News
Important Only
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
RPT-In deflation-hit China, one store holds flash sales four times a day
Deflation worries deepen as China CPI hits -0.7% y/y in FebruaryBeijing store tries 'flash sales' to draw customersPersistent deflation poses risks to growth, analysts warnBy Liangping Gao and Marius Zaharia BEIJING/HONG KONG, March 10 (Reuters) - Leo Liu, manager of the sprawling Wankela...Reuters
Mon, Mar 10
White House pushes back against recession talk as household worries grow, stocks tank
Tariff uncertainty to be resolved in April, tax cuts to boost economy, Hassett says US stock markets plunge to 6-month lowsUS households grew more pessimistic about their prospects, New York Fed survey showsBy Andrea Shalal and Timothy Aeppel WASHINGTON/NEW YORK, March 10 (Reuters) - A key econom...Reuters
Mon, Mar 10
