German Exporters See Decline in Trade in 2023 BGA

BERLIN, Sept 6 Reuters Most German exporters see trade declining or even strongly declining in 2023, the Federation of German Wholesale, Foreign Trade and Services BGA said on Wednesday. The reasons for the pessimistic mood among exporters are linked to the weak economic situation in Asia and South America, according to the BGA. Every fourth […]
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Europe Stocks Extend Losses as Slowdown, Rate Jitters Weigh

STOXX 600 down for sixth consecutive session German yields rise with ECB meet in focus Telefonica up as Saudi Arabia39;s STC takes stake Sept 6 Reuters European stocks extended losses for a sixth consecutive session on Wednesday as worries about slowing global growth and higher crude prices spurring inflationary pressures dented sentiment. The panEuropean STOXX […]
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S.Korea should Maintain Current Monetary, Fiscal Policies, IMF

SEOUL, Sept 6 Reuters South Korea should maintain current, restrictive monetary and fiscal policies as it needs to take steps to return to sustainable finances and address inflation, the International Monetary Fund IMF said on Wednesday. The monetary policy rate should stay above neutral for the time being to address inflation, with the interest rate […]
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BOJ Policymaker Rules Out Early End to Negative Rates

Japan39;s deflationary mindset changing BOJ board member Takata BOJ must maintain easy policy, respond nimbly to risks There39;s some distance to exit from negative rate policy TOKYOSHIMONOSEKI, Japan, Sept 6 Reuters Bank of Japan policymaker Hajime Takata on Wednesday ruled out an early exit from negative interest rates, while also saying that he saw signs […]
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