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UPDATE 2-Canada returns to trade deficit position in March as imports surge

Canada's trade balance shifted back to a deficit in March following two consecutive months of surplus as imports jumped significantly while exports edged up slightly, Statistics Canada said on Tuesday. ....

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Growth in China's services sector slows in April - official PMI

By Reuters Staff
1 Min Read
BEIJING, April 30 (Reuters) - Activity in China’s services sector grew at a slower pace in April but remained well in expansionary territory, official data showed on Friday, as the domestic consumption recovery continued.
The official non-manufacturing Purchasing Managers’ Index (PMI) slipped to 54.9 from 56.3 in March, data from the National Bureau of Statistics (NBS) showed. The 50-point mark separates growth from contraction on a monthly basis.
While the recovery in China’s services sector, which includes many smaller and private companies, has lagged manufacturing, a gradual improvement in consumption has supported activity.
The official April composite PMI, which includes both manufacturing and services activity, fell to 53.8 from March’s 55.3. (Reporting by Colin Qian and Gabriel Crossley; Editing by Sam Holmes) ....

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RPT-Japan March core CPI falls 0.1% yr/yr

By Reuters Staff
(Repeats to additional alerts)
TOKYO, April 23 (Reuters) - Japan’s core consumer prices fell 0.1% in March from a year earlier, government data showed on Friday.
The core consumer price index, which includes oil products but excludes fresh food prices, compared with economists’ median estimate for a 0.1% annual fall.
Stripping away the effect of fresh food and energy, consumer prices rose 0.3% in March from a year ago. (Reporting by Leika Kihara Editing by Chang-Ran Kim) ....

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UK regulator says Issa's purchase of Asda raises some competition concerns

By Reuters Staff
1 Min Read
LONDON, April 20 (Reuters) - Britain’s competition regulator said on Tuesday it was concerned the Issa brothers and private equity group TDR Capital’s 6.8 billion pound ($9.5 billion) takeover of the Asda supermarket chain could lead to higher fuel prices for UK motorists.
The Competition and Markets Authority (CMA) said it has given the buyers five working days to offer legally binding proposals to address the competition concerns identified to avoid an in-depth phase 2 investigation. ($1 = 0.7153 pounds) (Reporting by James Davey; editing by Michael Holden) ....

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Canada adds 259,200 jobs in February, unemployment rate falls to 8.2%

By Reuters Staff
1 Min Read
OTTAWA, March 12 (Reuters) - Canada added 259,200 jobs in February, the biggest increase since September 2020 and handily beating analyst estimates, and the unemployment rate fell to 8.2%, Statistics Canada data showed on Friday.
Analysts had expected a gain of 75,000 jobs, with an unemployment rate of 9.2%. (Reporting by Julie Gordon in Ottawa; Editing by Alex Richardson) ....

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