PARIS, Aug 3 Reuters Growth in France39;s services sector weakened by less than initially expected in July, yet inflationary pressures were likely to weigh in the nearterm on the euro zone39;s secondbiggest economy, a monthly survey showed on Wednesday. Data compiler SP Global Market Intelligence said its final purchasing managers index for services fell in […]

Aug 4 Reuters Australia39;s Big Four banks raised their home loan variable interest rates on Thursday, after the country39;s central bank hiked rates earlier this week. Commonwealth Bank of Australia, Australia and New Zealand Banking Group, National Australia Bank and Westpac Banking Corp increased their mortgage rates to match the hike announced by the central bank. The new […]

NEW DELHI, Aug 4 Reuters Russia became India39;s thirdlargest coal supplier in July, with imports rising by over a fifth compared with June to a record 2.06 million tonnes, data from Indian consultancy Coalmint showed. Russia has historically been the sixthlargest supplier of coal to India, behind Indonesia, South Africa, Australia, and the United States, […]

Exports median forecast 11.65 yy prior month 15.2 Imports median forecast 15.85 yy prior month 19.2 Balance median forecast 4.49 bln prior month 4.64 bln CPI median forecast 3.51 yy prior month 3.59 TAIPEI, Aug 4 Reuters Taiwan39;s exports likely rose for the 25th straight month in July though at a slower pace than in […]

SHANGHAI, Aug 4 Reuters Foreign investors continued to cut holdings in Chinese bonds in July and dumped equities for the first time in four months, according to a report by the Institute of International Finance IIF. Emerging markets posted a fifth straight month of portfolio outflows, setting the longest such streak in records going back […]

MUMBAI, Aug 3 Reuters India39;s record high trade deficit in July signals a further deterioration in the country39;s external balances, which is likely to keep the rupee under pressure, analysts said on Wednesday. Trade deficit in Asia39;s third largest economy widened to an alltime high of 31 billion, data on Tuesday showed, prompting concerns about […]

Committee recommends average minimum wage hike of record 3.3 Rise reflects PM Kishida39;s resolve to redistribute wealth Minimum wage rise follows offer for higher pay by big firms Wage hikes must be sustainable rather than oneoff analyst TOKYO, Aug 2 Reuters Japan39;s average minimum wage is set to rise at a record pace this year, […]

SYDNEY, Aug 1 Reuters Australian job advertisements slipped for the first time in three months in July in a sign their strong run may finally have peaked, though they remain at historically high levels that point to a further drop in unemployment. Monday39;s figures from Australia and New Zealand Banking Group Ltd showed total job ads […]

SEOUL, Aug 1 Reuters South Korea39;s exports grew at a faster annual pace in July as robust demand from the United States offset weak sales to China, though the trade and broad economic outlook was clouded by slowing global growth amid rapidly rising borrowing costs. Outbound shipments rose 9.4 in July from a year earlier […]

SYDNEY, Aug 1 Reuters Australian home prices slid for a third month in July and the pace quickened as Sydney suffered its worst decline in almost 40 years amid rising borrowing costs and a costofliving crisis. Figures from property consultant CoreLogic out on Monday showed prices nationally fell 1.3 in July from June when they […]