German real estate deals edge up in 2024, 2025 still seen muted
FRANKFURT (Reuters) – A key indicator of the health of Germany’s property sector improved last year and will make modest gains in 2025, though the next twelve months will continue…
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Sri Lanka c. bank to focus on stronger crisis recovery in 2025
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka will focus on stronger recovery this year after the island nation posted real GDP growth of 5% in 2024, the highest in…
Wildfires rage in Los Angeles, forcing tens of thousands to flee
By Jorge Garcia and Mike Blake LOS ANGELES (Reuters) – A rapidly growing wildfire raged across an upscale section of Los Angeles on Tuesday, destroying numerous buildings and creating traffic…
Futures higher, Exxon Mobil flags hit to Q4 earnings – what’s moving markets
Investing.com – US stock futures inch up after a solid set of economic figures contributed to a slide in equities in the previous session. More data on Wednesday could give…
EU warns of ‘serious blow’ from Trump on climate change
By Kate Abnett and Christian Levaux BRUSSELS (Reuters) – Global efforts to address climate change will be dealt a severe blow if U.S. President-elect Donald Trump again pulls the country…
Factbox-China’s economic stimulus measures since September
BEIJING (Reuters) – China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year, in an effort to revive sluggish…
Tanzania central bank holds key interest rate unchanged at 6%
DAR ES SALAAM (Reuters) – Tanzania’s central bank left its key interest rate unchanged at 6% on Wednesday, holding it steady for a third consecutive policy meeting. When it launched…
ASEAN entering 2025 with strong starting position on growth, BofA says
Investing.com– ASEAN economies are entering 2025 with a strong starting position for growth, BofA analysts said in a note, citing resilient domestic activity, improving labor markets, rising exports and recovering…
Morning Bid: Strong dollar, rising yields hog the spotlight
A look at the day ahead in European and global markets from Ankur Banerjee The dollar stood tall on Wednesday boosted by elevated Treasury yields after strong U.S. data rekindled…
Asia dollar bond volumes seen rising 20% as China deals gather pace
By Scott Murdoch SYDNEY (Reuters) – Asian dollar bond issuance is expected to rise around 20% in 2025 over last year, driven by Chinese debt deals and as U.S. interest…