(Reuters) -German investor sentiment fell more than expected in May, pointing to a worsening of the already unfavourable economic situation in the next six months and spurring recession fears. “[...]
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May 16, 2023
Japan approves energy firms’ household power price hike
TOKYO (Reuters) – Japan’s government on Tuesday has approved an increase in household electricity rates of made by seven major utilities after delays in examining their requests as the gov[...]
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India’s newest infra lender to loan 1 trillion rupees this fiscal -official
By Ira Dugal MUMBAI (Reuters) – The Indian government-backed National Bank for Financing Infrastructure and Development (NaBFID) expects to sanction close to 1 trillion rupees ($12.23 billion) i[...]
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Euro zone Q1 GDP growth confirmed at 0.1% q/q, Q1 exports jump
BRUSSELS (Reuters) – Euro zone economic growth was 0.1% quarter-on-quarter in the first three months of the year, the EU’s statistics agency confirmed on Tuesday, with rising employment an[...]
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Investors lift equity allocations to 5-month high – BofA survey
LONDON (Reuters) – Investors lifted equity allocations to a 5-month high but cash levels also increased to 5.6%, even as they remained worried about a possible credit crunch and inflation stayin[...]
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Analysis-Australian banks’ bid to shake mortgage reliance brings new risks
By Byron Kaye SYDNEY (Reuters) – Australia’s big banks are pivoting to what analysts say could be a risky fight for growth in the country’s unloved business loans market as a price w[...]
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US on track for June 1 default without debt ceiling hike, Treasury says
By David Lawder, Andrea Shalal WASHINGTON (Reuters) -The U.S. Treasury Department reiterated Monday it expects to be able to pay the U.S. government’s bills only through June 1 without a debt li[...]
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China’s April data show economic recovery losing steam, testing policymakers
By Ellen Zhang and Joe Cash BEIJING (Reuters) -China’s April industrial output and retail sales growth undershot forecasts, suggesting the economy lost momentum at the beginning of the second qu[...]
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UK jobless rate rises, potentially easing BoE inflation worries
By William Schomberg and Sachin Ravikumar LONDON (Reuters) -Britain’s unemployment rate rose and there were other signs of less inflationary heat in the labour market in data published on Tuesda[...]
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