SYDNEY, Jan 17 Reuters A measure of Australian consumer sentiment rose in January for the second straight month, as a break in a painful cycle of interest rate rises likely provided temporary relief for borrowers. The WestpacMelbourne Institute index of consumer sentiment released on Tuesday rose 5.0 in January, the largest monthly gain since April […]

BEIJING, Jan 17 Reuters China39;s industrial output grew at a modest 1.3 pace last month yearonyear, official data showed on Tuesday, easing from a 2.2 rise in November, as manufacturing activity was hit by the rampant spread of COVID infections that bound workers indoors. The growth rate was stronger than a 0.2 expansion analysts had […]

Average weekly earnings 6.4 yy, stronger than forecasts BoE watching pay growth as it gauges next rate hike move Jobless rate holds at 3.7, close to fivedecade low Employment grows again, up by 27,000 Inactivity rate edges down LONDON, Jan 17 Reuters Pay growth in Britain which is being closely watched by the Bank of […]

MUMBAI, Jan 17 Reuters Indian importers last week took advantage of the rupee39;s recovery against the dollar to hedge their future foreign currency obligations, data showed. Average dollar purchases by importers, beyond the spot date, rose to 1.64 billion last week from 1.14 billion the week before, latest data collated by The Clearing Corporation of […]

BERLIN, Jan 17 Reuters The German economy is expected to contract by 0.3 this year, Germany39; BDI industry association said on Tuesday, warning that the energy crisis would continue to weigh on industry in Europe39;s largest economy. Mild recessionary trends are expected to predominate at the start of the year, but things should start to […]

Luxury giant LVMH hits 400 billion euros in market value Ocado slumps after online venture customers buy less per order THG slides after warning on profit after major revenue miss STOXX 600 off 0.3 Jan 17 Reuters European shares slipped on Tuesday, taking a breather from their sharp rally since the start of this year, […]