Bank set to hold interest rates but ‘needs to be ready’ to act on inflation
The Bank of England is expected to keep interest rates unchanged for the sixth time this year, but…
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The Bank of England is expected to keep interest rates unchanged for the sixth time this year, but…
An ad hoc committee of the International Center for Settlement of Investment Disputes (ICSID) rejected a Chinese investor's bid to overturn an earlier award in favor of the Korean government in an investor-state dispute worth 264.1 billion won ($196 million), the justice ministry said Sunday. The ICSID ad hoc committee dismissed Chinese investor Fengzhen Min's annulment application in its entirety at around 5:25 a.m. Saturday (Korea time), according to the ministry. The committee also ordered the Chinese investor to pay the Korean government about 1.51 billion won in costs for the annulment proceedings, plus interest. "The decision reaffirmed the principle that investments made in violation of domestic law are not entitled to protection under the investor-state dispute settlement (ISDS) system," the ministry said. The dispute stemmed from loans Min received from a Korean bank in connection with the acquisition and development of an office building in Beijing. In 2007, Min established Pi Korea in Korea and raised 380 billion won through project financing loans arranged and guaranteed by Wo
RBI rejects group’s appeal against forced listing, setting the stage for what could become India’s biggest IPO
articles | July current account data will be released on Monday. We forecast that the deficit was only slightly narrower…
Ukraine’s State Statistics Service revised its second-quarter 2026 GDP estimate down to 0.4% year-on-year, from a 0.6% flash estimate, and to 0.3% quarter-on-quarter, below the National Bank’s earlier 0.8% calculation. Nominal GDP reached just under Hr. 2.31 trillion ($51.8 billion).
Central bank balance sheets will stay large
The ECB’s decision was largely priced in before it was announced, but mortgage rates could rise further across the eurozone’s biggest economies as banks respond to persistent inflation and elevated market rates.
Government-backed networks such as UPI and Pix explore link-ups with central banks overseas
Steve Bloomfield | This week’s move suggests that, even in the age of Trump, Britain will once again have an ‘ethical dimension’ to its foreign policy. That’s good for the world Almost 30 years ago, the Labour titan Robin Cook announced his arrival at the Foreign Office by laying out what would become described as an “ethical foreign policy”. The UK, he said, “must support the demands of other peoples for the democratic rights on which we insist for ourselves”. Human rights would be “at the heart of our foreign policy”.In the 25 years since Cook was demoted, Britain has had a further 14 foreign secretaries – including seven in the past six years – few of whom can claim to have placed progressive ideals at the heart of their actions. Ed Miliband’s speech on Tuesday outlining the UK’s decision to impose economic sanctions on Israeli settlements in the West Bank – and unveiling the international coalition he has built to support it – suggests that Cook may finally have a successor.Steve Bloomfield is the former international editor of the Observer and a previous winner of the Orwell prize Continue reading...
Austrian central bank governor Martin Kocher says risk of elevated inflation is higher than it was a few months ago
The Russian Central Bank's board of directors on Sept. 11 decided to keep the key rate at 14%, the first time the regulator has opted not to cut it since mid-June 2025.
Britain announced this week that it will ban imports from Israeli communities in Judea and Samaria and sanction companies that help those communities grow, with France and Canada to follow.
MUMBAI, Sept 11 (Reuters) - Finance ministers and central bank governors of BRICS countries have called for reform of global developmental financial institutions such as the International Monetary Fund and World Bank, seeking a stronger voice for emerging market economies."With the growing share of emerging market and developing economies in global output and growth, reform of global economic governance remains a consistent BRICS priority," finance chiefs of BRICS countries said in a joint statement issued late on Thursday.