Q1 GDP grows 8.3 yy, up 1.9 qq Growth fastest in three quarters C.bank to hike rates at May 19 meeting ING MANILA, May 12 Reuters Newlyelected Philippine President Ferdinand Marcos Jr. will inherit an economy that has strongly bounced back from the COVID19 pandemic when he takes office in June, but soaring food and […]

ZURICH, May 12 Reuters The Swiss government on Thursday reported 6.3 billion Swiss francs 6.33 billion worth of Russian assets frozen under sanctions to punish Moscow39;s invasion of Ukraine, a drop from early April as around 3.4 billion francs in provisionally blocked assets were released. The figure marked a decrease from roughly 7.5 billion Swiss […]

Consumer prices increase 0.3 in April CPI rises 8.3 yearonyear, first growth slowdown since August Core CPI jumps 0.6, climbs 6.2 yearonyear Airline fares post record 18.6 increase WASHINGTON, May 11 Reuters U.S. consumer price growth slowed sharply in April as gasoline eased off record highs, suggesting inflation has probably peaked, though it is likely […]

LONDON, May 12 Reuters Britain39;s economy unexpectedly shrank 0.1 in March after a slump in car sales due to supplychain problems, marking a weak end to the first quarter of a year when the risk of recession is looming. Gross domestic product grew by 0.8 in the first three months of 2022, the Office for […]