By Ariba Shahid KARACHI, PAKISTAN (Reuters) – Pakistan’s central bank is widely expected to raise its key policy rate by 200 basis points in an off-cycle meeting on Thursday as it struggles to u[...]
Read more
February 28, 2023
China urban employment, per capita spending logged rare declines in 2022
By Joe Cash BEIJING (Reuters) -China’s urban employment fell for the first time in six decades last year and per capita spending also marked a rare decline, as harsh COVID-19 curbs ravaged the w[...]
Read more
ECB has started to win inflation fight, Lane says
By Balazs Koranyi and Frank Siebelt FRANKFURT (Reuters) – Euro zone inflation pressures have begun to ease, including for all-important core prices, but the European Central Bank will not end ra[...]
Read more
Marketmind: Market mood downbeat ahead of raft of data
A look at the day ahead in European and global markets from Anshuman Daga The overarching downbeat mood among investors shows no signs of improving as markets become increasingly wary of a further ris[...]
Read more
Germany home prices to sink nearly 6% this year – Reuters Poll
By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany will fall more sharply this year and next than previously thought as higher interest rates dampen demand, according to analysts in[...]
Read more
Incoming BOJ deputy head brushes aside near-term tweak to easy policy
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Incoming Bank of Japan (BOJ) Deputy Governor Shinichi Uchida on Tuesday brushed aside the chance of an immediate overhaul of ultra-loose monetary[...]
Read more
Vietnam factory output up in Feb despite drop in smartphone production
HANOI (Reuters) – Vietnam’s industrial output and exports rose in February from a year earlier, partly helped by higher footwear sales, in a possible sign of recovering global demand for g[...]
Read more
Australia to limit tax breaks on multi-million dollar retirement savings
SYDNEY (Reuters) – The Australian government said on Tuesday it would limit tax breaks for members with pension balances of more than A$3 million ($2 million) in the face of mounting pressure on[...]
Read more
Japan’s factory output posts biggest fall in 8 months on weak autos, chips sectors
By Kantaro Komiya TOKYO (Reuters) -Japan’s factory output shrank at the fastest pace in eight months in January as declining overseas demand took a heavy toll on key industries such as automaker[...]
Read more