WASHINGTONLONDON, June 24 Reuters The U.S. units of major European lenders including Deutsche Bank, Barclays and Credit Suisse sailed through the Federal Reserve39;s annual stress tests on Thursday, showing they hold enough capital to weather an economic shock. For the seven European bank subsidiaries the Fed oversees with more than 100 billion in assets, the […]

TOKYO, June 24 Reuters Close attention is needed to downside risks that price inflation will carry, a Japanese government spokesperson said on Friday. Japan39;s annual core consumer inflation topped the central bank39;s target for a second straight month in May, data showed earlier on Friday. We think it is necessary to pay close attention to […]

LONDON, June 24 Reuters Confidence levels among Britain39;s consumers sank to a new record low this month as households struggled with the accelerating cost of living and faced the prospect of months of strikes, a survey showed on Friday. Market research firm GfK said its consumer morale index, launched 48 years ago, fell to 41 […]

SINGAPORE, June 24 Reuters Singapore39;s industrial output in May beat forecasts and grew 13.8 yearonyear, due to strong demand from 5G markets and data centres amid a global semiconductor chip shortage, official data showed on Friday. Economists had expected a 5.8 yearonyear increase in May, according to a Reuters poll. On a monthonmonth and seasonally […]

SINGAPORETOKYO, June 24 Reuters Global stocks and bonds headed for their first weekly gain in a month on Friday, with growth concerns tempered by hopes that sliding commodity prices can help brake runaway inflation. MSCI39;s broadest index of AsiaPacific shares outside Japan rose 1.4 on Friday, helped by short sellers bailing out of Alibaba  which rose […]

BERLIN, June 23 Reuters German business morale fell more than expected in June but a recession was not yet in sight despite rising energy prices and the threat of gas shortages, a survey showed on Friday. The Ifo institute said its business climax index dropped to 92.3 following a reading of 93.0 in May, when […]