Singapore Feb core inflation accelerates to 7-month high amid Lunar New Year By Reuters

© Reuters. View of the skyline in Singapore January 27, 2023. REUTERS/Caroline Chia/File Photo SINGAPORE (Reuters) -Singapore’s February core inflation accelerated to its fastest pace in seven months, official data showed on Monday, as seasonal effects from the Lunar New Year drove services and food prices higher. The core inflation rate, which excludes private road […]

Nigeria Q3 growth steady at about 2.5% as oil sector contraction slows By Reuters

© Reuters. FILE PHOTO: People crowd a market place in Lagos, Nigeria December 18, 2021. Picture taken December 18, 2021. REUTERS/Temilade Adelaja/File Photo By Chijioke Ohuocha ABUJA (Reuters) -Nigeria’s economy grew by 2.54% in the third quarter, largely steady from the 2.51% in the second quarter, data showed on Friday, as the oil sector contracted […]

Russian trade, remittances boost Central Asia growth prospects

By Jorgelina do Rosario LONDON (Reuters) – Central Asian economies from Mongolia to Kazakhstan and Uzbekistan will see strong growth this year and next thanks to rising trade and remittance flows from Russia, the European Bank for Reconstruction and Development (EBRD) said on Wednesday. Central Asia saw the largest upward revision of all EBRD regions […]

France and Spain give euro zone economy a boost before outlook darkens By Reuters

© Reuters. FILE PHOTO: Cranes are seen at a construction site in Nice, France, May 11, 2023. REUTERS/Eric Gaillard (Corrects first paragraph to show Spanish resilience, not German) PARIS/MADRID (Reuters) – The French and Spanish economies displayed unexpected resilience in the second quarter but stagnation in powerhouse Germany pointed to renewed weakness ahead for the […]

Japan’s jobless rate falls to 2.6% in April By Reuters

© Reuters. FILE PHOTO: People walk inside a building in Tokyo, Japan January 23, 2019. REUTERS/Issei Kato/File Photo GLOBAL BUSINESS WEEK AHEAD TOKYO (Reuters) – Japan’s jobless rate fell to 2.6% in April from 2.8% in the previous month, government data showed on Tuesday. The seasonally adjusted unemployment rate was below economists’ median forecast of […]

Thailand’s economic activity improves in February -central bank By Reuters

© Reuters. FILE PHOTO: Tourists shop ahead of Lunar New Year celebrations in Bangkok’s Chinatown, Thailand, January 19, 2023. REUTERS/Athit Perawongmetha BANGKOK (Reuters) – Thailand’s economy in February continued to improve compared with the previous month as the value of exports rose while private consumption and tourism activities also increased, the central bank on Friday. […]

Spanish inflation rises in January for first time in six months By Reuters

© Reuters. FILE PHOTO: A saleswoman shows a bag to customers in a shoe shop in Ronda, Spain, December 13, 2022. REUTERS/Jon Nazca MADRID (Reuters) -Spain’s consumer prices rose 5.8% year-on-year in January, a faster pace than the 5.7% over the 12 months to December and the first increase since July, preliminary data from the National […]

Investors need a different playbook for 2023

The writer is head of the BlackRock Investment Institute and former deputy governor of the Bank of Canada Buy the dip when stocks go down. Find shelter in government bonds when growth worries mount or recession hits. Such staple strategies served investors well for decades. But they’re not working now. The steady growth and inflation […]