June 11 Reuters U.S. smallbusiness confidence and hiring plans increased in May to their highest levels of the year, but the looming U.S. presidential election also drove uncertainty to nearly a fouryear high, a survey showed on Tuesday. The National Federation of Independent Business NFIB said its Small Business Optimism Index rose eighttenths of a […]

MUMBAI, June 11 Reuters The lobby group for Indian nonbanking lenders on Tuesday asked for a review of a recent proposal from the central bank calling for an increase in the provisions that lenders have to set aside against infrastructure project loans. Last month, the Reserve Bank of India RBI proposed that banks and nonbanking financial companies […]

June 11 Reuters Britain39;s labour market showed more signs of cooling in April as the unemployment rate rose, despite another month of strong wage growth, official data showed on Tuesday. The unemployment rate for the three months to April rose to 4.4 from 4.3 between January and March, the highest reading since the three months […]

BENGALURU, June 11 Reuters The Philippine central bank is sticking with its view that interest rates could be lowered as early as August despite an uptick in inflation last month, saying it was happy with where consumer prices were going. Speaking in the Reuters Global Markets Forum, Bangko Sentral ng Pilipinas Governor BSP Eli Remolona said […]

Poland39;s deficit needs to come down to stop debt from rising Stronger economy argues for fiscal tightening sooner, not later Encouraging that Poland is looking to redesign its fiscal rule BUDAPEST, June 11 Reuters Poland should set a very high bar for more fiscal loosening given rising expenditure needs related to infrastructure, climate risks and […]

TOKYO, June 11 Reuters Japan plans to stick to its goal of achieving a primary budget surplus in the next fiscal year, according to a draft of annual policy guidelines for budget planning. The government will also continue to try to lower the ratio of debt to gross domestic product, the draft said. According to […]