The European Central Bank may still be several interest rate cuts away from the level where it stops holding back economic growth, it said in a paper on Friday, though it
February 07, 2025
Global wheat imports are likely to drop this year as slowing economic growth among top buyers, a stronger greenback and higher local
February 07, 2025
Thailand is targeting economic growth of 3.5% this year, supported by tourism, foreign investment and government stimulus, a deputy finance minister said on Friday.
February 07, 2025
Singaporean banks are set to report stronger profits for the fourth quarter, but growth could take a hit this year as U.S.
February 07, 2025
The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years on Friday, as it seeks to boost the sluggish
February 07, 2025
China's new yuan loans likely surged in January compared to December but still remained below the record level hit a year earlier, a Reuters poll showed
February 07, 2025
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its
February 07, 2025
The world's leading central bank umbrella group, the Bank for International Settlements, has delivered its first public warning about the risks posed by U.S.
February 07, 2025
Argentine analysts nudged down their forecasts for this year's inflation, according to the central bank's market expectations survey published on Thursday, while also turning slightly more
February 06, 2025
A look at the day ahead in Asian markets.
February 06, 2025
The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp upward revision to its inflation forecasts for this year will prove temporary.
February 06, 2025
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would
February 06, 2025
German industrial orders rose significantly more than expected in December due to substantial growth in large-scale orders such as aircraft, ships, trains and military vehicles, the
February 06, 2025
The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the COVID-19 pandemic in 2020, as it
February 06, 2025
The Czech Republic’s central bank has cut its key interest rate again amid higher than expected inflation
February 06, 2025
The European Central bank may need to cut interest rates below a neutral level to stimulate economic growth as inflation is at risk of falling
February 05, 2025
Italy's growth this year and next will be weaker than the government's official targets, the country's budget watchdog said on Wednesday, casting a shadow over
February 05, 2025
Italy's services sector grew marginally in January but underlying demand conditions remained weak and employment levels decreased, a survey showed on Wednesday.
February 05, 2025
Euro zone business activity returned to growth at the start of the year after two months of contraction as demand stabilised, a survey showed on Wednesday.
February 05, 2025
Germany's service sector began 2025 on a positive note, with business activity growth reaching a six-month high and employment seeing a modest rise, a survey showed on Wednesday.
February 05, 2025
Russia's services sector saw its fastest growth in a year in January, buoyed by a sharp increase in new business, a survey showed on Wednesday.
February 05, 2025
Indonesia's economy grew 5.03% in 2024, roughly similar to the previous year's rate and in line with expectations, but the pace was the
February 05, 2025
Thailand's government will implement the third phase of its 450 billion baht ($13.4 billion) stimulus scheme in the second quarter of 2025, and will also discuss more measures
February 05, 2025
China's services activity expanded at a slower pace in January, with the Lunar New Year holidays worsening employment, but business sentiment improved, a private sector survey
February 05, 2025
Japan's service activity expanded for a third straight month in January, helped by a rebound in new export business on Asian demand, a private-sector survey showed on Wednesday.
February 05, 2025
Private sector analysts expect the Mexican economy to grow 1.00% this year, a slight drop from their December forecast, a Mexican central bank survey showed on Tuesday.
February 04, 2025
Egypt's non-oil private sector expanded in January, marking its best performance in over four years and its first growth since August as output and sales volumes increased, a
February 04, 2025
Australian household spending rose for a third straight month in December due to higher discretionary spend, data showed on Tuesday, suggesting consumption is picking up after a
February 04, 2025
U.S.
February 03, 2025
European Central Bank policymaker Gediminas Simkus said on Monday he expected an interest rate cut in March and "a couple more" in the following months.
February 03, 2025
Spain's manufacturing sector lost momentum at the start of 2025, as both output and new orders rose at a much slower pace than in December, a survey showed on Monday.
February 03, 2025
Hong Kong's economy increased in the fourth quarter by 2.4% from a year earlier, official advance estimates showed on Monday, expanding for an eighth quarter.
