BOJ to forgo July rate hike, taper $152 bln per year, says ex-policymaker
The Bank of Japan is likely to trim bond buying by around 24 trillion yen ($152 billion) annuallyin new guidance…
Fed’s Kashkari says ‘reasonable’ to predict December rate cut
Minneapolis Federal Reserve President Neel Kashkari said it’s a “reasonable prediction” that the U.S. central bank will cut interest rates…
The Group of Seven is bruised but much needed
The Group of Seven is the “steering committee of the free world”. Or so said U.S. National Security Advisor Jake…
Greece’s Jan-May primary budget surplus beats target
Greece reported a higher-than-targeted primary budget surplus of 3.15 billion euros ($3.37 billion) for the January-May period on higher tax…
UK industry wants better strategy and EU ties from next government, Make UK says
Britain’s manufacturers want the next government to deliver a formalindustrial strategy and forge closer trade ties with the European Union,…
Japan core machinery orders down in April but seen firming up ahead
Japan’s core machinery orders fell in April for the first time in three months, government data showed on Monday, due…
China’s sluggish May economic data to increase calls for rate cuts
Rates still on hold but likelihood of cuts are rising The People’s Bank of China kept the one-year medium-term lending…
Russian-Uzbek billionaire Usmanov sues UBS in Germany, lawyer says
Russian-Uzbek billionaire Alisher Usmanov has filed a lawsuit against the bank UBS Europe SE in Frankfurt over what his lawyers…
India and US to address barriers to trade and cooperation
India and the United States on Monday committed to action to address barriers to bilateral strategic trade, technology and industrial…
Italy May harmonised CPI confirmed at +0.8% y/y
Italian EU-harmonised consumer prices (HICP) rose 0.2% month-on-month in May and were also up 0.8% from the year earlier, official…