SINGAPORE, April 25 Reuters Singapore39;s key consumer price gauge rose in March by its fastest pace in a decade, outpacing economist forecasts, driven by higher inflation for food and services, official data showed on Monday. The core inflation rate the central bank39;s favoured price measure rose to 2.9 in March on a yearonyear basis, the […]

CAIRO, April 21 Reuters Egypt39;s economy will grow 5.3 in the fiscal year ending in June but the pace will ease to 5.2 in 202223 and 5.0 in 202324 as tourism falls and commodity prices and interest rates rise, a Reuters poll showed on Thursday. The planning ministry in November expected growth to reach 5.6 […]

Budget estimated at 2.7 tln yen lawmaker PM Kishida faces pressure over inflation as election nears Government to announce relief measures on Tuesday More spending would add to industrial world39;s biggest debt TOKYO, April 21 Reuters Japan39;s ruling coalition on Thursday agreed a supplementary budget to support lowerincome households and small firms, signalling more spending […]

NEW DELHI, April 21 Reuters India, the world39;s third biggest oil importer and consumer, is looking at boosting oil purchases from Brazil, oil minister Hardeep Singh Puri said on Thursday after a meeting with Brazilian Energy Minister Bento Albuquerque. Currently India imports only a fraction of its oil imports from Brazil. We have expressed to […]

TOKYO, April 22 Reuters When Japan39;s biggest banks helped finance a 34 billion deal last year for medical supply maker Medline, one of the largest leveraged buyouts since the financial crisis, the famously cautious lenders signalled their ambitions in riskier, and more lucrative, lowgrade U.S. debt. Mitsubishi UFJ Financial Group Inc, Mizuho Financial Group Inc and […]

BRUSSELS, April 21 Reuters European Union countries are edging towards a deal on how to share the burden of cutting greenhouse gas emissions within the EU, with states poised to accept national targets proposed by Brussels last year, according to diplomats and a draft document seen by Reuters. The EU39;s effort sharing policy sets national […]

LONDON, April 21 Reuters Britain ramped up trade sanctions on Russia, targeting luxury goods including caviar, silver and diamonds through import bans and higher tariffs, seeking to punish Moscow for its invasion of Ukraine. Latest sanctions will include import bans on silver, wood products and highend goods from Russia including caviar, Britain39;s department for international […]

Rates as of 0500 GMT Market Recap Conflicting signs. On the one hand, investors were encouraged about the US economy yesterday thanks to higherthanexpected US housing starts. As the table above shows, they were expected to fall but instead rose slightly to the highest level since 2006. The US housing market seemed to have shifted […]

BEIJING, April 19 Reuters China39;s accommodation and catering sector contracted in JanuaryMarch from a year earlier for the first time since 2020, pointing to increasingly flagging consumption weakened by COVID curbs on travel and socialdistancing rules. The sector39;s output shrank by an inflationadjusted 0.3 in JanuaryMarch to 386.1 billion yuan 60.6 billion, the National Bureau […]

China Q1 GDP 4.8 yy, risks to outlook rise sharply March activity indicators already show growing stress Retail sales contract 3.5 in March, vs 1.6 in poll March nationwide jobless rate highest since May 2020 Industrial output, investment beat forecasts BEIJING, April 18 Reuters China39;s economy slowed in March as consumption, real estate and exports […]