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MOSCOW, Dec 1 (Reuters) – Russia’s manufacturing sector witnessed a steeper decline in output in November, as supply shortages and reduced new orders continued to weigh heavily on production, a survey showed on Monday. The S&P Global Russia Manufacturing Purchasing Managers’ Index (PMI) rose slightly to 48.3 in November from 48.0 in October. However, the …

Russian manufacturing sector faces sharper output decline in November, PMI shows Read More »

By Lucy Craymer WELLINGTON, Dec 1 (Reuters) – The first job for the Reserve Bank of New Zealand’s new chief as she starts work on Monday is to make the central bank boring again, following a tumultuous period that dented its reputation and damaged the economy. Anna Breman, the former number two at Sweden’s central …

RBNZ’s first female governor takes reins after tumultuous period Read More »

JAKARTA, Dec 1 (Reuters) – The governor of Indonesia’s central bank said on Monday that Bank Indonesia would next year bring the rupiah to trade at 16,500 per U.S. dollar, or even 16,400, adding he is committed to maintaining stability in the currency. Governor Perry Warjiyo gave the rare rupiah guidance at an economic forum …

Bank Indonesia will bring rupiah to trade at 16,500 per dollar next year, governor says Read More »

TOKYO, Nov 30 (Reuters) – Japan’s finance minister said on Sunday that recent erratic swings in the foreign exchange market and rapid yen weakening are “clearly not driven by fundamentals”. “It’s our position to issue warnings against such matters,” Satsuki Katayama said on a Sunday morning talk show on Fuji Television. Katayama also reiterated that …

Japan finance minister says yen’s rapid fall clearly not driven by fundamentals Read More »

SANTIAGO, Nov 28 (Reuters) – Copper output in Chile, the world’s largest producer of the metal, fell 7% year-on-year in October to 458,405 metric tons, statistics agency INE said on Friday. Manufacturing production in the Andean nation was slightly down 0.4% in the month on a yearly basis, the agency also said. (Reporting by Fabian …

Chile’s copper output, manufacturing production fall in October Read More »

Nov 28 (Reuters) – Copper prices on the London Metal Exchange set a new all-time high above $11,200 on Friday, spurred by a weaker dollar, lower output in top producer Chile in October and planned production cuts by Chinese smelters. Benchmark LME three-month copper rose as much as 2.5% to $11,210.50, beating the previous record …

LME copper races to all-time peak above $11,200 a ton Read More »

OTTAWA, Nov 28 (Reuters) – Canada recorded a slightly higher C$16.09 billion ($11.52 billion) budget deficit for the first six months of the 2025/26 fiscal year as government expenditures grew faster than revenues, the finance ministry said on Friday. By comparison, the deficit in the same period a year earlier had been C$13.01 billion, it …

Canada budget deficit over first six months of 2025/26 rises to C$16.09 billion Read More »

BERLIN (Reuters) -Germany’s parliament on Friday passed the budget for 2026 with over 180 billion euros ($208 billion) in new debt, outlining how Berlin will use its financial firepower to revive the anaemic economy. That borrowing level was only surpassed during the pandemic in 2021, with 215 billion euros and is possible thanks to a …

German parliament passes debt-heavy 2026 budget Read More »