Economics

By Kevin Yao BEIJING (Reuters) - China's economy likely grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic COVID-19 outbreaks and raising

(Reuters) - U.S. inflation is above the Federal Reserve's 2% inflation target and policymakers need to watch carefully to ensure that pandemic-induced pressures do not cause long-term inflation

By Md Manzer Hussain BENGALURU - Strong demand is likely to make Dubai house prices rise more sharply this year than previously thought, although plentiful supply is likely to ensure the city state

By Daren Butler ISTANBUL (Reuters) - The lira tumbled almost 8% against the dollar on Monday amid persisting investor concern over Turkey's monetary policy, having surged more than 50% last week after

By Julie Gordon OTTAWA (Reuters) - Canada's return to pre-pandemic job levels has likely sealed the deal on the Bank of Canada ending its quantitative easing program this month and, coupled with red

AMSTERDAM (Reuters) - Global staffing group Randstad on Tuesday reported second-quarter core earnings and revenue growth ahead of market expectations, driven by widespread demand for services across

WASHINGTON (Reuters) - The transition to clean energy required to prevent temperatures from rising swiftly could shave 2% off global GDP by 2050 but is likely recoverable before the end of the century

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - European Central Bank policymakers meeting last week sought a greater acknowledgement of inflation risks but were rebuffed by the bank's

June 2, 2021 WASHINGTON (Reuters) – Fed vice chair for supervision Randal Quarles said Tuesday a recent jump in inflation will prove transitory, even as...

FRANKFURT (Reuters) - Several euro zone commercial and central banks were left flying solo by a new glitch in the European Central Bank's payment system late on Monday as they lost access to their