By Jakub Olesiuk (Reuters) – Spanish inflation rose to 2.6% year-on-year in August, boosted by higher fuel prices, preliminary data from the National Statistics Institute (INE) showed on Wednesday. That…
TOKYO (Reuters) – Japan’s jobless rate rose to 2.7% in July from the previous month, government data showed on Tuesday. The seasonally adjusted unemployment rate was higher than economists’ median…
(Reuters) – Brazilian investment manager and broker XP on Monday reported a rise in second-quarter revenue, helped by a rebound in the capital markets that saw its client assets breach…
By Nikunj Ohri and Shivangi Acharya NEW DELHI (Reuters) -India’s industrial output growth rate slipped to a three-month low of 3.7% year-on-year in June, data from the Ministry of Statistics…
Interest Rate Hikes Fail To Pump The Brakes As Inflation Rises Will Kessler on August 10, 2023 Inflation rose in July after steadily declining from a high of 9.1% in…
SHANGHAI (Reuters) – China’s Ant Group made net profit of 13.37 billion yuan ($1.85 billion) in the three months to March 31, up 17.5% from a year earlier, according to…
By Safiyah Riddle (Reuters) – U.S. small business confidence edged up to an eight-month high in July, as concerns about inflation fell to the lowest level in nearly two years,…
(Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesday. EU-harmonised inflation is an index of components that is used across…
TUNIS (Reuters) – Seven more bodies believed to be of migrants who drowned in a shipwreck off Tunisia have washed ashore, local authorities said on Monday, bringing the confirmed death…
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s annual headline inflation was weaker than expected in July, helped by lower food and energy prices, and the commerce ministry…
By Karl Plume (Reuters) – Global commodities trader Cargill Inc reported this week that its fiscal year 2023 revenue increased 7% from a year earlier to $177 billion, the highest…
(Reuters) – Prudential Financial on Tuesday reported a 21.5% rise in second-quarter adjusted profit as the insurer’s U.S. unit benefited from a higher net investment spread and more favorable underwriting.…
WASHINGTON (Reuters) – U.S. construction spending increased solidly in June and the prior month’s data was revised higher, boosted by outlays in both single and multifamily housing projects. The Commerce…
LONDON (Reuters) – Nestle will raise prices at a more moderate rate in the remainder of 2023, its CEO said on Thursday, as the company hit back at criticism that…
(Reuters) – CME Group Inc reported a rise in its second-quarter profit on Wednesday, as traders turned to the exchange operator’s products to hedge against market volatility triggered by recession…
SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 4.2% in June, matching economists’ forecasts, official data showed on Monday. Inflation was lower as prices of food and energy eased,…
BANGKOK (Reuters) – Thailand’s industrial sentiment rose for the first time in three months in June, bolstered by higher domestic demand, but sluggish exports and uncertainty over the formation of…
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s consumer inflation came in slightly above expectations in the second quarter, driving swap rates higher as the market pushed out expectations for…
BEIJING (Reuters) – China’s industrial output grew 4.4% in June from a year earlier, unexpectedly accelerating from 3.5% seen in May, but demand remains lukewarm amid a bumpy post-COVID economic…
LONDON (Reuters) – Asking prices for residential homes in Britain fell in July as rising mortgage costs and increasing buyer affordability constraints prompted sellers to tempered their price expectations, an…
(Reuters) – State Street Corp on Friday beat profit estimates for the second quarter as the bank’s interest income benefited from the U.S. Federal Reserve’s policy tightening and assets under…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said the central bank is not done raising its short-term rate target, in…
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -The Bank of Israel left short-term borrowing rates unchanged on Monday for the first time since early 2022, as expected, but warned…
By Michael S. Derby (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic reiterated on Thursday his belief that the likely path of inflation will save the central bank…
By Patturaja Murugaboopathy (Reuters) – Dealmaking by private equity firms hit its lowest in four years, under pressure from high interest rates, recession fears, and a weak outlook for corporate…