World Trade

The World Bank doesn’t like how the G20 report wants to lower capital requirements. Sources

NUSA DUA, Indonesia (Reuters) – Four people who know about the situation say that the World Bank is trying to…

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China’s economy slowed down sharply in Q2 and global risks made the future look worse.

Beijing (Reuters) – China’s economic growth slowed down a lot in the second quarter. This shows how much the widespread…

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Macro gamblers try to deal with the unmovable Bank of Japan.

Singapore and New York (Reuters) – Investors who bet that Japan will have to stop its ultra-loose monetary policy are…

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Rapid Retailing Improves Full-Year Prospects as Profit Exceeds Estimates.

(Bloomberg) — The owner of Uniqlo, Fast Retailing Co. (TYO:9983), raised its outlook for the entire year as a result…

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The Philippine central bank hastened interest rate rises, ready for additional action.

MANILA (Reuters) -The Philippine central bank boosted its key interest rates by 75 basis points in a surprise move on…

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The Finance Minister of the Philippines says the economy is strong enough to handle an aggressive rate hike.

Manila (Reuters) – Given that economic activity has been growing since the beginning of the year, the Philippine economy is…

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The UK economy surged in May, driven by busy physicians and truck drivers.

London (Reuters) -Official data shows that the British economy grew unexpectedly in May. This was due to more people going…

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Reuters poll: China’s Q2 GDP growth at 1% on COVID, 4% in 2022.

Reuters: COVID-A Reuters poll indicated that 19 lockdowns likely hindered China’s economic growth in the second quarter, a Reuters poll…

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Shanghai is worried about a small COVID outbreak that has already hurt the economy.

Shanghai (Reuters) – Temperatures and stress levels both went up in Shanghai on Wednesday, when medical workers wore hazmat suits…

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The RBNZ raises interest rates by 50 basis points and sticks to its plan for more rises.

Wellington (Reuters) -New Zealand’s central bank raised interest rates for the sixth time in a row on Wednesday and said…

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