South Korea’s acting president calls for national harmony and unity
SEOUL (Reuters) – South Korean Acting President Choi Sang-mok called for national harmony and unity and for trust in the government in a New Year’s address on Tuesday, amid an…
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China’s Xi expects 2024 GDP growth of around 5%, state media says
BEIJING (Reuters) – China’s gross domestic product is expected to grow by around 5% in 2024, President Xi Jinping said on Tuesday, state media reported. This post appeared first on…
Beijing unveils plans to boost driverless vehicle use in capital
By Qiaoyi Li and Brenda Goh BEIJING (Reuters) – China’s capital Beijing passed new regulations on Tuesday to encourage autonomous driving technology in the city, with authorities planning to eventually…
Cocoa tops global commodities rally for 2nd year, steel ingredients struggle on China demand
By Naveen Thukral and Florence Tan SINGAPORE (Reuters) – Cocoa and coffee are poised to close 2024 as the biggest gainers among commodities for a second year on a global…
Asian stocks, dollar hold their own to close out strong 2024
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks eased on Tuesday in cautious end-of-year trading that has seen investors scale back bets of deep U.S. rate cuts in 2025 and…
Turkey hikes fuel tax by 6%, aims to control inflation
ANKARA (Reuters) – Turkey imposed a 6% tax hike on fuel on Tuesday, after its finance minister said over the weekend that tax moves on fuel and tobacco would not…
Dollar stands tall in 2024, propped up by cautious Fed, Trump trade
By Ankur Banerjee SINGAPORE (Reuters) – The dollar was firm on the last trading day of the year, poised to clock strong gains in 2024 against most currencies as investors…
China Dec factory activity expands at slower pace as trade risks rise
BEIJING (Reuters) – China’s manufacturing activity grew for a third straight month in December but barely, an official factory survey showed on Tuesday, suggesting the effects of policy stimulus may…
Wall Street to close on Jan 9 to honor President Jimmy Carter
By Stephen Culp NEW YORK (Reuters) – U.S. stock exchanges will close on Thursday, January 9 in observation of a national day of mourning in honor of former U.S. President…
US pending home sales hit 21-month high in November
(Reuters) – Contracts to buy U.S. previously owned homes rose more than expected in November, notching a fourth straight month of gains as buyers focused on taking advantage of improved…