Reuters US Economy

HANOI (Reuters) -Vietnam’s inflation remains under control but upward price pressures are building up, the governor of the country’s central bank said on Thursday. “The adjustments in prices for electricity, medical services and housing have been putting pressure on input costs and pushing core inflation up continuously in recent months,” Nguyen Thi Hong told a …

Vietnam inflation under control but pressure building, central bank governor says Read More »

NEW DELHI (Reuters) -India is likely to be among the countries worst hit by U.S. President Donald Trump’s trade offensive, with tariffs on Indian imports set to surge to 50% if a deal is not struck in three weeks. Below are various options for India to deal with the crisis. NEGOTIATE FURTHER India was expected …

India-US tariff standoff: What are New Delhi’s options and risks? Read More »

SHANGHAI/SINGAPORE (Reuters) -Fund manager Yang Tingwu was quick to harvest his gains after a furious July rally in Chinese steel and cement stocks, spurred by Beijing’s campaign against price wars and excess industrial production. Yang, like many other investors, does not believe China’s ambitious plan to pull producers out of a deflationary spiral will succeed. …

Sceptical investors call time on China’s anti-price war rally Read More »

BANGKOK (Reuters) -Thai consumer confidence dropped for a sixth consecutive month in July to its lowest level in 31 months due mainly to concerns over U.S. tariffs, a lagging economy and government instability, a survey showed on Thursday. The consumer index of the University of the Thai Chamber of Commerce fell to 51.7 in July …

Thai consumer confidence hits lowest level in over two years Read More »

(Reuters) -Japanese investors significantly sold foreign stocks in the week to August 2 as major markets retreated on caution over U.S. economic outlook and a new set of trade tariffs. According to data from Japan’s Ministry of Finance released on Thursday, domestic investors withdrew a net 752.1 billion yen ($5.10 billion) out of foreign stocks …

Japanese investors ditch foreign stocks on US economic concerns, tariff tensions Read More »

WELLINGTON (Reuters) -New Zealand’s inflation expectations fell slightly in the third quarter, a Reserve Bank of New Zealand (RBNZ) survey showed on Thursday, with most respondents expecting the central bank to cut the cash rate at the next meeting. Two-year inflation expectations, seen as the timeframe when RBNZ policy action will filter through to prices, …

New Zealand inflation expectations slightly lower in Q3, RBNZ survey shows Read More »

BRASILIA (Reuters) -Brazil posted a trade surplus of $7.1 billion in July, down 6.3% from a year earlier, as imports grew at a faster pace than exports, official data showed on Wednesday. Exports rose 4.8% to $32.3 billion, while imports jumped 8.4% to $25.2 billion, driven by strong demand across a broad range of goods. …

Brazil’s July trade surplus narrows 6.3% as imports outpace exports Read More »

DUBLIN (Reuters) -Ireland collected 1.2 billion euros ($1.4 billion) of corporate tax in July, over three times as much as the same period a year ago in what is usually not a major payment month for the key tax category, finance ministry data showed on Wednesday. Ireland has received record levels of tax each year …

Irish tax take boosted by another jump in corporate receipts Read More »