China June Industrial Output Rises 3.9

BEIJING, July 15 Reuters China39;s industrial output grew 3.9 in June from a year earlier, quickening from a 0.7 rise in May, official data showed on Friday, as activity began to recover from months of crippling COVID lockdowns. The expansion was weaker than a 4.1 increase that analysts had forecast in a Reuters poll. Retail […]
Read More

EU may Ban some Russian Fuel Oil Imports ahead of Deadline

This includes content produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. LONDONBRUSSELSMOSCOW, July 15 Reuters The European Union could ban the import and transit of some fuel oil from Russia around six months ahead of the planned deadline, an EU official and four traders told Reuters. The EU has […]
Read More

INR Hits Life Low for 4th Straight Day on Broad Dollar Rally

MUMBAI, July 14 Reuters The Indian rupee weakened in opening trade on Thursday to hit record lows against the greenback for a fourth straight session after data showed U.S. inflation, already at fourdecade highs, accelerated even further. The dollar resumed its relentless rise, driven by both expectations for faster policy tightening by the Federal Reserve […]
Read More