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 …
slowing
-
-
Financial News
Bangladesh garment export growth seen slowing to ‘normal’ 15% this year
by Reutersby ReutersBy 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% …
-
Top HeadlinesUS and World News
Pope Francis, slowing down as he ages, appoints personal medical assistant
by Reutersby ReutersBy 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 …
-
Financial News
Yellen says U.S. economy slowing, but still shows job, spending strength
by Reutersby ReutersWASHINGTON – 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 …
-
Financial News
U.S. producer prices accelerate in June, but underlying inflation slowing
by Reutersby ReutersWASHINGTON – 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 …
-
Financial News
Mexican inflation seen slowing in first half of May- Reuters Poll
by Reutersby ReutersMEXICO 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 …
-
Breaking NewsNew York NewsPolice Blotter
New York Man in Stolen Car Who Shot UPS Driver for Slowing Traffic Gets 17 Years in Prison
by Adam Devineby Adam DevineNEW 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 …
-
Featured NewsTop HeadlinesUS and World News
‘Signs Of Slowing’: Unemployment Remains Unchanged As Economists Predict Dim Future
‘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 …
-
Financial News
U.S. consumer sector braces for slowing demand as inflation bites
by Reutersby ReutersBy 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 …
-
Financial News
Higher rates, slowing China, risks to Latam and Caribbean growth – IMF
by Reutersby ReutersNEW 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 …
-
Financial News
Santos says ConocoPhillips road dispute not slowing Alaska oil project
by Reutersby ReutersMELBOURNE – 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 …
-
Financial News
Fed’s Bostic says slowing global growth a reason for Fed to be “cautious” – CNBC
by Reutersby ReutersWASHINGTON – 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 …
-
Financial News
China’s GDP growth seen slowing to 5.0% in 2022 on COVID hit – Reuters poll
by Reutersby ReutersBy 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 …
-
Financial News
Swedish govt sees economy slowing this year amid high inflation
by Reutersby ReutersSTOCKHOLM – 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 …
-
Financial News
China Jan-Feb fiscal spending quickens in fight to support slowing economy
by Reutersby ReutersBEIJING – 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 …
-
Financial News
Fundraising by Chinese private funds dives, slowing economy takes toll
by Reutersby ReutersSHANGHAI – 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 …
-
US and World News
Omicron infections slowing where variant first hit, says regional agency
by Reutersby ReutersBRASILIA -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 …