News
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China's May industrial profits slip back into sharp decline
BEIJING, June 27 (Reuters) - China's industrial profits swung back into sharp decline in May from a year earlier, as factory activity slowed in the face of broader economic stress and a fragile trade truce with the United States.Deepening deflationary pressures and a persistent property crisis c...Reuters
Fri, Jun 27
China's industrial profits fall 1.1% in January-May
BEIJING, June 27 (Reuters) - Profits at China's industrial firms fell 1.1% in the first five months of 2025 from the same period last year, official data showed on Friday, This compares with a 1.4% increase in the January-April period, according to National Bureau of Statistics (NBS) data.Indus...Reuters
Fri, Jun 27
Core inflation in Japan's capital slows but stays above BOJ target
Tokyo June core CPI rises 3.1% yr/yr vs f'cast +3.3%Index excluding fresh food, fuel rises 3.1% yr/yr in JuneFood inflation accelerates, service-sector prices keep risingData likely to keep alive market bets of further rate hikesBy Leika Kihara TOKYO, June 27 (Reuters) - Core consumer inflati...Reuters
Fri, Jun 27
Fed rate cut in July? Inside the US central bank, few takers
Barr, Collins, Daly, Goolsbee on Thursday all signal July is too soonFinancial markets align with view of September start to rate cutFed Chair Powell has said he wants to see more data before a moveBy Ann Saphir and Howard Schneider June 26 (Reuters) - President Donald Trump says that tame inflatReuters
Fri, Jun 27
Fed's Kashkari says more clarity needed on tariffs' impact on inflation
June 26 (Reuters) - Recent U.S. inflation data has been "quite positive" but some of the inflationary effect of tariffs may just be delayed, Minneapolis Federal Reserve Bank President Neel Kashkari said on Thursday. "We've been basically saying, Hey, we need to go slow until we have ...Reuters
Fri, Jun 27
REFILE-Fed's Kashkari: need more clarity on how tariffs will affect inflation
June 26 (Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari said on Thursday that recent U.S. inflation data has been "quite positive" but some of the effect of tariffs on inflation may just be delayed, with businesses set to pass on some of their higher import costs dependi...Reuters
Fri, Jun 27
EU leaders discuss new US trade proposal as deal clock ticks down
EU faces US tariffs, seeks rebalancing measuresEU considers digital tax on US tech giants as rebalancing optionGermany's Merz calls for quick deal with US But Macron says France will not accept unbalanced deal Zelenskiy urges path for Ukraine EU accession but Hungary opposedBy Andreas Rinke and ...Reuters
Thu, Jun 26
