China’s economy beats forecasts in 2024, braces for trade war
BEIJING (Reuters) -China’s economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although the threat of a new trade war with the United States…
China’s Q4 GDP grows 5.4% y/y, beating market forecast
BEIJING (Reuters) – China’s economy grew 5.4% in the fourth quarter from a year earlier, official data showed on Friday, significantly beating analysts’ expectations and enabling the government to meet…
DOJ releases final violent crime numbers for Biden administration
The Department of Justice (DOJ) this week released the final nationwide crime statistics under the Biden administration as the president prepares to leave office. Following an uptick in violent crime…
Yen set for best week in over a month on BOJ rate hike bets
By Ankur Banerjee SINGAPORE (Reuters) – The yen was poised for its strongest weekly performance in over a month as expectations grow that the Bank of Japan will raise rates…
China’s new home prices steady for the first time in 1-1/2 years after stimulus push
BEIJING (Reuters) – China’s new homes prices were flat month-on-month in December, official data showed on Friday, after the government rolled out multiple rounds of stimulus measures to lift the…
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
NEW YORK (Reuters) – The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump’s Treasury Secretary pick Scott Bessent told Congress on Thursday,…
Advertisers with ‘hair on fire’ brace for US TikTok ban
By Katie Paul NEW YORK – Advertisers reliant on TikTok as a major digital marketing tool rushed to prepare contingency plans this week, as the realization dawned on many that…
Yen set for best week in over a month on BOJ rate hike bets
By Ankur Banerjee SINGAPORE (Reuters) – The yen was poised for its strongest weekly performance in over a month as expectations grow that the Bank of Japan will raise rates…
China’s new home prices steady for the first time in 1-1/2 years after stimulus push
BEIJING (Reuters) – China’s new homes prices were flat month-on-month in December, official data showed on Friday, after the government rolled out multiple rounds of stimulus measures to lift the…
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
NEW YORK (Reuters) – The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump’s Treasury Secretary pick Scott Bessent told Congress on Thursday,…