Consumer inflation in Japan’s capital hits near 42-year high, keeps BOJ under pressure
Jan Tokyo core CPI rises 4.3% yr/yr vs f’cast +4.2% Tokyo core-core CPI up 3.0% yr/yr in January Data highlights mounting inflationary pressure Govt fuel...
Japan PM says can’t rule out return of deflation despite price spike
TOKYO, Jan 27 (Reuters) – Japanese Prime Minister Fumio Kishida said on Friday that a return to deflation in the world’s third-largest economy cannot be...
ECB policymakers spar on rate outlook beyond Feb hike
Knot, Kazimir explicitly back 50 bps hike in March Lagarde sees significant, steady pace rate rise Stournaras, Visco call for caution Inflation high but falling...
Putin ally warns NATO of nuclear war if Russia is defeated in Ukraine
Medvedev: nuclear powers don’t lose major wars Medvedev tells NATO to think about the risks Patriarch: desire to destroy Russia would mean end of the...
Gold rises over 1% on tepid U.S. dollar, safe-haven inflows
Dollar slips after weak U.S. data Gold looks overbought – analyst Palladium rose up to 3% earlier in session Jan 19 (Reuters) – Gold prices...
Gold back up above $1,900 level as dollar loses ground
Jan 18 (Reuters) – Gold reversed course to trade higher on Wednesday as the U.S. dollar pulled back from session highs and expectations of a...
China’s 2022 economic growth one of the worst on record, post-pandemic policy faces test
China Q4 GDP growth slows; 2022 growth one of worst on record 2022 GDP grows 3.0%, far below official target Dec factory output, retail sales...
Crypto crime hits record $20 bln in 2022, report says
LONDON, Jan 12 (Reuters) – Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed,...
China consumer inflation accelerates in Dec; PPI falls with soft demand
BEIJING, Jan 12 (Reuters) – China’s annual consumer inflation rate accelerated in December, driven by rising food prices even as domestic demand wavered amid restrained...
Heavy discounts drive record U.S. online holiday spending, report says
Jan 5 (Reuters) – U.S. online spending during the 2022 holiday season rose by a better-than-expected 3.5%, a report by Adobe Analytics showed, as retailers...