FILE PHOTO: An employee works at a beer production line at Japanese brewer Kirin Holdings’ factory in Toride, Ibaraki Prefecture, Japan July 14, 2017. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – Japanese manufacturing activity expanded at the fastest p... More »
China issued guidelines on Monday aimed at boosting private investment in manufacturing, including stepping up fiscal support and "innovative financing" for private firms to gear towards greener development and move up the value chain. More »
FILE PHOTO: A worker looks on as a drill breaks the pavement on a construction site next to Barangaroo building complex in Sydney’s central business district (CBD) Australia, November 9, 2017. REUTERS/Daniel Munoz SYDNEY (Reuters) – Australia’s economy is expe... More »
FILE PHOTO: Japan’s Prime Minister Shinzo Abe delivers his policy speech at the lower house of parliament in Tokyo, Japan, November 17, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe said on Monday that the government and the... More »
Britain’s Finance Secretary Philip Hammond leaves 11 Downing Street, London, Britain, November 15, 2017. REUTERS/Toby Melville LONDON (Reuters) – British finance minister Philip Hammond’s budget statement this week will include measures to encourage the develo... More »
Japanese wages will rise by 2.0 percent to 2.5 percent at next spring's annual negotiations, falling short of Prime Minister Shinzo Abe's goal of 3 percent, economists polled by Reuters predicted. More »
China's October property sales and new construction starts fell in October as the property market cooled from a two-year boom in the face of a tighter liquidity environment and a crackdown on riskier lending. More »
China's economy cooled further last month, with industrial output, fixed asset investment and retail sales missing expectations as the government extended a crackdown on debt risks and factory pollution. More »
China's refiners raised crude oil processing runs to near record monthly levels in October as refining margins jumped after the country's state planner hiked prices for gasoline and diesel at the pump. More »
British industry had its strongest month so far this year in September, but more signs of strain on consumers and a plunge in construction were reminders that the economy looks set for a difficult 2018 as Brexit approaches. More »
The outsourcing industry in the Philippines, which has dethroned India as the country with the most call centers in the world, is worried that the rise of artificial intelligence (AI) will eat into the $23 billion sector. More »
A burst of Chinese data over the next few weeks is expected to show the world's second-biggest economy cooled further in October as policy makers harden efforts to reduce financial risks and foster long term sustainable growth. More »
China will exempt banks' interest income from loans to small firms and rural households from value added tax, authorities said on Monday, in the latest step to address a long-standing issue of lack of financing to small firms. More »
Activity in China's manufacturing sector likely grew at a slightly slower pace in October as the government began a major crackdown on air pollution, ordering many steel mills, smelters and factories to curtail or halt production over the winter, a Reuters pol... More »
Japan's retail sales rose in September at the fastest pace in three months as shoppers spent more on clothes and daily goods in a sign that consumer spending remains strong due to a tight labor market. More »
British finance minister Philip Hammond's aim to run a budget surplus by the mid-2020s risks being thrown off track next month if official forecasters rein in rosy assumptions about long-run growth, a leading think tank warned on Monday. More »
Japan's industrial production was expected to show a fall in September after solid gains the previous month, a Reuters poll found, although analysts say the trend remains upward thanks to expanding global demand. More »
South Korea's central bank is expected to raise interest rates for the first time in more than six years at its Nov. 30 meeting, months earlier than previously anticipated, after the economy grew at a robust pace in the third quarter. More »
U.S. economic growth probably slowed in the third quarter as hurricanes Harvey and Irma restrained consumer spending and undercut construction activity, but underlying momentum likely remained strong amid robust business investment on equipment. More »
Singapore's labor demand is expected to improve in the near term but accumulated slack in the market will take time to be absorbed and wage pressures are unlikely to build up rapidly, the central bank said on Friday. More »
