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CORRECTED-EXCLUSIVE-Trump aims to exceed first term's weapons sales to Taiwan, officials say
Taiwan weapons sales over coming four years could 'easily' exceed levels in first Trump termU.S. officials ask Taiwan opposition not to oppose defense budget increasesSales could ease worries over Trump's commitment to TaipeiBy Michael Martina, Yimou Lee and Ben Blanchard WASHINGTON/T...Reuters
Fri, May 30
Japan frets over fighter rollout target and weighs stopgap options, sources say
Japan fighter project with Britain, Italy falling behind schedule, sources sayStopgap options include F-35 purchases or upgrading older F-2s, sources say Japan trade chief says could be arms purchases could be part of trade talksBy Tim Kelly and Nobuhiro Kubo TOKYO, May 30 (Reuters) - Japan has g...Reuters
Fri, May 30
Swedish economy shrinks in first quarter, boosting case for interest rate cut
STOCKHOLM, May 30 (Reuters) - Sweden's economy contracted in the first quarter compared to the previous three months, government data showed on Friday, increasing the likelihood of an interest rate cut by the central bank over the coming months. Global trade frictions had cast a pall ove...Reuters
Fri, May 30
US core PCE inflation likely steady in April as markets price Federal Reserve rate cut for September
The United States (US) Bureau of Economic Analysis (BEA) is set to release the Personal Consumption Expenditures (PCE) Price Index data for April on Friday at 12:30 GMT. This index is the Federal Reserve’s (Fed) preferred measure of inflation.Fxstreet
Fri, May 30
CORRECTED-German retail sales fall unexpectedly in April
May 30 (Reuters) - German retail sales fell by 1.1% in April compared with the previous month, data showed on Friday. Analysts polled by Reuters had predicted a 0.2% increase.The federal statistics office publishes more details on its website.Reuters
Fri, May 30
BoE's Taylor dismisses inflation concerns, renews call for lower rates, FT reports
May 30 (Reuters) - Bank of England policymaker Alan Taylor renewed his call for lower interest rates in Britain and said the current higher inflation rate was being driven by one-off factors, the Financial Times reported on Friday.Reuters
Fri, May 30
PRESS DIGEST-British Business - May 30
May 30 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The TimesUK Prime Minister Keir Starmer has given his strongest hint yet that he will concede ground on the two-child ta...Reuters
Fri, May 30
Trump administration considers allowing tariffs of up to 15% for 150 days – WSJ
Citing people familiar with the matter, the Wall Street Journal (WSJ) reported late Thursday, “US President Donald Trump's administration is considering an existing law that includes language allowing for tariffs of up to 15% for 150 days.”Fxstreet
Fri, May 30
