NEW DELHI, June 14 Reuters India39;s merchandise exports rose 9.1 to 38.13 billion in May from a year earlier, helped by an increase in shipments of engineering goods, commercial vehicles and smartphones, government data showed on Friday. Merchandise imports in the same month rose 7.7 yearonyear to 61.91 billion widening the trade deficit to 23.78 billion. Economists […]

Pakistan39;s taxheavy budget aims for IMF bailout approval Budget could fuel public anger due to high tax targets Finance minister expects IMF agreement in July ISLAMABAD, June 14 Reuters Pakistan39;s plan to raise taxes in its 202425 budget and boost state revenues will help it win approval from the International Monetary Fund for a loan to stave […]

Consumer sentiment index declines 5.1 to 65.6 in June Twelvemonth inflation expectations unchanged at 3.3 Import prices fall 0.4 in May; up 1.1 yearonyear WASHINGTON, June 14 Reuters U.S. import prices fell for the first time in five months in May amid lower prices for energy products, providing another boost to the domestic inflation outlook. […]

HAMBURGLLEIDA, June 14 Reuters Europe39;s pork industry faces a nightmare scenario of lower prices and falling profitability if China restricts imports from the region, industry executives and analysts said on Friday. Chinese firms have asked for an antidumping probe into pork imports from the European Union, statebacked Chinese media reported on Friday, escalating tensions after the bloc […]

June 14 Reuters Consumer prices in France rose 2.6 yearonyear in May, statistics office INSEE said on Friday, slightly revising down its preliminary reading of a 2.7 increase published in late May. EUharmonised yearonyear inflation in the bloc39;s secondbiggest economy accelerated in May in comparison to the April reading of 2.4. This slight acceleration is due […]

JAKARTA, June 14 Reuters Indonesia39;s central bank intervened in the foreign exchange market to defend the rupiah, its governor said on Friday, vowing to use monetary policy to stabilise the currency after it fell to over fouryear lows against the dollar. The rupiah skidded 0.9 to 16,415 per dollar in afternoon trade, the lowest level […]