February 03, 2025
European Central Bank interest rates have room to fall further given weak growth and a slowdown in inflation, but uncertainty is so high that any more precise guidance on rates
February 03, 2025
Australian retail sales dipped in December as pay back for a Black Friday splurge the month before, but discounting helped shoppers make a desperately-needed
February 03, 2025
French Prime Minister Francois Bayrou urged the European Central Bank to cut rates faster to help bolster economic growth in Europe now that inflation is back to normal levels,
February 01, 2025
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, which is projected to grow at its slowest pace in four
February 01, 2025
India slashed personal tax rates in its annual budget on Saturday, as the world's fifth largest economy focuses on
February 01, 2025
Bridging the Divide: How Smaller Communities Can Thrive in the Tech Economy
January 31, 2025Portugal's budget surplus plunged by 95% in 2024 after Prime Minister Luis Montenegro's government cut taxes for families and businesses and raised wages and pensions to boost the
January 31, 2025
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, suggesting the Federal Reserve would
January 31, 2025
Indonesia's additional budget of 100 trillion rupiah ($6.14 billion) for its programme to give free meals to school children this year will add nearly 2 percentage points to the
January 31, 2025
European Central Bank policymakers backed further policy easing on Friday just a day after the bank's fourth straight rate cut, despite fresh surveys pointing to
January 31, 2025
Thailand's economic growth may falter at under 2.9% this year after a weaker-than-expected fourth quarter despite a
January 30, 2025
The European Central Bank cut interest rates on Thursday and policymakers guided for a further reduction in March as concerns over
January 29, 2025
A further European Central Bank interest rate cut is likely to go through in March without much resistance among policymakers before the debate between them on further easing
January 30, 2025
Greece's economy is projected to grow 2.1% in 2025, mainly driven by investment, the International Monetary Fund mission said on Thursday, adding that any crisis in major euro area
January 30, 2025
Traders grew more confident on Thursday that the European Central Bank would deliver three more rate cuts this year, as weak growth data followed
January 30, 2025
The US economy just had another robust year
January 30, 2025
The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about
January 30, 2025
The Philippine economy expanded a lower than expected 5.2% in the fourth quarter from a year earlier, official data showed on Thursday, weighed down
January 30, 2025
The Federal Reserve left interest rates in the 4.25% to 4.50% target range on Wednesday and gave little insight into when further easing may take place in an economy where inflation remains
January 29, 2025
More Indians are becoming less hopeful about their quality of life as stagnant wages and higher living costs cloud future prospects, a survey showed, in disappointing news for
January 29, 2025
British finance minister Rachel Reeves is expected to back the expansion of Heathrow Airport on Wednesday, turning to the country's most controversial infrastructure project in her
January 28, 2025
U.K. Treasury chief Rachel Reeves says that the new Labour government is backing the construction of third runway at London’s Heathrow Airport
January 29, 2025
Peru, the world's no. 2 copper exporter, plans to issue up to three sovereign bonds this year to finance its ballooning fiscal deficit after economic growth edged
January 29, 2025
Britain's Labour government will back the construction of a third runway at London's Heathrow Airport to boost trade and economic growth, finance
January 29, 2025
Sweden's central bank cut its key policy rate to 2.25% from 2.50% as expected on Wednesday to boost sluggish economic growth and said its forecast for interest rates held though
January 29, 2025
The Bank of Japan will likely raise interest rates again around June or July, and seek to triple its policy rate to at least 1.5% in the next two
January 28, 2025
Canadian wholesale trade most likely rose 0.1% in December from November, largely driven by higher sales in the motor vehicle and motor vehicle parts and accessories subsector,
January 27, 2025
Russia could face a wave of corporate bankruptcies this year as the share of enterprises with risky levels of debt in total corporate revenue doubled in 2024, a leading think tank
January 27, 2025
China's January non-manufacturing activity grew but at a slower pace than in December, an official survey showed on Monday, suggesting policymakers need to introduce even more
January 27, 2025
British industry and energy minister Sarah Jones said that meetings in Davos this week with CEOs considering where to make their
January 24, 2025
General Motors reports its fourth-quarter financial results on Tuesday, The Federal Reserve wraps up its two-day policy meeting on Wednesday and on Thursday the Commerce Department issues its first estimate of how the U.S. economy performed in the final quarter of 2024
January 24, 2025The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut
January 24, 2025
China's factory activity likely expanded for a fourth month in January, highlighting the supply-side strength of the world's No.2 economy, which is bracing for U.S. tariff hikes
January 24, 2025
China's fiscal revenue in 2024 grew 1.3% from a year earlier, slowing sharply from a 6.4% rise in 2023, finance ministry data showed on Friday, as a protracted property market slump
January 24, 2025
France's services sector shrank further in January as businesses faced weak demand and political uncertainty, according to a closely-watched business survey by S&P Global published
January 24, 2025
Euro zone business began the new year with a modest return to growth as stable services activity in January was complemented by an easing of the long-running
January 24, 2025
Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5% in the third quarter to lift its population out of
January 23, 2025
Canada's retail sales were flat in November as consumers purchased less from supermarkets, grocery stores, alcohol outlets and furniture shops but the numbers
January 23, 2025
The head of Bangladesh's interim government, Nobel laureate Muhammad Yunus, said on Thursday that his country's high growth under
January 23, 2025
Singapore's key consumer price gauge rose 1.8% in December from a year earlier, more than economist forecasts and the lowest in more than three years, official
January 23, 2025
New Zealand will relax rules to lure foreign investment, Prime Minister Christopher Luxon said on Thursday, as his centre-right government tries to spur economic growth and boost jobs.
