ECB’s Schnabel Says July Cut Doesn’t Look Warranted
European Central Bank Executive Board member Isabel Schnabel warned against back-to-back interest-rate cuts in June and July.
European Central Bank Executive Board member Isabel Schnabel warned against back-to-back interest-rate cuts in June and July.
Hong Kong launched a pilot program enabling digital yuan payments through major Chinese banks, the first example of China’s currency project being deployed beyond the mainland.
European stocks retreated for a second day as dialed-down bets for Federal Reserve policy easing weighed on risk sentiment.
India’s young population will keep consumption demand high for the next three decades, underpinning rapid growth in the economy, Finance Minister Nirmala Sitharaman said.
GSK Plc will sell its remaining stake in Haleon Plc for £1.25 billion ($1.6 billion), completing the drugmaker’s separation from the consumer health company.
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