(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 …
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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. …
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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 …
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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 …
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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 …
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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 …
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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 …
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Cathay Pacific to increase flight frequencies after Hong Kong eases quarantine restrictions
by ReutersHONG 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. …
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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 …
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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 …
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(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 …
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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 …
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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 …
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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 …
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(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 …
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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 …
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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 …
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(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 …
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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 …
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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 …
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N.Korea’s economy shrinks for two straight years but pace of slowdown eases -S.Korea central bank
by ReutersBy 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 …
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(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 …
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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 …
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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 …
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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 …