Feb 9 Reuters A U.S. solar panel maker is asking federal trade officials to investigate whether to impose tariffs on imports from four Asian countries, arguing that Chinese manufacturers had shifted production to those nations to avoid paying duties. The petition, filed by San Jose, Californiabased Auxin Solar with the Department of Commerce on Tuesday, […]

The US inflation report noted higherthanexpected price rises, triggering a boost to the dollar and a pullback in US major index futures. The price index for January rose 0.6 to an annual rate of 7.5. The report dashed hopes that the monthly price increase was slowing, as analysts expected a slowdown to 0.4 after Decembers […]

US inflation data for January is in the spotlight in the markets today. The annual growth rate is expected to break 40year records, reaching 7.3 compared with 7.0 in December. Higher oil prices in recent weeks will reinforce the general price index. But more important in this case may be the core CPI, where prices […]

Inflation surge ignites 39;linker39; bond trading Bank revenues from trading inflation products on the rise Record inflationsensitive exchange traded product inflows LONDON, Feb 8 Reuters Almost overnight, inflationlinked bonds have become the hot ticket in global financial markets, pitting banks against hedge funds in a battle for market share and scarce trading talent. The 4.4 […]

TOKYO, Feb 9 Reuters Japan will raise its gasoline subsidy for oil distributors to 5 yen a litre for the week starting on Thursday, the country39;s industry ministry said on Wednesday in its website. A government source told Reuters earlier this week that Japan will hike the subsidy to 5 yen for the week, hitting […]

FRANKFURT, Feb 4 Reuters Euro zone companies expect wages to rise by 3 or more this year as workers demand to be compensated for inflation and it becomes more difficult to find staff such as builders and software engineers, the European Central Bank said on Friday. Wage growth is a crucial indicator for the ECB […]

LONDON Reuters Bank of England interestrate setter Jonathan Haskel said reducing stimulus was not the right option for the foreseeable future, despite rising inflation, distancing himself from two colleagues who last week said tighter policy might be needed. In the immediate term, the risk of a preemptive monetary tightening curtailing the recovery continues to outweigh […]

WASHINGTON Reuters U.S. retail sales unexpectedly increased in June as demand for goods remained strong even as spending is shifting back to services, bolstering expectations that economic growth accelerated in the second quarter. Retail sales rebounded 0.6 last month, the Commerce Department said on Friday. Data for May was revised down to show sales falling […]

Reuters Growth in East Asia and the Pacific this year will likely be slower than previously thought, the World Bank said on Thursday, as many countries in the region grapple with spikes in COVID19 cases, new variants and vaccine supply constraints. The East Asia and Pacific region, excluding China, is expected to grow 4 this […]

DUBAI, July 15 Reuters Saudi Arabias annual inflation rate rose to 6.2 in June, the highest this year, from 5.7 in May, official data showed on Thursday. June marked a third consecutive monthly rise reflecting an increase in valueadded tax introduced last year. Noting that consumer prices still reflect an increase of the value added […]