Economy

Economy News

ASML Q1 earnings beat forecasts slightly, bookings seen strong

By Toby Sterling AMSTERDAM (Reuters) -ASML Holding NV, a key supplier to computer chip makers, reported on Wednesday first-quarter sales of 3.5 billion euros ($3.8 billion) and net income of.

Read More
Business Economy News

Just Eat Takeaway weighs GrubHub sale, scales back 2022 growth view

By Toby Sterling AMSTERDAM (Reuters) -Europe’s largest meal delivery company, Just Eat Takeaway.com, scaled back expectations for growth in 2022, as it reported on Wednesday a decline of 1% in.

Read More
Economy News

‘No such thing as good or bad’ in exchange rates, says Japan govt official

TOKYO (Reuters) – A senior Japanese government official said on Wednesday that there was no “good or bad” in exchange rates, in remarks that suggested Tokyo was not ready to.

Read More
Economy News

Taiwan firms in China hub make uneven restart from COVID curbs

TAIPEI (Reuters) -Taiwan firms making chip and electronic components reported a mixed picture on Wednesday on work resumption in the eastern Chinese city of Kunshan after COVID-19 curbs, with some.

Read More
Economy News

New Zealand should spend cautiously, fiscal rules expected – Finance Minister

By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s finance minister said on Tuesday the government should continue to be careful about spending and flagged the introduction of new fiscal rules.

Read More
Economy News

Sri Lanka says IMF to consider request for rapid aid

By Uditha Jayasinghe COLOMBO (Reuters) -The International Monetary Fund will consider providing quick financial assistance to debt-burdened Sri Lanka following representations by India, Sri Lanka’s finance ministry said on Tuesday..

Read More
Business Economy News

China to keep cutting crude steel output in 2022, state planner says

BEIJING (Reuters) – China’s state planner will reduce crude steel output this year after cutting about 30 million tonnes of production in 2021, an official said on Tuesday. The world’s.

Read More
Economy News

Japan must pass extra budget in current parliament session, says ruling bloc partner leader

TOKYO (Reuters) – Japan’s parliament must pass a fresh extra budget before its current session ends in mid-June, the head of a junior ruling coalition partner said on Tuesday, repeating.

Read More
Economy News

Australia rate hike brought nearer by inflation, wages – central bank

By Wayne Cole SYDNEY (Reuters) – Australia’s central bank is nearer to raising interest rates for the first time in more than a decade as inflation accelerates and a tightening.

Read More
Economy News

Mexican lawmakers to vote on president’s contentious electricity overhaul

MEXICO CITY (Reuters) – Mexican lawmakers were set on Sunday to vote on a constitutional overhaul of the electricity sector championed by President Andres Manuel Lopez Obrador, who wants to.

Read More