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Better Than Expected Q1 Growth Leads UK Out Of Recession

India, May 10 -- The UK economy ended a technical recession in the first quarter with the economic output growing better than expected and also marked the strongest since late 2021 led by a rebound in... Read More


Bank Of England Moves Closer To Rate Cut

India, May 9 -- The Bank of England left its key policy rate unchanged for the sixth consecutive meeting and signaled that the first rate cut since 2020 is on the horizon. The Monetary Policy Committe... Read More


Bank Of England Holds Rate For Sixth Straight Time

India, May 9 -- The Bank of England maintained its key policy rate for the sixth consecutive meeting on Thursday. The Monetary Policy Committee decided to hold the Bank Rate at 5.25 percent again in ... Read More


Malaysia Central Bank Holds Key Rate

India, May 9 -- Malaysia's central bank left its benchmark rate unchanged as widely expected on Thursday. The Monetary Policy Committee of Bank Negara Malaysia headed by Datuk Abdul Rasheed Ghaffour d... Read More


China Exports & Imports Rebound In April

India, May 9 -- China's exports and imports rebounded more than expected in April after a weak trade data in the previous month that boost hopes that net trade would support economic growth, official ... Read More


Philippine GDP Growth Improves Less Than Expected In Q1

India, May 9 -- The Philippine economy expanded at a faster pace in the first quarter but the rate fell short of expectations on weaker domestic demand growth amid tight monetary policy. Gross domest... Read More


China Exports Recover In April

India, May 9 -- China's exports rebounded more than expected in April on lower base of comparison, the customs office reported Thursday. Exports advanced 1.5 percent on a yearly basis in April, faste... Read More


Sweden Central Bank Hints At Two More Rate Cuts This Year

India, May 8 -- Sweden's central bank lowered its policy rate for the first time in eight years and signaled another two more rate reductions during the second half of the year as inflation approaches... Read More


Iceland Central Bank Holds Key Rate As Expected

India, May 8 -- Iceland's central bank left its benchmark interest rate unchanged at a 14-year high on Tuesday. The Monetary Policy Committee of the Central Bank of Iceland, chaired by Governor Asgei... Read More


German Industrial Production Declines In March

India, May 8 -- Germany's industrial production declined for the first time in three months in March driven by the decreases in consumer and intermediate goods output, official data revealed Wednesday... Read More