ECONOMY & MARKETS

Colombia will continue to reduce its fiscal deficit but may need another year to reach the target laid out for 2023 in order to finance social needs, incoming Finance Minister Jose Antonio Ocampo said on Tuesday.

European Union and U.S. officials said on Tuesday that "there should be no obstacle" to restoring banking and telecommunications services to the country's isolated northern Tigray region.

A trio of Federal Reserve officials from across the policy spectrum signaled on Tuesday that they and their colleagues remain resolute and "completely united" on getting U.S.

The U.S. Federal Reserve could raise interest rates by half a percentage point at its next policy meeting in September if high inflation does not improve and a 75 basis point hike could also be on the table, Chicago Fed President Charles Evans said on Tuesday.

U.S. job openings fell by the most in just over two years in June as demand for workers eased in the retail and wholesale trade industries, but overall the labor market remains tight, allowing the Federal Reserve to continue raising interest rates.

Canadian manufacturing activity lost further momentum in July as production and new orders declined for the first time since the early stages of the coronavirus pandemic, data showed on Tuesday.

A Mexican union on Tuesday said it will request a U.S.

Chinese investors roughly doubled the number of applications they made last year seeking U.S.

U.S. stock index futures fell on Tuesday on concerns that a planned visit by U.S.

Wall Street ended lower after a choppy session on Tuesday, with geopolitical tensions flaring after U.S. House of Representatives Speaker Nancy Pelosi visited Taiwan.

Wall Street's major indexes fell on Tuesday on concerns over rising U.S.-China tensions ahead of the arrival of U.S.

The Russian and Belarusian operations of Raiffeisen Bank International (RBI) posted the sharpest gains in profit among its subsidiaries in the first half, figures on Tuesday showed, even as the Austrian bank weighs a possible withdrawal from the region.

Japanese Finance Minister Shunichi Suzuki on Tuesday reiterated the need for currencies to move stably reflecting fundamentals, describing recent yen swings as "hectic", highlighting the complication for authorities in responding to sharp currency moves.

The Reserve Bank of India will hike its key interest rate on Friday, economists polled by Reuters said, but there was no consensus on the size of the move given the absence of any clear guidance from the central bank.

Global stocks slipped and bond yields fell on Tuesday, compounding fears of a global recession, on concern that a visit by U.S.

Asia stocks tumbled on Tuesday as jitters about an escalation in Sino-U.S.

Asia stocks continued a decline from Wall Street on Tuesday, and U.S.

Stocks slipped and bond yields fell on Tuesday on worries a visit by U.S.

U.S. stocks ended a choppy session lower on Tuesday, while the dollar rallied as risk appetite was dampened by economic uncertainties and escalating U.S.-China tensions.

U.S. stocks were mixed in choppy trading on Tuesday, while the dollar rallied in a risk-off session driven by economic uncertainties and simmering U.S.-China tensions.

The dollar continued its decline on Tuesday, falling to its lowest in two months against the recovering Japanese yen and losing ground on other peers, as investors continued to position for a less aggressive pace of Federal Reserve interest rate hikes.

The dollar strengthened sharply against the Japanese yen on Tuesday as remarks by U.S. Federal Reserve officials hinted that more interest rate hikes are coming in the near term.

The yen was up slightly against the dollar Tuesday, adding to recent gains as increasing tensions over U.S.

South Korea's consumer inflation sped up to a nearly 24-year high in July, data showed on Tuesday, supporting the market's view for further central bank tightening this year.

Japan's average minimum wage is set to rise at a record pace this year, the government said on Tuesday, a positive development for Prime Minister Fumio Kishida's efforts to cushion households from global commodity inflation.

U.S. manufacturing activity slowed less than expected in July and there were signs that supply constraints are easing, with a measure of prices paid for inputs by factories falling to a two-year low, suggesting inflation has probably peaked.

Global thematic funds are facing heavy outflows this year as investors' fascination fade with such assets, most of which are closely correlated with economic growth.

U.S. manufacturing activity slowed less than expected in July and there were signs that supply constraints are easing, with a measure of prices paid for inputs by factories falling to a two-year low, suggesting inflation has probably peaked.

Pakistan's annual consumer price inflation reached 24.9% in July, up from 21.3% in June and the highest in 14 years, the statistics bureau said on Monday.