UK shoppers boost spending again despite inflation’s squeeze
By William Schomberg LONDON (Reuters) -British retail sales unexpectedly rose in May, boosted by an extra bank holiday to mark…
Economy
Biden, Modi hail new era for US-India ties and tout deals
By Nandita Bose and Patricia Zengerle WASHINGTON (Reuters) -U.S. President Joe Biden and Narendra Modi hailed a new era in…
Hunting for returns, savers dash for euro zone government debt
By Yoruk Bahceli (Reuters) – Savers across the euro zone are dashing for government debt to secure returns on their…
Singapore May core inflation rises 4.7% y/y, matches forecast
SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 4.7% year-on-year in May, official data showed on Friday. The May…
Marketmind: Fragile markets wait on PMIs
A look at the day ahead in European and global markets from Tom Westbrook A red tide swept over Asia-session…
Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources
By Nidhi Verma NEW DELHI (Reuters) – Indian state-run refiner BPCL is in talks with Rosneft to buy about 6…
BOJ tankan Q2 factory mood likely perked up for first time since 2021: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s factory sentiment likely improved in the second quarter for the first time since…
Argentina posts weakest growth since 2020 as drought hits farm sector
By Hernan Nessi BUENOS AIRES (Reuters) -Argentina’s economy grew 1.3% year-on-year in the first quarter of 2023, the slowest rise…
Japan’s inflation stays above BOJ target, key gauge hits 42-year high
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Japan’s core consumer inflation exceeded forecasts in May and an index…
Japan’s factory activity hampered by weak demand – PMI
TOKYO – Japan’s manufacturing activity fell back into contraction in June and service sector growth slowed for the first time…