January 23, 2025
The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final
January 23, 2025
A speech by U.N. Secretary-General Antonio Guterres criticizing fossil fuel use and warning of the perils of artificial intelligence has headlined the agenda at the World Economic Forum’s annual event in Davos
January 22, 2025
British finance minister Rachel Reeves has forced out the chairman of the country's competition watchdog, saying he did not agree with her views on how to speed up the country's
January 22, 2025
Britain's government should set out what failures would be acceptable if regulations are eased in the push for economic growth, the bosses of the Financial Conduct
January 22, 2025
The Bank of Israel could reduce short-term interest rates one or two times in the second half of 2025 as long as inflation moves back below 3%, Governor Amir Yaron
January 22, 2025
U.S.
January 21, 2025
After two years of progress on inflation and surprisingly persistent economic growth, the Federal Reserve next week meets with one eye on new Trump
January 21, 2025
Economists are split on whether Singapore's central bank will loosen monetary policy this week or leave its settings unchanged to wait to see what policies U.S.
January 21, 2025
Nigeria plans to rebase its gross domestic product and inflation data by the end of the month to capture changes in certain sectors of the economy and to reflect current consumption
January 20, 2025
The Bank of England (BoE) is open to discussions with Britain's government about new ways to help boost economic growth by paring back regulatory requirements for the financial
January 20, 2025
Guyana's economy achieved its fifth consecutive year of double-digit growth in 2024, expanding 43.6% as oil output and exports showed solid
January 17, 2025
China notified the International Monetary Fund on Thursday that its economy grew by 5% in 2024, IMF Chief Economist Pierre-Olivier Gourinchas told reporters,
January 17, 2025
Britain's finance watchdog told the government on Friday that it would "take greater risks" to support its drive for more economic growth
January 17, 2025
As investors seek assets that will shine under a Donald Trump presidency, one corner of the U.S. stock market expected to benefit from the Republican's policies
January 17, 2025
China's commerce ministry kicked off subsidised auto trade-ins on Friday, extending a program likened to the U.S. "cash-for-clunkers" stimulus that had bolstered China's car sales
January 17, 2025
Investors who had been enjoying a brief rebound in long-suffering UK markets are hunkering down for a stretch of losses as
January 17, 2025
Finance minister Rachel Reeves has urged Britain's regulators to remove barriers to economic growth, tasking them with creating a regulatory environment that boosts investment and
January 16, 2025
J.P.Morgan estimated spending on data centers could contribute between 10-20 basis points to U.S. economic growth in 2025-2026 as technology companies race to benefit from
January 16, 2025
U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong demand in the economy and further
January 16, 2025
American consumers wrapped up the year in a spending mood, shopping for all sorts of merchandise from furniture to clothing, and eating out at restaurants, according to the latest government snapshot
January 16, 2025
U.S. business inventories rose marginally in November, suggesting that restocking will probably not contribute to economic growth in the fourth quarter.
