Sri Lankas Inflation Drops to 2.5 in March

COLOMBO, April 22 Reuters Sri Lanka39;s consumer price inflation dropped to 2.5 in March from 5.1 in February, official data showed on Monday, as the impact of a higher sales tax needed to meet targets set under a 2.9billion IMF programme receded. The National Consumer Price Index NCPI captures broad retail price inflation and is released […]
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Chinas Q1 Fiscal Revenue Falls as Rax Cut Policies Weigh

BEIJING, April 22 Reuters China39;s fiscal revenue in the first quarter fell 2.3 from a year earlier, as some special factors including previous tax cut policies weighed, the finance ministry said on Monday. The world39;s secondbiggest economy grew faster than expected in the first quarter, data showed last week, offering some relief to officials, but March indicators […]
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Rupee Headed Higher on Softer Oil Prices, Possible Inflows

MUMBAI, April 22 Reuters The Indian rupee is likely to open slightly higher on Monday, supported by a drop in oil prices on receding worries over the IranIsrael confrontation and by possible dollar inflows. Nondeliverable forwards indicate the rupee will open at 83.4083.42 to the U.S. dollar, compared with the previous close of 83.47. The […]
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Sterling Gains some Traction after Drop below 1.24

LONDON, April 22 Reuters The pound held steady against the dollar and nudged up against the euro on Monday, after hitting its weakest since November last week. Investors have cut back their bets in either direction on the pound and hold a fairly neutral stance, based on weekly data from the U.S. markets regulator. Sterling […]
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UK Supermarket Asda says 2023 Underlying Profit Up 24

LONDON, April 22 Reuters Asda, Britain39;s third biggest supermarket group, reported a 24 rise in annual earnings on Monday that reflected a 7.1 rise in total sales and also said it had cut its debt. Asda, owned by brothers Zuber and Mohsin Issa and private equity firm TDR Capital, said 2023 adjusted EBITDA after rent, […]
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