Take Five: And we’re off
LONDON (Reuters) – The first full trading week of 2025 brings key U.S. jobs data as well as Chinese and euro zone inflation numbers. These come against a backdrop of…
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Turkish annual inflation falls more than expected to 44.38%
ISTANBUL (Reuters) – Turkish annual consumer price inflation fell more than expected to 44.38% in December, official data showed on Friday, with education, housing and restaurant prices leading the rise.…
China gives government workers first big pay bump in a decade to boost economy
BEIJING (Reuters) – Millions of government workers across China were given surprise wage increases this week, people affected by the move said, as Beijing looks to boost spending to support…
Morning Bid: As stocks waver, dollar remains the surest bet
A look at the day ahead in European and global markets from Ankur Banerjee While stock markets shrugged off the dim start to 2025, the higher-for-longer U.S. rates theme has…
China will sharply increase funding from treasury bonds to spur growth in 2025
BEIJING (Reuters) – China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner official said on Friday, as Beijing…
Asian stocks rise, dollar at two-year high as US rates, Trump in focus
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was perched at a two-year high against…
China’s central bank might cut interest rates from current level of 1.5% in 2025, FT reports
BEIJING (Reuters) -China’s central bank said it was likely it would cut interest rates from the current level of 1.5% “at an appropriate time” in 2025, the Financial Times reported…
Dollar headed for best week since November on US rates, economic outlook
By Rae Wee SINGAPORE (Reuters) – The dollar was on track for its best weekly performance in over a month on Friday, underpinned by expectations of fewer Federal Reserve rate…
China’s central bank to cut interest rates from current level of 1.5% in 2025- FT
Investing.com– The People’s Bank of China plans to cut interest rates further in 2025, as it brings monetary policy more in line with traditional policies in the U.S. and Europe,…
OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race
By Aditya Soni, Arsheeya Bajwa, Krystal Hu (Reuters) -OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to…