Europe will pay a ‘big price,’ Trump warns on tariffs
WASHINGTON (Reuters) – Republican U.S. presidential candidate Donald Trump said on Tuesday the European Union would have to “pay a big price” for not buying enough American exports if he…
Economy
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China stimulus should go hand in hand with reforms, ex central bank adviser says
BEIJING (Reuters) – China’s stimulus efforts could come with a cost and they must be carried out alongside reforms to ensure sustainable economic growth, Liu Shijin, a former central bank…
German unemployment rises more than expected in October, labour office says
BERLIN (Reuters) – The number of people out of work in Germany rose more than expected in October, federal labour office figures showed on Wednesday. The office said the number…
Alphabet and AMD report, more earnings and GDP ahead – what’s moving markets
Investing.com — US stock futures edge higher ahead of wave of corporate earnings and a key release of US growth figures for the third quarter. Alphabet (NASDAQ:GOOGL) shares jump premarket after…
GSK warns of lower 2024 vaccine sales after weaker RSV, shingles demand
By Yadarisa Shabong and Maggie Fick (Reuters) -GSK on Wednesday said its vaccine sales would fall this year, after a weaker-than-expected performance for its respiratory syncytial virus (RSV) and shingles…
Analysis-China’s looming fiscal package set to stabilise rather than boost growth
By Kevin Yao and Ziyi Tang BEIJING (Reuters) – China’s planned fiscal package targets damaged property and local government balance sheets that weigh on the economy and fuel deflationary pressures,…
In the Market: How Harris, Trump promises could feed market’s addiction to the Fed
By Paritosh Bansal (Reuters) – The Federal Reserve risks moving beyond its role as a lender of last resort to a prop markets need to function even in normal times,…
Morning Bid: From GDP data to tech earnings, a lot to chew on
A look at the day ahead in European and global markets from Rae Wee Investors will have a full calendar of major releases to digest on Wednesday, from bank and…
US economy seen shining on election eve amid robust consumer spending
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy likely maintained a solid pace of growth in the third quarter as subsiding inflation and strong wage gains powered consumer spending…
BOJ preview: interest rates to remain unchanged amid political uncertainty
Investing.com– The Bank of Japan is expected to keep interest rates unchanged at the conclusion of a meeting on Thursday, with heightened political uncertainty in the country likely clouding the…