Morning Bid: China still busy exporting disinflation
A look at the day ahead in European and global markets from Wayne Cole It’s been a down day for Asia as it catches up with the post-payrolls fallout on…
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Dollar tentative, yen slips on muddled Fed rate-cut outlook
By Rae Wee SINGAPORE (Reuters) -The dollar held to tight ranges on Monday while the yen pared its safe-haven gains, as investors were undecided on the scale of a Federal…
China’s consumer prices quicken in August, PPI stuck in deflation
BEIJING (Reuters) -China’s consumer prices accelerated in August to the fastest pace in half a year due to the higher costs of food from weather disruptions, while producer price deflation…
UK labour market loses steam in August, recruiters say
(Reuters) – Britain’s labour market cooled noticeably last month as job placements fell sharply and pay growth slowed, according to a survey of recruiters on Monday that could bolster the…
Morning Bid: Bracing for heavy selloff
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian stocks are set to open sharply lower on Monday, tracking Wall Street’s slump on Friday…
Egypt August inflation seen dropping despite price hikes
CAIRO (Reuters) – Egypt’s inflation is forecast to have declined for a sixth month in August, helped by a favourable base effect, but some analysts say it is likely to…
China plans to allow wholly foreign-owned hospitals in some areas
BEIJING (Reuters) – China on Sunday said it would the allow the establishment of wholly foreign-owned hospitals in nine areas of the country including the capital, as Beijing tries to…
France asks EU to let it delay submitting budget deficit plan, La Tribune reports
PARIS (Reuters) – France has asked the European Commission to extend beyond Sept. 20 its deadline for submitting a plan to reduce its public deficit to ensure coherence with Paris’…
Taiwan’s overreliance on tech sector makes it vulnerable: BofA
Investing.com — Taiwan, a small island nation with only 23 million people, plays an outsized role in the global tech industry and global economy, as per analysts at BofA Securities…
Italy to target 2025 GDP growth of up to 1.4%, paper says
MILAN (Reuters) – Italy is expected to set an economic growth target for 2025 of 1.3% or 1.4% as part of its medium-term structural budget plan to be submitted to…