JAKARTA – Indonesia’s trade surplus may have narrowed to $3.93 billion last month due to weakening export performance as global trade activity slows, according to economists polled by Reuters. Southeast…
By Ruma Paul and Krishna N. Das DHAKA – Growth in Bangladesh’s garment exports could drop to about 15% this year after an unusually strong expansion of more than 30%…
By Philip Pullella (Reuters) – Pope Francis has appointed a nurse from the Vatican’s health services to be his “personal medical assistant”, the Vatican said on Thursday, in an indication…
WASHINGTON – U.S. Treasury Secretary Janet Yellen said on Thursday a second quarter contraction of U.S. economic output was a sign of an inevitable slowdown but there was still broad…
WASHINGTON – U.S. producer prices increased more than expected in June amid rising costs for energy products, but underlying producer inflation appeared to have peaked. The producer price index for…
MEXICO CITY – Mexican inflation is forecast to have slowed in the first half of May, although still far above central bank targets, a Reuters poll showed Friday, reinforcing expectations…
NEW YORK, NY (PRESS RELEASE) – Queens District Attorney Melinda Katz announced today that Jahsheen Osbourne, 21, has been sentenced to 17 years in prison for the unprovoked shooting of…
LONDON – British employers expect to raise staff pay by 3%, a big increase by normal standards but far below the current rate of inflation, and there are signs of…
‘Signs Of Slowing’: Unemployment Remains Unchanged As Economists Predict Dim Future Thomas Catenacci on May 6, 2022 The U.S. economy added 428,000 jobs in April while the unemployment rate was…
By Uday Sampath Kumar (Reuters) – U.S. consumer goods firms, including P&G and Coca-Cola, are preparing for an impending slowdown in demand as runaway inflation fuels a surge in prices…
NEW YORK – The prospect of tighter financial conditions due to the war in Europe and a more hawkish Federal Reserve, alongside concern over a deceleration in China’s growth, are…
MELBOURNE – Santos Ltd played down on Friday an Alaska road access dispute with ConocoPhillips, saying their feud was not slowing work on the $3 billion Pikka oil project or…
WASHINGTON – The potential for a global economic slowdown is reason for the Fed “to be cautious” as it raises interest rates in coming months, Atlanta Fed president Raphael Bostic…
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…
STOCKHOLM – Sweden’s economy will slow this year with headline inflation expected to run at its highest level since the early 1990s, the government said in a pre-budget forecast on…
BEIJING – China’s fiscal spending rose 7.0% in January-February from a year earlier, the finance ministry said on Friday, quickening from a 0.3% rise in 2021 as policymakers step up…
WASHINGTON – U.S. business inventories increased strongly in January, though the pace slowed from prior months, which could result in inventory investment making no contribution to economic growth in the…
SHANGHAI – Money raised by newly-launched private funds in China plunged 44% in January from a month earlier, latest official data showed, adding to evidence of rapidly-shrinking risk appetite amid…
-Canada’s Shopify Inc on Wednesday forecast a slowing pace of revenue growth in the first half of the year, and said it was ramping up spending on a network of…
MEXICO CITY – Mexican Economy Minister Tatiana Clouthier said on Monday the country’s economy was likely to grow about 2.5% this year after being hit by the Omicron wave of…
BRASILIA -COVID-19 infections and deaths in the Americas are still increasing, but the rise in infections seems to be slowing down in places hit earliest by the Omicron variant, the…