LONDON, June 6 Reuters British retail sales growth slowed to a sevenmonth low in May as soaring food prices prompted shoppers to rein in spending on nonessential items and dashed hopes of a boost from three public holidays, the British Retail Consortium said on Tuesday. The BRC said spending in its members39; stores increased 3.9 […]

BEIJING, June 6 Reuters China will likely further cut banks39; reserve ratio and interest rates in the second half of this year to support the economy, the China Securities Journal reported on Tuesday, citing policy advisors and economists. China39;s economy rebounded faster than expected in the first quarter but lost momentum at the beginning of the second. […]

SYDNEY, June 6 Reuters Australia39;s central bank on Tuesday raised interest rates by a quarterpoint to an 11year high, and warned that further tightening may be required to ensure that inflation returns to target. The hawkish message sent the local dollar surging and bond yields spiking, as markets quickly moved to price in an above […]