January 16, 2025
Greece has received 18 billion euros ($18.5 billion) in grants and loans from the European Union's Recovery Fund since 2021, equivalent to about 8% of its economic output, the
January 16, 2025
Britain's finance minister Rachel Reeves said on Thursday she would press regulators on what more her government can do to deliver growth after data showed the country's economic
January 16, 2025
South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday and signalled it needs to wait for the domestic political
January 16, 2025
Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told lawmakers in an annual address to the national assembly and other
January 15, 2025
Provisional indicators point to Portugal's economic growth having accelerated in the fourth quarter, giving the government greater confidence that this year's
January 15, 2025
Spain expects even more tourists to flock to the country in 2025 after an estimated record 94 million foreigners visited last year, 10% more than in 2023, Tourism Minister Jordi
January 15, 2025
Indonesia's central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to prop up growth in Southeast Asia's
January 15, 2025
President Joe Biden's tenure in the White House is ending with a gulf between his policy record and his public reputation
January 14, 2025
Italian industrial output was marginally stronger than expected in November, rising 0.3% from the month before, data showed on Tuesday, but the country's manufacturing sector
January 14, 2025China's economic growth is likely to slow to 4.5% in 2025 and cool further to 4.2% in 2026, a Reuters poll showed, with policymakers poised to roll out fresh stimulus
January 14, 2025
India plans to project higher economic growth for the next fiscal year, two government officials with direct knowledge of the matter said, adding that fiscal
January 14, 2025
The European Central Bank will keep cutting interest rates and should end policy restriction in the coming months, but looming trade tariffs, which may not even be effective,
January 14, 2025
China's exports gained momentum in December, with imports also showing recovery, though strength at the year-end was in part fuelled by
January 13, 2025
China has ample fiscal policy space and tools to support economic growth this year and it will step up spending to spur investment, Vice Finance Minister Liao Min said on Friday.
January 10, 2025
India's industrial output growth hit a six-month high of 5.2% year-on-year in November helped by a strong rise in output of consumer durables and capital goods, government data
January 10, 2025
Malaysia's industrial production rose 3.6% from a year earlier in November, above market expectations, government data showed on Friday.
January 10, 2025British households' expectations for inflation rose in December, according to a survey published on Thursday that may add to concerns among investors about the slow pace of future
January 09, 2025
Euro zone retail sales grew less than expected in November, confirming that consumption remains in the doldrums and adding to a recent string of gloomy data about the health of
January 09, 2025
U.S. wholesale inventories fell 0.2% in November, as initially estimated last month, amid sharp declines in stocks of long-lasting manufactured goods like motor vehicles and
January 08, 2025
Tanzania's central bank left its key interest rate unchanged at 6% on Wednesday, holding it steady for a third consecutive policy meeting, with an aim of
January 08, 2025China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year, in an effort to revive sluggish domestic demand, an
January 08, 2025
After world-beating economic growth last year, India's policymakers are scrambling to head off a sharp slowdown as worsening global conditions
January 08, 2025
Job vacancies in Australia rebounded in the November quarter to break nine straight quarters of declines, data showed on Wednesday, in a further sign of resilience in the labour
January 08, 2025
The Bank of Japan will likely keep raising interest rates in the coming years as inflation appears on track to sustainably hit its 2% target, said former governor
January 08, 2025
Argentina's economy is seen expanding by 4.5% in 2025 while the country's inflation rate is estimated to end this year at 25.9%, according to the average forecast of analysts
January 07, 2025
Fitch Ratings on Tuesday upgraded its rating for El Salvador to B- from its prior CCC+ status, along with a stable outlook, citing a reduction in financing needs helped by a recently
January 07, 2025
Euro zone inflation accelerated in December, an unwelcome but anticipated blip that is unlikely to derail further interest rate cuts from the European Central Bank.
