China’s car sales shrink 2.9% in June as big-ticket spending falters
BEIJING/SHANGHAI (Reuters) – China’s passenger vehicle sales fell in June, data from the China Passenger Car Association (CPCA) showed on…
Business
China IPO applications fall by third in first half of 2023
SHANGHAI (Reuters) – China’s IPO applications slumped by a third in the first half of 2023, as earnings volatility, a…
BOJ highlights broadening wage, price hikes in report on regional Japan
By Leika Kihara TOKYO (Reuters) -Many regional areas of Japan saw small and mid-sized firms aggressively raise wages, reflecting intensifying…
Eurozone investor mood tumbles more than expected in July
BERLIN (Reuters) – Investor morale in the euro zone sank more than expected in July, hitting a low not seen…
Soaring vegetable prices may tip India’s delicate inflation balance -economists
MUMBAI (Reuters) – A steeper-than-expected surge in the prices of vegetables, especially tomatoes, over the past few weeks could push…
China’s deflation pressure builds as consumer prices falter
BEIJING (Reuters) -China’s producer prices fell at their fastest pace in over seven years in June, while consumer prices teetered…
Take Five: Mind the curve
(Reuters) -Trade tensions between Washington and Beijing are riding high while U.S. inflation data will inform the Federal Reserve’s next…
Westpac hires RBA assistant gov Luci Ellis as chief economist
SYDNEY (Reuters) – Australia’s central bank is set to lose a top official to the private sector amid a broader…
China’s state planner holds meeting with private firms, including Baidu
(Corrects to clarify Li Qiang is head of the State Council, not state planner) BEIJING (Reuters) – China’s state planner…
Analysis-U.S. military deals not enough to wean India off Russian arms yet
By Krishn Kaushik and David Brunnstrom NEW DELHI/WASHINGTON (Reuters) – India’s multi-billion-dollar purchases of U.S. arms are less about shifting…