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...
Gold price soars in Egypt as local currency weakens
CAIRO, Dec 27 (Reuters) – The price of gold in Egypt has risen to unprecedented highs as nervous savers seek refuge from a weakening currency...
China calls US ‘destroyer’ of global trading system at WTO
GENEVA, Dec 14 (Reuters) – China accused Washington on Wednesday of using subsidies to prop up national industries and refusing to abide by the rules...
German economy ministry calls for joint EU response to U.S. inflation act
BERLIN, Dec 9 (Reuters) – Germany wants a joint European response to the U.S. Inflation Reduction Act that would involve simplifying rules on state support...
Japan’s inflation hits 40-year high as BOJ sticks to easy policy
Japan CPI +3.6% yr/yr vs forecast +3.5%, highest since 1982 Bulk of price hikes due to cost-push inflation, unsustainable BOJ sees consumer inflation falling below...
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...
Russia’s Sechin says Taiwan will return to China ‘on schedule’
Sechin: China will get Taiwan on time Sechin praises Saudi Arabia Sechin says BP a ‘shadow’ shareholder BP: continuing to pursue an exit BAKU, Oct...
Analysis: Overlapping crises add urgency for IMF, World Bank resources, reforms
WASHINGTON, Oct 20 (Reuters) – Global financial leaders are digging into a long to-do list after International Monetary Fund and World Bank member countries sent...
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...
Exclusive: Banks divert gold supply from India to China, Turkey
MUMBAI, Oct 4 (Reuters) – Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and...