TOKYO, May 7 Reuters Japan may have to take action against any disorderly, speculativedriven foreign exchange moves, the government39;s top currency diplomat Masato Kanda said on Tuesday, reinforcing Tokyo39;s readiness to intervene again to support a fragile yen. It is preferable for exchange rates to remain in a stable manner following fundamentals, and if the […]

TOKYO, May 7 Reuters Japanese service sector activity grew at the fastest pace in eight months in April thanks to solid business and consumer spending, a private survey showed on Tuesday, results that should keep the central bank on track to hike rates again this year. The final au Jibun Bank Service purchasing managers39; index […]

May 7 Reuters British consumers kept a tight rein on their spending last month, according to surveys on Tuesday that showed tepid activity even after accounting for the timing of the Easter holidays. Barclays said annual growth in consumer spending on its payment cards slowed to 1.6 in April, its weakest since February 2021, down […]

LONDON, May 7 Reuters British house prices edged 0.1 higher in April to stand 1.1 up on a year earlier, figures from mortgage lender Halifax showed on Tuesday, a slight pickup from March39;s 0.4 annual growth as interest rates remain high. Tuesday39;s data marks a return to monthly growth after prices fell 0.9 in March […]

BERLIN, May 7 Reuters German exports are expected to stagnate this year, following a 1.8 decline last year, the German Chamber of Commerce and Industry DIHK said on Tuesday. Although there are signs of a slight upturn in the global economy, companies are not benefiting from it enough because of political uncertainty and geopolitical risks, […]