ECB’s Villeroy: Food price inflation to start easing in H2
PARIS (Reuters) – Food price inflation will start easing in the second half of this year, French ECB policymaker Francois…
Business
Chile’s lithium move a further push for automakers to diversify supply chain
By Nick Carey LONDON (Reuters) -Chile’s move to nationalise its lithium industry adds fresh supply chain uncertainty for global carmakers…
Evergrande EV unit set for $3.6 billion gain from liability transfer
(Reuters) -Embattled property developer China Evergrande Group said its listed electric vehicle arm will book a $3.6 billion gain from…
More banks join European instant payments pilot from end 2023
By Huw Jones LONDON (Reuters) – An initiative to offer an instant payments service in Europe from the end of…
ECB will have to raise rates again on May 4, Lane tells Le Monde
PARIS (Reuters) – The European Central Bank will need to raise interest rates again at its forthcoming meeting next week…
Marketmind: Zooming in on AI, rates and chips wars
A look at the day ahead in European and global markets from Vidya Ranganathan. ChatGPT vs Bard. Earnings from U.S….
Japan’s business services inflation hits 8-year high in fiscal 2022
TOKYO (Reuters) – Japan’s business-to-business service inflation hit an eight-year high in the fiscal year that ended March, data showed…
ECB set to step down to 25 bps move on May 4, at least one more expected- Reuters Poll
By Prerana Bhat BENGALURU (Reuters) – The European Central Bank will almost certainly add 25 basis points to its deposit…
Japan raises view on imports, sees rising bankruptcies
TOKYO (Reuters) – Japan raised its official assessment of imports for first time in nine months, the government’s monthly economic…
South Korea economy averts recession but faces tough headwinds
By Choonsik Yoo and Jihoon Lee SEOUL (Reuters) -South Korea’s heavily trade-reliant economy barely averted a recession posting slim growth…