SHANGHAIBEIJING, July 18 Reuters Chinese regulators stepped up efforts to encourage lenders to extend loans to qualified real estate projects as the beleaguered property sector faced fresh risks from a widening mortgagepayment boycott on unfinished houses. The China Banking and Insurance Regulatory Commission CBIRC told the official industry newspaper on Sunday that banks should meet […]

China39;s Q2 GDP shrinks from Q1, YY growth slows sharply Widespread COVID lockdowns hammer industrial activity, demand June shows bounce in activity, but global risks darken outlook Fresh COVID flareups, Ukraine War, global rate hikes heap pressure Analysts expect full year GDP growth to lag govt target of 5.5 BEIJING, July 15 Reuters China39;s economic […]

BEIJING, July 15 Reuters China39;s industrial output grew 3.9 in June from a year earlier, quickening from a 0.7 rise in May, official data showed on Friday, as activity began to recover from months of crippling COVID lockdowns. The expansion was weaker than a 4.1 increase that analysts had forecast in a Reuters poll. Retail […]

July 15 Reuters U.S. consumers tempered their inflation expectations in July alongside a sharp drop in gasoline prices over the past month, a development likely to be welcomed by Federal Reserve officials worried that expectations for high inflation could become embedded and complicate their task of reining in price increases. The University of Michigan39;s preliminary […]

JERUSALEM, July 15 Reuters Israel39;s annual consumer price index CPI rose 4.4 in June, the most since November 2008, the Central Bureau of Statistics said on Friday as another rise in interest rates beckons. A Reuters poll of analysts had projected 4.5. CPI rose 0.4 in June from May, led by gains in transport, housing […]

BENGALURU, July 15 Reuters Indian shares posted their first weekly loss in four on fears of aggressive rate hikes by central banks globally, even as gains in auto and consumer goods companies helped stocks close higher on Friday. The NSE Nifty 50 index ended up 0.69 at 16,049.20, while the SP BSE Sensex rose 0.65 to 53,760.78, […]

LONDON, July 15 Reuters Britain39;s weather forecaster issued its firstever red Extreme Heat warning for parts of England on Monday and Tuesday when temperatures are forecast to reach record highs, triggering a national emergency alert level. Much of Europe is baking in a heat wave that has pushed temperatures into the mid40s Celsius in some […]

BEIJING, July 15 Reuters China39;s industrial output grew 3.9 in June from a year earlier, quickening from a 0.7 rise in May, official data showed on Friday, as activity began to recover from months of crippling COVID lockdowns. The expansion was weaker than a 4.1 increase that analysts had forecast in a Reuters poll. Retail […]

RAF FAIRFORD, England, July 15 Reuters Britain on Friday announced a 2.35 billion pound 2.78 billion upgrade, including a new radar and enhanced electronic warfare capability, for the Eurofighter Typhoon combat jet. The radar known as ECRS Mk II will be installed by the end of the decade, initially on the third tranche of Typhoons, […]

SYDNEY, July 14 Reuters Australia39;s unemployment rate dived to a 48year low in June as hiring outstripped all expectations, while record vacancies suggested the labour market was set to tighten yet further and perhaps justify even larger increases in interest rates. Figures from the Australian Bureau of Statistics on Thursday showed net employment had surged […]