China's focus on the quality of its growth rather than on the pace of its expansion will boost productivity and reduce financial vulnerability, developments that would be positive for the country's ratings, Moody's Investors Service said. More »
Saudi Arabia's Public Investment Fund plans to invest about $1 billion in Richard Branson's space company, Virgin Galactic, and sister companies The Spaceship Company and Virgin Orbit, according to a joint statement published on Thursday. More »
Japanese banks lag behind their global counterparts in boosting profitability as they compete for dwindling lending opportunities in a shrinking market, the country's central bank said on Monday. More »
Accelerating inflation bodes well for the German economy and makes it more probable that the European Central Bank will alter its ultra-loose monetary policy, the ZEW research institute said on Tuesday. More »
Greece's economy contracted by 0.2 percent last year, the head of statistics service ELSTAT said on Tuesday, releasing its second estimate of full-year 2016 gross domestic product. More »
India is likely to stick to its fiscal deficit target of 3.2 percent of GDP, and may accelerate sales of government stakes in lenders and other companies as part of an effort to recapitalize banks, an adviser to the prime minister said on Tuesday. More »
British inflation rose to its highest level in more than five years in September, according to official data that could make the Bank of England more likely to raise interest rates next month. More »
China's top banking regulator Guo Shuqing and veteran banker Jiang Chaoliang are front runners to succeed Zhou Xiaochuan, the country's longest-serving central bank head who is likely to step down next year, according to multiple sources familiar with the matt... More »
German industrial production jumped more than expected in August, posting its biggest monthly increase in more than six years, data showed on Monday, in a further sign that Europe's biggest economy is set for solid growth in the third quarter. More »
Business activity in China's services sector grew at its slowest pace in 21 months in September as the pace of new business cooled, a private survey showed. More »
U.S. job growth probably slowed further in September as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring, the latest indication that the storms undercut economic activity in the third quarter. More »
Japanese Finance Minister Taro Aso said on Friday he would meet U.S. Vice President Mike Pence in Washington D.C. on Oct. 16 for the second round of an economic dialogue between the two countries. More »
The benefits of raising Japan's sales tax again outweigh the negatives, even if Prime Minister Shinzo Abe diverts some of the additional revenue to education and welfare, an official at ratings agency Moody's Investors Service said on Tuesday. More »
Japanese companies' inflation expectations eased slightly in September from three months ago in a worrying sign the economy continues to struggle with a deflationary mindset. More »
Companies in Japan's service industries are struggling to hire and retain staff as the labor market becomes the tightest in decades, and are increasingly taking unorthodox steps to alleviate the shortage. More »
China has launched probes into consumer loans that are being misused for home purchases, warning they cannot be used to "fuel property bubbles", a senior banking official said on Friday. More »
Hopes for higher wage growth across Britain are receding, apart from in a few sectors of the labor market that suffer from acute skill shortages, according to a report published on Monday by recruitment company Hays. More »
Bank of Japan Governor Haruhiko Kuroda warned that escalating tensions in North Korea were among risks to an otherwise brightening global economic outlook, stressing that the central bank was closely watching the impact on markets and Japan's economy. More »
The growth of China's overall leverage ratio has been clearly slowing and is now stabilizing, the country's state planner said on Monday. More »
The wealth of U.S. households rose to $96.2 trillion in the second quarter of this year as U.S. stock prices hit record highs and home values continued to climb, a report by the Federal Reserve showed on Thursday. More »
India could be forced to cut spending on key infrastructure such as railways and highways as lower-than-expected tax collections and sluggish growth have upset the government's budget calculations, two finance ministry officials said. More »
