US retail sales increase solidly in September
WASHINGTON (Reuters) – U.S. retail sales increased slightly more than expected in September, supporting views that the economy maintained a strong pace of growth in the third quarter. Retail sales…
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US weekly jobless claims unexpectedly fall
WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment unexpectedly fell last week, but could remain elevated in the near-term amid the effects of Hurricanes Helene and…
ECB cuts interest rates to 3.25%
Investing.com — The European Central Bank has slashed interest rates by a quarter point at a second straight meeting on Thursday as policymakers look to address twin slowdowns in inflation and…
ECB cuts rates as expected, says well on track to tame inflation
(Reuters) – The European Central Bank cut interest rates for the third time this year on Thursday in a nod to sluggish economic growth, some softening in an otherwise rock-solid…
Nigeria seeing positive results from fiscal reforms, World Bank says
ABUJA (Reuters) – Nigeria is beginning to reap the benefits of significant policy reforms following a near fiscal crisis in 2020, but must stay the course, the World Bank said…
Vietnam central bank says to keep policy supportive, open to rate cuts
By Khanh Vu HANOI (Reuters) – Vietnam can still meet its economic growth target this year despite the extensive damage caused by Typhoon Yagi and is open to the possibility…
Structural impediments challenge Pakistan’s macroeconomic stability, says central bank
ISLAMABAD (Reuters) – Structural impediments are challenges to sustaining macroeconomic stability in Pakistan, the State Bank of Pakistan’s annual report on the state of the country’s economy has found, the bank…
European shares marginally up; investors eye dovish ECB comments
(Reuters) – Stocks in Europe inched up on Thursday as investors looked for a dovish outlook on top of a fully priced in European Central Bank interest rate cut, while…
‘No excuses’: Thai central bank rate cut intensifies pressure on PM to spur economy
By Orathai Sriring BANGKOK (Reuters) – After months of withstanding political pressure and public bickering, Thailand’s central bank on Wednesday delivered what the country’s government had been pressing for: it…
Hungarian GDP growth will be close to zero in Q3, economy minister says
BUDAPEST (Reuters) – Hungarian gross domestic product growth will be “very close to zero” in the third quarter, significantly below market expectations, Economy Minister Marton Nagy said on Thursday. In…