Analysis-Euro’s bruising leaves global investors on edge
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – As the euro heads for its worst month since early 2022, analysts warn that a wild ride in the currency could…
Economy
3702 posts
New Zealand economy grows faster in year to March 2024, revised data shows
SYDNEY (Reuters) – New Zealand’s economy widened more than initially reported in the annual year ended March 2024, according to revised government data released on Wednesday. Gross domestic product (GDP)…
Morning Bid: Trump tariff threats reverberate in Asia
A look at the day ahead in European and global markets from Kevin Buckland Threats of fresh tariffs under a second Trump administration continue to unnerve Asian investors, with Japan…
Fed will cut rates by 25bps in December, expect slower easing in 2025- UBS
Investing.com– The Federal Reserve is likely to cut interest rates in December before switching to a slower pace of cuts in 2025, UBS said in note, stating that U.S. economic…
China Oct industrial profits narrow decline but demand remains weak
By Qiaoyi Li, Joe Cash and Liangping Gao BEIJING (Reuters) -China’s October industrial profits narrowed their earlier declines, helped by a low base the previous year, official data showed on…
Vietnam PM urges US to lift some high-tech export restrictions
HANOI (Reuters) -Vietnam’s Prime Minister Pham Minh Chinh on Wednesday urged the United States to lift export restrictions on some technology and said the country wanted to develop satellite communications.…
Asian stocks weak amid Trump tariff worries; yen firm
By Kevin Buckland TOKYO (Reuters) – Asian stocks were heavy on Wednesday as investors fretted over what countries could be targeted for tariffs under incoming U.S. President Donald Trump, a…
Sri Lanka eases monetary policy, sets new single benchmark rate
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s central bank set a new single policy rate of 8% on Wednesday, easing monetary settings below previously used benchmarks, in an effort to…
New Zealand cuts cash rate by 50 bps, flags further easing
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank cut the cash rate by 50 basis points to 4.25% on Wednesday, as annual inflation ran near the 2% midpoint…
China state media dismiss Trump’s tariff vow, focus on fentanyl
By Joe Cash BEIJING (Reuters) – China’s state media shrugged off U.S. President-elect Donald Trump’s pledge to slap additional tariffs on Chinese goods in editorials late on Tuesday, accusing the…