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Economic News
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…
Euro zone consumer confidence falls to -17.9 in October
(Reuters) - Euro zone consumer confidence fell by 0.1 points in October from the September number, figures released on Monday showed.The…
UK retail sales slide in September as warm weather hurts clothing demand
By David MillikenLONDON (Reuters) -British retail sales fell more than expected in September as shoppers delayed buying autumn clothing…