January 07, 2025
Brazil's Finance Minister Fernando Haddad said on Tuesday that the country's economic growth likely hit 3.6% in 2024, while the primary deficit for the year is
January 07, 2025
Brazil's federal tax revenue posted double-digit growth in November, the revenue service said on Tuesday, maintaining the strong momentum seen this year as the government works to
January 07, 2025
Kenya's economic growth slowed in the third quarter of 2024 from the same period a year earlier due to underperformance in most sectors of the economy, the statistics office said
January 07, 2025
The number of foreclosed homes in China rose in 2024 from the previous year, a private-sector survey showed on Tuesday, heightening concerns about mortgage delinquencies amid a
January 07, 2025
New orders for U.S.-manufactured goods fell in November amid weakness in demand for commercial aircraft while business spending on equipment appeared to have slowed in the fourth
January 06, 2025
The Bank of Israel left interest rates unchanged for the eighth straight meeting on Monday, citing expectations of higher inflation and economic uncertainty due
January 06, 2025
Kenya's private sector activity expanded very slightly in December, with growth slowing a little from a month earlier but remaining supported by increased customer sales, a survey
January 06, 2025
Spain's service sector expanded in December at its fastest pace since April 2023, driven by a sharp rise in new business and a recovery in activity following the country's deadly
January 06, 2025
Germany's service sector experienced a slight uptick in business activity in December, bringing it back into growth territory despite increasing price pressures, a survey showed on
January 06, 2025
The Italian service sector returned to growth in December, recovering from November's brief period of contraction, although new business declined for a second month in a row, a survey
January 06, 2025
Thailand inflation rate returned to the target range for the first time since May last year, lifted by higher energy and food prices, the commerce ministry said on Monday.
January 06, 2025
The United Arab Emirates' non-oil private sector expanded at its fastest pace in nine months in December, driven by strong demand and increased business activity, a survey showed on
January 06, 2025
Vietnam's economy expanded 7.09% last year to $476.3 billion, faster than the 5.05% expansion in 2023, driven by strong exports and robust foreign
January 06, 2025
Thailand's central bank is ready to adjust monetary policy if the outlook changes as the economy is facing heightened uncertainty
January 06, 2025
The Bank of Israel is expected to leave short-term interest rates unchanged for an eighth straight policy meeting this week, although analysts believe a rate cut
January 05, 2025
Strong demand drove growth in Saudi Arabia's non-oil business sector in December, albeit at a slightly slower pace than the previous month, a survey showed on Sunday.
January 05, 2025
Hong Kong's deficit for this fiscal year is expected to be just below HK$100 billion ($13 billion), the city's finance chief said on Saturday.
January 04, 2025
Oil prices edged higher on Friday and were on track for weekly gains as cold weather in Europe and the U.S. as well as additional economic stimulus flagged by
January 03, 2025
Spain ended 2024 with 2.56 million people unemployed, the fewest in December since 2007, the Labour Ministry said on Friday on its website.
January 03, 2025
China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state
January 03, 2025
Spain's manufacturing sector ended 2024 on a strong note, with both output and new orders accelerating in December, a survey by S&P Global showed on Thursday, in a stark contrast
January 02, 2025
Venezuela's economy grew over 9% in 2024, President Nicolas Maduro said, according to a transcript of an interview published by Mexican media outlet La Jornada on Wednesday.
January 01, 2025
Stocks just did something they haven’t done in nearly three decades
December 31, 2024
Oil prices fell around 3% in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and the U.S.
December 31, 2024
China's 2024 gross domestic product (GDP) is expected to exceed 130 trillion yuan ($17.8 trillion), President Xi Jinping said on Tuesday in his New Year's address, adding that the
December 31, 2024
Kenya's consumer price inflation
France's delayed 2025 budget bill will target a deficit of "slightly above 5%" in order to protect growth, the country's new finance minister said in a newspaper interview.
December 29, 2024
British Prime Minister Keir Starmer has asked the country's regulators, including the financial and competition watchdogs, to remove barriers to growth in an effort to revive a
December 28, 2024
U.S. tech investor Cathie Wood is calling on Donald Trump's incoming administration to boost economic growth and policy certainty by backdating promised corporate and
December 27, 2024
China said on Friday its 2023 gross domestic product was revised upward due in part to changes in housing sector calculation methods, which would also affect the size of the
December 27, 2024
India's economy is expected to grow at around 6.5% in fiscal year 2024/25, closer to the lower end of its 6.5%-7% projection, as global uncertainties pose a dampening threat, the government
December 26, 2024
The World Bank raised on Thursday its forecast for China's economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property
December 26, 2024
A survey shows small business owners are feeling more optimistic about the economy following the election
December 24, 2024
Thailand is planning a small rise in spending of 3.78 trillion baht ($110.7 billion) for the 2026 fiscal year and a slightly lower deficit of 860 billion that year, the government
December 24, 2024
Thailand's cabinet on Tuesday approved new minimum wage increases from January, tax breaks to boost spending and the second phase the government's signature handout scheme, the
December 24, 2024
China will ramp up fiscal support for consumption next year by raising pensions and medical insurance subsidies for residents as well as expanding consumer goods trade-ins, its
December 24, 2024
The Bank of Canada's decision to cut rates by 50 basis points on Dec 11 was a close call, with some members of the governing council suggesting a smaller
December 23, 2024
Portugal posted a budget surplus of 1% of gross domestic product in the 12 months ended in September, down from a surplus of 1.2% a year earlier, the National Statistics Institute
December 23, 2024Brazil recorded a current account deficit of $3.1 billion in November, the central bank said on Monday, widening the 12-month shortfall mainly due to a weaker trade surplus.
