LONDON, May 3 Reuters British factory activity edged up in April after slowing to its weakest in just over a year in March following Russia39;s invasion of Ukraine, but manufacturers were wary about the outlook as costs leapt and demand faltered, a survey showed on Tuesday. The SP GlobalCIPS manufacturing Purchasing Managers39; Index PMI rose […]

Halfpercentagepoint hike likely to be first of several Fed expected to begin to shrink 9 trillion balance sheet Policy statement due at 2 p.m. EDT 1800 GMT WASHINGTON, May 4 Reuters The Federal Reserve on Wednesday is expected to raise interest rates by half of a percentage point and announce the start of reductions to […]

Hong Kong Q1 GDP 4 yy vs Q4 GDP of revised 4.7 yy Q1 GDP sadj 2.9 qq HONG KONG, May 3 Reuters Hong Kong39;s economy contracted in the first quarter of this year as the city imposed its most stringent restrictions to curb an outbreak of COVID19 that has battered business, led to an […]

S.Korea39;s April CPI 4.8 yryr vs 4.4 expected April CPI growth hits highest since Oct 2008 S.Korea c.bank seen raising interest rates further Analysts wait to check demandside trend of inflation SEOUL, May 3 Reuters South Korea39;s consumer inflation quickened far more than forecast and hit a more than 13year high in April, boosting expectations […]

NEW DELHI, May 3 Reuters India fell short of domestic coal supply targets to utilities by 7.6 in April, as output from mines owned by companies for selfuse were 33 lower than required and a shortage of trains for delivery further exacerbated a crippling power crisis. India faced its worst power crisis in over six […]

TOKYO, May 2 Reuters Japan39;s consumer confidence index nudged up in April to mark its first increase in six months after the end of COVID19 curbs in late March, but inflation expectations hit a record for the third month in a row. A Cabinet Office survey showed the sentiment index for general households, which includes […]

Bengaluru, May 2 Reuters Factory activity in India picked up last month, bolstered by a solid increase in demand as pandemic restrictions were eased, but rising energy prices pushed input costs to a fivemonth high, a private survey showed. International demand also jumped robustly to a 9month high after contracting in March and domestic demand […]

SYDNEY, May 2 Reuters Australian job advertisements dipped in April from multiyear highs, but still point to continued strong demand for labour that will likely soon drive unemployment to its lowest since the early 1970s. Monday39;s figures from Australia and New Zealand Banking Group Ltd showed total job ads fell 0.5 in April from March. Ads […]

SYDNEY, May 2 Reuters Australian home prices were still rising nationally in April even as more of the heat came out of the Sydney and Melbourne markets, with the smaller cities and regions proving resilient to the risk of higher mortgage rates. Figures from property consultant CoreLogic out on Monday showed prices in the combined […]

NEW DELHI, May 1 Reuters India39;s unemployment rate rose to 7.83 in April from 7.60 in March, data from the Centre for Monitoring Indian Economy CMIE showed on Sunday. The urban unemployment rate rose to 9.22 in April from 8.28 the previous month, while the rural unemployment rate slipped to 7.18 from 7.29, the data […]