Goldman Sachs cuts China growth forecast as property slowdown bites
SINGAPORE (Reuters) – Goldman Sachs analysts have cut forecasts for China’s economic growth, citing persistently weak confidence and the cloud…
June 2023
Take Five: Keep calm and raise rates
(Reuters) -The Bank of England is facing a stormy gilts market while Turkey’s new governor is expected to ramp up…
Bank of Korea flags upward risks to core inflation
SEOUL (Reuters) – South Korea’s central bank said on Monday that upward risks to core inflation were “a little high”…
Iraq enjoys respite from turmoil but risks remain
By Timour Azhari, Amina Ismail and Ahmed Rasheed BAGHDAD (Reuters) -Helped by buoyant oil prices and a period of political…
ECB Risks Losing Sight Of ‘greedflation’ With Laser-focus On Wages
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a…
ECB risks losing sight of ‘greedflation’ with laser-focus on wages
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a…
Cathay Pacific to hire cabin attendants from mainland China from July
HONG KONG (Reuters) – Cathay Pacific Airways Ltd said on Monday it would in July launch initiatives to improve Mandarin…
Rio Tinto iron ore train derailed at weekend in Western Australia
MELBOURNE (Reuters) -Rio Tinto was working on Monday to recover about 30 wagons of a self-driving iron ore train that…
Asian Stocks Pause Rally, Eyeing China Stimulus, Powell Testimony
By Stella Qiu SYDNEY (Reuters) – Asian shares started cautiously on Monday after their best weekly run in five months,…
Marketmind: Ready for more rate hikes, and one cut
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s…