BENGALURU, Oct 5 Reuters Growth in India39;s dominant services industry accelerated in September as already robust demand strengthened, according to a survey that also showed businesses were the most optimistic in over nine years. That bodes well for Asia39;s thirdlargest economy, which is expected to be the fastestgrowing major economy this fiscal year, defying a global […]

SEOUL, Oct 5 Reuters South Korea39;s consumer inflation accelerated for a second month in September, above market expectations, official data showed on Thursday, supporting prospects of the central bank maintaining its restrictive policy for some time. The consumer price index CPI stood 3.7 higher in September from a year earlier, after recording a 3.4 rise in […]

Exports down 1.2 vs forecast 0.4 dip Second month in a row of falling exports Analyst dip adds to risk of Q3 recession BERLIN, Oct 5 Reuters German exports fell more than expected on the month in August, federal statistics office data showed on Thursday, as weak global demand hurt the country39;s exports. Exports fell […]

SEOUL, Oct 5 Reuters South Korea39;s central bank governor said there was a high possibility interest rates would stay higher for longer and there was a need to improve the system to better supply liquidity in case of unexpected financial instability. Bank of Korea BOK Governor Rhee Changyong made the remarks at a policy forum […]

MOSCOW, Oct 4 Reuters The Russian state39;s oil and gas revenues rose by around 15 in September, monthonmonth, to 739.9 billion roubles 7.44 billion, finance ministry data showed on Wednesday, thanks to a rise in proceeds from the mineral extraction tax. Revenues from oil and gas sales, crucial for Russia39;s commodityoriented economy, were also up […]

LONDON, Oct 4 Reuters The euro zone economy probably shrank last quarter, according to a survey which showed demand fell in September at the fastest pace in almost three years as indebted consumers reined in spending in the face of rising borrowing costs and higher prices. HCOB39;s final Composite Purchasing Managers39; Index PMI, compiled by […]