By Gabriel Burin (Reuters) – Brazil’s inflation is estimated to have edged down in May as a persistent rise in food and beverage prices took a break, a Reuters poll found. Food inflation has begun to cool due to a large supply of foodstuffs from a good crop and rising cattle farming, coupled with the …
Brazil inflation estimated to have edged down in May: Reuters poll Read More »
By Ariba Shahid and Saeed Shah ISLAMABAD (Reuters) -Pakistan’s economy likely grew 2.7% in the fiscal year ending June 2025 after expanding 2.5% in the previous year, the government’s annual snapshot of economic performance showed on Monday, a day before the federal budget is unveiled. The government initially targeted 3.6% growth in gross domestic product …
Pakistan’s economy to grow 2.7% in fiscal 2025, survey shows Read More »
RIYADH (Reuters) -Saudi Arabia’s economy grew by more than expected in the first quarter of 2025, according to government data estimates, with lower oil prices impacting the economy less than previously forecast. First-quarter GDP grew by 3.4% compared to the same quarter of the previous year, beating flash estimates of 2.7% released in May by …
Saudi Arabia’s first-quarter GDP grows by 3.4%, beating flash estimates Read More »
By Steven Scheer JERUSALEM (Reuters) -All five members of the Bank of Israel’s Monetary Policy Committee voted to keep the benchmark interest rate unchanged at 4.5% on May 26, according to minutes of the meeting issued by the central bank on Monday, citing worries over inflation. Due to Israel’s war against Hamas militants in Gaza, …
Bank of Israel MPC voted 5-0 to hold rates over inflation concerns Read More »
By Rodrigo Campos and Carolina Mandl NEW YORK (Reuters) -Latin America has emerged as a top investing destination as ongoing wars – both of the military and trade variety – make investors seek options in a region they view as refreshingly untroubled by tariffs and major conflicts. Portfolio flows data suggests that investors are largely …
Analysis-Investors eye Latin America as they diversify away from Wall Street Read More »
By Takaya Yamaguchi TOKYO (Reuters) -Japan is considering buying back some super-long government bonds issued in the past at low interest rates, two sources with direct knowledge of the plan said on Monday, underscoring its focus on reining in any abrupt rises in bond yields. The move would come on top of an expected government …
Japan to consider buying back some super-long government bonds, sources say Read More »
(Reuters) -Uncertainty from Washington’s tariff tactics remains rife, but investors realise that whatever U.S. President Donald Trump threatens doesn’t tend to last long before he delays or backs down, meaning recent volatility has ebbed. This tendency to U-turn, dubbed the TACO trade – “Trump Always Chickens Out” – has caught on but it’s also given …
BEIJING (Reuters) -China’s iron ore imports in May missed expectations, dropping 4.9% from April, as mills exercised caution in buying seaborne cargoes in anticipation of seasonally slower steel consumption. The world’s largest iron ore consumer brought in 98.13 million metric tons of the key steelmaking ingredient last month, data from the General Administration of Customs …
China May iron ore imports fall on expectations of seasonally slow demand Read More »
(Reuters) -Hong Kong will maintain its currency peg to the U.S. dollar, the financial hub’s leader said in an interview published on Monday, despite escalating geopolitical tensions and some calls to shift to a Chinese yuan peg. The Hong Kong dollar has experienced sharp volatility over the past two months, strengthening to hit the strong …
Hong Kong’s leader says to maintain US dollar peg, despite geopolitical tensions Read More »
BEIJING (Reuters) -China’s producer deflation deepened to its worst level in almost two years in May while consumer prices extended declines, as the economy grappled with trade tensions and a prolonged housing downturn. Uncertainties from a tariff war with the United States and weak consumption at home have rattled sentiment and fuelled expectations of more …
China’s factory-gate deflation worst in 22 months as economic headwinds mount Read More »
