Economy

Economy News

Fed prepared for faster interest-rate hikes if inflation persists

Surging inflation has spurred some United States central bankers to revise up their outlook for rate increases this year. By Craig Torres and Steve Matthews Bloomberg Federal Reserve officials concluded at.

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Business Economy News

Japan’s exports grow less than expected as trade deficit soars

World’s third-largest economy runs biggest trade deficit in a single month in eight years. Japan’s exports in January grew less than expected as manufacturers faced pressure from slowing overseas demand.

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Business Economy News

UAE, India to sign trade, investment deal on Friday

DUBAI (Reuters) – The United Arab Emirates and India will sign a trade and investment agreement on Friday during a virtual summit attended by the countries two leaders, Emirati media.

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Economy News

China to work with Asian nations to grow use of local currencies in trade

BEIJING (Reuters) -China will work with Asian countries to beef up use of local currencies in trade and investment, Yi Gang, the governor of the central bank, said on Wednesday,.

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Economy News

Japan finance minister warns of damage from inflation, vows steps as needed

By Leika Kihara TOKYO (Reuters) -Japan must respond to any damage inflicted on the economy by recent rising prices, Finance Minister Shunichi Suzuki said on Wednesday, a sign that the.

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Economy News

Emerging markets “much better” able to weather monetary tightening-Indonesia central bank

JAKARTA (Reuters) – Emerging markets will be able to weather global monetary tightening, including U.S. rate hikes, “much better” this year compared with previous periods of tightening, Indonesia’s central bank.

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Economy News

China-U.S. monetary policy divergence aids yuan stability – ex-regulator

SHANGHAI (Reuters) – Increasingly divergent monetary policies between China and the United States would help rein in an excessive rise in the yuan by reducing foreign money inflows, a former.

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Economy News

Japan consumers’ expected inflation rate rises to record 2.43% in Feb -govt survey

(Corrects day of the week in first paragraph) TOKYO (Reuters) – Japanese consumers’ one-year forward expected inflation rate rose to 2.43% in February, a Consumer Affairs Agency survey showed on.

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Economy News

Indonesian islands bank on Singapore bubble for tourism revival

Batam and Bintan are hoping travel bubble will bring back visitors after collapse of tourism during the pandemic. By Risyiana Muthia Ubud, Bali – Before the pandemic, Carol Pou, a corporate trainer.

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Business Economy News

Japan’s economy rebounds in Q4, growing annualised 5.4 percent

Outlook for sustained recovery clouded by rising raw material costs and spike in Omicron infections. Japan’s economy rebounded in the final three months of 2021 as falling coronavirus cases helped.

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