightly ahead of a busy week headlined by the U.S. presidential race which is…
Morning Bid: Dollar jolted by Iowa surprise
A look at the day ahead in European and global markets from Wayne Cole. The early action Monday has been in currencies as the dollar took a knock from a new poll in Iowa showing Democratic presidential contender Kamala Harris…
Thailand delays selection of central bank board chairman to next week
BANGKOK (Reuters) – The Bank of Thailand (BOT) said the independent committee selecting its board chairman had delayed its decision by a week on Monday, as former central bank governors warned political interference in monetary policy could weaken the economy….
China urges palatable EV trade solution from EU as France defends bloc
By Liz Lee BEIJING (Reuters) -China has urged France to push the European Commission towards a solution acceptable to both the European and Chinese electric vehicle industries, while France said the bloc would not yield on key matters as it…
Earnings call: Raiffeisen Bank International reports stable core revenue
In the third quarter of 2024, Raiffeisen Bank International (RBI) CEO Johann Strobl announced a consolidated profit of €156 million with a return on equity (ROE) of 8.6%. Despite a challenging operating environment and geopolitical tensions, the bank maintained stable…