BERLIN (Reuters) -German inflation eased further to 2.2% in April, the federal statistics office said on Wednesday, confirming preliminary data. German consumer prices, harmonised to compare with other European Union countries, had risen by 2.3% year-on-year in March. (Reporting by Ludwig Burger and Rachel More, editing by Thomas Seythal)
By Orathai Sriring and Thanadech Staporncharnchai BANGKOK (Reuters) – Thailand’s monetary policy is accommodative for handling some future risks for the country’s worsening economic outlook as U.S. tariffs intensified global trade tension, central bank officials said on Wednesday. The Bank of Thailand cut its key rate at the last two consecutive meetings, to 1.75%, the …
Thai monetary policy accommodative for handling some risks, central bank says Read More »
BANGKOK (Reuters) -Thailand’s monetary policy is accommodative and that would help handle future risks to some extent, the central bank said in a paper released on Wednesday. There were no signs of deflation, with medium-term inflation expectations anchored within the target range, it said. (Reporting by Chayut Setboonsarng, Thanadech Staporncharnchai, Orathai Sriring, Kitiphong Thaichareon; Editing …
Thailand central bank says policy accommodative, no signs of deflation Read More »
By Leika Kihara TOKYO (Reuters) -Japan’s wholesale inflation hit 4.0% in April as companies continued to pass on rising raw material and labour costs, data showed, underscoring price pressure that will likely keep the central bank on course to raise interest rates further. There was little impact seen from U.S. President Donald’s sweeping tariffs announced …
Japan’s wholesale inflation hits 4%, keeps BOJ under pressure Read More »
LIMA (Reuters) -Peruvian Prime Minister Gustavo Adrianzen resigned on Tuesday, a day before he was set to face a censure vote in Congress related to rising crime and the recent killing of a group of miners. Adrianzen’s exit is the latest test for Peru’s massively unpopular President Dina Boluarte, who must now replace her entire …
Peruvian prime minister resigns ahead of censure vote in Congress Read More »
By Rahul Trivedi BENGALURU (Reuters) – Malaysia’s economy likely grew at its slowest pace in a year in the first quarter, losing momentum due to weakened household consumption and exports, according to a Reuters poll of economists. Advance estimates showed that key sectors, including services and manufacturing, expanded more slowly than in the previous quarter …
By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Risk assets extend gains Stocks, oil and bond yields rose on Tuesday, lifted by the optimism surging through markets that the worst of the global trade crisis is past and that the growth …
Trading Day: No ‘trade truce’ hangover, party continues Read More »
By Luciana Magalhaes SAO PAULO (Reuters) – Global Eggs, a group controlled by Brazilian entrepreneur Ricardo Faria, has completed its $1.1 billion acquisition of U.S. egg producer Hillandale Farms, just weeks after closing a new deal in Europe, Faria told Reuters on Tuesday. Last month, Global Eggs signed an agreement to acquire Spanish company Granja …
Global Eggs completes acquisition in US, closes new deal in Europe Read More »
By Jan Strupczewski BRUSSELS (Reuters) -The Russian economy is in an increasingly precarious state as a result of a shift to a war mode and of Western sanctions over Moscow’s invasion of Ukraine, a report by the Stockholm Institute of Transition Economics (SITE) said on Tuesday. The report, prepared for talks of European Union finance …
Russian economy in worse shape than Moscow says, report for EU shows Read More »
PARIS (Reuters) -France’s economy will grow only “slightly” in the second quarter although the outlook is clouded by a string of public holidays in May and by international trade tensions, the central bank said on Tuesday. Business activity will be buoyed by a moderate pickup in the services and industrial sectors while the construction and …
French economy to grow only ‘slightly’ in second quarter: central bank Read More »
