Shri Navaratnam

3 days ago | gurutrade.com | Rae Wee |Shri Navaratnam |Gerry Doyle |Christian Schmollinger

Dollar falls sharply across the board Trump looking into ways to axe Federal Reserve Chair Powell Swiss franc hits decade high, euro rises above $1.15 European markets closed for Easter Monday SINGAPORE, April 21 (Reuters) - The dollar tumbled on Monday as investor confidence in the U.S. economy took another hit over President Donald Trump's plans to shake up the Federal Reserve, which would throw into question the independence of the central bank.

6 days ago | gurutrade.com | Ju-min Park |Jihoon Lee |Christian Schmollinger |Shri Navaratnam

Proposed $8.6 billion budget to guard against trade war risks Bank of Korea signals rate cut due to Trump's tariff policy Parliament approval needed, Democratic Party seeks larger budget SEOUL, April 18 (Reuters) - South Korea's government proposed on Friday a supplementary 12.2 trillion won ($8.60 billion) budget to counter heightening risks to economic growth in the face of a global trade war and domestic political uncertainty.

6 days ago | gurutrade.com | Shri Navaratnam

BEIJING/SHANGHAI, April 18 (Reuters) - China is widely expected to leave its benchmark lending rates unchanged at the monthly fixing on Monday, a Reuters survey showed, but markets are wagering on more stimulus being rolled out soon in the face of an escalating Sino-U.S. trade war.

6 days ago | gurutrade.com | Leika Kihara |Jamie Freed |Shri Navaratnam

March core CPI rises 3.2% yr/yr, matches forecast Index excluding fresh food, fuel up 2.9% yr/yr in March Core inflation has now exceeded BOJ target for 36 consecutive months Data comes ahead of BOJ's policy meeting April 30-May 1 TOKYO, April 18 (Reuters) - Japan's core inflation accelerated in March due to persistent rises in food costs, data showed on Friday, complicating the central bank's task of weighing mounting price pressures against risks to the economy from higher U.S. tariffs. The...

1 week ago | gurutrade.com | Cynthia Kim |Shri Navaratnam

BOK signals rate cut in May and year ahead amid U.S. tariff risks Governor highlights economic uncertainties, board's openness to rate cuts Finance Minister warns of growth risks, plans extra budget spending SEOUL, April 17 (Reuters) - South Korea's central bank on Thursday signalled it would cut rates in May and left the door wide open to further monetary easing to cope with "significant" risks to the economy from U.S. President Donald Trump's sweeping tariff policy.