Asian Company Earnings Cut On China, Global Slowdown Worries
Equity analysts are cutting their estimates for Asian companies' earnings because of worries about slowing global growth and the absence of a boost from China's reopening from COVID.
Euro Zone Services Firms Enjoy Buoyant March But Factories Struggle -flash PMI
Business activity across the euro zone unexpectedly accelerated this month as consumers splashed out on services, but weakening demand for manufactured goods deepened the downturn in the factory secto…
French Business Activity Strengthened In March -flash PMI
French business activity strengthened in March by more than forecast, a monthly survey showed on Friday, as the euro zone's second-biggest economy benefited from growth in its dominant services sector
Column-Dollar's Smile Looks A Little Lopsided :Mike Dolan
The dollar could do with some cheering up.
British Retail Sales Rebound Unexpectedly In February
British retail sales unexpectedly rebounded by 1.2% in February from the month before, returning sales volumes to their pre-pandemic level, figures from the Office for National Statistics showed on Fr…
Pakistani Professionals Struggle With Higher Costs As Economy Teeters
Naureen Ahsan earns more than twice the average wage in Pakistan, but the school administrator says she has no choice but to homeschool her daughters and delay their London-board certified final exams…
Financial Turbulence Widens Door To Private Equity In Fast-growing Aerospace Sector
Financial sector headwinds are creating fresh openings for private equity investments in aerospace, as suppliers' need for capital to meet soaring demand for planes and parts risks further turbulence,…
India Current Account Deficit Likely Narrowed To 2.7% Of GDP In Q4: Reuters Poll
India's current account deficit is likely to have improved in the final quarter of 2022 from a nine-year high in July-September as the goods trade gap moderated and net services exports rose, a Reuter…
Dollar Steady After Fed's Rate Pause Hints, Yen Rises
The dollar was steady on Friday near seven-week lows as nervousness over the banking system kept investors skittish and traders absorbed the Federal Reserve's hints of a pause to interest rate hikes.
Japan Firms See Global Inflation Risk As Major Headwind For Fiscal 2023 - Reuters Poll
Japanese firms see inflation and the chance of worldwide recession as the primary risks they face in fiscal 2023, a Reuters monthly poll showed.
Exclusive-ECB Pressures Austria's Raiffeisen Bank To Quit Russia -sources
The European Central Bank is pressing Austria's Raiffeisen Bank International to unwind its highly profitable business in Russia, five people with knowledge of the matter told Reuters.
Colombia Pension Reform Would Impact Capital Markets, Private Funds Say
Colombia's private pension funds association said on Thursday a reform proposed by the leftist government of President Gustavo Petro is unsustainable and would have a significant impact on capital mar…
Brazil's Markets Cool To Central Bank's Hawkish Stance
Brazilian markets responded coldly on Thursday to the central bank's decision to maintain a hawkish stance and keep interest rates unchanged in the face of rising inflation expectations.
Weil Distress Index Shows UK Companies At Highest Level Since June 2020
Corporate distress levels in Britain accelerated in the three months to February to their highest since June 2020, an index compiled by law firm Weil Gotshal & Manges shows.
Analysis-End Of Central Bank Rate Hikes Now Firmly On The Horizon
Having raised interest rates at the fastest pace on record to tame inflation, the world's top central banks are openly contemplating an early end to their rate hikes, not least because of financial tu…
