ZURICH, July 4 Reuters Swiss consumer price inflation touched a 29year high of 3.4 in June, more than economists had expected and the first time inflation in Switzerland has topped 3 since 2008. The reading the fifth month in a row that inflation has risen above the Swiss National Bank39;s 02 target range fuelled talk […]

TOKYO, July 1 Reuters Japan39;s factory activity growth slowed in June as supply disruptions in part due to China39;s strict COVID19 curbs hurt manufacturers, keeping the economy underpowered and with few catalysts in the short run to spur a robust recovery. Businesses said that rising costs and persistent material shortages led to a slower improvement […]

SYDNEY, July 1 Reuters Australian home prices slipped for a second month in June as once redhot markets in Sydney and Melbourne felt the chill from rising interest rates and a costofliving crunch. Figures from property consultant CoreLogic out on Friday showed prices nationally fell 0.6 in June from May, when they dipped 0.1. Prices […]

July 1 Reuters U.S. mortgage lenders, refinancing companies and realestate brokers may lay off thousands of employees in the coming months, industry sources said, as many Americans put off buying a home. Low interest rates, stimulus payments and working from home during the coronavirus pandemic had prompted many millennials to hunt for new homes, fuelling […]

NEW DELHI, June 30 Reuters India39;s federal fiscal deficit between April and May touched 2.04 trillion rupees 25.84 billion, or 12.3 of the yeartoMarch budgeted target, government data showed on Thursday. In first two months of the current fiscal year, net tax receipts were 3.08 trillion rupees while total expenditure was 5.86 trillion rupees, the data […]

LONDON, June 30 Reuters Credit rating agency Fitch downgraded its view on sovereign debt on Thursday on concerns about the rise in global borrowing costs and the potential for a flurry of new defaults. Fitch, which monitors over 100 countries, said the UkraineRussia war was stoking problems such as higher inflation, trade disruptions and weaker […]

Big manufacturers39; sentiment index at 9 vs f39;cast 13 Big nonmanufacturers39; index at 13 vs f39;cast 14 Capex plans for big firms seen rising 18.6 yryr in fiscal 2022 Tokyo core consumer prices rises at fastest pace in 7 years Tankan among data to be scrutinised at BOJ39;s July 2021 meeting TOKYO, July 1 Reuters […]

First German company to raise alarm over scarce gas, prices Gas stocks lowest since early 2017 Fortum says will help but crisis requires big efforts Works council wants German government to step in FRANKFURTDUESSELDORFBERLIN, June 30 Reuters Germanys Uniper is in talks about a possible government bailout as the financial fallout from dwindling supplies of Russian […]

LONDON, June 29 Reuters Britain39;s economy is struggling under the strain of two major risks in the form of doubledigit inflation and a possible recession, leaving the Bank of England in a dilemma about how much further it should raise interest rates. The BoE has raised borrowing costs five times since December and its next […]

LONDON, June 29 Reuters Issuers of bonds that raise cash for green projects should voluntarily apply industry standards to avoid hoodwinking investors, Britain39;s Financial Conduct Authority FCA said on Wednesday. Bonds whose proceeds are used to finance sustainable activity passed the 1 trillion mark globally last year for the first time, the FCA said in […]