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Economic News
Australia central bank to stick with tapering plans, or maybe not
By Wayne ColeSYDNEY (Reuters) - Analysts are split on whether the Reserve Bank of Australia (RBA) will delay tapering plans at its…
Euro zone Aug economic sentiment eases but selling price expectations at record high
BRUSSELS (Reuters) -Euro zone economic sentiment has eased more than expected in August from a record high in July, hit by a sharp drop in…
U.S. consumer sentiment plummets in early August to decade low
By Evan Sully and Lindsay (NYSE:LNN) Dunsmuir(Reuters) -U.S. consumer sentiment dropped sharply in early August to its lowest level in a…
China central bank to keep monetary policy ‘flexible and appropriate’
BEIJING (Reuters) -China's central bank said on Monday it would keep monetary policy flexible and appropriate to maintain stability as the…
S&P 500, Dow touch fresh peaks as solid jobs data boosts cyclicals
By Shreyashi Sanyal(Reuters) - The Dow and the S&P 500 indexes scaled record highs on Friday as shares in economy-linked sectors…
South Korea’s second-quarter GDP growth hits decade high but risks loom
By Cynthia KimSEOUL (Reuters) - South Korea's economy expanded at the fastest annual pace in a decade in the second quarter, thanks to a…
Factbox-Global big banks plot back-to-office plans as vaccines roll out
(Reuters) -The biggest banks in the world plan to re-open their offices, emboldened by aggressive vaccination drives and falling COVID-19…
BOJ’s price outlook views muddled by commodity rise, weak spending
By Leika KiharaTOKYO (Reuters) - Bank of Japan policymakers saw the price outlook muddled by rising global commodity costs and soft…
Australian central bank’s policy optimism tested by lockdowns
By Wayne ColeSYDNEY (Reuters) -Australia's central bank was counting on the economy to keep surprising with its strength when trimming…
Japan maintains economic assessment in July report
TOKYO (Reuters) - Japan kept the overall assessment of its economy unchanged for a second straight month in July, retaining the view that…