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Japan downgrades Q4 GDP, US tariffs cloud outlook
Q4 GDP rose 2.2%, slower than 2.8% first reportedCapex revised up while consumption revised downRelatively upbeat data backs BOJ's case for additional rate hikeOfficials express concern about outlookBy Satoshi Sugiyama TOKYO, March 11 (Reuters) - Japan's economy expanded in the October-D...Reuters
Tue, Mar 11
Japan’s Kato: Higher long-term rates could have wide-ranging effects on economy
Japan’s Finance Minister Shunichi Kato said early Tuesday that higher long-term interest rates could have wide-ranging effects on the economy, underscoring the need for careful monitoring of financial conditions.Fxstreet
Tue, Mar 11
Italy pushes for €200 billion defence plan using EU guarantees - Reuters
Italy plans to propose to its European guarantee scheme that could potentially trigger investments worth up to 200 billion euros ($216.48 billion) in the defence and aerospace industries, per Reuters, citing sources familiar with the matter.Fxstreet
Tue, Mar 11
CERAWEEK-BlackRock CEO Fink says nationalistic US policies to stoke inflation
Further cost increases expected in next 6-9 monthsPanama port deal represent 4% of entire transaction with CK HutchisonPanama deal expected to be signed by early AprilBy David French and Marianna ParragaHOUSTON, March 10 (Reuters) - BlackRock BLK.N CEO Larry Fink said on Monday that inflation in the...Reuters
Tue, Mar 11
Japan revises annualised Q4 GDP growth estimate to 2.2% from 2.8%
TOKYO, March 11 (Reuters) - Japan's economy expanded an annualised 2.2% in the October-December period from the previous quarter, a slower pace than initially reported, government data showed on Tuesday.The revised gross domestic product figure released by the Cabinet Office compared with econom...Reuters
Mon, Mar 10