Greece does not expect it will need a precautionary credit line when it exits its bailout next year, a view that is in line with its official creditors, the finance minister said on Friday after a meeting of euro zone ministers in Tallinn. More »
China's economy continues to defy expectations for a slowdown, buoyed by strong global demand for its exports and a resilient property market - despite a government pledge to crack down on rising risks. More »
Britain's manufacturing output expanded at the strongest pace this year in July, but there was little sign of improvement in the trade deficit despite sterling's sharp fall since last year's Brexit vote. More »
Germany's services enjoyed vibrant activity in August, pushing up price pressures in the sector and boosting overall private sector growth, a survey showed on Tuesday, suggesting that a solid upswing in Europe's biggest economy is set to continue. More »
British new car sales fell by between 6 and 7 percent year-on-year in August, according to preliminary data released by an industry body on Tuesday. More »
Australian construction spending boasted its biggest rise on record last quarter as miners splashed out on major engineering projects, a surprise that could lift economic growth well above initial expectations. More »
Lebanon has begun reforms to repair its fragile economy after years of paralysis in decision-making but is under pressure to do more to prevent its rising debt spinning out of control. More »
Japan's government maintained its moderately optimistic view on the economy on Monday, signaling that a pick-up in private consumption and capital expenditure was underpinning a solid economic recovery. More »
Confidence at Japanese manufacturers rose in August to its highest level in a decade led by producers of industrial materials, a Reuters poll showed, in a further sign of broadening economic recovery. The Reuters' monthly poll - which tracks the Bank of Japan'... More »
Strong household and state spending consolidated Germany's role as the euro zone's growth engine in the second quarter, helping Chancellor Angela Merkel to burnish her economic credentials less than six weeks before an election. More »
Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. More »
Industrial output in the 19 countries sharing the euro currency fell by more than expected in June, as the production of capital and durable goods fell following sharp increases in the previous month, European statistics office Eurostat said on Monday. More »
China's strong economic growth showed visible signs of fading in July as lending costs rose and the gravity-defying property market cooled, though activity levels generally remained solid, propped up by a year-long construction spree. More »
China's real estate investment growth slowed in July, as official curbs continued to cool an overheated property market, reinforcing expectations of further slowing in second-half 2017. More »
Japan's economy grew in the second quarter at the fastest pace in more than two years as consumer spending and capital expenditure both rose at the fastest in more than three years, highlighting stronger domestic demand. More »
Saudi Arabia favours New York for the main foreign listing of state oil giant Aramco, even though some financial and legal advisers have recommended London as a less problematic and risky option, people familiar with the matter told Reuters. More »
German industrial production unexpectedly fell for the first time this year in June, data showed on Monday, though it increased in the second quarter overall. More »
FILE PHOTO – Shoppers look at meat on offer on a market stall in Moscow February 8, 2013. By Zlata GarasyutaMOSCOW – Russia faces the prospect of slightly higher inflation this year and a weaker rouble than previously expected, a Reuters p More »
FILE PHOTO: A businessman walks past the Reserve Bank of Australia in Sydney February 4, 2014. Australia’s central bank on Tuesday marked a full year without changing interest rates, and many economists suspect rates could stay at record lows of 1.5 percent fo... More »
FILE PHOTO: Employees work at a engine factory of CSSC Wartsila Engine (Shanghai) Co. Ltd in Shanghai, China June 13, 2017. Factories in China and Japan motored ahead in July, giving investors optimism that the global economy can carry momentum through into th... More »
FILE PHOTO: Newly manufactured cars of the automobile maker Honda await export at port in Yokohama, Japan, January 16, 2017. – Japan’s manufacturing activity grew in July at the slowest pace in eight months as export demand weakened, a private survey showed on... More »
