Padraic Halpin

Dublin

Ireland Chief Correspondent at Reuters

@Reuters chief correspondent, Ireland. Co-founder @bandstandbusks, used to @raggedwords. The one in the back of the photo. Views all mine

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Articles

Irish GDP jumps 9.7% q/q on tariff-beating pharma exports to US

3 weeks ago | uk.marketscreener.com | Conor Humphries |Padraic Halpin

Published on 05/06/2025 at 11:40, updated on 05/06/2025 at 12:54 DUBLIN (Reuters) -Ireland's gross domestic product grew by a hefty 9.7% quarter-on-quarter in the first three months due to a surge in pharma exports to the U.S. ahead of threatened tariffs, likely further distorting the average growth rate across the euro zone.
Irish GDP jumps 9.7% q/q on tariff-beating pharma exports to US

3 weeks ago | ca.marketscreener.com | Conor Humphries |Padraic Halpin

Published on 2025-06-05 at 06:40, updated on 2025-06-05 at 07:54 DUBLIN (Reuters) -Ireland's gross domestic product grew by a hefty 9.7% quarter-on-quarter in the first three months due to a surge in pharma exports to the U.S. ahead of threatened tariffs, likely further distorting the average growth rate across the euro zone.
Irish Manufacturing Growth Continues Despite Export Challenges, PMI

3 weeks ago | gurutrade.com | Padraic Halpin |Toby Chopra

DUBLIN, June 3 (Reuters) - Ireland's manufacturing sector grew at a solid pace in May as strong domestic demand offset a second successive monthly decline in export orders due to subdued sales into the United States and Britain, a survey showed on Tuesday. The AIB Ireland Manufacturing PMI fell a touch to 52.6 from April's 53.0, but was above the 50.0 threshold indicating growth for the fifth consecutive month.
BoE’s Bailey says uncertain outlook demands careful approach to rate cuts

4 weeks ago | kfgo.com | Padraic Halpin

By Padraic HalpinDUBLIN (Reuters) -Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to future interest rate cuts was justified by ongoing uncertainty about the global trade picture and its impact on domestic inflation. “Reading that is very hard at the moment…. It’s why we keep using, as you know, these terms ‘gradual and careful’ in our approach,” he said in a question and answer session at a finance industry dinner in Dublin.
英中銀、追加利下げで慎重なアプローチ必要＝総裁

4 weeks ago | jp.reuters.com | Padraic Halpin

５月２９日、イングランド銀行（英中央銀行）のベイリー総裁（写真）は、国際貿易を巡る不確実性や国内物価への影響を踏まえると、今後の利下げに対する「段階的で慎重な」アプローチが正当化されると述べた。写真は同日、ダブリンで撮影（２０２５年ロイター/Clodagh Kilcoyne） [ダブリン２９日ロイター] - イングランド銀行（英中央銀行）のベイリー総裁は２９日、国際貿易を巡る不確実性や国内物価への影響を踏まえると、今後の利下げに対する「段階的で慎重な」アプローチが正当化されると述べた。ダブリンで開かれた金融業界の夕食会の質疑応答で「現時点でそうしたことを読み取るのは非常に難しい。だからこそ、われわれは『段階的で慎重な』という表現を使い続けている」と述べた。先週発表となった４月の同国の消費者物価指数（ＣＰＩ）は前年比３．５％上昇と、３月の２．６％上昇から伸びが大幅に加速した。公共料金の引き上げやイースター休暇中の航空運賃の値上がりが背景。もっと見る...
Progress made in Boeing and Airbus output, says leasing giant

1 month ago | irishexaminer.com | Padraic Halpin

Boeing and Airbus have made progress in boosting aircraft manufacturing, but there is “a way to go” to get a stable, predictable production cycle, the head of Irish aircraft leasing giant SMBC Aviation Capital said yesterday. The world’s third-largest aircraft lessor, which has over 250 planes on order with both manufacturers, also said tariffs could be a drag on that recovery and have the potential to delay production increases.
SMBC Proceeds From Russian Jet Insurance Settlements Hit $1.4B

1 month ago | claimsjournal.com | Padraic Halpin

Aircraft lessor SMBC Aviation Capital has booked a further $654 million in proceeds from insurance settlements over the past year related to jets stranded in Russia following Western sanctions, the Irish-headquartered company said on Thursday. That brought SMBC’s total recoveries from claims following the sanctions over Moscow’s war in Ukraine to $1.41 billion. It was one of six lessors that ended an Irish lawsuit against their insurers last month following a series of settlements.
Lessor SMBC says Boeing and Airbus output has made some progress

1 month ago | kfgo.com | Padraic Halpin |Tim Hepher

By Padraic Halpin and Tim HepherDUBLIN (Reuters) -Boeing and Airbus have made progress in boosting aircraft manufacturing, but there is “a way to go” to get a stable, predictable production cycle, the head of aircraft leasing giant SMBC Aviation Capital said on Thursday. The world’s third-largest aircraft lessor, which has over 250 planes on order with both manufacturers, also said tariffs could be a drag on that recovery and have the potential to delay production increases.
Banks eager to give out 'a lot more' loans for house building as billions available

1 month ago | irishexaminer.com | Padraic Halpin

Ireland's two dominant banks are not receiving enough demand from housebuilders to use all the funds they have earmarked for housing projects, executives said on Tuesday, highlighting the challenges Ireland faces in ramping up much needed supply. The lack of supply has pushed house prices up 162% from a 2013 trough and roughly doubling rents.
米中関税引き下げでリスク低下とＦＲＢ高官、利下げ予想9月に後ずれ

1 month ago | jp.reuters.com | Padraic Halpin |Howard Schneider

５月１２日、米連邦準備理事会（ＦＲＢ）当局者は米中両国が相互に発動した関税率を１１５％ポイント引き下げることで合意したことを受け、貿易戦争の影響が軽減される可能性があるとの見方を示した。写真は２０２２年６月、米ワシントンのＦＲＢで撮影（２０２５年ロイター/Sarah Silbiger） [ダブリン１２日ロイター] - 米連邦準備理事会（ＦＲＢ）当局者は１２日、米中両国が相互に発動した関税率を１１５％ポイント引き下げることで合意したことを受け、貿易戦争の影響が軽減される可能性があるとの見方を示した。米中は貿易問題を巡り１０─１１日にスイスのジュネーブで行った閣僚級協議で、関税率引き下げで合意したほか、上乗せ分の９０日間の停止、経済・貿易関係に関する協議メカニズムの構築で一致した。もっと見るＦＲＢのクーグラー理事はダブリンで開催されたアイルランド中央銀行のシンポジウムで、貿易摩擦による経済への影響は軽減される見通しで、ＦＲＢが金融政策で対応する必要性が低下する可能性があると指摘。...