BEIJING, Aug 15 Reuters China39;s oil refinery throughput in July rose 17.4 from a year earlier, data showed on Tuesday, as refiners kept output elevated to meet demand for domestic summer travel and to cash in on high regional profit margins by exporting fuel. Total refinery throughput in the world39;s secondlargest oil consumer was 63.13 […]

AprilJune GDP growth at 6.0 annualised, 1.5 qq Exports drive Q2 growth, consumption falls Solid GDP good news for policymakers TOKYO, Aug 15 Reuters Japan39;s economy grew much faster than expected in AprilJune, as brisk auto exports and tourist arrivals helped offset the drag from a slowing postCOVID consumer recovery, although global recession prospects cloud […]

China39;s industrial output, retail sales growth slows July data adds to recent raft of weak indicators, point to sluggish recovery Central bank cuts oneyear MLF rate to bolster growth Property investment extends fall for 17th consecutive month Some analysts warn of downward economic spiral if support not ramped up BEIJING, Aug 15 Reuters A broad […]

LONDON, Aug 15 Reuters British wages excluding bonuses were a record 7.8 higher than a year earlier in the three months to June, official figures from showed on Tuesday, adding to worries for the Bank of England about longterm inflation. The data also showed some fresh signs of cooling in the labour market with the […]

Aug 15 Reuters China suspended publication of its youth jobless data on Tuesday, saying it needed to review the methodology behind the closely watched benchmark, which has hit record highs in one of many warning signs for the world39;s secondlargest economy. The decision announced shortly after the release of weakerthanexpected factory and retail sales data sparked rare […]

Life insurance leads sectoral losses Retailers rally as MS lifts profit outlook FTSE 100 down 1.2, FTSE 250 down 0.7 Aug 15 Reuters London stocks tumbled on Tuesday after record wage growth spurred worries of inflation and further interest rate hikes, while Legal General declined on a lower firsthalf profit. British wages excluding bonuses were […]