Economy

Economy News

Japan Jan factory output likely fell for 2nd month on hit from Omicron – Reuters poll

By Kantaro Komiya TOKYO (Reuters) – Japan’s industrial output likely fell for a second month in January as the fast spread of the Omicron COVID-19 variant disrupted car production, a.

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Economy News

Global central banks were on the same page. Ukraine may reshape that

By Howard Schneider and Leika Kihara (Reuters) -The well-scripted turn by global central banks towards tighter, post-pandemic monetary policy has been thrown into doubt by Russia’s invasion of Ukraine, a.

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Economy News

Explainer-The new U.S. export rules designed to freeze Russian tech

By Paresh Dave and Jeffrey Dastin (Reuters) – The United States on Thursday restricted exports to Russia of a broad set of U.S.-made products as well as foreign-produced goods built.

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Economy News

Fed should lift rates a full percentage point by mid-year -Waller

By Ann Saphir (Reuters) -Federal Reserve Governor Christopher Waller on Thursday laid out the case for a “concerted” effort to rein in inflation, calling for raising interest rates a full.

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Economy News

Czech central bank vice-gov says Ukraine crisis will have inflationary effect

PRAGUE (Reuters) – The crisis around Ukraine will have an inflationary effect on the Czech economy via higher energy prices, the central bank vice-governor Tomas Nidetzky was quoted as saying.

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Economy News

Bank of Canada March interest rate hike a done deal, say economists: Reuters poll

By Shrutee Sarkar BENGALURU (Reuters) – The Bank of Canada will raise interest rates by 25 basis points on March 2, earlier than previously thought and ahead of the U.S..

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Business Economy News

Hong Kong Jan home prices at 11-month low, hit by COVID

HONG KONG (Reuters) – Hong Kong private home prices dropped for the fourth consecutive month in January to the lowest since February 2021, official data showed on Thursday, as the.

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Economy News

China vows to keep property market stable, meet demand this year

BEIJING (Reuters) -China’s housing minister pledged on Thursday to keep the real estate market stable this year and ensure genuine demand for homes is met, after a series of regulations.

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Economy News

Malaysia’s January CPI up 2.3%, below forecast

Feb 24 (Reuters) – Malaysia’s consumer prices in January rose 2.3% from a year earlier, below forecast,  government data showed on Thursday.​ January’s consumer price index (CPI) was expected to rise 2.5%,.

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Business Economy News

Icahn’s board fight at McDonald’s pivots on pigs in small crates

McDonald’s is facing the most high-profile attack on its animal-welfare policies to date. By Deena Shanker and Leslie Patton Bloomberg With Carl Icahn teaming up with the Humane Society of the.

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