(Reuters) -Sri Lanka’s key inflation rate eased to 66% in October after hitting 69.8% in September, the crisis-struck country’s statistics department said on Monday. The still extremely elevated Colombo Consumer…
By Michael S. Derby NEW YORK (Reuters) -The supply chain pressures that were so instrumental to driving up U.S. inflationary pressures at the onset of the coronavirus pandemic are waning.…
NEW DELHI (Reuters) – India’s annual wholesale price-based inflation (WPI) eased in September to 10.70% year-on-year from 12.41% the previous month, government data showed on Friday. The September WPI was…
By Adriana Barrera MEXICO CITY (Reuters) – Mexico’s move to exempt some foodmakers and retailers from quality checks from national health regulators as part of an anti-inflation plan to keep…
SYDNEY (Reuters) – Heavy rains eased across Australia’s east on Monday, a slight relief for flood-weary residents but authorities warned another intense weather system could hit several inland regions bringing…
By Devik Jain and Amruta Khandekar (Reuters) -European shares rose sharply on Tuesday, in line with global peers, boosted by growing hopes that central banks may ease the pace of…
BUENOS AIRES (Reuters) – Argentina’s deep economic slump drew thousands to the streets on Wednesday, as protesters demanded action to counter sky-high inflation and help the country’s poor, even as…
HONG KONG (Reuters) – Cathay Pacific Airways Ltd on Friday said it plans to add more than 200 pairs of passenger flights in October to both regional and long-haul destinations.…
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate eased to 4.1% in the June-August quarter, improving for the fourth consecutive period as economic activities revived in an easing…
TAIPEI (Reuters) – Taiwan’s export orders likely contracted for a second straight month in August, and at a similar pace from the previous month as global demand cools, a Reuters…
(Reuters) – The U.S. Federal Reserve must lift interest rates to a level that restrains economic activity and keep them there until policymakers are “convinced” that inflation is subsiding, Richmond…
MUMBAI (Reuters) – India reported on Friday that its trade deficit narrowed slightly to $28.7 billion in August from a record high of $30 billion in the previous month. Here…
BEIJING (Reuters) – A strong rebound in China’s services sector eased slightly in August amid fresh COVID-19 flare-ups but business confidence rose to a nine-month high in a rare bit…
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia’s inflation rate eased more than expected in August, official data showed on Thursday, but economists said the rate is set…
(Reuters) – U.S. railroad operator Union Pacific Corp’s Chief Financial Officer Jennifer Hamann said on Tuesday the company’s third-quarter volumes were up 2% so far from a year earlier, on…
OTTAWA – Canada’s annual inflation rate slowed to 7.6% in July, a two-month low but still far above the Bank of Canada’s 2% target, as gasoline prices eased, Statistics Canada…
NEW DELHI -India’s wholesale inflation rose 13.93% in July from a year earlier, helped by a lower increase in food prices, but it stayed in double digits for a 16th…
(Reuters) – Stress on global supply chains improved in July to their lowest level since January 2021 as port congestion and other snags eased, the New York Federal Reserve reported…
PARIS – Euronext wheat prices fell on Wednesday in step with Chicago futures as progress in resuming maritime grain exports from war-torn Ukraine offset support from brisk international demand, traders…
By Sameer Manekar (Reuters) – Bearish bets on the Thai baht extended on risks around recession, the Chinese economy, and inflation, while short bets on most Asian currencies eased slightly…
By Soo-hyang Choi SEOUL – North Korea’s economy shrank in 2021 for a second straight year after suffering its biggest contraction in more than two decades the previous year amid…
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW – Russia’s central bank will allow banks from designated “unfriendly countries” to…
ISTANBUL – Turkey’s BDDK banking watchdog on Thursday eased some of the regulations that restricted FX-rich companies from obtaining Turkish lira loans. A decision published on the BDDK’s website showed…
TOKYO – Japan’s factory activity growth slowed in June as China’s strict COVID-19 curbs took a toll on manufacturing demand, even as service sector sentiment hit a nearly nine-year high…
By Hernan Nessi and Jorge Iorio BUENOS AIRES – Argentina’s monthly inflation clocked in at 5.1% in May, still painfully high but below expectations and slower than the two previous…