The -0.7% month-on-month decline in retail sales coincided with a -0.3% decline in overall services activity in April. While surveys had previously indicated potential weakness in eurozone services for the second quarter, this concrete data confirms our expectations that GDP growth between April and June may have been negative.
China is considering doubling an investment channel local investors use to buy bonds overseas, according to people familiar with the matter, a major step in its efforts to loosen restrictions on financial flows.
Investing.com-- Most Asian stocks rose on Tuesday, shrugging off threats of increased U.S. trade tariffs as comments from President Donald Trump suggested that Washington remained open to more negotiation.
Oil prices fell in Asian trading on Tuesday as investors assessed the impact of President Donald Trump’s tariff hikes on key trade partners, while lingering oversupply concerns from rising OPEC+ output added further pressure.
Thailand's annual inflation rate was negative for a third straight month in June, driven by lower energy and food prices, but the commerce ministry said on Monday there was no sign of deflation yet.
Sri Lanka’s export earnings from rubber and rubber-finished products fell 9.33 percent year-on-year to US $ 73.60 million in May, as sheet rubber exports slumped 40.91 percent, indicating the persistent pressure on the key product categories in international markets, commodity broker Forbes and Walker said in its June rubber market report.
