News
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Taiwan trims 2025 GDP growth forecast, cites US tariff uncertainty
2025 GDP forecast trimmed to 3.1% vs previous 3.14% Potential US tariffs could slow growth 2025 exports expected to rise by 8.99% vs previous 7.08%Inflation forecast cut to 1.88% vs 1.94% previously TAIPEI, May 28 (Reuters) - Taiwan's trade-reliant economy is expected to grow at a slower pace...Reuters
Wed, May 28
US tariff policy: not all that bad? – Commerzbank
The Conference Board's consumer confidence survey is an indicator that is not normally paid too much attention to. However, on the one hand, the current times are probably anything but normal and, on the other, it turned out to be much stronger than expected.Fxstreet
Wed, May 28
Minutes of Fed's May meeting likely to show officials grappling with uncertainty
May meeting preceded by a week Trump's postponement of many tariffsUncertainty over the final tariff outcome continues to cloud outlookFed on hold until economy's direction becomes clearerBy Howard Schneider WASHINGTON, May 28 (Reuters) - The U.S. Federal Reserve at its May 6-7 meeting un...Reuters
Wed, May 28
German unemployment rises faster than expected in May
BERLIN, May 28 (Reuters) - The number of people out of work in Germany rose at a faster pace than expected in May, labour office figures showed on Wednesday, putting pressure on a new government battling to wrench Europe's largest economy from a prolonged downturn.Reuters
Wed, May 28
UN labour body cuts global job forecast amid economic slowdown
By Olivia Le PoidevinGENEVA, May 28 (Reuters) - The United Nation's agency for labour on Wednesday cut its global employment forecast for job growth this year to 1.5% due to a worsening global economic outlook and trade tensions.Some 53 million jobs will be created this year, that is seven milli...Reuters
Wed, May 28
EXCLUSIVE-Aircraft leasing giant calls on Trump to expand zero-tariff plane pact
Appeal goes beyond previous industry calls for duty exemptionsAerCap CEO urges Trump to broaden and expand existing pactDecades-old pact includes US and Europe but not China or IndiaWhite House says regularly talks to industry groups on policyBy Tim Hepher and David Shepardson PARIS/WASHINGTON, M...Reuters
Wed, May 28
Asian bonds draw largest foreign inflow in eight months in April
May 28 (Reuters) - Investors from outside Asia piled into bonds from the region in April, especially in the second half of the month, seeking to diversify from the United States in their quest for markets with stable, high yields and appreciating currencies.Reuters
Wed, May 28
German unemployment rises by more than expected in May
BERLIN, May 28 (Reuters) - The number of people out of work in Germany rose at faster pace than expected in May, labour office figures showed on Wednesday, putting pressure on a new government battling to wrench Europe's largest economy from a prolonged downturn.The office said the number of une...Reuters
Wed, May 28
US will have golden share in Nippon Steel's takeover of US Steel, lawmaker says
US Steel up 1.6% on bets deal will close soonSenator McCormick says US must okay any US Steel output cutUS government also must approve some US Steel board membersBy Alexandra Alper, Makiko Yamazaki and Miho Uranaka WASHINGTON/TOKYO, May 27 (Reuters) - The U.S. government will have veto power ove...Reuters
Wed, May 28
