WASHINGTON (Reuters) – U.S. business inventories were unchanged in July as companies continued to carefully manage stocks in anticipation of weak demand because of higher interest rates. The unc[...]
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September 14, 2023
Japan corporate mood sours on fears of China-led global downturn
(This Sept.12 story has been refiled to correct a typographical error in the headline) By Tetsushi Kajimoto TOKYO (Reuters) – Confidence at big Japanese manufacturers fell the most in eight mont[...]
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Singapore working with neighbours to build strong regional supply chains
By Fanny Potkin and Yantoultra Ngui SINGAPORE (Reuters) -Singapore is working with Malaysia and Indonesia to build a strong regional supply chain base to take advantage of changes in global manufactur[...]
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Data may bias Fed to more rate hikes, ex-St. Louis Fed chief says
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve officials may have to revise higher forecasts of how far they’ll have to raise interest rates given the unexpected strength of the[...]
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Crunch time after string of aggressive central bank rate hikes
LONDON (Reuters) – It is crunch time. Major central banks have confounded economists with a string of interest rate rises that, so far, have moderated inflation without causing global recession.[...]
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ECB raises rates to record high, signals end to hikes
LONDON (Reuters) -The European Central Bank raised its key interest rate to a record peak on Thursday and signalled this will likely be its final move in a more-than year-long fight against stubbornly[...]
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US producer prices accelerate in August on gasoline
WASHINGTON (Reuters) – U.S. producer prices increased by the most in more than a year in August as the cost of gasoline surged, the latest indication that the road to low inflation would be unev[...]
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Brazil’s Casas Bahia raises $126.5 million in share offering
SAO PAULO (Reuters) – Brazilian retailer Casas Bahia raised 622 million reais ($126.53 million) in a share offering, the company said on Thursday. Casas Bahia, formerly known as Via, priced its[...]
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ECB raises rates but signals end of policy tightening
FRANKFURT (Reuters) – The European Central Bank raised interest rates for the 10th meeting in a row on Thursday to counter stubborn inflation but signalled that it is likely done tightening poli[...]
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