Economic News

SEOUL (Reuters) -North Korea has fired a missile into the sea off the east coast of the Korean Peninsula, South Korea’s Joint Chiefs of Staff said on Thursday.

By Andrea Shalal (Reuters) – Ukrainian Prime Minister Denys Shmyhal on Thursday welcomed the “continuous, ironclad and unprecedented support” of the United States as his country fights Russia’s invasion, and underscored Ukraine’s commitment to battling corruption.

By Joe Bavier and Jorgelina do Rosario WASHINGTON (Reuters) -Angola’s next sovereign debt issuance will be an ESG bond of up to $1 billion, its finance minister told Reuters on Thursday, but she added that the southern African oil producer’s government would not tap the market this year.

By Yuka Obayashi TOKYO (Reuters) – Oil prices eased in early trading on Thursday after rising for the previous two sessions as investors remained cautious due to lingering concerns over a U.S. recession and weaker oil demand.

By Brendan Pierson (Reuters) -The abortion pill mifepristone will remain available in the United States while anti-abortion groups pursue a legal challenge seeking to ban it, but with significant restrictions including a requirement for in-person physician visits to obtain the drug, a federal appeals court ruled late on Wednesday.

WASHINGTON (Reuters) – World Bank President David Malpass on Thursday said progress on sovereign debt issues would be measured by actual restructuring deals being agreed for Ghana, Ethiopia and Zambia, and said there was still no agreement on his longstanding call for a standstill in debt

By Ankur Banerjee SINGAPORE (Reuters) – The dollar was on the back foot on Thursday after cooler-than-anticipated U.S. inflation data lifted risk sentiment and stoked expectations that the Federal Reserve will be done with its monetary tightening after hiking one last time next month.

(Reuters) – After central banks across Latin America and the Caribbean raised rates to battle inflation, the International Monetary Fund is now pointing at less spending from governments to help slow down price pressures – while reminding the region’s rich to pay more taxes.

By Mike Scarcella (Reuters) – Food and drug retailer Kroger Co on Wednesday asked a U.S. judge to dismiss as “speculative” a consumer antitrust lawsuit alleging the company’s proposed $24.6 billion acquisition of rival Albertsons Companies Inc would lessen grocer competition and drive up prices.

WASHINGTON (Reuters) – The U.S. Senate Labor committee will hold an April 20 confirmation hearing on U.S. Labor Secretary nominee Julie Su, panel chairman Senator Bernie Sanders said in a statement.

WASHINGTON (Reuters) – The leak of classified information was a “deliberate, criminal act,” the Pentagon said on Thursday.

NICOSIA (Reuters) – Cyprus is investigating how a number of its nationals ended up on U.S. and British sanctions lists for allegedly cooperating with sanctioned Russians, a spokesman said on Thursday.

By Angelo Amante, Giuseppe Fonte and Gavin Jones

By Ingrid Melander PARIS (Reuters) – French unions have called on workers to walk off the job and join protest rallies on Thursday for a twelfth nationwide day of protests against a bill that will make the French work longer.

RABAT (Reuters) – The Moroccan government said on Thursday it adopted a decree cancelling the value-added tax on agricultural inputs to help lower prices of fresh produce and other agrifoods.

By Diane Bartz WASHINGTON (Reuters) – Google will likely argue Thursday that the U.S. Justice Department’s allegations that it broke antitrust law to build and maintain its dominance of search are flawed and that its lawsuit should be thrown out, according to court filings.

(Reuters) – JPMorgan Chase & Co has cut dozens of base metals clients and slashed bankers’ bonuses after last year’s nickel crisis, Bloomberg News reported on Thursday, citing people familiar with the matter.

By Michael S. Derby (Reuters) – Ongoing stress in the New York City commercial real estate sector is still creating economic headwinds for the region as it nears a complete recovery from the coronavirus pandemic, and it’s unclear when or if the sector will return to

(Reuters) – BNP Paribas said on Thursday it has appointed José Placido as chief executive officer of its U.S. operations, effective April 1.

CAIRO (Reuters) – A travel ban on Lebanon’s central bank governor Riad Salameh was lifted on Thursday, public prosecutor Ghada Aoun told Reuters, in a move aimed at paving the way for him to attend a hearing in Paris related to a cross-border graft probe.