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Economic News
Chinese automakers seek retaliatory tariffs on EU cars, state media reports
SHANGHAI/BEIJING/BERLIN (Reuters) -Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in…
India central bank seen holding rates on Friday as economic growth stays robust
By Swati BhatMUMBAI (Reuters) - India's central bank is widely expected to keep interest rates steady and retain its tighter monetary…
Australia holds interest rates, talks down further hikes
By Stella Qiu and Wayne ColeSYDNEY (Reuters) -Australia's central bank held interest rates for a fourth straight meeting on Tuesday and…
US new home sales rise less than expected in January
By Lucia MutikaniWASHINGTON (Reuters) -Sales of new U.S. single-family homes rose less than expected in January amid a sharp decline in…
IMF’s Gopinath urges BOJ to go slow in raising interest rates
By Leika KiharaTOKYO (Reuters) -The Bank of Japan can avoid upending global markets with its policy shift by moving gradually when…
US consumer prices unexpectedly rise in November
WASHINGTON (Reuters) - U.S. consumer prices unexpectedly rose in November while underlying inflation pushed higher, offering more evidence…
India inflation likely rebounded in November on higher food prices – Reuters poll
By Milounee PurohitBENGALURU (Reuters) - India's retail inflation likely picked up in November due to higher food prices after declining…
Indian economy grew faster than expected in July-Sept
By Aftab AhmedNEW DELHI (Reuters) -India's economy grew at a much faster pace than expected in the July-September quarter, helped by…
India’s Sept industrial output lags estimates on slower manufacturing
By Shivangi Acharya and Sarita Chaganti SinghNEW DELHI (Reuters) -India's industrial output rose 5.8% year-on-year in September,…
Euro zone recession fears harden as surveys show grim start to Q4
By Jonathan CableLONDON (Reuters) -The downturn in euro zone business activity accelerated last month as demand in the dominant services…