Houses under construction are seen at a subdivision near the town of Kleinburg, Ontario, Canada May 13, 2017. Canada’s long housing boom has drawn thousands into the sector, from realtors and home stagers to construction workers, and a looming slowdown threate... More »
FILE PHOTO: Customers push shopping trolleys on an escalator at the Bercy shopping centre in Charenton Le Pont, near Paris, August 29, 2013. Data in the coming week should confirm the euro zone economy is running hot, after the IMF upgraded growth forecasts an... More »
FILE PHOTO – Chinese President Xi Jinping arrives for the G 20 Summit in Hamburg, Germany, July 6, 2017. President Xi Jinping said on Monday China will accelerate market opening and clear administrative hurdles to boost foreign investment, while stepping up fi... More »
A man walks at Lujiazui financial district of Pudong in Shanghai, China July 17, 2017. China’s economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to... More »
A China yuan note is seen in this illustration photo May 31, 2017. Chinese lenders extended more credit than expected in June, as home lending stayed buoyant while a clampdown on shadow financing activities forced banks to shift more loans onto their books. More »
FILE PHOTO – A crane flies an American flag over a construction site in downtown Los Angeles, California October 29, 2014. The U.S. economy is expanding at a 2.6 percent annualized pace in the second quarter based on the latest data on domestic payrolls and wh... More »
FILE PHOTO: A containership at a loading terminal is seen in the port of Hamburg, Germany, February 2, 2017. REUTERS/Fabian Bimmer/File Photo German exports rose more strongly than expected in May, outpacing a solid increase in imports and widening the trade s... More »
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan June 16, 2017. REUTERS/Toru Hanai The Bank of Japan offered its most optimistic view of the country’s regional economies in more than a decade on sol... More »
FILE PHOTO: Bank of Canada Governor Stephen Poloz (L) speaks with Bank of England governor Mark Carney as they gather for a family photo after a meeting of G-20 finance ministers and central bank governors during the IMF-World Bank annual meetings in Washingto... More »
Port workers are seen in front of a shipping vessel unloading its cargo in the port of Banjul, Gambia June 29, 2017. Picture taken June 29, 2017. REUTERS/Emma Farge Chinese and French companies are bidding to help Gambia build up its Atlantic port Banjul to be... More »
Cars pass through a new toll road Salatiga-Bawen section in Semarang, Central Java province, Indonesia June 15, 2017 in this photo taken by Antara Foto. Antara Foto/Aditya Pradana Putra via REUTERS Indonesian state firms aim to get big international pension fu... More »
A crane flies an American flag over a construction site in downtown Los Angeles, California October 29, 2014. REUTERS/Mike Blake The U.S. economy is expanding at 2.7 percent annualized pace in the second quarter based on the latest data on vehicle sales, facto... More »
Rain clouds pass over the Canary Wharf financial district in London, Britain July 1, 2016. REUTERS/Reinhard Krause/File Photo British companies are giving ominous signs about the economy, just as the government embarks on European Union divorce negotiations, d... More »
A man reads a newspaper as a pedestrian walks past, inside a building at a business district in Tokyo June 19, 2014. REUTERS/Yuya Shino Japan’s corporate tax revenue fell to 10.3 trillion yen ($90 billion) for the last fiscal year, the lowest since fiscal 2012... More »
FILE PHOTO: A man looks at a mobile phone in front of the Bank of Japan building in Tokyo, Japan June 16, 2017. REUTERS/Toru Hanai/File Photo Japan’s central bank will cut its inflation forecasts but hold off expanding stimulus this month, people familiar with... More »
Hiroaki Okutani (R), 57, a contract worker of Ueda Co., Ltd., wears an Atoun Inc. Power Assist Suit (AWN-03B), as he works at a distribution center in Kawasaki, Japan June 22, 2017. REUTERS/Toru Hanai Japan’s labor shortage has pushed job-hopping to its highes... More »
A basket vendor walks past red lanterns serving as decorations to celebrate the new year outside a shopping mall in Kunming, Yunnan province January 6, 2015. REUTERS/Stringer China’s services sector grew at a slower pace in June as new orders slumped, signalin... More »
FILE PHOTO: A view of a vegetable market in La Trinidad, Benguet in northern Philippines August 6, 2016. REUTERS/Erik De Castro The Philippines’ annual inflation eased for a second straight month in June due to slower price increases in food and transport, dat... More »
