News
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Thai business group raises 2025 GDP growth forecast to between 1.8% and 2.2%
By Thanadech Staporncharnchai BANGKOK, Aug 6 (Reuters) - Thailand's economy is expected to grow 1.8% to 2.2% this year, higher than a previous forecast of 1.5% to 2.0%, after the United States lowered its tariff rate to 19% on imported goods from the country, a leading business group said on ...Reuters
Wed, Aug 6
Japan ruling party heavyweight warns against BOJ rate hike
BOJ must be cautious about raising rates, LDP's Saito saysIshiba should step down so LDP can seek bigger coalitionSaito pushes back against opposition calls for sales tax cutBy Leika Kihara and Yoshifumi Takemoto TOKYO, Aug 6 (Reuters) - The Bank of Japan must be cautious about raising intere...Reuters
Wed, Aug 6
German industrial orders unexpectedly fall in June on subdued foreign demand
US tariffs of 15% impact German exports, says economist Stamer Transport equipment and auto industry orders dropped 23.1% in JuneBy Miranda MurrayBERLIN, Aug 6 (Reuters) - German industrial orders unexpectedly fell in June, declining for a second straight month, due to falling demand from abroad, a ...Reuters
Wed, Aug 6
WTI surges above $65.00 as traders expect India to reduce Russian Oil imports
West Texas Intermediate (WTI) Oil price halts its four-day losing streak, trading around $65.10 per barrel during the Asian hours on Wednesday. Crude Oil prices gain ground amid rising concerns over potential supply disruptions.
Fxstreet
Wed, Aug 6
FACTBOX-Exports of oil products by private Indian refiners
By Nidhi Verma and Mohi Narayan NEW DELHI, Aug 6 (Reuters) - India's exports of refined fuel are in the spotlight after last month's European Union sanctions while U.S. President Donald Trump has threatened a tariff hike over its oil purchases from Russia.The South Asian nation became the...Reuters
Wed, Aug 6
German industrial orders fall 1% in June
Aug 6 (Reuters) - German industrial orders fell in June, declining by 1% on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said on Wednesday.A Reuters poll of analysts had pointed to a rise of 1.0%.The statistics office publishes more economic data on i...Reuters
Wed, Aug 6
ANALYSIS-Easy to lose, hard to restore: US data trust on the line
Data trust can take years to rebuildTrump fired labor statistics head as world hungers for reliable dataAll eyes on new BLS chief, wider Trump hiringIMF says it counts on countries to provide accurate data By Andrea Shalal and Davide Barbuscia WASHINGTON/NEW YORK, Aug 5 (Reuters) - Donald Trump&...Reuters
Wed, Aug 6
