Indonesia posts $7.1 billion Jan-Aug budget surplus, expects higher energy bills

Indonesia had a budget surplus of 107.4 trillion rupiah ($7.10 billion) in the January to August period, equivalent to 0.58% of gross domestic product, its finance minister said on Monday, compared with a 2.26% deficit in the same period in 2021.

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26-09-2022

Grim demand outlook pushes copper prices to 2-month low

LONDON (Reuters) -Copper prices dropped to two-month lows on Monday as fears of a global growth slowdown, weaker demand, a higher dollar and climbing stocks in London Metal Exchange (LME) registered warehouses sparked a sell-off.

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26-09-2022

Pakistani rupee opens slightly firmer, markets await new finance minister

KARACHI, Pakistan (Reuters) -The Pakistani rupee opened slightly stronger on Monday as market participants awaited the announcement of a new finance minister, at a time when the country grapples with economic turmoil worsened by devastating floods.

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26-09-2022

China's yuan ends at 28-month low despite fresh policy step, nears daily lower limit

SHANGHAI (Reuters) -China's yuan finished domestic trading session at a new 28-month low against the dollar on Monday, near its downside trading limit, despite the central bank taking steps to rein in the currency's weakness.

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26-09-2022

China's yuan hits 28-month low despite fresh policy step, nears daily down-limit

China's yuan touched a 28-month low against the dollar on Monday, only steps away from its downside trading limit, despite the central bank taking steps to rein in the currency's weakness.

newspaper

26-09-2022

London aluminium hits 18-month low on demand concerns

London aluminium prices dropped to their lowest in more than 18 months on Monday, as concerns of weakening demand and a stronger dollar weighed on prices.

newspaper

26-09-2022

London copper price hits two-month low on strong dollar

London copper prices hit a more than two-month low on Monday, as a stronger dollar made greenback-priced metals more expensive to holders of other currencies.

newspaper

26-09-2022

Courbit-led group offers 20 euros a share for M6 stake - Bloomberg News

French media mogul Stephane Courbit and his investor partners are said to have offered 20 euros ($19) a share for Bertelsmann SE & Co.'s stake in television company Groupe M6, Bloomberg News reported on Sunday.

newspaper

25-09-2022

Inflation, spending cuts undermine Biden's hunger policy

Grace Melt made her first visit to the Nourishing Hope food pantry on Chicago's North Side in August. Throughout the COVID-19 pandemic, she used food stamps issued by the federal government to buy groceries while out of work for a knee injury.

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24-09-2022