March household spending down 2.3 yy, smaller drop than forecast Household spending mm rises more than expected JanMar spending falls 1.8 qq Inflation clouds outlook while COVID risks easing analyst TOKYO, May 10 Reuters Japan39;s household spending fell in March for the first time in three months, though the 2.3 drop was smaller than expected, […]

COLOMBO, May 8 Reuters The Chinabacked Asian Infrastructure Investment Bank is considering granting 100 million in emergency support to Sri Lanka, the country39;s finance ministry said on Sunday. Sri Lanka has requested foreignexchange liquidity support for state banks from the lender, it said in a statement. Hit hard by the pandemic, rising oil prices and […]

LONDONDUBLIN May 6 Reuters European airlines and hotel chains are seeing bookings recover to levels barely seen since the start of the COVID19 pandemic, led by demand for shorter trips, although longdistance travel remains on the ropes. The pandemic led to international travel virtually shutting down as governments around the world curbed entry. However, the […]

KYIV, May 6 Reuters Ukraine hopes to grow export capacity by 50 in the next few months by expanding facilities on its western border, but it will still be far short of prewar levels, the deputy infrastructure minister said on Friday. More than ten seaports carried 75 of Ukraine39;s foreign trade, but they were closed […]

April imports estimated at 650,000 bpd Vortexa Q1 Iran exports average 840,000 bpd, almost all to China Kpler Independent refiners face shrinking margins Displaced Russian Urals crude heading to China SINGAPORELONDON, May 9 Reuters China39;s Iranian oil imports in April came off peak volumes seen in late 2021 and early 2022 as demand from independent […]

Reuters With more U.S. travelers expected to take to the skies and the roads this summer as COVID restrictions ease, unbridled demand will strain capacity in the leisure and travel industry and push prices even higher. Airlines, hotels, rental car companies and booking sites all reported a surge in demand for their services in the […]

SANTIAGO, May 6 Reuters Chile39;s consumer prices rose 1.4 in April boosted by rising costs in food and nonalcoholic beverages, the government39;s statistics agency said on Friday. The figure, which was also driven by rising leisure and education prices, was higher than the 1.0 rise expected in a Reuters poll of economists, but came in […]

WASHINGTON, May 5 Reuters U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, indicating that rising wage pressures will continue contributing to keeping inflation elevated for a while. Nonfarm productivity, which measures hourly output per worker, plunged at a 7.5 annualized rate last […]

Weekly jobless claims increase 19,000 to 200,000 Continuing claims fall 19,000 to 1.384 million Productivity plunges at 7.5 rate in first quarter WASHINGTON, May 5 Reuters New claims for U.S. unemployment benefits increased to a more than twomonth high last week, but remained at a level consistent with tightening labor market conditions and further wage […]

BOGOTA, May 5 Reuters Colombia swapped internal public debt worth 2.6 trillion pesos 641 million in April, the second such operation this year and part of an effort to reduce amortizations and improve the country39;s debt profile, its finance ministry said on Thursday. In the latest operation, the ministry traded TES securities coming due in […]