German Trade with China Largely Unaffected by Lockdowns

BERLIN, June 13 Reuters German trade with China in April was little affected by COVID19 lockdowns and consequent disarray in supply chains, the Federal Statistics Office said on Monday. Germany imported goods worth 16.7 billion euros 17.5 billion from China in April, up 52.8 on a year earlier, said the statistics office. Importation of chemical […]
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Japan Edges Closer to Intervention in Yen

Japan says 39;concerned39; about sharp yen falls Top currency diplomat says 39;all options on table39; Tokyo ready to respond appropriately in accordance to G7 policy Yen fall puts pressure on BOJ ahead of next week39;s meeting Analysts see low chance of intervention, BOJ policy tweak TOKYO, June 10 Reuters Japan39;s government and central bank said […]
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Turkish unemployment rises to 11.3 in April

ISTANBUL, June 10 Reuters Turkey39;s unemployment rate rose to 11.3 in April, while a seasonally adjusted measure of labour underutilisation fell 10 percentage points to 21.7, data showed on Friday. The labour underutilisation measure was on a falling trend for much of last year after peaking at 29.6 in January 2021 under the impact of […]
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Japan Sticks to Forex Stance Even as Yen Slide Steepens

Yen weakens to 20yr low to dollar, 7yr trough vs euro Divergence of monetary policy spur yen weakening Kuroda retracts remark on households39; acceptance of price hikes TOKYO, June 8 Reuters Japanese policymakers held fast to their usual line on yen weakness on Wednesday, stating that rapid moves were undesirable, butconfounded expectations they may escalate […]
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