ECB seeking middle ground with rate cuts, Lane tells newspaper
FRANKFURT (Reuters) -The European Central Bank can ease policy further this year but must find a middle ground that neither induces a recession nor causes an undue delay in curbing…
Editor’s Pick
4627 posts
China-Russia 2024 trade value hits record high – Chinese customs
BEIJING (Reuters) – The value of China’s imports and exports with Russia reached 1.74 trillion yuan ($237 billion) in 2024, a record high, Chinese customs data showed on Monday, as…
Japan 2025 outlook shows growth, wage hikes, and monetary policy shifts- Barclays
Investing.com– Barclays (LON:BARC) analysts project Japan’s economy will see a resurgence in 2025, driven by domestic demand and robust wage growth, despite risks from U.S. trade policy and political uncertainty.…
Morning Bid: Forget the soft landing, just keep flying
A look at the day ahead in European and global markets from Wayne Cole. Why bother engineering a soft landing, when you can just keep flying? That’s the message from…
Austin recommends defense spending boost by more than $50 billion in 2026, Bloomberg News reports
(Reuters) – Outgoing U.S. Defense Secretary Lloyd Austin recommended the government boost defense spending by about $50 billion more than projected in the fiscal year 2026, Bloomberg News reported on…
Grenada has benefited greatly from ties with China, prime minister says
BEIJING (Reuters) – Grenada has benefited greatly from its relations with China and looks forward to strengthening its cooperation with the Asian country, Chinese state media quoted its prime minister…
Australia’s Star Entertainment pares losses after slipping to record low
By Sneha Kumar (Reuters) – Shares of Australian casino operator Star Entertainment jumped 13.6% higher on Monday, with analysts citing the rise to investors buying the stock at a cheaper…
India may record FY25 fiscal deficit at 4.7%-4.8% of GDP, Mint reports
(Reuters) – India may record a fiscal deficit for the current fiscal year at 4.7%-4.8% of gross domestic product (GDP), lower than the government’s estimate of 4.9%, primarily driven by…
Hong Kong to expand yuan trade finance, Bond Connect schemes, HKMA says
HONG KONG (Reuters) – Hong Kong will launch a new yuan-denominated trade finance scheme and expand the hours and scope of its Bond Connect program for mainland China investors, Eddie…
China’s export growth quickens amid trade risks, imports surprise
BEIJING (Reuters) – China’s export growth picked up steam in December, while imports recovered, closing out the year on a positive note as the world’s second-largest economy braces for mounting…