U.S. service sector picks up in June; inflation gradually slowing – ISM survey
WASHINGTON (Reuters) – The U.S. services sector grew faster than expected in June as new orders picked up, but a measure of prices paid by businesses for inputs fell to more than…
Fed’s Bostic: jobs data another sign economy is gradually slowing
By Lindsay Dunsmuir (Reuters) – The latest U.S. jobs figures are another sign that the economy is gradually slowing and should that continue the Federal Reserve can step down to a quarter…
China’s Chengdu says to gradually return to normal after COVID lockdown
BEIJING (Reuters) – The southwestern Chinese city of Chengdu will resume production and life “in an orderly manner” from Monday following more than two weeks of COVID-19 lockdowns and other strict curbs,…
Thai central bank to hike rates gradually to contain inflation – chief
By Orathai Sriring and Satawasin Sta[censored]charnchai BANGKOK (Reuters) – Thailand’s central bank will raise interest rates gradually to curb inflation and ensure a smooth recovery as the economy is expected to return…
Volkswagen China’s Shanghai plant resumes production gradually
SHANGHAI – Volkswagen Group China’s Shanghai factory has started a gradual resumption to production, it said on Monday. Its factories in the northeastern Chinese city of Changchun, which it runs in a…
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