December 23, 2024
Spain's gross domestic product grew 0.8% in the third quarter, the country's National Statistics Institute (INE) said on Monday, confirming the expectations of analysts polled by Reuters
December 23, 2024
South Korea's finance minister said on Monday some slowdown in economic growth would be unavoidable as the government prepares to revise forecasts for this year and next year due to
December 23, 2024
Canada's retail sales in October were marginally lower than expected as a jump in new car sales offset consumers' reduced purchases at supermarkets, grocery
December 20, 2024
Morale among Italian businesses and consumers moved in opposite directions in December, data showed on Friday, with sentiment among firms recovering from recent lows but consumer
December 20, 2024
Taiwan's central bank on Thursday raised this year's growth forecast for the tech powerhouse island but flagged risks for next year centred on the trade
December 19, 2024
South Korea's potential economic growth rate is estimated to have fallen to around 2% and is projected to fall further below 1% by the late 2040s due to a lack of innovation and
December 19, 2024
The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse sentiment after the U.S.
December 19, 2024
Macao has grown from a monopoly-driven gambling enclave into the world's biggest gaming hub, packed with Chinese tourists, since Beijing took control of the former Portuguese colony 25 years ago
December 19, 2024
U.S. healthcare spending rose by 7.5% to $4.9 trillion in 2023, driven by increased use of medical services as enrollment climbed for private health plans,
December 18, 2024
Mozambique's 2024 economic growth is likely to be revised down from a previous forecast of 4.3% due to post-election civil unrest and the impact of Cyclone Chido
December 18, 2024
British inflation hit an eight-month high in November, but the rise in services prices - watched closely by the Bank of England as an
December 18, 2024
South Korea's central bank will maintain its inflation target of 2% until the next policy review, as the era of "low-inflation" is unlikely to come in a year or two, the bank's
December 18, 2024
Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday shopping season
December 17, 2024
U.S. retail sales increased more than expected in November as households stepped up purchases of motor vehicles and online merchandise, consistent with strong
December 17, 2024
Americans may have to actually brace for stagflation with Trump tariffs
December 17, 2024Since Donald Trump's election to a second term last month, Federal Reserve policymakers including Chair Jerome Powell have said it is too soon to factor in the U.S.
December 17, 2024
Greek stocks are fast becoming a popular option for investors, with some expecting an upgrade to coveted developed-market status next year, as the economy outpaces its
December 17, 2024
Italy's growth rebound from the COVID-19 pandemic is petering out much faster than expected as structural weaknesses resurface, raising risks for the fragile public
December 17, 2024
South Korea's monetary policy board members said there was a need to respond quickly and preemptively to a slowing economy, as they decided to lower interest rates for a second
December 17, 2024
The Philippine central bank will cut its key policy rate by a quarter point for the third time in a row on Thursday as inflation stays under control and the
December 17, 2024
Singapore's non-oil domestic exports rose 3.4% in November from the same month a year earlier, data on Tuesday showed, as shipments of electronics increased while non-electronics
December 17, 2024China's industrial output rose 5.4% from a year earlier in November, quickening from October's 5.3% growth, signalling tentative stabilisation in the world's second-largest economy
December 16, 2024
The Bank of Thailand (BOT) will keep its key interest rate unchanged on Wednesday after a surprise October trim, according to a Reuters poll of
December 16, 2024
European stocks slipped on Friday, taking the main benchmark to its first weekly decline in three, as investors sought clarity on the pace of monetary
December 13, 2024
New bank lending in China rose by far less than expected in November, highlighting weak credit demand in the world's second-largest economy as policymakers
December 13, 2024
An acute shortage of construction workers could undermine the foundations of British government plans to get 1.5 million homes built by 2029 in England
December 13, 2024
President-elect Donald Trump rang the opening bell at the New York Stock Exchange after being recognized by Time magazine as its person of the year
December 12, 2024
