TOKYO (Reuters) – Japan’s domestic new car sales fell 11.4% in December from a year earlier, industry data showed on Wednesday, a sign that supply bottlenecks continued to delay deliveries and weigh on the country’s fragile consumption. But the pace of decline slowed from 31.3% in October and 14.3% in November, as automakers gradually emerged …
Japan’s car sales fall but at slower pace as supply constraints ease Read More »
TOKYO (Reuters) – Japan’s consumer confidence fell slightly in December, the government said on Wednesday, as domestic COVID-19 cases started rising towards the end of the month. A Cabinet Office survey showed the sentiment index for general households, which includes views on incomes and jobs, was at 39.1 in December, compared with 39.2 in November. …
Japan’s consumer confidence slightly worsens in Dec – govt Read More »
SYDNEY (Reuters) – Australian job advertisements slipped in December after two months of steep gains as some positions were filled, while a pick up in coronavirus cases may have had some impact on employers. Wednesday’s figures from Australia and New Zealand Banking Group Ltd showed total job ads fell 5.5% in December from November, when …
Australia job advertisements fall 5.5% in Dec – ANZ Read More »
(Reuters) – The Senate Banking Committee will consider the nomination of Federal Reserve Governor Lael Brainard for Fed vice chair of supervision on Jan. 13 at 10 a.m. Eastern (1500 GMT), the panel said on its website on Tuesday. Also to be considered at the hearing will be Sandra Thompson, nominated to be director of …
U.S. Senate panel to consider Brainard Fed nomination Jan. 13 Read More »
By Andrea Shalal and David Ljunggren WASHINGTON (Reuters) -Canada violated a trade accord with the United States and Mexico by reserving most of its preferential dairy tariff-rate quotas for Canadian processors, a dispute panel found, and Washington warned it could retaliate if Ottawa did not change course. The U.S. Trade Representative’s office claimed victory for …
Canada violated USMCA trade pact by reserving dairy quotas – dispute panel Read More »
By Ann Saphir and Jonnelle Marte (Reuters) -Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said he expects the U.S. central bank to need to raise interest rates two times this year to address persistently high inflation, reversing his long-held view that rates will need to stay at zero until at least 2024. The …
Fed’s Kashkari, citing inflation risks, sees 2 rate hikes this year Read More »
(Reuters) – The demand side factors contributing to higher inflation may fade as the fiscal support rolled out to bolster the U.S. economy throughout the pandemic winds down but it is not clear how long it will take to resolve supply side imbalances, Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday. “When is …
Fed’s Kashkari says not clear when supply side inflation factors will normalize Read More »
(Reuters) – After inflation surged to a 19-year high of 36.1% last month, Turkey has pushed through a series of price hikes at the start of the year which are set to add to cost pressures as Ankara pursues an unorthodox interest-rate cutting policy. In December alone, consumer prices jumped 13.58%, official data showed on …
Factbox-Turkey starts 2022 with flurry of price hikes after inflation surge Read More »
MADRID (Reuters) – The number of registered jobless in Spain fell by 76,782 people, or 2.41%, in December from November, leaving 3.1 million people out of work, Labour Ministry data showed on Tuesday. It was the tenth consecutive month of falling jobless figures and the lowest in the month of December since 2007. Spain added …
Spain’s jobless number hits lowest for a December since 2007 Read More »
PARIS (Reuters) -French Finance Minister Bruno Le Maire said on Tuesday that the country’s growth would be significantly higher this year than the government’s current forecast of 6.25%. Le Maire also told RTL radio that even though the surge of the Omicron coronavirus variant was disrupting some sectors there was no risk of it paralysing …
France’s Le Maire sees 2021 growth higher than 6.25% forecast Read More »
