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…
Private investment in Thailand increased by 1.2% month-on-month in May 2026, rebounding from a 5.0% drop in the previous month.The improvement was driven mainly by stronger vehicle investment, supported by higher passenger car registrations and increased ship imports by transportation businesses.Me…
The 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 number of unemployed people fe…
Japan's government struck a cautiously optimistic tone in its June monthly economic report released on Monday, noting positive moves in private consumption and exports while calling for continued vigilance on Middle East risks to its economy.
TOKYO (dpa-AFX) - Japan's housing starts increased at a faster than expected pace in May, data from the Ministry of Land, Infrastructure, Transport, and Tourism showed on Tuesday.Housing starts grew 33.9 percent yearly in May, much faster than the 11.4 percent recovery in April. The expected growth…
Russia's key interest rate needs to be lowered to revive investment in the economy, German Gref, CEO of the country's largest lender Sberbank, said on Tuesday.Investment and higher productivity can accelerate economic growth, he added.The Russian central bank cut its benchmark interest rate in Jun…
By Yuka ObayashiJapan's crude oil imports fell 38.4% in May to 1.48 million barrels per day (7.29 million kilolitres) from a year earlier, data showed on Tuesday, with higher imports from the United States helping offset a drop in Middle Eastern supplies.Despite the fall, the May figure came in sha…
China's gross domestic product growth is still likely to slow in 2Q despite a stronger-than-expected June purchasing managers index, says ING's Lynn Song in a note. The manufacturing PMI recovered to 50.3 in June, from 50.0 in May, data from the National Bureau of Statistics showed. Nonmanufacturin…
Thailand's household debt-to-GDP ratio was 85.9% at the end of the first quarter, down from 86.7% at the end of the fourth quarter of 2025, the central bank said on Tuesday.
The annual inflation rate in Poland eased to 2.5% year-on-year in June 2026 from 3.1% in the previous month, marking the lowest reading since February, according to a preliminary estimate.The slowdown was largely driven by a 0.3% decline in prices for food and non-alcoholic beverages, while inflati…
By Suban Abdulla and Andy BruceBritain's economy grew robustly in the first quarter of 2026, official data confirmed on Tuesday, but households were squeezed even before the worst effects of the U.S.-Iran conflict started to feed through.Economic output grew by 0.6% in the first three months of the…