A handful of European Central Bank policymakers initially wanted a larger interest-rate cut on Thursday, worried among other things that new U.S. tariffs would hamper economic
December 12, 2024
Stifel expects the S&P 500 index to peak in the first half of 2025, then fall 10% to 15% in the second half of the year, the brokerage said on Thursday citing concerns about slower
December 12, 2024China pledged on Thursday to increase the budget deficit, issue more debt and loosen monetary policy to maintain a stable economic growth rate as it
December 12, 2024
The European Central Bank cut interest rates for the fourth time this year on Thursday and kept the door open to further easing ahead as inflation closes in on its goal and the
December 12, 2024
India's industrial output rose to a three-month high of 3.5% year-on-year in October, helped by a pickup in consumer durables and garment manufacturing during the festival season,
December 12, 2024
Germany will grow by only 0.4% next year if it fails to overcome structural challenges but can achieve 1.1% growth if the right economic policy course is set, the
December 12, 2024
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated
December 11, 2024
BNY expects a U.S. economic growth boost under the new Donald Trump U.S. presidency and is investing in artificial intelligence and services
December 11, 2024
The Bank of Canada slashed its key policy rate by 50 basis points to 3.25% on Wednesday to help address slower growth, though Governor Tiff
December 11, 2024
China's top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher U.S. trade tariffs as Donald Trump returns to the White House.
December 11, 2024
Australia's central bank is ready to respond "with force" should potential U.S. tariffs hit global trade and threaten growth at home, a top official said on Wednesday, a day after
December 11, 2024
The World Bank downgraded Kenya's economic growth estimate for this year to 4.7% on Tuesday, from an initial 5.0%, citing the impact of floods, anti-government
December 10, 2024
Australia's central bank is getting closer to joining its peers in cutting interest rates, having sat tight for over a year now, but much will depend on
December 10, 2024
India retail inflation likely fell to 5.53% in November after breaching the central bank's 6% upper tolerance band as the arrival of fresh
December 10, 2024
China will adopt an "appropriately loose" monetary policy next year, the first easing of its stance in some 14 years, alongside a more proactive fiscal
December 09, 2024
China's new yuan loans are expected to have almost doubled in November from October, a Reuters poll showed on Monday, demonstrating firmer credit demand as Beijing's
December 09, 2024
China's consumer inflation hit a five-month low in November as fresh food prices pulled back while factory deflation persisted, suggesting Beijing's recent efforts to shore up
December 09, 2024
U.S. investors snapped up equity funds for a fifth successive week through Nov. 4, motivated by a rally in Wall Street's main indexes, optimism for strong economic growth, and expectations
December 06, 2024
One of Britain's leading employers' groups on Friday cut its estimate for economic growth next year due to measures in the new government's first budget,
December 06, 2024
South Africa’s overall mining profits slipped by more than $5 billion in the last financial year
October 04, 2023
British Prime Minister Keir Starmer has vowed to take on the “alliance of naysayers” and the bureaucratic “nonsense” that have hampered construction projects in the U.K. Starmer outlined a series of new pledges that he will hope will change the narrative on his five-month-old government following a slide in its approval ratings
December 05, 2024
The U.S. trade deficit contracted sharply in October as imports declined by the most since late 2022, potentially positioning trade to contribute to economic growth in the
December 05, 2024
Canada's fiscal targets over the next few years will be tougher to achieve as a promised Christmas handout last month by Prime Minister Justin Trudeau amplifies
December 05, 2024
Spain's seasonally- and calendar-adjusted industrial output grew 1.9% in October from the same month a year earlier, official data from the country's national statistics institute (INE)
December 05, 2024
U.S. services sector activity slowed in November after posting big gains in recent months, but remained above levels consistent with solid economic growth in the fourth quarter.
December 04, 2024
New orders for U.S.-manufactured goods rebounded marginally in October while business spending on equipment appeared to have softened early in the fourth quarter.
December 04, 2024
BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth more broadly, although rising U.S.