FILE PHOTO: Finished cars are stored at the SEAT factory in Martorell, near Barcelona, Spain March 24, 2017. REUTERS/Albert Gea/File Photo Factories across the euro zone rounded off the first half of 2017 by ramping up activity at the fastest rate for over six... More »
FILE PHOTO: A South Korea won note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo South Korea’s economy is expected to see gradual improvement this year thanks to manufacturing and services, the country’s central ... More »
FILE PHOTO: An employee of GSA Austria ( Money Service Austria ) holds a wad of new 100 euro banknotes at the company’s headquarters in Vienna July 22, 2013. REUTERS/Leonhard Foeger Although a better economy is helping global banks to turn the corner a decade ... More »
A man looks at a mobile phone in front of the Bank of Japan building in Tokyo, Japan June 16, 2017. REUTERS/Toru Hanai Japanese big manufacturers’ confidence is expected to have improved for a third straight quarter in June to match the peak seen two years ago... More »
FILE PHOTO: A woman checks vegetables at the Biocompany organic supermarket in Berlin, January 31, 2013. REUTERS/Fabrizio Bensch/File Photo Germans’ purchasing power increased in the first quarter at its weakest rate in more than three years as inflation accel... More »
FILE PHOTO: A woman is pictured at work at the Ford Fiesta assembly line in Cologne, Germany, January 6, 2016. REUTERS/Wolfgang Rattay/File Photo Germany’s private-sector grew at a slower pace in June, a survey showed on Friday, mainly weighed down by weaker a... More »
Incoming Philippine Central bank Governor Nestor Espenilla speaks during a news conference at the Bangko Sentral ng Pilipinas in Manila, Philippines May 9, 2017. REUTERS/Karen Lema The Philippines central bank is closely watching the rapid pace of domestic cre... More »
FILE PHOTO: Workers chat outside a construction site in Beijing’s central business district, December 29, 2014. REUTERS/Jason Lee/File Photo China’s economy generally remained on solid footing in May, but tighter monetary policy, a cooling housing market and s... More »
FILE PHOTO: A worker controls a tapping of a blast furnace at Europe’s largest steel factory of Germany’s industrial conglomerate ThyssenKrupp AG in the western German city of Duisburg December 6, 2012. REUTERS/Ina Fassbender/File Photo Euro zone industrial ou... More »
Bank of Korea Governor Lee Ju-yeol speaks during a news conference at Seoul Foreign Correspondent’s Club January 22, 2015. REUTERS/Kim Hong-Ji South Korean President Moon Jae-in said on Monday unemployment was “very serious” and it could turn into a national c... More »
FILE PHOTO: South Korean President Moon Jae-in delivers a speech during a ceremony marking Korean Memorial Day at the National Cemetery in Seoul, South Korea, June 6, 2017. REUTERS/Kim Hong-Ji/File Photo South Korea’s President Moon Jae-in said on Monday the o... More »
Some parts of northern China’s Inner Mongolia have fabricated fiscal data, China’s anti-corruption agency said, making it the third Chinese region exposed for data falsification after the rust-belt provinces of Liaoning and Jilin. More »
People work at a construction site in Tokyo, September 9, 2015. REUTERS/Toru Hanai Japan’s core machinery orders fell more than expected in April, casting doubt on the strength of companies’ capital spending and adding to concerns about the country’s fragile e... More »
FILE PHOTO: Shoppers are reflected in a shop window as they walk along Oxford Street in London, Britain, December 21, 2013. REUTERS/Luke MacGregor/File Photo British consumers cut their spending for the first time in nearly four years last month, figures from ... More »
FILE PHOTO: A woman walks past containers at a port in Shanghai January 13, 2009. REUTERS/Aly Song/File Photo China reported stronger-than-anticipated exports and imports for May despite falling commodity prices, suggesting the economy is holding up better tha... More »
China’s iron ore imports rose 5.5 percent in May from a year earlier, recovering from a six-month low in April, as mills in the top steelmaking nation scooped up more raw material as they posted strong profits. More »
FILE PHOTO: People walk in Omotesando shopping district in Tokyo, Japan May 17, 2017. REUTERS/Toru Hanai/File Photo Japan’s economic growth was much weaker in the first quarter than initially estimated, the Cabinet Office said, but analysts made light of the d... More »
Japan’s financial regulator will adopt a new regulation requiring regional banks to guard against potential losses they could incur on their bond holdings from sharp interest rate swings, the Nikkei reported on Thursday. More »
