Unemployment rate rises to 3.8, first increase in over a year Inactivity rate edges down Jobs growth beats forecasts but falls in April alone Real wages eroded by inflation again Sterling and bond yields slip after data LONDON, June 14 Reuters Britain39;s jobless rate rose for the first time since late 2020 and other measures […]

MUMBAI, June 14 Reuters Sequoia Capital has raised 2.85 billion to fund Indian and Southeast Asian startups, the venture capital firm said on Tuesday, looking beyond current weakness in investment in new companies in the region. The fundraising is Sequoia39;s largest so far for India and Southeast Asia. Money raised included 850 million in Sequoia39;s […]

June 14 Reuters Earnings by Asian companies in March declined for the first time in seven quarters, dented by slowing demand due to lockdowns in China and diminishing margins as input costs rise. According to a Reuters analysis of Asia39;s top 1,500 large and midcap companies by marketcapitalization and those that are covered by at […]

WASHINGTON, June 13 Reuters Eroding inflation data and fastchanging views in financial markets on Monday have opened the door to a largerthanexpected threequarterpercentage point interest rate increase when Federal Reserve officials meet this week. It is a move officials had downplayed as their twoday meeting approached over recent weeks, but which they now may be […]

FRANKFURT, June 13 Reuters The euro zone will avoid a recession this year and growth will accelerate noticeably after bottoming out in the second quarter, a key European Central Bank survey showed on Monday. The 19country currency bloc has been hit by fallout from Russia39;s invasion of Ukraine, which has sapped confidence, investment and households39; […]

BERLIN, June 13 Reuters German trade with China in April was little affected by COVID19 lockdowns and consequent disarray in supply chains, the Federal Statistics Office said on Monday. Germany imported goods worth 16.7 billion euros 17.5 billion from China in April, up 52.8 on a year earlier, said the statistics office. Importation of chemical […]

SEOUL, June 13 Reuters South Korea39;s exports for the first 10 days of June shrank 12.7 from the same period a year before, customs agency data showed on Monday. The country39;s imports grew 17.5, however, bringing the trade balance to a 6 billion deficit for the period. By product, exports of semiconductors grew 0.8 and […]

UK GDP 0.3 mm in April after 0.1 in March GDP 0.2 over 3 months to April vs 0.8 3 months to March Scaling back of COVID19 programmes hit figures But all sectors contract for first time since Jan 2021 Sunak says problems not unique to UK LONDON, June 13 Reuters Britain39;s economy unexpectedly shrank […]

Japan says 39;concerned39; about sharp yen falls Top currency diplomat says 39;all options on table39; Tokyo ready to respond appropriately in accordance to G7 policy Yen fall puts pressure on BOJ ahead of next week39;s meeting Analysts see low chance of intervention, BOJ policy tweak TOKYO, June 10 Reuters Japan39;s government and central bank said […]

LONDON, June 10 Reuters Investors continued to pull out money from European equity funds while adding exposure to U.S. stocks as global markets recovered from the lows hit at the end of May, BofA said on Friday in a research note citing EPFR data for the week to Wednesday. Overall, the asset class saw 12 […]