Reuters wins Polk Award for coverage of Elon Musk’s business empire
(Reuters) – The staff of Reuters has received a George Polk Award for its coverage of how Elon Musk’s manufacturing operations harmed consumers, workers and laboratory animals. The prestigious Polk Awards, presented…
ECB to hike deposit rate 25 bps in July, ditch negative rates by end-September: Reuters poll
By Swathi Nair BENGALURU – The European Central Bank is expected to raise the deposit rate for the first time in over a decade in July and bring it out of negative…
RBI to raise rates again in June but not clear by how much: Reuters poll
By Devayani Sathyan and Prerana Bhat BENGALURU – The Reserve Bank of India will follow its surprise May rate rise with another hike at its meeting next month, according to a majority…
Colombia Q1 economic growth forecast at 7.5% – Reuters poll
By Nelson Bocanegra BOGOTA – Colombia’s economy could have grown by 7.5% in the first quarter of 2022 versus the year-earlier period, mainly boosted by domestic consumption, though this will begin to…
Thailand’s economy likely grew modestly in Q1, stung by high inflation: Reuters poll
By Arsh Tushar Mogre BENGALURU – Thailand’s economy likely grew modestly in the first quarter, thanks to robust exports and an easing of COVID-19 restrictions and despite low tourist arrivals and high…
Japan April consumer inflation seen exceeding central bank’s 2% goal: Reuters poll
By Leika Kihara TOKYO – Japan’s core consumer inflation in April is expected be slightly higher than the central bank’s 2% target, hitting a seven-year peak as sharp climbs in fuel and…
Malaysia’s economy likely picked up pace in Q1, China slowdown a worry: Reuters poll
By Devayani Sathyan BENGALURU – Malaysia’s economic growth likely gathered pace in the last quarter, driven by stronger demand following a relaxation of COVID-19 measures, but a prolonged slowdown in China could…
Reuters wins Pulitzer for intimate, devastating images of India’s pandemic
(Reuters) – From hospitals, funeral pyres and remote villages to a Himalayan hillside, car parks and temples, Reuters photographers produced coverage of the coronavirus pandemic in India that captured the spread of…
China’s trade seen faltering in April as COVID curbs hit output: Reuters poll
BEIJING – China’s export growth is expected to have slowed to a crawl in April as strict COVID-19 curbs hit production while imports likely extended declines, creating heavy headwinds for the world’s…
Canadian dollar seen rebounding as high oil price feeds trade surplus: Reuters poll
By Fergal Smith TORONTO – The Canadian dollar will claw back its recent decline over the coming year, as elevated oil prices bolster Canada’s trade surplus and the central bank potentially hikes…
Lack of alternatives set to drive dollar dominance: Reuters poll
By Hari Kishan BENGALURU – The dollar will retain most of its recent gains for at least another six months, according to a Reuters poll of FX strategists who for years mostly…
Inflation and war risks to buoy gold in short term: Reuters Poll
By Seher Dareen (Reuters) – Gold prices are expected to hold firm this quarter as investors seek refuge from soaring inflation and risks such as the Ukraine war, before retreating later this…
Czech central bank seen raising main rate to 5.50%, highest since 1999: Reuters poll
PRAGUE – The Czech National Bank is likely to raise its main rate by 50 basis points to 5.50% on May 5, a Reuters poll suggested on Monday, pushing borrowing costs to…
U.S. dollar net long bets rise, bitcoin posts largest net long since CME launch -CFTC, Reuters
By Gertrude Chavez-Dreyfuss NEW YORK – Speculators’ net long positioning on the U.S. dollar rose in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released…
China’s PMI likely to show steeper factory activity decline in April – Reuters poll
BEIJING – The decline in Chinese factory activity likely steepened in April, a Reuters poll showed, as extensive lockdowns halted production and disrupted supply chains, boding ill for the economic outlook in…
S.Korea April export growth to hit 14-mth low; inflation near 11-yr high: Reuters poll
By Jihoon Lee SEOUL – South Korea’s exports are expected to have posted their slowest growth in 14 months in April while consumer inflation is seen hitting a near 11-year high, a…
Leading gauge of Japan consumer inflation to creep to near 2% in April- Reuters poll
TOKYO – A Reuters poll showed core consumer prices in Tokyo likely rose at the fastest pace in seven years in April, to near the Bank of Japan’s 2% target, in a…
Global inflation to stay stubbornly high as wrecked supply chains persist – Reuters poll
BENGALURU – The global streak of high inflation is far from over and aggressive monetary policy tightening will fall short in taming price pressures to mandated levels as broken supply chains are…
Norway’s central bank to hold rates next week, raise in June- Reuters poll
OSLO – Norway’s central bank will keep its benchmark interest rate on hold next week at 0.75% while confirming plans for a hike in June, a Reuters poll showed on Wednesday. Norges…
Mexico’s economy likely grew 1.1% in first quarter – Reuters poll
MEXICO CITY – Mexico’s economy is thought to have expanded between January and March for the first time in three quarters, driven by domestic consumption and a rebound in exports, a Reuters…
Speculators’ net long bets on U.S. dollar trimmed -CFTC, Reuters
By Saqib Iqbal Ahmed NEW YORK – Speculators’ net long bets on the U.S. dollar fell for a third straight week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission…
Asia FX bearish bets firm as cenbanks catch-up to Fed tightening- Reuters poll
By Indranil Sarkar (Reuters) – Bearish bets on most Asian currencies firmed, a Reuters poll found on Thursday, as several regional central banks trail the U.S. Federal Reserve in tightening their monetary…
China likely to lower benchmark lending rates after RRR cut – Reuters poll
SHANGHAI – Benchmark lending rates for China’s commercial banks are likely to be lowered at a monthly fixing on Wednesday, a Reuters survey showed, as Beijing cautiously eases monetary conditions to aid…
Japan consumer inflation seen picking up, still distant from BOJ target: Reuters poll
TOKYO – Japan’s core consumer inflation likely accelerated in March from a year earlier but was still well short of the Bank of Japan’s price goal, a Reuters poll showed, bolstering the…
China’s GDP growth seen slowing to 5.0% in 2022 on COVID hit – Reuters poll
By Kevin Yao BEIJING – China’s economic growth is likely to slow to 5.0% in 2022 amid renewed COVID-19 outbreaks and a weakening global recovery, a Reuters poll showed, raising pressure on…
China seen holding medium-term rate steady Friday, RRR cut seen more likely- Reuters poll
SHANGHAI/BEIJING – China’s central bank is set to step up monetary easing efforts, but a vast majority of market participants in a Reuters poll conducted on Thursday believe the central bank may…
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