Economy

By Giuseppe Fonte ROME (Reuters) – Italy’s cabinet will meet late on Tuesday to approve Rome’s 2025 budget, amid tensions within the ruling parties over a Treasury proposal to raise…

By Supantha Mukherjee STOCKHOLM (Reuters) -Sweden’s Ericsson (BS:ERICAs) on Tuesday said the telecom equipment market is showing signs of improvement after reporting core earnings and sales above expectations, helped by…

MILAN (Reuters) – Global investor optimism scored the biggest jump since June 2020 in October due to Federal Reserve rate cuts, expectations of stimulus from China and of a soft…

By Danial Azhar KUALA LUMPUR – Malaysia will likely introduce further subsidy cuts and new taxes as part of its budget for next year, analysts and economists said, as it…

By Kevin Yao and Liangping Gao BEIJING (Reuters) -China may raise an additional 6 trillion yuan ($850 billion) from special treasury bonds over three years to stimulate a sagging economy,…

A look at the day ahead in European and global markets from Vidya Ranganathan. Tuesday’s top headlines are Wall Street’s record highs overnight and Nvidia (NASDAQ:NVDA)’s fresh attempt to dethrone…

By James Pomfret HONG KONG (Reuters) – Hong Kong is expected to announce measures to boost the city’s economy in its annual policy address on Wednesday, including slashing liquor tariffs,…

(Reuters) -Chinese banks are set to cut rates on 300 trillion yuan ($42.20 trillion) of deposits as soon as this week, Bloomberg News reported on Tuesday, citing people familiar with…

By David Lawder WASHINGTON (Reuters) – The world’s total public debt is set to exceed $100 trillion this year for the first time, and may grow more quickly than forecast…