China June export grows at fastest pace in 5 months China June imports growth slows, miss f39;cast Overall export outlook still faces uncertainty Darkening global economic backdrop, Ukraine war add to strain BEIJING, July 13 Reuters China39;s exports grew at their fastest pace in five months in June, exceeding analysts39; expectations and adding to evidence […]

China Q2 GDP seen growing 1.0 yy, vs Q139;s 4.8 China 2022 growth seen at 4.0, 2023 growth at 5.3 Inflation seen at 2.3 in 2022 and 2023 C.bank seen cutting LPR by 10 bps in Q3 2022 BEIJING, July 13 Reuters China39;s economic growth likely slowed sharply in the second quarter as COVID19 lockdowns […]

Base rate hiked 50 bps to 2.25 Reuters poll 2.25 Most analysts see rate at 2.75 by year end BOK expects 2022 GDP growth to lag earlier projection SEOUL, July 13 Reuters South Korea39;s central bank raised its policy interest rate by an unprecedented half point on Wednesday, aiming to pull inflation from 24year highs […]

July 12 Reuters Euro zone government bond yields fell on Tuesday while money markets scaled back their expectations about European Central Bank39;s rate hikes amid concerns over the economic outlook due to surging energy prices and potential gas supply cuts. Physical gas flows through the Nord Stream 1 pipeline from Russia to Germany fell to […]

BUDAPEST, July 12 Reuters Hungary and Romania are in talks to increase the capacity of a natural gas pipeline interconnector that straddles their borders to more than 3 billion cubic metres bcm of gas per year, Hungarian Foreign Minister Peter Szijjarto said on Tuesday. Szijjarto said the planned expansion of import capacity via Romania would […]

OAKLAND, Calif., July 12 Reuters A supply chain crisis triggered by the global pandemic deprived makers of PCs and smartphones to cars of computer chips needed to make their products. All that suddenly changed over three weeks from late May to June, as high inflation, China39;s latest COVID lockdown, and the war in Ukraine dampened […]

SYDNEY, July 12 Reuters A measure of Australian consumer sentiment slid for an eighth straight month to match pandemic lows in July as the surging cost of living and rising interest rates darkened the national mood. The WestpacMelbourne Institute index of consumer sentiment released on Tuesday slid 3.0 in July from June, when it dropped […]

SYDNEY, July 12 Reuters A measure of Australian business confidence slid in June as rising costs and worries about consumer spending slugged the retail sector, though most firms reported actual activity was holding up well so far. Tuesday39;s survey from National Australia Bank Ltd NAB showed its index of business conditions eased 2 points to 13 […]

Data due on 1200 GMT, July 12 BENGALURU, July 11 Reuters India39;s retail inflation likely held steady in June, but well above the Reserve Bank of India39;s tolerance limit for a sixth month as lower fuel and cooking oil prices offset higher services and food costs, a Reuters poll found. Despite a substantial recent increase […]

MILAN, July 11 Reuters Italian bank lending to businesses rose in May compared to the previous month, data from the Bank of Italy showed on Monday. A monthly report on the balance sheets of domestic banks showed loans to nonfinancial companies increased by 2.3 yearonyear in May from a 1.8 rise in April. The data […]