MANILA – The Philippine central bank will continue supporting the economy’s recovery despite a planned 25 or 50 basis point rate hike this month, its governor said on Tuesday. Current…
MOSCOW – Russia’s economic contraction will deepen in the third quarter of 2022, while its strong current account surplus, the key driver of the rouble’s recent rebound, will shrink in…
BEIRUT – Lebanon marks the second anniversary on Thursday of the Beirut port explosion that killed 215 people and is widely seen as a symbol of corruption and bad governance…
By Lucy Craymer WELLINGTON – New Zealand is at growing risk of sliding into a recession in the second half of 2022, some economists said on Friday, as consumers and…
By Nicolás Misculin BUENOS AIRES – Argentine President Alberto Fernandez launched his latest effort to tackle an economy in crisis on Thursday, tapping one of the ruling coalition’s most powerful…
China Hints At Missing Economic Growth Target Amid Banking Crisis, Declining Population Micaela Burrow on July 28, 2022 Chinese leaders muted expectations of economic growth in the second half of…
(Reuters) – Spain’s jobless number remained below three million for the second month running, falling to 12.48% in the April to June period of 2022 compared to 13.65% three months…
By Jorgelina do Rosario, Karin Strohecker and Rodrigo Campos LONDON – China needs to rethink its zero-COVID policy to avoid more harm to the economy, as well as come up…
MOSCOW – Real disposable incomes in Russia fell 0.8% in the second quarter of 2022, preliminary data showed on Wednesday, with rising prices and restrictions linked to the conflict in…
By Tarek Amara and Angus McDowall TUNIS – By ramming through his new constitution, President Kais Saied has cemented his role as master of Tunisia, heralding a new political era…
TOKYO – Japan upgraded its overall view on the economy for the first time in three months in July, signalling a broader recovery in economic activity as the drag from…
By David Lawder WASHINGTON – U.S. Treasury officials said on Monday overall income and jobs figures suggested the economy was in good health and not in a recession, even if…
(Reuters) – The European Central Bank will consider the economic situation before deciding whether to press ahead with another big interest rate hike in September, policymaker and fiscal hawk Robert…
By Orathai Sriring and Kitiphong Thaichareon BANGKOK – Thailand’s economy has clearly recovered and the central bank will ensure the recovery is not interrupted by efforts to tackle higher inflation,…
POLL: Biden’s Economic Approval Sinks To New Low Laurel Duggan on July 18, 2022 President Joe Biden’s economic approval hit a new low in a CNBC poll released Monday, and…
HANOI – Vietnam will stick to a monetary policy that is “supportive for economic growth” while closely monitoring the inflation situation, the State Bank of Vietnam, the country’s central bank,…
By Elizabeth Dilts Marshall NEW YORK – Wall Street’s biggest banks sounded cautious on economic headwinds ahead, reducing risk in certain areas as they assess the likelihood and severity of…
(The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Fla. – Central banks are jacking up interest rates to tackle the highest…
By Leika Kihara TOKYO -Bank of Japan (BOJ) Governor Haruhiko Kuroda on Monday warned of “very high uncertainty” over the economic outlook and stressed anew the central bank’s readiness to…
NEW DELHI – India needs to achieve higher economic growth by focusing on exports and expanding production-linked incentives for more sectors to create more jobs, Singapore’s minister Tharman Shanmugaratnam said…
TOKYO – Shinzo Abe, Japan’s longest-serving prime minister, who sought to lift the economy out of chronic deflation with his bold “Abenomics” policies, beef up the military and counter China’s…
SEOUL – North Korean towns along the border with China were flooded this week after heavy rain, threatening to exacerbate an already critical food and economic situation in the country.…
BRASILIA – Brazilian economic activity kicked off the second quarter in a downturn, the central bank index showed on Thursday, losing steam in April after the previous month’s performance, but…
(Reuters) – The U.S Federal Reserve needs to maintain focus on bringing down high inflation even if it runs the risk of causing economic harm, Fed Governor Christopher Waller said…
(Reuters) – The U.S. economy is expected to continue to grow this year even as the Federal Reserve raises interest rates sharply to bring down unacceptably high inflation, St. Louis…