Feb core CPI rises 2.8 yryr, matches forecast Corecore CPI rises 3.2 yryr in February Markets on alert for clues on next BOJ rate hike timing TOKYO, March 22 Reuters Japan39;s core inflation accelerated in February but an index gauging the broader price trend slowed sharply, data showed, highlighting uncertainty on how soon the central […]

SINGAPORE, March 22 Reuters Chinese stocks slumped on Friday and the yuan fell, dragging down markets broadly in Asia and rupturing an equity market rally spurred by a surprise rate cut in Switzerland that had investors wagering on who will ease policy next. Traders were left on high alert in Asia with a yen creeping […]

LONDON, March 21 Reuters Euro zone business activity was within a whisker of returning to growth in March, outperforming expectations, according to a survey which showed inflationary pressures bucked a recent trend and eased this month. However, the recovery was uneven with a strong rebound in services activity offsetting a more severe downturn in manufacturing. […]

Shock hike triggers lira rally Policy rate raised by 4,150 basis points since June Bank says will tighten further if inflation deteriorates ISTANBUL, March 21 Reuters Turkey39;s central bank unexpectedly raised interest rates by 500 basis points to 50 on Thursday, citing a deteriorating inflation outlook and pledged to tighten further if significant and persistent […]

WASHINGTON, March 21 Reuters The U.S. current account deficit narrowed in the fourth quarter to the lowest level in nearly three years amid an increase in secondary income, government data showed on Thursday. The Commerce Department39;s Bureau of Economic Analysis said that the current account deficit, which measures the flow of goods, services and investments […]