LONDON (Reuters) – Ukraine’s Deputy Central Bank Governor Kateryna Rozhkova said on Thursday inflation in the war-torn country would hit 30% by year-end and stay elevated next year. Howeve[...]
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J.P.Morgan predicts a mild U.S. recession next year
(Corrects to add story identifier) (Reuters) -J.P.Morgan economists predict a “mild recession” in the United States in the back half of next year given expectations for the Federal Reserve[...]
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Euro zone Oct y/y inflation revised marginally lower, still record high
BRUSSELS (Reuters) – Euro zone inflation in October was marginally lower than previously reported in year-on-year terms but still at a record high because of surging energy prices, final data sh[...]
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German shares outshine European peers after Siemens’ profit beat
By Shreyashi Sanyal (Reuters) -German shares led the gains among European stocks on Thursday as Siemens jumped after posting an upbeat quarterly profit, while investors awaited the UK budget, which is[...]
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Indonesia central bank hikes rates by 50 bp again, to ‘strengthen’ monetary response
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s central bank raised its key interest rate by 50 basis points for a third consecutive month on Thursday, saying it wi[...]
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Philippine central bank sticks to aggressive anti-inflation stance
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine central bank raised its key policy rate by 75 basis points on Thursday and signalled more rate hikes ahead, worried[...]
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Hong Kong’s August-October unemployment eases to 3.8%, improving for 6th straight period
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate eased to 3.8% in the August-October quarter, improving for the sixth consecutive period as economic activities reviv[...]
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China’s imports, exports will see greater pressure in Q4 – commerce ministry
BEIJING (Reuters) – China’s imports and exports will face greater pressure in the fourth quarter, due to insufficient external demand, commerce ministry spokesperson Shu Jueting told a new[...]
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As recession looms, British business sends out lending SOS
By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) – As inflation rockets and recession looms, many British businesses are struggling to secure affordable bank finance, piling pr[...]
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Marketmind: Good is bad? Depends on who or what you are
By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Good is bad again – or vice versa – as markets worry upbeat U.S. retail sales[...]
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