Economic

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 …