LONDON, June 10 Reuters The British public39;s expectations for the rate of inflation in a year39;s time have risen to their highest in records going back to 1999, a quarterly survey by the Bank of England showed on Friday. The public39;s median inflation expectation for 12 months39; time rose to 4.6 in May, up from […]

ISTANBUL, June 10 Reuters Turkey39;s unemployment rate rose to 11.3 in April, while a seasonally adjusted measure of labour underutilisation fell 10 percentage points to 21.7, data showed on Friday. The labour underutilisation measure was on a falling trend for much of last year after peaking at 29.6 in January 2021 under the impact of […]

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 […]

LONDON, June 10 Reuters British employers added staff in May at the slowest pace since early 2021, according to a survey that adds to signs that the labour market is losing some of its heat. A measure of permanent staff hiring by accountants KPMG and the Recruitment and Employment Confederation REC fell for a sixth […]

May crude oil imports around 10.79 mln bpd, up 11.8 on yr JanMay crude oil imports down 1.7 yryr May refined oil product exports down 40 yryr JanMay natural gas imports down 9.3 yryr June 9 Reuters China39;s crude oil imports rose nearly 12 in May from a low base in a year earlier, although […]

Yen weakens to 20yr low to dollar, 7yr trough vs euro Divergence of monetary policy spur yen weakening Kuroda retracts remark on households39; acceptance of price hikes TOKYO, June 8 Reuters Japanese policymakers held fast to their usual line on yen weakness on Wednesday, stating that rapid moves were undesirable, butconfounded expectations they may escalate […]

SEOUL, June 9 Reuters Thousands of South Korean truckers went on strike for a third day on Thursday to protest the sharp surge in fuel costs, disrupting production, slowing activity at ports and posing new risks to a strained global supply chain. Presenting new President Yoon Sukyeol with one of his first big economic challenges, […]

BUENOS AIRES, June 8 Reuters The International Monetary Fund IMF said Wednesday it had reached a stafflevel agreement on an updated macroeconomic framework with Argentine authorities, allowing the country access to about 4.03 billion. The IMF said in a statement that the country had met all quantitative targets in the first quarter and that annual […]

NEW DELHI, June 9 Reuters Coal India, the world39;s largest coal miner, issued a tender to import 2.42 million tonnes of coal by endSeptember to boost fuel availability amid fears of a shortage, the company said in a statement. The staterun miner, which has little experience in importing coal, was asked to place orders for […]

China May exports grow at doubledigit pace, blows past forecast China May imports also beat f39;cast, first expansion in 3 months Data adds to signs of China39;s economic recovery from COVID outbreaks Trade outlook still faces risks from high raw material costs, Ukraine war BEIJING, June 9 Reuters China39;s exports grew at a doubledigit pace […]