Notizia

Bank Indonesia will leave its key interest rate steady at 3.50% on Thursday but over one-quarter of economists in a Reuters poll expect a rate rise to stem imported inflation from a weak rupiah currency as the U.S. Federal Reserve tightens aggressively.

TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Tuesday he was concerned about recent sharp yen weakening and would appropriately respond to exchange market moves if necessary, repeating a warning as the yen hovered near a 24-year low versus the dollar.

Mexico said it would prohibit subcontracting of day laborers in the avocado and berry industries, partly to ensure companies complied with requirements under the country's trade agreement with the United States and Canada.

Telecom Italia's (TIM) top investor Vivendi wants the phone group to value its fixed landline network at 31 billion euros ($33 billion) in any sale, far above analysts' and TIM's own estimate, a source close to the French group said.

Telecom Italia's (TIM) top investor Vivendi wants its fixed landline network to be valued at 31 billion euros ($33 billion) in any sale, far higher than analysts and the telecom company had forecast, a source close to the French group said.

Australia's biggest building materials manufacturers are cutting back operations, hiking prices and considering moving production offshore to manage a spike in power and gas bills, adding to pressure on the government to resolve the country's energy crisis.

China stood pat on its benchmark lending rates for corporate and household loans, as expected, on Monday, with global central banks' rate increases making it tough for Beijing to stimulate a weak domestic economy by lowering rates.

Nigeria is withholding $450 million in revenue international carriers operating in the country have earned, an executive at the world's largest airlines association said on Sunday.

Igor Sechin, the head of Russian oil major Rosneft, said on Saturday that BP still remains its largest private shareholder despite having announced its departure in February after Moscow sent troops into Ukraine.