Australia inflation accelerates in April, keeps pressure on RBA
By Stella Qiu SYDNEY (Reuters) – Australian consumer prices rose by more than expected in April on a jump in…
Economy
S.Korea April factory output falls, retail sales drop most in 5 months
SEOUL (Reuters) -South Korea’s factory production and retail sales fell in April, underscoring another tough quarter after the economy narrowly…
US House committee votes to advance debt ceiling bill
WASHINGTON (Reuters) – A bill to suspend the $31.4 trillion U.S. debt ceiling and avert a disastrous default advanced on…
Senior US lawmaker wants change from Turkey before F-16 sale approval
By Patricia Zengerle WASHINGTON (Reuters) – A senior U.S. senator who has long opposed the potential sale of F-16 fighter…
Shares close mixed, Nvidia’s 3% rise offsets debt ceiling jitters
By Herbert Lash and Shreyashi Sanyal (Reuters) -Stocks on Wall Street closed mixed on Tuesday, pressured by worries about U.S….
BOJ may hike rates if sustained wage growth looks likely-government panellist
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan (BOJ) may raise short-term interest rates early…
India’s economy likely gained pace in March quarter
By Manoj Kumar NEW DELHI (Reuters) – India is set to release data on Wednesday that is expected to show…
US CBO: debt ceiling bill to cut $1.5 trillion from deficit over decade
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Congressional Budget Office said on Tuesday its budget deficit projections would be reduced…
Fidelity marks down value of Twitter stake again
(Reuters) – A Fidelity fund has marked down the value of its stake in Twitter for the third time since…
Analysis-Small investors are souring on China’s recovery
By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – The last great hope for China’s faltering post-pandemic rally is fading…