UK employers plan 4% pay rises in coming year, survey shows
British employers expect to raise wages by 4% over the coming 12 months, a similar rate to three months ago,…
China new bank loans fall more than expected in April
New bank lending in China fell more than expected in April from the previous month while broad credit growth hit…
China says to sell initial batch of long-dated bonds this week
China will start selling an initial batch of long-dated bonds this week, the Ministry of Finance announced Monday, as Beijing…
Japan economy expected to shrink in Q1 due to weak consumption
Japan’s economy likely contracted an annualised 1.5% in the January-March quarter as all key drivers of growth slumped due to…
Fed’s Jefferson favors holding rates steady until clear inflation ebbing
Federal Reserve Vice-Chairman Phillip Jefferson said Monday that until it’s clear price pressures are moderating, he supports holding steady on…
Euro zone banks have halved exposure to Russia, ECB’s Buch says
Euro zone banks have more than halved their exposure to Russia since the invasion of Ukraine, the European Central Bank…
How hard will new Biden tariffs hit China?
U.S. President Joe Biden is set to announce new China tariffs as soon as Tuesday, targeting sectors including electric vehicles,…
India’s retail inflation eases slightly in April, surge in food prices continues
India’s retail inflation rate eased slightly in April, partly due to lower fuel prices, although food prices remained elevated, government…
China’s consumer prices rise for third month, signalling demand recovery
China’s consumer prices rose for a third straight month in April, while producer prices extended declines, signalling an improvement in…
NY Fed survey finds general expectations of higher inflation
Americans last month braced for generally higher inflation pressures over the next few years and accelerating home price increases, according…