CPI rate rises to 10.1 in July from 9.4 in June Inflation last higher in February 1982 Economists expect BoE to raise rates again next month Signs of some easing of price pressures for factories LONDON, Aug 17 Reuters British consumer price inflation jumped to 10.1 in July, its highest since February 1982, up from […]

WASHINGTON, Aug 16 Reuters Former students of ITT Technical Institute will not have to pay 3.9 billion they still owe in federal student loans to the nowdefunct forprofit college, the U.S. Department of Education said on Tuesday. ITT Educational Services Inc, which ran ITT Technical Institute, closed its roughly 130 campuses and filed for bankruptcy […]

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Aug 16 Reuters Russian state gas company Gazprom said on Tuesday that European gas prices could spike by 60 to more than 4,000 per 1,000 cubic metres this winter, as the company39;s own export and production continues to […]

ZURICH, Aug 15 Reuters Sight deposits held by the Swiss National Bank increased by 1.7 billion Swiss francs 1.80 billion last week, data showed on Monday, indicating the central bank could be intervening in the market to slow the franc39;s surge in value. Total sight deposits held by the SNB increased to 751.28 billion francs […]

Q2 GDP 2.5 yy vs 3.1 in Reuters poll Q2 GDP 0.7 qq sa vs 0.9 in poll Revises 2022 GDP growth outlook to 2.73.2 from 2.53.5 Economists expect further interest rate hikes later this year BANGKOK, Aug 15 Reuters Thailand39;s economy expanded at the fastest pace in a year in the second quarter as […]

SHANGHAI, Aug 15 Reuters China39;s central bank unexpectedly cut a key interest rate for the second time this year and withdrew some cash from the banking system on Monday, to try to revive credit demand to support the COVIDhit economy. Economists and analysts said they believe Chinese authorities are keen to support the sluggish economy […]

Key indicators slowed from June, missed forecasts Youth unemployment touched record high in July Property investment, sales fall, home price decline deepens PBOC cuts key rates to revive credit demand BEIJINGSHANGHAI, Aug 15 Reuters China39;s central bank cut key lending rates in a surprise move on Monday to revive demand as data showed the economy […]

July exports seen 29.73 yy, vs June39;s 40.68 July imports seen 37.30 yy, vs June39;s 21.98 July trade surplus f39;cast at 3.93 billion, vs June39;s 5.09 bln Trade data due at 0400 GMT on Monday, Aug 15 JAKARTA, Aug 12 Reuters Indonesia39;s trade surplus may have narrowed to 3.93 billion last month due to weakening […]

TOKYO, Aug 15 Reuters Japan39;s economy expanded an annualised 2.2 in the AprilJune period to mark the third straight quarter of expansion on solid private consumption, government data showed on Monday. The increase in gross domestic product GDP was slower than a median market forecast for a 2.5 expansion. It translated into quarterly growth of […]

Average house prices 123 above lowest point hit in 2013 Mortgage rules tightened since bubble burst in 2008 June prices up 14.1 yy, growth slowing slightly Dearth of supply a major market factor DUBLIN, Aug 12 Reuters Irish house prices returned in June to levels not seen since the creditfuelLed peak of 2007,after data on […]