WASHINGTON (Reuters) – The International Monetary Fund’s steering committee on Thursday urged global policymakers to monitor pricing dynamics closely, but to “look through” inflationary pressures that are transitory and will fade as economies normalize.FILE PHOTO: International Monetary Fund logo is seen inside the headquarters at […] Accommodation operators in the youth tourism market arebleeding badly financially and some are beyond tipping point. The sector, worth at least $1.5 billion a year before Covid, is backing a leading tourism group’s bid to demand more clarity from the Government on the milestones needed […] Lorde likely won’t be getting a massive windfall if the sale of her music catalogue goes through. A music industry executive, who spoke to the Herald under the condition of anonymity, explains the $1.6 billion reported by the Financial Times yesterday doesn’t involve Lorde directly. […] DALLAS — When Southwest Airlines canceled more than 2,000 flights over the weekend, citing bad weather and air traffic control issues, unsupported claims blaming vaccine mandates began taking off. Conservative politicians and pundits, including Republican Sen. Ted Cruz of Texas, alleged the flight disruptions resulted […] SHANGHAI/LONDON (Reuters) – The rumbling crisis at China Evergrande Group and other major homebuilders drove debt market risk premiums on weaker Chinese firms to a record high on Wednesday and triggered a fresh round of credit rating downgrades.FILE PHOTO: The China Evergrande Centre building sign […] LONDON (Reuters) – U.S. debt ceiling wrangles and the euro’s growing dominance of bond issuance linked to environmental or sustainability goals could start to chip away at Treasuries’ status as the ultimate reserve asset, putting Europe in a position to boost its share.FILE PHOTO: Euro, […] SINGAPORE – Container vessels are continuing to arrive off schedule at Singapore’s terminals due to congestion at other ports, port operator PSA Singapore said on Wednesday (Oct 13). This comes as major ports such as China’s Yantian in Shenzhen and Los Angeles are seeing backlogs […] (Reuters) – U.S. central bankers broadly agree they can soon begin reducing their support for the economy, but are divided over how much of a threat high inflation poses, and – more importantly – what they might need to do about it.FILE PHOTO: Federal Reserve […] TOKYO (Reuters) – The dollar eased back from a one-year high versus major peers on Wednesday ahead of U.S. consumer price data that could provide additional clues on when the Federal Reserve will taper stimulus and raise interest rates.FILE PHOTO: A picture illustration shows U.S. […] HONG KONG (Reuters) – Asian shares were on edge on Wednesday as worries about soaring power prices fuelling inflation weighed on sentiment and drove expectations the United States would taper its emergency bond buying programme, holding the dollar at a one-year high.FILE PHOTO: A man […]
IMF steering committee urges central banks to closely monitor inflation
Covid 19 Delta outbreak: Youth adventure accommodation businesses beyond breaking point
Music insider reveals how much Lorde is likely to get from blockbuster $1.6b deal
Amid Southwest Airlines woes, unsupported sickout claims take flight The Denver Post
Chinese property firms suffer fresh downgrades amid Evergrande crisis
Analysis-Debt ceiling crises sharpen scrutiny of U.S. safe-haven status
Vessels arriving off schedule in Singapore due to congestion at other ports, but service remains optimal: PSA
'Patient' or 'aggressive'? Fed policymakers split on inflation response
Dollar eases from one-year high before CPI data as Fed clues sought
Asian shares edgy amid inflation fears, dollar at one-year high
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