TOKYO (Reuters) -Japan’s factory output unexpectedly fell in April, government data showed on Wednesday, as production machinery orders slowed amid weakening global demand, casting doubts about[...]
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May 31, 2023
Australia inflation accelerates in April, keeps pressure on RBA
By Stella Qiu SYDNEY (Reuters) – Australian consumer prices rose by more than expected in April on a jump in fuel prices and strong gains in housing, suggesting sticky inflation will likely keep[...]
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S.Korea April factory output falls, retail sales drop most in 5 months
SEOUL (Reuters) -South Korea’s factory production and retail sales fell in April, underscoring another tough quarter after the economy narrowly averted a recession in the first three months of t[...]
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US House committee votes to advance debt ceiling bill
WASHINGTON (Reuters) – A bill to suspend the $31.4 trillion U.S. debt ceiling and avert a disastrous default advanced on Tuesday when a key House of Representatives committee voted to send it to[...]
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BOJ may hike rates if sustained wage growth looks likely-government panellist
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan (BOJ) may raise short-term interest rates early next year if sustained wage growth becomes a real prospect, Tsutomu Watanabe[...]
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India’s economy likely gained pace in March quarter
By Manoj Kumar NEW DELHI (Reuters) – India is set to release data on Wednesday that is expected to show the economy grew by 5% in the January-March quarter from a year earlier, accelerating from[...]
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Nvidia briefly joins $1 trillion valuation club
By Akash Sriram and Samrhitha A (Reuters) – Nvidia Corp briefly joined an elite club of U.S. companies sporting a $1 trillion market value on Tuesday, as investors piled into the chipmaker that[...]
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US CBO: debt ceiling bill to cut $1.5 trillion from deficit over decade
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Congressional Budget Office said on Tuesday its budget deficit projections would be reduced by about $1.5 trillion over the next 10 years if the debt c[...]
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