COLOMBO, June 1 Reuters Sri Lanka39;s central bank cut its key interest rates by 250 basis points on Thursday amid easing inflationary pressures, signalling that the South Asian nation was emerging from a devastating financial crisis and ready to focus on growth. The Central Bank of Sri Lanka CBSL cut its standing deposit facility rate […]

LONDON, June 1 Reuters British house prices fell by the most since 2009 in the 12 months to May and the country39;s housing market faces further headwinds after a recent jump in borrowing costs, mortgage lender Nationwide said on Thursday. Compared with May last year, the average house price was down 3.4 after a 2.7 […]

China39;s May Caixin PMI unexpectedly rises Japan39;s factory activity perks up on reopening boost Activity shrinks in South Korea, Vietnam and Taiwan China39;s patchy recovery casts shadow over Asia39;s economies TOKYO, June 1 Reuters Factories in Asia39;s largest economies stepped up a gear in May as supply chain problems eased, business surveys showed on Thursday, […]

BEIJING, June 1 Reuters China39;s new home prices fell for the first time in four months in May and home sales slumped, according to a private survey, adding to pressure on a property market which is struggling to stabilize from a sharp slump. New home prices among 100 cities fell 0.01 monthonmonth in May from […]

PREVIOUS TRADING DAY EVENTS 31 May 2023 Announcements    The U.S. House of Representatives passed the bill to suspend the 31.4 trillion debt ceiling on Wednesday to avoid a catastrophic U.S. default. Biden called the bill good news for the American people and the American economy. I urge the Senate to pass it as quickly as […]