LONDON, July 7 Reuters House prices in Britain rose by the most since 2004 in the 12 months to June, leaping by 13 as betteroff households defied the broader costofliving squeeze facing the rest of the country, mortgage lender Halifax said on Thursday. The pace of house price growth accelerated from 10.7 in May, Halifax […]

BERLIN, July 7 Reuters German industrial production rose less than expected in May as supply chains problems caused by the war in Ukraine and pandemicrelated lockdowns in China make it difficult to process orders, official data showed on Thursday. The Federal Statistics Office said industrial output rose by 0.2 on the month after an upwardly […]

TAIPEI, July 5 Reuters Taiwan39;s Foxconn, the world39;s largest contract electronics maker, raised its fullyear business outlook on Monday thanks to strong sales of smartphones and servers despite concerns of slowing demand due to rising inflation. Like other global manufacturers, the Taiwanese firm has grappled with a severe shortage of chips, which has hurt smartphone […]

TOKYO, July 5 Reuters Japan39;s services sector activity expanded at the fastest pace in over eight years in June as the easing of coronavirus curbs boosted sentiment among businesses such as those in tourism. The pickup in activity is welcome news for a government betting on domestic demand to put the world39;s thirdlargest economy firmly […]

June inflation at highest since 1990s Asia financial crisis Foreign exchange reserves fall in June by most since late 2008 Stress builds on new government to move quickly Markets calm amid no sign of homegrown crisis SEOUL, July 5 Reuters South Korea39;s inflation last month hit the highest since the Asian financial crisis more than […]

July 5 Reuters British new car registrations fell 24 last month, marking the weakest June in 26 years, as the sector struggled with persistent supply shortage of components and China39;s COVID19 restrictions, industry data showed on Tuesday. New car registrations in Britain fell to 140,958 units, according to final figures from the Society of Motor […]

LONDON, July 5 Reuters Business growth across the euro zone slowed further last month, according to a survey in which forward looking indicators suggested the region could slip into decline this quarter as the cost of living crisis keeps consumers wary. SP Global39;s final composite Purchasing Managers39; Index PMI, seen as a good guide to […]

ROME, July 5 Reuters Italy39;s services sector growth slowed for a second month running in June amid high inflation and faltering demand, a survey showed on Tuesday. SP Global39;s Purchasing Managers39; Index PMI for services declined to 51.6 in June from 53.7 in May, slipping closer to the 50 mark that separates growth from contraction […]

WELLINGTON, July 5  New Zealand39;s business confidence continued to worsen in the second quarter of this year as companies grappled with increased costs and higher interest rates, a private think tank said on Tuesday. A net 65 of firms surveyed expected general business conditions to deteriorate compared with 40 pessimism in the previous quarter, the […]

DUBLIN, July 5 Reuters Growth in Ireland39;s services sector slowed markedly in June as concerns over inflation cut firms39; expectations for the next 12 months to the lowest level since the country was still in the grip of the COVID pandemic, a survey showed on Tuesday. The AIB SP Global Purchasing Managers39; Index PMI fell […]