Japan’s economy unexpectedly shrinks as hot inflation, global slowdown take toll
Japan Q3 GDP down 0.3% q/q, annualised down 1.2% High import costs, global recession risks heap pressure Weak yen magnifies living costs, adds to Tokyo’s...
EXCLUSIVE Bank of Mexico nears end of rate hike cycle, eyes economic toll, board member says
MEXICO CITY, Oct 26 (Reuters) – Bank of Mexico board member Gerardo Esquivel cautioned against increasing the monetary policy rate to “excessively” restrictive levels as...
WTO warns ‘darkened’ trade outlook could deteriorate further
WTO cuts 2023 global trade growth f/cast to 1.0% (prev 3.4%) Trade could contract if Ukraine war worsens, WTO says WTO chief urges countries to...
China’s economy brakes sharply in Q2, global risks darken outlook
China’s Q2 GDP shrinks from Q1, Y/Y growth slows sharply Widespread COVID lockdowns hammer industrial activity, demand June shows bounce in activity, but global risks...
Seething Sri Lanka stops president’s brother flying out of the country
Immigration officer says under pressure to stop some departures Opposition to nominate leader Sajith Premadasa as next president Festive mood in PM’s official residence occupied...
Sri Lanka hikes rates in face of record inflation, despite economic contraction
People walk past the main entrance of the Sri Lanka’s Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte Register now for FREE...
Biden urges G7 to stay together as leaders target Russian gold, oil price
Biden says Russia has failed to split G7 Biden condemns ‘barbarism’ as missiles strike Kyiv Gold ban targets ‘Putin’s war machine’ – British PM Oil...
Economic outlook has ‘darkened’, business and government leaders warn in Davos
DAVOS, Switzerland, May 23 (Reuters) – Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos think-fest on...
China tells EU it will pursue Ukraine peace in its own way
Russia’s invasion of Ukraine dominates virtual summit First EU-China virtual summit since 2020 China’s Xi hopes for ‘independent’ EU BRUSSELS/BEIJING, April 1 (Reuters) – China...
Ukraine says ‘confrontational’ Russia talks moving forward as West plans more sanctions
Biden to announce more sanctions on visit to Europe Air strikes turning Mariupol into ‘ashes’ – council At least 100,000 people want to leave city...