At 53.1 in June, the headline seasonally adjusted S&P Global / CIPS Flash UK Composite Output Index was unchanged from the reading in May and posted above the neutral 50.0 value for the sixteenth consecutive month. However, the index was the joint-lowest seen over this period and much weaker than the average in the first quarter of 2022 (58.3). June data indicated that output growth […]
Japan share market finished session on a flat note on Thursday, 23 June 2022, after erasing early gains, as data showed Japanese factory output growth slowed in June. The au Jibun Bank flash Japan Manufacturing purchasing managers index (PMI) survey showed that Japanese manufacturing growth slipped to a seasonally adjusted 52.7 in June from a final 53.3 in May, marking the slowest expansion since February, […]
Indias foreign exchange reserves in nominal terms (including valuation effects) rose by $30.3 billion in 2021-22 fiscal against $99.2 billion expansion in FY2020-21, the Reserve Bank of India (RBI) data showed on Wednesday, 22 June 2022. On a balance of payments basis, excluding valuation effects, foreign exchange reserves increased by $47.5 billion during 2021-22 as compared with $87.3 billion during 2020-21. The valuation loss, reflecting […]
The private lender said that that R Subramaniakumar will replace Vishwavir Ahuja as the banks managing director & CEO for a period of three years with effect from 23 June 2022.
Australian share market eked out modest gains on Thursday, 23 June 2022, as investors assessed the risk of a global recession amid a string of rates hikes to stamp out inflation. ASX sectors closed mixed, with strength in financials and technology stocks helped to offset losses in materials and energy stocks At closing bell, the benchmark S&P/ASX200 advanced 19.90 points, or 0.31%, to 6,528.45. The […]

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