Q2 capex 4.6 yryr, seasonallyadjusted 3.9 qtrqtr Manufacturers39; capex 13.7 yryr, nonmanufacturers flat Firms39; Q2 recurring profit 17.6 yryr, sales 7.2 yryr Q2 recurring profit 28.3 trln yen, biggest on record TOKYO, Sept 1 Reuters Japanese companies increased spending on plant and equipment for a fifth straight quarter in AprilJune as business sentiment remained resilient […]

MILAN, Aug 31 Reuters Goldman Sachs expects the European Central Bank to raise interest rates by 75 basis points at its policy meeting next week after data on Wednesday showed euro zone inflation hitting a new record high. Given today39;s strongerthanexpected inflation data together with hawkish commentary and upside risks to nearterm growth we now […]

DUBLIN, Aug 31 Reuters Irish households set aside more money in July than during any month in the last year, central bank data showed on Wednesday, adding further to savings that have rocketed to record levels since the start of the COVID19 pandemic. The growth in net household deposits began to slow earlier this year, […]

FRANKFURT, Aug 31 Reuters Euro zone inflation jumped to another record high and will soon hit doubledigit territory, heralding a string of big interest rate hikes even as a painful recession appears increasingly certain. Driven by expensive gas and a devastating drought, consumer prices jumped more than expected in August and further rises are already […]

LONDON, Aug 31 Reuters Germany39;s borrowing costs rose to their highest level in over two months on Wednesday, and were set to end August with their biggest monthly surge in over 30 years, as data showed inflation in the euro area hitting another record high. Bond markets across Europe have been battered this month as […]

ONS says power bill rebates won39;t feed into inflation measures UK inflation running at 10.1 and seen rising higher Opposite ruling could have cut inflation by 0.30.4 LONDON, Aug 31 Reuters British government energy bill rebates for households cannot be viewed as lowering inflation, official statisticians said on Wednesday, ruling out the possibility of a […]

LONDON, Aug 31 Reuters Stocks eased on Wednesday after Russia switched off a key gas tap to Europe, compounding fears of recession just as central banks on both sides of the Atlantic prepare to raise borrowing costs again next month. Oil added to Tuesday39;s hefty losses, while the dollar was helped by strongerthanexpected U.S. jobs […]

Outage for maintenance on Nord Stream 1 pipeline No flows to Germany 0100 GMT, Aug. 31 0100 GMT, Sept. 3 European governments fear Moscow could extend the outage German regulator we are saving gas, must keep doing so Siemens Energy not involved in maintenance work FRANKFURTLONDON, Aug 31 Reuters Russia halted gas supplies via Europe39;s […]

SHANGHAI, Aug 31 Reuters Investors are snapping up China39;s coal stocks, betting the country39;s urgency to revive economic growth will override concerns about pollution to drive demand for fossil fuels and reliable energy. China39;s coal index surged roughly 10 in August, bringing this year39;s gains to nearly 50, against a drop of almost 20 for the […]

SYDNEY, Aug 31 Reuters Central banks had been caught napping with respect to inflation and would have to raise interest rates more aggressively as a result, extending equity market turmoil, the head of Australia39;s sovereign fund said on Wednesday. The chair of the Future Fund, which covers pension liabilities for Australian public servants, also criticised […]