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 […]

March crude steel output 88.3 mln T vs 94.02 mln T year ago Average daily output at 2.85 mln T, up 6 from JanFeb Firstquarter steel output down 10.5 yy BEIJING, April 18 Reuters China39;s crude steel output fell more than 6 in March from the same month a year earlier, data from the statistics […]

ISTANBUL, April 15 Reuters Turkish house sales rose 20.6 in March on the year to 134,170 houses, data from the Turkish Statistical Institute showed on Friday. Sales to foreigners rose 31, the institute said, with Iranian citizens topping the list. Iraqis and Russians were the next biggest buyers of Turkish properties, it added. Wealthy Russians […]

LONDON Reuters Britain will have enough gas supply to meet demand from April to September, and will even ship more gas to Europe due to low storage levels there, National Grid said in its annual summer outlook on Thursday. Total UK gas demand is forecast at 34 billion cubic metres bcm in the six months over […]

TOKYO, April 15 Reuters Japan39;s core consumer inflation likely accelerated in March from a year earlier but was still well short of the Bank of Japan39;s price goal, a Reuters poll showed, bolstering the view that the BOJ will lag way behind other central banks in normalising policy. Separate data is expected to show Japan39;s […]

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 […]

LONDON, April 15 Reuters Moody39;s said Russia may be in default because it tried to service its dollar bonds in roubles, which would be one of the starkest consequences to date of Moscow39;s exclusion from the Western financial system since President Vladimir Putin39;s invasion of Ukraine. If Moscow is declared in default, it would mark […]