Asia Likely to Grow 5 Faster Than Developed Economies by YearEnd Morgan Stanley

April 12 Reuters Asia39;s economic growth could outpace developed countries39; by 5 by end2023 driven by China39;s easing of COVID19 curbs, strong domestic demand and interest rates staying in lessrestrictive territory, said Morgan Stanley economists. The recent banking stress in the U.S. and Europe strengthens the case for Asia39;s outperformance, MS Asia economists, led by […]
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Oil Steadies as Market awaits Key U.S. Inflation Data

April 12 Reuters Oil prices steadied Wednesday as the market waited for U.S. inflation data later in the day that will likely influence the Federal Reserve39;s policy on interest rate hikes. Brent crude gained 14 cents, or 0.2, to 85.75 a barrel by 0917 GMT, while U.S. West Texas Intermediate rose 10 cents, or 0.1, […]
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Japan Households Expect Prices to Rise BOJ Survey

Japan households see prices rising more a year from now survey Prices are seen up five years from now More time needed to turn costpush inflation into demandpull Inflation expectations in focus as wage hikes, prices in uptrend TOKYO, April 12 Reuters More Japanese households are expecting prices to rise a year from now, a […]
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