Economy

(Reuters) -U.S. President Joe Biden on Tuesday announced a $3 billion investment from his Inflation Reduction Act to improve the country’s port infrastructure. The investment includes $147 million in awards…

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Economy

BOK board member Chang said property market risks need further checks, minutes show

October 29, 2024

SEOUL (Reuters) – A voting Bank of Korea board member, Chang Yong-sung, who dissented in its decision to cut interest rates on Oct. 11, said any rate reduction should be…

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Economy

Exclusive-Eyeing US election, China considers over $1.4 trillion in extra debt over next few years, say sources

October 29, 2024

(Reuters) – China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy,…

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Economy

Germany needs reform and investment to overcome recession, says IMF Europe head

October 29, 2024

BERLIN (Reuters) – Germany needs both structural reforms and more investment in public infrastructure to overcome recession, the European head of the International Monetary Fund said in an interview with…

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Economy

Thai government pushes for higher inflation target at BOT meeting

October 29, 2024

BANGKOK (Reuters) -Thailand’s inflation target should work to lift inflation above 1%, the finance minister said on Tuesday, before a meeting with the central bank where he hoped to be…

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Economy

More companies planning price hikes in Germany, survey finds

October 29, 2024

BERLIN (Reuters) – Companies in Germany’s industrial, retail and corporate services sectors are planning more price increases, bringing inflation on track to rise to the European Central Bank’s 2% target,…

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Economy

Wall Street regulator pledges to press on amid Trump threats, political pressure

October 29, 2024

By Lananh Nguyen and Douglas Gillison LAS VEGAS/WASHINGTON (Reuters) – Gary Gensler, chair of the U.S. Securities and Exchange Commission, said on Monday that he would continue his work to…

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Economy

Analysis-Risk of German coalition breaking up rises, fate hinges on FDP liberals

October 29, 2024

By Andreas Rinke, Christian Kraemer and Sarah Marsh BERLIN (Reuters) – Chancellor Olaf Scholz announced this month a summit of industry leaders to discuss how to save Germany’s flailing economy.…

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Economy

Risk spotlight swings to earnings avalanche

October 29, 2024

A look at the day ahead in European and global markets from Kevin Buckland Earnings are very much front and centre on Tuesday, particularly with markets mostly treading water as…

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Economy

Hong Kong home prices decline for fifth month in Sept

October 29, 2024

HONG KONG (Reuters) – Hong Kong’s home prices dropped for the fifth consecutive month in September, official data showed on Tuesday, in a struggling property market that realtors expect to…

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Popular Topics

Biden announces $3 billion investment for US ports

BOK board member Chang said property market risks need further checks, minutes show

Exclusive-Eyeing US election, China considers over $1.4 trillion in extra debt over next few years, say sources

Germany needs reform and investment to overcome recession, says IMF Europe head

Thai government pushes for higher inflation target at BOT meeting

More companies planning price hikes in Germany, survey finds

Wall Street regulator pledges to press on amid Trump threats, political pressure

Analysis-Risk of German coalition breaking up rises, fate hinges on FDP liberals

Risk spotlight swings to earnings avalanche

Hong Kong home prices decline for fifth month in Sept