NEW DELHI, April 25 Reuters India has ruled out any immediate impact from a World Trade Organization WTO panel ruling that the Asian country violated global trading rules by imposing tariffs on some IT products, the country39;s government said in a statement on Tuesday. As per the available Dispute Settlement procedures, India is taking the […]

LONDON, April 25 Reuters British factory orders and output contracted as stocks of finished goods piled higher, according to a survey on Tuesday that underlined the recent weak performance of the manufacturing sector but also pointed to easing inflation pressures ahead. The Confederation of British Industry39;s CBI monthly gauge of industrial orders held at 20 […]

TOKYO, April 25 Reuters Japan raised its official assessment of imports for first time in nine months, the government39;s monthly economic report showed on Tuesday, as the yen39;s doubledigit depreciation from a year earlier puffed up the value of imported goods. While the report maintained the overview of the economy that it was on a […]

South Korea39;s Q1 GDP 0.3 vs Reuters poll 0.2 Private consumption grows while investment slumps Rate hike cycle widely seen over amid cloudy outlook SEOUL, April 25 Reuters South Korea39;s heavily tradereliant economy barely averted a recession posting slim growth in the first quarter, but the outlook remained clouded by weak exports due to a […]

ANKARA, April 25 Reuters Turkish central bank total gross reserves are expected to have fallen more than 5 billion to about 116 billion last week due to rising foreign currency demand as May elections approach, bankers said on Tuesday. According to the calculations of five bankers, based on data from the central bank and the […]

NEW DELHI, April 25 Reuters There are risks to India achieving its real growth forecast of 6.5 for the financial year that started April 1, partly due to a rise in oil prices and troubles in the global financial markets, the government said on Tuesday. Earlier this month, the International Monetary Fund IMF predicted the Indian economy […]

LONDON, April 25 Reuters Around one in five loans backing commercial real estate CRE in Britain, France and Germany that fall due between now and 2025 are likely to face refinancing challenges given higher interest rates, real estate management firm AEW said on Tuesday. AEW estimated the CRE sector, made up of multifamily residential, offices, […]

UK fullyear 202223 budget deficit lower than expected Energy support costs 41 billion pounds in 6 months to March March budget deficit 21.5 bln, a bit more than expected Hunt UK borrowed 39;eyewatering39; sums for COVID, energy shock LONDON, April 25 Reuters Britain39;s government borrowed less than predicted in the financial year that ended in […]