LONDON, May 3 Reuters Interest rates at major central banks remained static in April as the prospect of higherforlonger U.S. Federal Reserve rates exerted some pressure on policymakers, especially in emerging markets, where Indonesia delivered a surprise hike. All four of the central banks overseeing the 10 most heavily traded currencies that held meetings in April the […]

India dealers charge premium of 1oz vs 5 premium last week Strong gold demand expected for spring festival next week China premiums ease to 1820oz this week Japanese traders note modest gold demand during Golden Week May 3 Reuters Physical gold demand in India remained subdued this week despite a slight correction in prices as […]

SEOUL, May 3 Reuters South Korea39;s antitrust regulator said on Friday food makers and suppliers will be required to notify shoppers if they reduce the size of their products or face fines of up to 10 million won 7,300. The Fair Trade Commission FTC said it has designated the practice of some businesses to cut […]

Nonfarm payrolls estimated to increase 243,000 in April Unemployment rate seen unchanged at 3.8 Hourly earnings forecast rising 0.3; up 4.0 yearonyear WASHINGTON, May 3 Reuters U.S. job growth probably slowed to a stillsolid clip in April, with wages maintaining their steady rise, which would allay fears that the economy was stalling after activity pulled […]

ETFs attractive amid hopes of AI boom Taiwan ETFs growth heavily outpaces broader market Taiwan regulators keep close eye on ETF craze Chip demand shifts, geopolitical risks could rock funds TAIPEI, May 3 Reuters Money is pouring into Taiwan exchangetraded funds as investors scramble for exposure to the artificial intelligence supply chain, raising analyst and […]

SINGAPORE, May 3 Reuters Japan appears to have bought some time and respite for a tumbling yen through its latest bursts of suspected interventions, yet it has also set itself up for a protracted war with a market that views the currency as a compelling sell, analysts say. Traders estimate the Bank of Japan BOJ spent […]

May 3 Reuters Public sector productivity, a major shortcoming in Britain39;s economy, worsened in late 2023 and remained a long way off its prepandemic levels, the Office for National Statistics said on Friday. Productivity in the public sector, dominated by education and healthcare, fell 1.0 between the third and fourth quarters of 2023 and was […]