Business News

(Reuters) -Global shipments of personal computers slumped by nearly a third in the first quarter of 2023, with Apple Inc dropping the most among the market heavyweights as the industry …

By David Lawder and Andrea Shalal WASHINGTON (Reuters) -World Bank Group President David Malpass said on Monday that the lender has revised its 2023 global growth outlook slightly upward to …

CAIRO (Reuters) – Egypt’s annual urban consumer inflation rate in March climbed to 32.7% year-on-year, just shy of an all-time record, from 31.9% in February, data from the country’s statistics …

TAIPEI (Reuters) -Taiwanese chipmaker TSMC said on Monday it is communicating with Washington about its “guidance” for a law designed to boost U.S. semiconductor manufacturing that has sparked concerns about …

(Reuters) – The balancing act between slowing growth and sticky price pressures is top of the agenda ahead of U.S. inflation data and the World Bank and IMF Spring Meetings …

(This April 6 story has been corrected to reflect an IRS clarification that full-time-equivalent hiring figures for FY 2024 are cumulative with FY 2023 figures, not in addition to FY …

By Jamie McGeever ORLANDO, Florida (Reuters) – Hedge funds started the second quarter positioning for a steeper U.S. yield curve by offloading 10-year U.S. Treasuries futures at one of the …

(Reuters) – U.S. money market funds drew inflows for a fourth straight week on worries about an economic slowdown after data pointed to slowing production and a cooling labor market. …

(Reuters) – Global money market funds continued to attract strong inflows in cautious trade in the week ended April 5 as a raft of economic data during the week signalled …

By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japan’s new central bank governor Kazuo Ueda said it was appropriate to maintain the bank’s ultra-loose monetary policy for now as …

By Gabriel Burin (Reuters) – Brazil’s inflation likely stayed high in March on rising gasoline bills, reigniting cost of living problems in the country’s stagnant economy and probably stoking more …

(Reuters) – Mexican automotive production and exports rose in March from the same month a year earlier, data from the national statistics agency (INEGI) showed on Monday. Production increased by …

By Joe Cash and Jorgelina do Rosario BEIJING/WASHINGTON D.C. (Reuters) – Top officials from China will attend the World Bank and International Monetary Fund spring meetings in Washington this week, …

SAO PAULO (Reuters) – Brazil’s government expects monetary policy next year not to be as restrictive as in 2023, an economy ministry official said on Monday, stressing that a new …

By Joey Roulette and Kevin Krolicki (Reuters) -As the fortunes of Richard Branson’s Virgin Orbit were crashing to Earth last month, a little-known investor called Matthew Brown appeared offering a …

(Reuters) – Japan’s new central bank governor Kazuo Ueda assumed office this week, succeeding Haruhiko Kuroda, and delivered his first press conference in the role on Monday, along with his …

By Howard Schneider WASHINGTON (Reuters) – Jeffrey Haley, the CEO of American National Bank and Trust Company, saw the crunch coming at the start of 2023. Rising interest rates and …

A look at the day ahead in U.S. and global markets from Tom Westbrook A surprise drop in unemployment and steady-as-she-goes hiring figures are boosting confidence among believers that the …

By Fergal Smith TORONTO (Reuters) -The Bank of Canada is expected to take in stride surprising recent economic strength and leave interest rates unchanged at its meeting on Wednesday, pinning …

BEIJING/SHANGHAI (Reuters) – Growth in sales of China’s passenger vehicles was flat in March from a year earlier, industry data showed on Monday, as more price cuts by auto brands …

By Leika Kihara TOKYO (Reuters) – New Bank of Japan Governor Kazuo Ueda’s main challenge will be to phase out yield curve control (YCC), which has come under criticism for …

((This April 7 story has been corrected to rectify the weight of the satellites, funding type and the amount in paragraph 7) ) By Eimi Yamamitsu TOKYO (Reuters) – The bankruptcy …

By Stefanno Sulaiman JAKARTA (Reuters) – Indonesia will propose a free trade agreement for some minerals shipped to the United States so that companies in the electric vehicle battery supply …

BANGKOK (Reuters) – Thailand’s economy is expected to grow 3.6% this year, Bank of Thailand (BOT) governor Sethaput Suthiwartnarueput said on Monday, adding that fiscal an monetary policy should prioritize …