Private consumption in Thailand rose 0.6% month-on-month in May 2026, following a 2.1% fall in the previous month.The improvement was driven mainly by stronger spending on durable goods, particularly passenger cars, as consumers increasingly favored electric vehicles amid elevated fuel prices.Spend…
Polish grid operator has called on power producers to meet their capacity market obligations on Tuesday evening to boost generation reserves for high demand amid heatwave coinciding with low generation from wind farms, the company said.
JAPAN GOVT UPGRADES ITS VIEW ON US ECONOMY FOR 1ST TIME IN OVER 2 YEARS: ‘EXPANDING MODERATELY’ VS. ‘EXPANDING MODERATELY WITH WEAKNESS IN SOME AREAS’
Sainsbury's LSE:SBRY, Britain's second largest supermarket group, expects more food inflation to come through as a result of the Middle East conflict, its boss said on Tuesday."There is pressure in the system for sure and there will be some inflation to come through," CEO Simon Roberts told reporte…
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
British electric vehicle makers will have to pay £1.4 billion ($1.85 billion) in tariffs if there is no solution on local content requirements - known as rules of origin - with the European Union, the country's main car lobby group estimated on Tuesday.The imposition of the rules on the sourcing of…
JAPAN GOVT UPGRADES ITS VIEW ON EXPORTS FOR 1ST TIME IN 16 MONTHS IN LIGHT OF STRONG GLOBAL DEMAND FOR MEMORY CHIPS NEEDED FOR AI DATA CENTERS
The Thai economy in May remained broadly stable compared to the previous month but likely slowed in June, with weak tourist arrivals weighing on activity despite government support measures, the central bank said on Tuesday.
By Maria MartinezThe number of unemployed people in Germany fell unexpectedly in June, labour office figures showed on Tuesday.In seasonally adjusted terms, the jobless figure fell by 1,000, while analysts and economists had predicted an increase of 7,000 in a Reuters poll.The overall adjusted numb…
JAPAN GOVT ALSO WARNS MIDEAST CONFLICT HAS TRIGGERED A SPIKE IN PRODUCER AND IMPORT COSTS
The European Central Bank's move to increase its key rate earlier this month was a "robust decision", its chief economist Philip Lane says, pushing away some accusations that it was a pre-emptive rise. "I would reserve the phrase 'insurance hike' to a situation where there's a tiebreaker...But that…
Spain posted a current account surplus of €1.88 billion ($2.14 billion) in April, compared to a surplus of €2.46 billion in the same month a year earlier, the Bank of Spain said on Tuesday.That compared to a surplus of €4.16 billion in March, according to the central bank.($1 = 0.8773 euros)
Germany and Canada have signed a joint declaration of intent to strengthen cooperation in the semiconductor sector, the German economy ministry said in a statement on Tuesday."With this declaration, Germany and Canada reaffirm their shared commitment to expanding cooperation for a high-performing a…
JAPAN GOVT KEEPS GRADUAL ECONOMIC RECOVERY VIEW IN MONTHLY REPORT AS ENERGY PRICES HAVE EASED, CONSUMER SENTIMENT HAS PICKED UP FROM RECENT BOTTOM
By Adria CalatayudBritain's antitrust watchdog proposed easing restrictions put in place by Apple and Google to prevent U.K. app developers from steering customers toward alternative payment platforms.The U.K.'s Competition and Markets Authority said Tuesday that it would launch a consultation on n…
Retail sales in Thailand sank by 20% year-on-year in April 2026, reversing sharply from a 21.3% surge in the previous month.This marked the first annual decline since August last year, driven largely by a steep 37.1% drop in other retail trade after a 36.7% increase in March.Growth in non-durable g…
South Africa recorded foreign direct investment inflows of 20.3 billion rand ($1.23 billion) in the first quarter of 2026, down from 41.3 billion rand in the previous quarter, the central bank said on Tuesday.Portfolio investment inflows increased to 9.0 billion rand in January-March, from inflows…
The DAX 40 climbed 0.9% to surpass 24,800 on Tuesday, attempting a recovery after a two-day losing streak, led by gains in chipmakers.Infineon Technologies advanced 2.6%.Siemens Energy gained ground, surging 5.1%, after the German energy technology group struck an optimistic tone about orders durin…