December 04, 2024
Mexico's government announced on Wednesday that it will raise the minimum wage by 12% starting next year in a bid to help the poorest workers, as the new leftist president
December 04, 2024
While it seems increasingly unlikely the U.S. economy is headed for recession, small businesses still face headwinds like higher costs and difficulty retaining qualified workers
February 27, 2024
The world economy is set for steady growth in the next two years if resurgent protectionism does not derail a recovery in global trade, the Organisation for Economic
December 04, 2024
The World Bank will publish more of its proprietary data, including on debt defaults, starting next week as part of a push to attract more private sector investment to
April 26, 2024
Activity across Russia's services sector expanded for a fifth month running in November and at its fastest pace since January, a business survey showed on Wednesday, driven by a rise in
December 04, 2024
Growth in Ireland's services sector rose in November to its highest since April last year as new domestic and export orders increased, a survey showed on Wednesday.
December 04, 2024
China's services activity expanded at a slower pace in November, pressured by easing new business growth, including in exports, a private sector survey showed, as the economy
December 04, 2024
Credit ratings agency Moody's affirmed South Africa's Ba2 rating on Tuesday, highlighting the country's robust financial sector and external position following a recent regime change.
December 03, 2024
The Bank of Japan will raise interest rates again if trend inflation accelerates toward its 2% target as expected, governor Kazuo Ueda said, keeping alive market
May 07, 2024
Regional mayors across England will be given new powers to boost economic growth and attract investment, British finance minister Rachel Reeves said on Tuesday during a
December 03, 2024
The Russian central bank is set to raise its benchmark interest rate by another 200 basis points to 23% at its Dec. 20 board meeting after the
December 03, 2024
The world's debt stock surged by over $12 trillion in the first three quarters of 2024 to a fresh record of nearly $323 trillion, thanks to falling borrowing costs
December 03, 2024
Import tariffs expected to be implemented by the administration of U.S.
December 03, 2024
South Africa's economy unexpectedly shrank in the third quarter of this year as a drought caused a big drop in agricultural production, but analysts said they
December 03, 2024
Euro zone business activity expanded at its quickest rate in a year in May as growth in the bloc's dominant services industry outpaced contraction in manufacturing, according to
June 21, 2024
Australia's government ramped up spending on infrastructure and defence in the third quarter, data showed on Tuesday, making a vital contribution to economic growth as
December 03, 2024
The Bank of Japan will skip raising interest rates at its policy-setting meeting at the end of July as it looks to boost tepid economic growth, more than three-
July 19, 2024
U.S.
July 27, 2024
Brazil's economic growth is estimated to have slowed in the third quarter from a solid performance in the previous three-month period, though it probably
December 02, 2024
Chinese leaders signalled on Tuesday that the stimulus measures needed to reach this year's economic growth target will be directed at consumers,
July 30, 2024
Spain's manufacturing sector expanded at a slower pace in November, hindered by the severe floods in the region of Valencia on the eastern coast, a survey showed on Monday, though
December 02, 2024
India's central bank is under increasing political pressure to cut interest rates as soon as this week, after data showed growth was much
December 02, 2024
The Indian government is taking steps to achieve its economic growth target of 6.5%-7% this fiscal year, the economic affairs secretary said on Monday, after slower-than-expected growth
December 02, 2024
Euro zone manufacturing activity remained mired in contraction in July amid a broadbased malaise, with output declining at its fastest pace this year, according to a survey which
August 01, 2024
China should ramp up its fiscal stimulus to spur economic growth and set a firm inflation target to prevent the country falling into a "low inflation trap", a central bank policy
August 02, 2024
The Bank of England's first interest rate cut in more than four years will help to foster a cautious sense of optimism about Britain's long-struggling economy,
August 02, 2024
A selloff that rocked equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries over the U.S
August 04, 2024
Australia appointed Tesla chair Robyn Denholm on Monday to lead a review of the country's research and development performance, in an attempt to improve economic
December 02, 2024
Britain's economy recorded a second quarter of strong growth as it recovered from last year's shallow recession but it lost momentum as it entered
August 15, 2024China's factory activity expanded at the fastest pace in five months in November as new orders, including those from abroad, led to a solid rise in production, pushing
December 02, 2024
Global stocks will brush aside recent market turmoil and gain modestly from current levels in coming months, according to a Reuters poll of
August 21, 2024
Germany's federal and regional state governments' tax revenue fell strongly in July compared with the same month last year due to a sharp decline in revenue from
August 21, 2024
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