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China will unveil new policies based on economic situation, says state planner
BEIJING, April 28 (Reuters) - The vice head of China's state planner said on Monday that new policies would be unveiled based on changes in the economic situation and that the National Development and Reform Commission would closely monitor domestic and external changes.Speaking at the same news...Reuters
Mon, Apr 28
Amid Trump tariffs, China's trade and economy tsar steps into spotlight
Vice Premier He Lifeng is longtime confidant of Xi JinpingHe initially underwhelmed foreign investors, but has gained confidence and experienceHe described as ideological proponent of state-led growthU.S. has so far insisted it will only negotiate on tariffs with XiBy Laurie Chen, Michael Martina ...Reuters
Mon, Apr 28
Australian Dollar loses ground due to rising expectations of RBA’s rate cut in May
The Australian Dollar (AUD) extends loses for the second successive session on Monday. The AUD/USD pair is under pressure as the US Dollar (USD) strengthens amid signs of easing tensions between the US and China.
Fxstreet
Mon, Apr 28
US Agriculture Secretary says talking to 100 countries every day on trade, including China
US Agriculture Secretary Brooke Rollins said on Sunday that the Trump administration is having daily conversations with China over tariffs, per Reuters. Rollins noted that there were ongoing talks between the two nations and that trade deals with other nations were “very close.”Fxstreet
Mon, Apr 28
China's Q1 industrial profits return to growth amid tariff woes
BEIJING, April 27 (Reuters) - China's industrial profits returned to growth in the first quarter, official data showed on Sunday, but are likely to come under further pressure amid a trade war with the United States. With Washington's aggressive tariffs threatening to hit China's crucial...Reuters
Sun, Apr 27
Candidates in Canada election make final pitches under shadow of Vancouver tragedy
Carney to cancel at least two eventsUnclear what impact Vancouver tragedy will have on electionCarney says he can steer Canada through Trump's tariffsPolls show narrow lead for Liberals over ConservativesPoilievre's call for change resonates with young menBy Promit Mukherjee and Allison Lamp...Reuters
Sun, Apr 27
Candidates make final pitch in Canada election with Liberals holding lead
KING CITY, Ontario, April 27 (Reuters) - Canadian Prime Minister Mark Carney and Conservative leader Pierre Poilievre will make their final pitches to voters on Sunday, before an election that will determine who will negotiate on tariffs with U.S. President Donald Trump.Reuters
Sun, Apr 27
IMF-World Bank meetings end with little tariff clarity, but economic foreboding
Finance chiefs head home with no relief from tariffs or uncertaintyFinance officials more pessimistic than IMF on economic outlook Resurgent debt worries take back seat to tariff talksU.S. chides IMF, World Bank 'mission creep' but pledges backingBy David Lawder, Karin Strohecker, Andrea Sha...Reuters
Sun, Apr 27
France proposing merging, scrapping third of gov't agencies by end-year
PARIS, April 27 (Reuters) - The French government will propose combining or eliminating a third of government agencies by the end of the year in a bid to save money, the public accounts minister said on Sunday."We will, by the end of the year, propose in the budget that a third of state-backed a...Reuters
Sun, Apr 27
Trump says US ships should be allowed to travel through the Panama and Suez canals for free
WASHINGTON, April 26 (Reuters) - U.S. President Donald Trump said on Saturday that American military and commercial ships should be allowed to travel through the Panama Canal and Suez Canal free of charge.Reuters
Sun, Apr 27
China's industrial profits rise 0.8% in Q1
BEIJING, April 27 (Reuters) - Profits at China's industrial firms grew 0.8% in the first quarter from the same period last year, official data showed on Sunday, reversing a 0.3% decline in the first two months.In March, total profits of industrial companies rose 2.6%, according to National Burea...Reuters
Sun, Apr 27
World Bank chief economist sounds alarm on emerging market debt issues, urges liberalization
WASHINGTON, April 25 (Reuters) - Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging markets and developing countries, but cutting their own tariffs could provide a big boost, said Indermit Gill, the World Bank's chief economist.Reuters
Sun, Apr 27
ECB consensus builds for June rate cut but no appetite for big move, sources say
WASHINGTON, April 26 (Reuters) - European Central Bank policymakers are becoming increasingly confident about cutting interest rates in June as inflation continues its march lower, but there is little to no appetite for a big move, six sources told Reuters.Reuters
Sun, Apr 27
Young Canadians favor Conservatives in election despite Trump threat
Poilievre's focus on cost of living resonates with young votersPolls show Conservatives lead among young men, but Liberals lead overallYouth turnout could be key to election outcome in populous provincesBy Wa Lone, Kyaw Soe Oo VAUGHAN, Canada, April 26 (Reuters) - Conservative leader Pierre P...Reuters
Sat, Apr 26
CORRECTED-China will adopt 'more proactive economic policies to hit growth target, minister says
HONG KONG, April 26 (Reuters) - China will adopt "more proactive" macroeconomic policies to help achieve its annual economic growth target, Finance Minister Lan Foan said on Thursday. Speaking at a World Bank Development Committee meeting in Washington, Lan said China was willing to furthe...Reuters
Sat, Apr 26
