Tag: Economic Indicators

© Reuters. FILE PHOTO: Mexican President Andres Manuel Lopez Obrador delivers a speech at the National Palace in Mexico City, Mexico April 12, 2022. REUTERS/Henry Romero MEXICO CITY (Reuters) – Mexico’s government next week will unveil a plan agreed with business groups to level prices nationwide for staples such as corn, beans, rice and milk…

© Reuters. FILE PHOTO: A truck driver stands next to his truck as he gets ready to transport a shipping container at Pusan Newport Terminal in Busan, South Korea, July 1, 2021. REUTERS/Kim Hong-Ji By Jihoon Lee SEOUL (Reuters) -South Korea’s economic growth nearly halved in the first quarter from the preceding three months on…

© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon By Leika Kihara TOKYO (Reuters) – The Bank of Japan is set to maintain ultra-low interest rates on Thursday and hold off from major…

© Reuters. Indonesian Finance Minister Sri Mulyani Indrawati answers questions during an interview at the World Bank in Washington, U.S., April 22, 2022. REUTERS/Evelyn Hockstein By Andrea Shalal and David Lawder WASHINGTON (Reuters) – As the world’s dominant creditor, China must demonstrate leadership in addressing the growing debt problem facing many low-income and emerging market…

© Reuters. FILE PHOTO: People shop at a Walmart Supercentre in Toronto, Ontario, Canada March 13, 2020. REUTERS/Carlos Osorio/File Photo By Julie Gordon OTTAWA (Reuters) – Canada’s headline inflation may have peaked after hitting a 31-year high in March, economists said, though the central bank still faces an uphill battle to bring rocketing prices back…

BEIJING (AP) — China’s credit card processor has refused to work with banks in Russia for fear of being targeted by sanctions over its war on Ukraine, cutting off a possible alternative after Visa and Mastercard stopped serving them, according to the Russian news outlet RBC.UnionPay’s decision affects Sberbank, Russia’s biggest commercial bank, and smaller…

© Reuters. FILE PHOTO: International Monetary Fund logo is seen outside the headquarters building during the IMF/World Bank spring meeting in Washington, U.S., April 20, 2018. REUTERS/Yuri Gripas By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund’s new chief economist said on Tuesday he is concerned about increasing signals that inflation expectations…

© Reuters. FILE PHOTO: A construction site is pictured in Beijing, China April 14, 2022. Picture taken April 14, 2022. REUTERS/Tingshu Wang By Kevin Yao and Stella Qiu BEIJING (Reuters) -China’s economy slowed in March as consumption, real estate and exports were hit hard, taking the shine off faster-than-expected first-quarter growth numbers and worsening an…

© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon/File Photo/File Photo By Leika Kihara and Takahiko Wada TOKYO (Reuters) -The Bank of Japan (BOJ) is likely to raise its inflation forecast for this…

3/3 © Reuters. FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File Photo 2/3 By Michelle Price and Matt Scuffham WASHINGTON (Reuters) -Some big U.S. banks have again started stockpiling cash to cushion potential loan losses due to growing…