Saudi non-oil activity eases in November but outlook improves -PMI
DUBAI (Reuters) – Growth in non-oil business activity in Saudi Arabia eased in November from the previous month as a decline in export demand and inflationary pressures weighed, but the outlook was…
Asian currency bears retreat as inflation view improves – Reuters poll
By Sameer Manekar (Reuters) – Bearish bets on emerging Asian currencies eased on hopes that monetary tightening will cool red-hot inflation, with short bets on the Thai baht falling sharply after the…
Singapore Airlines swings to profit as passenger traffic improves
(Reuters) -Singapore Airlines (SIA) swung to a first-quarter net profit of S$370 million ($268 million), it said on Thursday, after a fourteenfold increase in passenger traffic year on year thanks to an…
Brazil government improves primary budget deficit forecast for 2022
BRASILIA – Brazil’s government projected a lower primary budget deficit this year, official figures showed on Friday, with a booming tax collection helping to improve the short-term fiscal balance. The Economy Ministry…
Moody’s cuts Mexico’s credit rating by one notch, but improves outlook
MEXICO CITY – Moody’s Investors Service on Friday cut Mexico’s credit rating by one notch as it expects weak investment prospects and increased structural rigidities to constrain activity in Latin America’s second-largest…
German investor morale improves in June though risks remain ahead
BERLIN – German investor sentiment rose slightly in June as financial market experts were less pessimistic about the economy, though it remained in negative territory due to numerous risks. The ZEW economic…
Euro zone investor morale improves but economy still in downturn
BERLIN – Investor morale in the euro zone rose more than expected in June, the first increase after Russia’s invasion of Ukraine, a survey showed on Tuesday, as many companies have not…
Thai economy improves in May on easing COVID curbs – central bank
BANGKOK – Thailand’s economic activity in May showed gradual improvement as concerns about the pandemic receded and restrictions eased, the central bank said on Tuesday. Issues to be monitored, however, include an…
Japan May consumer confidence improves for 2nd month
TOKYO – Japan’s consumer confidence index rose in May for a second straight month, the government said on Tuesday, as households enjoyed the first restriction-free spring holiday season since before the COVID-19…
New Zealand manufacturing improves a touch in March
WELLINGTON – Manufacturing activity in New Zealand in March improved a tad due to strong new orders and positive employment, a survey showed on Thursday. The Bank of New Zealand-Business NZ’s seasonally…
Spain’s jobs market improves as reforms help offset strike, inflation
By Belén Carreño (Reuters) – Spain’s labour market withstood soaring inflation and a crippling truckers’ strike in March to see a drop in unemployment, data showed on Monday, helped in part by…
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