By Shivangi Acharya and Riddhima Talwani NEW DELHI (Reuters) -India’s merchandise trade deficit in June was in line with expectations at $20.13 billion, according to a Reuters calculation based[...]
Read moreJuly 14, 2023
Euro zone almost eliminates trade deficit in May
BRUSSELS (Reuters) – The euro zone almost eliminated its trade deficit in May, non-adjusted data showed on Friday, as exports of chemicals and machinery picked up and the value of imported energ[...]
Read moreAustralia picks first female central bank head to shepherd through reform
By Wayne Cole SYDNEY (Reuters) – Australia has appointed the first female head of its central bank, passing over the current governor to elevate his deputy to the high-profile job amid a public[...]
Read moreA look at the state of US bank credit as earnings season begins
By Safiyah Riddle (Reuters) – Friday kicks off a week or more of earnings reports from U.S. banks covering the April-through-June period, the first full quarter of operations for the nation[...]
Read moreSmall business distress index hits mid-2020 high
(This July 13 story has been corrected to say Gotshal, not Gotschal, in paragraph 1) By Chiara Elisei LONDON (Reuters) – Corporate distress among small and medium-sized enterprises (SMEs) hit it[...]
Read moreExclusive-China invites global investors for rare meeting as economy sputters-sources
By Xie Yu and Julie Zhu HONG KONG (Reuters) – China’s financial regulators have invited some of the world’s biggest investors to a rare symposium next week, three sources said, seeki[...]
Read moreChina central bank to use tools such as RRR to tackle economic woes
By Kevin Yao BEIJING (Reuters) -China’s central bank will use policy tools such as the reserve requirement ratio (RRR) and medium-term lending facility to weather the challenges facing the world[...]
Read moreFed’s rate hike lags are about to bite: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -For the Fed and the U.S. economy, the hard bit starts now. Depending on the length of monetary policy’s ‘long and variable’ lag, a good[...]
Read moreAnalysis-BOJ in a bind as price pressures heighten case for early policy tweak
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is caught in a dilemma with growing prospects of sustained inflation heightening the case for an early tweak to its yield control policy, desp[...]
Read more