IMF projects 4% growth rebound in Middle East and North Africa next year
By Rachna Uppal DUBAI (Reuters) – Growth in the Middle East and North Africa region is expected to rebound to 4% next year, but will hinge on a phase out…
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Analysis-Europe’s growth rebound hinges on savings puzzle
By Balazs Koranyi FRANKFURT (Reuters) – European families are sitting on an ever-growing pile of savings, confounding hopes that consumer largesse can boost the region’s economy as it falls yet…
Too early to discuss increasing Egypt’s loan, IMF official says
By Rachna Uppal DUBAI (Reuters) – The International Monetary Fund’s (IMF) $8 billion programme for Egypt is making progress, with the fund’s top regional official stating that any discussions to…
ECB’s Lagarde: inflation should stabilise at 2% target in 2025
PARIS (Reuters) – Euro zone inflation will durably reach the European Central Ban’s 2% target in the course of 2025, ECB President Christine Lagarde told a French newspaper, largely repeating…
Analysis-Europe’s small arms company’s struggle for cash despite military spending boom
By Michael Kahn and Jan Lopatka PRAGUE (Reuters) – Europe’s small and medium-sized defence companies are struggling to access finance needed to drive innovation and grow production lines even as…
Japanese investors sell overseas assets for third week in a row
(Reuters) – Japanese investors sold overseas assets for a third straight week through Oct. 26, cashing in on the yen’s sharp decline amid U.S. election uncertainties and reduced expectations of…
Australian banks brace for lower earnings as costs, competition bite
By Roushni Nair (Reuters) – Australia’s biggest banks are expected to report lower annual earnings next week, with investors focused on whether intense competition in lending and the rising costs…
Clouds gather over ‘Mag 7’ earnings
A look at the day ahead in European and global markets from Kevin Buckland Mega-tech earnings remain in the spotlight on Thursday, particularly after the Bank of Japan’s as-expected decision…
Thai economy expected to grow 3% next year, finance ministry says
BANGKOK (Reuters) – Thailand’s economy is expected to grow 3% in 2025, supported by private consumption, exports, investment and tourism, the finance ministry said on Thursday. Southeast Asia’s second-largest economy…
BOJ keeps interest rates steady, roughly maintains price forecasts
TOKYO (Reuters) – The Bank of Japan kept interest rates steady on Thursday and roughly maintained its forecast that inflation will hover near its 2% inflation target in coming years,…