OTTAWA -Canada’s Gross Domestic Product grew by 0.4% on a monthly basis in January as economic activity continued the momentum of the last few of months, data showed on Friday. Economists said part of the growth was helped by an…

U.S. equity funds witnessed robust demand in the week through March 26 as signals of a more measured tariff approach from the Trump administration helped shift investor focus back to prospects of growth in corporate earnings. Investors acquired U.S. equity…

BERLIN -The number of people out of work in Germany rose in March at the fastest rate since October of 2024, data showed on Friday, as an economic malaise puts pressure on the job market even against a backdrop of…

BERLIN – A German government spokesperson said on Friday that “nothing is off the table” with regards to punitive measures in response to the threat of U.S. tariffs. Asked whether countermeasures could target U.S. tech companies, the spokesperson said “at…

The coming week will be dominated by U.S. President Donald Trump’s plans for reciprocal tariffs, while the latest U.S. jobs data, an Australian central bank meeting and a key euro zone inflation report means there’s plenty for markets to consider….

LONDON – Most investors knew things could turn turbulent this year given U.S. President Donald Trump’s return to power in the world’s biggest economy and financial market, but few predicted the kind of a rodeo ride it has been so…

U.S. natural gas futures climbed about 3% to a one-week high on Friday on record flows to liquefied natural gas export plants and a decline in daily output. On its first day as the front month, gas futures for May…

European shares slid on Friday as fresh U.S. data amplified worries about higher inflation, ending a week where new tariff announcements from U.S. President Donald Trump kept investors away from risky assets. The pan-European STOXX 600 index ended 0.7% lower…

The U.S. IPO market stands at a critical juncture, with CoreWeave’s debut set to be a key test of whether companies move forward with listings or retreat amid market volatility. Hopes for a blockbuster rebound in 2025 have dimmed, as…

NEW YORK – The pipeline for U.S. high-grade corporate bond issuance to fund mergers has fallen to the lowest levels in five years as President Donald Trump’s trade war deters deals, in what could be a boon for borrowers but…

OTTAWA, March 28  – Canada recorded a marginally higher C$26.85 billion ($18.77 billion) budget deficit for the first ten months of the 2024/25 fiscal year as government expenditures grew slightly faster than revenues, the finance ministry said on Friday. By…

BERLIN – ECB policymaker Joachim Nagel said on Friday he was encouraged by recent data on inflation in a number of euro zone economies but warned against over-optimism as the European Central Bank works to bring inflation down further to…

SYDNEY  – Consumer confidence in New Zealand dipped in March, with declines seen across nearly all sectors as consumers remained cautious on spending, ANZ-Roy Morgan data showed on Friday. “The economy is improving under the hood, but we’re at the…

Federal Reserve Bank of Boston President Susan Collins said on Thursday that Trump administration tariffs will drive up U.S. inflation but it is unclear how persistent that upward pressure will be. “It looks inevitable that tariffs are going to increase…

BENGALURU – The Reserve Bank of Australia will keep its cash rate unchanged on Tuesday as it waits for concrete signs of easing inflation, according to a Reuters poll of economists, who mostly still expect two rate cuts this year…

SEOUL  – South Korea’s exports likely rose in March for a second straight month on a growth in chip sales, a Reuters poll found on Friday, but economists warned of weakening momentum due to U.S. tariffs. Outbound shipments from Asia’s…

BENGALURU-The Reserve Bank of India will cut interest rates at a second straight meeting on April 9, with just one more cut expected in August, which would mark the shortest easing cycle on record, a Reuters poll of economists found….

TOKYO -Core consumer inflation in Japan’s capital stayed above the central bank’s target and accelerated in March on steady gains in food costs, data showed on Friday, keeping alive market expectations of a near-term interest rate hike. Service-sector inflation also…

TOKYO -Bank of Japan policymakers were at loggerheads this month over how soon they should raise interest rates again as some focused on domestic inflationary pressure and others on uncertainty over U.S. tariff policy, a summary of opinions at its…

HONG KONG – Big swings in stock markets and hedge fund activity have propelled Hong Kong’s derivative trading to unprecedented highs. The number of outstanding futures and options contracts on the city’s bourse has reached 22 million so far this…

LEXINGTON, Virginia – The Federal Reserve’s current “moderately restrictive” monetary policy is right for an environment with an abnormal amount of uncertainty and fast changes taking place in U.S. government policy, Richmond Fed President Tom Barkin said on Thursday. Barkin,…

BUENOS AIRES  -Argentina’s economic activity increased 6.5% in January compared with the same month last year, its highest year-on-year growth since mid-2022, official data showed on Thursday. The economy of the Latin American country registered its third consecutive month of…

MEXICO CITY  -The Bank of Mexico delivered a unanimous 50-basis-point interest rate cut to 9.00% on Thursday, highlighting progress on inflation but warning of heightened uncertainty relating to trade tensions and a weakening economy. The move, which was expected by…

LONDON  – The euro zone’s economic recovery may have been held back by households’ “misperception” of inflation and income, which has made them reluctant to spend, European Central Bank board member Isabel Schnabel said on Thursday. Policymakers and economists have…

MUMBAI  – India’s Axis Bank has partnered with J.P. Morgan to offer real-time U.S. dollar payment capabilities to commercial clients in the country, facilitated by Kinexys, the U.S-based lender’s blockchain and digital assets unit. This is the first instance where…

LONDON – If the Federal Reserve, a bedrock of global financial stability, were to withhold dollar funding to allies during times of stress, the world could greatly reduce its reliance on the currency, creating “a doubled-edged sword” for the U.S.,…

BUENOS AIRES – Argentina’s libertarian President Javier Milei said on Thursday that there was “no room” for a sharp devaluation of the local peso, addressing investor fears about a potential weakening of the currency that has driven a renewed flight…

British equities closed lower on Thursday, with mining stocks leading declines, after U.S. President Donald Trump announced new tariffs on all foreign-made vehicles and auto parts. Late on Wednesday, Trump announced a 25% tariff on imported cars and light trucks…

China stepped up fiscal support and accelerated the pace of government bond issuance to the highest on record in the first quarter of this year, according to Reuters calculations based on official data. WHY IT’S IMPORTANT Market watchers believe China…

NEW YORK -Bank of America saw an 80% jump in mortgage applications between January and March as buyers were tempted by increasing home inventory and lower long-term bond yields, an executive said. “We’re seeing a steady increase in home buying…