Italy’s race for savers’ cash could threaten bank profits
By Valentina Za and Sara Rossi MILAN (Reuters) -Italy will launch a new bond aimed at retail investors next week,…
Economy
Fed’s Mester says no ‘compelling’ reason to pause rate hikes -FT
(Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester sees no “compelling” reason to wait to implement another interest…
Marketmind: Back to data watching, with US debt bill on track
A look at the day ahead in European and global markets from Sonali Desai With the U.S. debt ceiling bill…
Thai April factory output drops 8% y/y, worse than forecast
BANGKOK (Reuters) – Thailand’s manufacturing production index (MPI) in April contracted by a more-than-expected 8.14% from a year earlier, as…
Foxconn sees AI driving strong server demand, but full year to be flat
TAIPEI (Reuters) – Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server…
China’s factory activity falls faster than expected as recovery stumbles
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s factory activity shrank faster than expected in May on weakening…
Australia’s central bank reaffirms inflation fight, warns of pain ahead
By Stella Qiu SYDNEY (Reuters) -Australia’s central bank will do whatever it takes to bring inflation under control, its governor…
Australia’s central bank shuns PwC after tax plan leaks
By Lewis Jackson SYDNEY (Reuters) -The Reserve Bank of Australia will not sign any new contracts with PricewaterhouseCoopers (PwC) Australia…
BOJ’s Ueda says era of low global interest rates may be over
By Leika Kihara TOKYO (Reuters) – Global central banks may already be facing a new economic environment where inflation and…
Japan April factory output unexpectedly falls on weaker machinery orders
TOKYO (Reuters) -Japan’s factory output unexpectedly fell in April, government data showed on Wednesday, as production machinery orders slowed amid…