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Category: Economy

Canada’s services PMI shows steep contraction in April activity
Economy

Canada’s services PMI shows steep contraction in April activity

By Fergal Smith TORONTO (Reuters) -Canada’s services economy contracted for a fifth straight month in April as uncertainty around trade…

May 5, 2025
Annual gold price forecast tops $3,000 for first time – Reuters poll
Economy

Annual gold price forecast tops $3,000 for first time – Reuters poll

By Anmol Choubey (Reuters) – Analysts in a quarterly Reuters poll have forecast an average annual gold price above $3,000…

April 30, 2025April 30, 2025
China issues tax refund policies for foreign tourists to boost inbound consumption
Economy

China issues tax refund policies for foreign tourists to boost inbound consumption

BEIJING (Reuters) -China said on Sunday it will improve tax refund policies for foreign tourists to boost inbound consumption, part…

April 28, 2025
US tariffs could shave up to half a percentage point off India GDP, says finance secretary
Economy

US tariffs could shave up to half a percentage point off India GDP, says finance secretary

WASHINGTON (Reuters) -The direct hit from tariffs introduced by Donald Trump’s administration on India could shave off between 0.2-0.5 percentage…

April 23, 2025April 23, 2025
Taiwan cabinet to ask parliament to unfreeze $4 billion amid budget standoff
Economy

Taiwan cabinet to ask parliament to unfreeze $4 billion amid budget standoff

TAIPEI (Reuters) -Taiwan’s cabinet said on Tuesday it will ask the opposition controlled legislature to release more than $4 billion…

April 22, 2025
China urges Japan to help fight US tariffs together, Kyodo reports
Economy

China urges Japan to help fight US tariffs together, Kyodo reports

TOKYO (Reuters) -Chinese Premier Li Qiang has sent a letter to Japanese Prime Minister Shigeru Ishiba calling for a coordinated…

April 22, 2025
Britain makes $26 billion export finance support available amid tariff turmoil
Economy

Britain makes $26 billion export finance support available amid tariff turmoil

LONDON (Reuters) – Britain said on Sunday it will expand financing support for exporters by 20 billion pounds ($26 billion),…

April 13, 2025April 13, 2025
Canada loses jobs in March for first time since 2022 on tariff uncertainty
Economy

Canada loses jobs in March for first time since 2022 on tariff uncertainty

By Promit Mukherjee OTTAWA (Reuters) -Canada’s total employment fell and the unemployment rate ticked up in March, data showed on…

April 4, 2025
Oil plunges to lowest since pandemic; natural gas, soy slump as China retaliates
Economy

Oil plunges to lowest since pandemic; natural gas, soy slump as China retaliates

By Anna Hirtenstein (Reuters) – Oil prices plunged on Friday to the lowest level since 2021 and commodities including natural…

April 4, 2025
Trade war’s impact on growth extremely detrimental, ECB says
Economy

Trade war’s impact on growth extremely detrimental, ECB says

BRUSSELS (Reuters) – A trade war with the United States could have a fleeting impact on euro zone inflation but…

March 27, 2025

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