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Economy

Economy

Dollar stays resilient, Asia shares get festive lift

December 26, 2024
By Rae Wee SINGAPORE (Reuters) – Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the week…
Economy

Spain’s industrial prices rise 0.9% year-on-year in November

December 26, 2024
MADRID (Reuters) – Spanish industrial prices rose 0.9% in the 12 months through November, after a 3.9% decrease in the 12 months…
Economy

China urges Philippines to return to ‘peaceful development’

December 26, 2024
BEIJING (Reuters) – China’s foreign ministry on Thursday urged the Philippines to return to “peaceful development”, saying Manila’s decision to deploy a…
Economy

China revises up 2023 GDP to $17.73 trillion

December 26, 2024
BEIJING (Reuters) – China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion),…
Economy

Turkey raises monthly minimum wage by 30% for 2025

December 25, 2024
ISTANBUL (Reuters) – Turkey’s net monthly minimum wage will be 22,104 Turkish lira ($630.36) in 2025, Turkish President Tayyip Erdogan said on…
Economy

China extends EU brandy anti-dumping investigation by three months

December 25, 2024
BEIJING (Reuters) -China’s commerce ministry said on Wednesday it would extend its anti-dumping investigation into brandy originating from the European Union by…
Economy

Chinese tricksters take cue from Squid Game to prey on the indebted

December 25, 2024
By Ryan Woo, Ethan Wang and yukun zhang BEIJING (Reuters) – In China’s take on Squid Game, fraudsters are preying on the…
Economy

Turkish cenbank rate cut expectations rise after 30% minimum wage hike

December 25, 2024
By Nevzat Devranoglu ANKARA (Reuters) – Expectations of a Turkish central bank rate cut strengthened on Wednesday after a less-than-requested minimum wage…
Economy

The Trump factor: EU defence sector to keep holding a strong premium through 2025

December 25, 2024
Investing.com — The European defense sector is expected to sustain its valuation premium over the broader market through 2025, buoyed by increased…
Economy

Fed will be forced to ease by ‘more than 50 bps’ next year: BCA

December 24, 2024
Investing.com — BCA Research expects the Federal Reserve to cut interest rates by more than 50 basis points (bps) in 2025, diverging…
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