Bank of Thailand Chairman Somchai Sujjapongse criticized the central bank’s slow progress on regulatory reform and called for action to reverse a prolonged contraction in lending to smaller businesses.
UK data in the coming days may show a stabilizing jobs market and inflation at a one-year high, piling pressure on the Bank of England to raise interest rates again.
Federal Reserve Bank of Boston President Susan Collins said a gradual path for interest-rate hikes will be appropriate to lower inflation, as the labor market gains solid footing without adding to price pressures.
Paraguay won over investors in recent years thanks to strong growth, low taxes and a reputation as a safe haven in a volatile region. But the president’s downfall, a central bank in disarray and a financial firm in ruins have left investors questioning whether the country is still a good bet.
Russia’s statistics service still can’t fully publish and collect some of its main economic data, two weeks after a cyberattack knocked parts of its infrastructure offline — leaving officials who depend on the figures without some of their basic tools.
US consumer prices rose firmly once again in October, keeping Federal Reserve policymakers on course to raise interest rates at their meeting next month.
AirTrunk has filed detailed plans for two hyperscale data center campuses in southern India that could involve about 1.03 trillion rupees ($11 billion) of investment, advancing one of the country’s biggest proposed digital-infrastructure projects.
Yes Bank Ltd. asked India’s top court to review a ruling that revived 84.2 billion rupees ($893 million) of bonds written off during its 2020 rescue, a decision the lender has said could cut a key capital ratio by about 2.5 percentage points.
Federal Reserve Vice Chair Philip Jefferson said inflation has become the most important measure for policymakers as they consider additional interest-rate hikes.
European Central Bank Governing Council member Joachim Nagel said it’s very likely that borrowing costs will have to be raised further due to upward pressure on consumer prices.
Russia’s economy slowed in the third quarter as Ukrainian attacks knocked out industrial facilities, disrupted logistics and added to inflationary pressures.
Federal Reserve Bank of Dallas President Lorie Logan said the US central bank should separate assets purchased for market-functioning purposes from the ones it holds for monetary-policy operations in order to more clearly communicate its intentions during periods of financial stress.
Treasury Secretary Scott Bessent said his agency had long supported putting Megaspeed International on a trade blacklist but that responsibility for doing so rested with Commerce Secretary Howard Lutnick.
US wholesale inflation climbed in October from a year earlier at the fastest pace since 2022, adding to evidence of persistent price pressures throughout the economy.
