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Economic News
India’s June WPI inflation eases to 12.07%: government
NEW DELHI (Reuters) - India's annual wholesale price inflation eased to 12.07% in June from the previous month's record of 12.94%, despite a…
China ministry says expects retail sales to grow 5%/yr in 2021-25
BEIJING (Reuters) -China's commerce ministry said on Friday it expects retail sales in the 14th five-year plan period, from 2021 to 2025, to…
U.S. states allege Google ‘unlawfully’ preserves Play Store monopoly
By Diane Bartz, Paresh Dave and Karen FreifeldWASHINGTON/OAKLAND, Calif. (Reuters) -Thirty-seven U.S. state and district attorneys…
Asia shares stumble, bonds and dollar find safe-haven demand
By Wayne ColeSYDNEY (Reuters) - Asian share markets stumbled on Wednesday as a bout of risk aversion boosted bonds and the dollar, while…
Growth in China’s June services activity falls to 14-month low: Caixin PMI
BEIJING (Reuters) - Growth in China's services sector slowed sharply in June to a 14-month low, weighed down by a resurgence of COVID-19…
Australia’s central bank calls full employment a key national priority
By Swati PandeySYDNEY (Reuters) - Absorbing spare labour market capacity and achieving full employment are important national…
Facebook oversight board to announce decision on Trump ban on May 5
(Reuters) - Facebook Inc (NASDAQ:FB)'s independent oversight board tweeted on Monday it would announce a decision on May 5 whether to uphold…
Global funds hold equity allocations at over 3-year high: Reuters poll
By Tushar GoenkaBENGALURU (Reuters) - The current run-up in stocks has at least another three months to go, according to fund managers…
FTSE Russell proposes Xiaomi index re-inclusion after court suspends U.S. ban
SHANGHAI (Reuters) - FTSE Russell has proposed that Xiaomi (OTC:XIACF) Corp should be eligible for re-inclusion in FTSE Russell indexes…
U.S. weekly jobless claims rise moderately; labor market regaining footing
By Lucia MutikaniWASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, likely…