WASHINGTON, June 9 (Reuters) - The International Monetary Fund expects to further cut its forecast for global economic growth in 2022 next month, an IMF spokesperson said on Thursday, following moves by the World Bank and Organization for Economic Co-operation and Development (OECD) to cut their own forecasts this week.
BEIJING/HONG KONG, June 10 (Reuters) - Asian shares tracked Wall Street lower on Friday, while the dollar held on to its overnight gains after rate hike guidance from the European Central Bank and upcoming U.S. inflation data unnerved investors.
SEOUL, June 9 (Reuters) - Thousands of South Korean truckers went on strike for a third day on Thursday to protest the sharp surge in fuel costs, disrupting production, slowing activity at ports and posing new risks to a strained global supply chain.
TOKYO, June 10 (Reuters) - Oil prices fell on Friday but still hovered near three-month highs, with fears over new COVID-19 lockdown measures in Shanghai outweighing solid demand for fuels in the world's top consumer United States.
HONG KONG, June 10 (Reuters) - The dollar was at a two-week high on the euro on Friday, ahead of inflation data that should guide the Federal Reserve's policy tightening path, and after the European Central Bank said it would start its rate-hike campaign next month.
BEIJING, June 10 (Reuters) - China's factory-gate inflation cooled to its slowest pace in 14 months in May, official data showed on Friday, depressed by weak demand for steel, aluminium and other key industrial commodities due to tight COVID-19 curbs.
