Japan household spending falls unexpectedly, clouds BOJ rate path
Japanese household spending fell unexpectedly in May as higher prices continued to squeeze consumers’ purchasing power, data showed on Friday,…
India’s LNG imports at 44-month high in June as gas-based power output jumps amid severe heatwave
India’s liquefied natural gas (LNG) imports touched a near four-year high in June as gas-based power plants operated at notably…
BOJ report to reveal broadening wage rise trend, sources say
The Bank of Japan will highlight how wage hikes are broadening across companies, including at smaller firms, in a report…
Brunei LNG offers cargo for mid-August loading, sources say
Brunei LNG has offered a liquefied natural gas (LNG) cargo for loading in August, said two industry sources on Friday.…
Labour win brings few hopes or fears to London’s financial district
Labour’s landslide election win shows few signs of unsettling London’s financial heartland after the party’s lengthy pro-business overtures, though many…
China faces economic headwinds as it grapples with an aging — and shrinking — population
China’s population is shrinking, and the demographic shift will ultimately hurt its economy, shrink the labor force and put pressure…
Euro zone household savings highest since 2021, but investments fall
Household savings in the euro zone rose to their highest level in about three years while investments continued to fall…
Japan wholesale prices seen rising under cost-push inflation pressure: Reuters poll
Japan’s wholesale prices likely accelerated in June, a Reuters poll showed on Friday, reflecting a mix of a weak yen,…
Britain’s political earthquake: what it means for growth, the pound and public finances
A political earthquake has struck the UK after its election The UK has voted, the exit poll is in, and…
Hong Kong retailers bank on duty-free quota hike to boost sales
An increase in the duty-free quota for Chinese tourists to Hong Kong may go some way to support the city’s…