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ECB's Nagel sees 'good probability' of converging towards 2% price target
MADRID, May 13 (Reuters) - European Central Bank policymaker Joachim Nagel said on Wednesday there was a "good probability" inflation would converge towards the around 2% inflation target, though he stopped short of indicating the future path of interest rates due to current uncertainty arou...Reuters
Wed, May 14
Tariff uncertainty affecting global trade, investments, Germany says
BERLIN, May 14 (Reuters) - The German economy ministry said on Wednesday that uncertainty in trade and economic activity would remain elevated, citing the United States' unclear policy on tariffs.The uncertainty is affecting not just global trade, but is also having a negative impact on global p...Reuters
Wed, May 14
BYD tops Singapore vehicle sales so far this year, replacing Toyota
SINGAPORE, May 14 (Reuters) - China's BYD 002594.SZ became the most popular vehicle brand in Singapore so far this year, outselling Toyota 7203.T for the first time, government data showed, as the fast-growing electric vehicle maker steps up efforts to boost overseas sales.In the first four mont...Reuters
Wed, May 14
German inflation confirmed at 2.2% in April
BERLIN, May 14 (Reuters) - German inflation eased further to 2.2% in April, the federal statistics office said on Wednesday, confirming preliminary data.German consumer prices, harmonised to compare with other European Union countries, had risen by 2.3% year-on-year in March.Reuters
Wed, May 14
Trump says he could see himself dealing directly with China's Xi on details of trade deal
May 13 (Reuters) - President Donald Trump said in an interview broadcast on Tuesday that he could see himself dealing directly with Chinese President Xi Jinping on the final details of a U.S.-China trade deal."Yeah, I can see that. I mean, I'm not sure that it'll be necessary," Trump...Reuters
Wed, May 14
Japan's wholesale inflation hits 4%, keeps BOJ under pressure
Wholesale price index hits record high for 8th straight monthSlowdown due to yen's rebound, falling commodity costsFirms continue to charge more for food, beverage, farm goodsNot much impact seen yet from US tariffs, BOJ saysBy Leika Kihara TOKYO, May 14 (Reuters) - Japan's wholesale infl...Reuters
Wed, May 14
