Marketmind: US debt drama crashes Japan’s G7 party
A look at the day ahead in European and global markets from Kevin Buckland. U.S. Treasury Secretary Janet Yellen is…
Asia
China’s slow consumer inflation, deepening factory gate deflation to test policy
By Liangping Gao and Kevin Yao BEIJING (Reuters) – China’s consumer prices rose at the slowest pace in more than…
Philippine Q1 growth cools, but on track for 2023 target
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) -Philippine economic growth cooled to its slowest in two years…
Analysis-Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout
By Chen Aizhu SINGAPORE (Reuters) – China has dramatically increased use of the yuan to buy Russian commodities over the…
China, Ecuador sign free trade agreement, says Chinese commerce ministry
BEIJING (Reuters) – China and Ecuador signed a free trade agreement on May 11, China’s commerce ministry said on Thursday….
South Korea think tank cuts 2023 growth forecast due to poor exports
SEOUL (Reuters) – South Korea’s top government research body has cut its economic growth forecast for this year to 1.5%…
South Korea to drop mandatory 7-day quarantine for COVID patients from June
By Hyonhee Shin SEOUL (Reuters) – South Korea on Thursday lowered its crisis level for COVID-19 and will from June…
Cluster of Chinese vessels spotted near Russian rig off Vietnam – ship monitors
By Francesco Guarascio (Reuters) -A Chinese research vessel flanked by coast guard and nearly a dozen boats on Wednesday entered…
China and US debt woes may dominate G7 finance chiefs’ talks
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – China will be the elephant in the room at this week’s…
GM, VW face idled capacity risk in China without faster EV transition -Greenpeace
SHANGHAI/BERLIN (Reuters) – Automakers including Volkswagen and General Motors could have considerable unused production capacity for conventionally powered vehicles in…