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Economy

Economy

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

(Reuters) – The U.S. Federal Reserve cut interest rates by an oversized 50 basis points in its Sept. 17-18 meeting that Chair…
Economy

Analysis-China’s messy EV dispute with Europe keeps trade tensions in check

By Joe Cash and Laurie Chen BEIJING (Reuters) – Fears of a widening tariff war between China and other major exporting nations…
Economy

BOJ to raise rates again most likely in January, says ex-policymaker

By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan is likely to raise interest rates in coming months…
Economy

US counties Wall Street will be watching closely on election night

By Pete Schroeder WASHINGTON (Reuters) -With Republican Donald Trump and Democrat Kamala Harris locked in a dead heat in the race for…
Economy

Presidential race tight as Election Day dawns in America – what’s moving markets

Investing.com – After months of heavy campaigning and heated rhetoric, it is Election Day in the US on Tuesday. Americans will now choose…
Economy

Trump’s tariff plan could cost Americans $78 billion in annual spending, NRF study shows

(Reuters) -U.S. shoppers could lose up to $78 billion in annual spending power annually if presidential candidate Donald Trump’s new tariffs proposal…
Economy

China industrial profits plunge in September, extending slump

BEIJING (Reuters) – China’s industrial profits plunged in September, extending their declines with the year’s steepest monthly fall, official data showed on…
Economy

60% tariff on Chinese goods could slash GDP growth by 2.4%, Citi warns

Investing.com — As per analysts at Citi Research, if a 60% universal tariff were imposed on Chinese goods entering the U.S., the…
Economy

Washington Post reports Elon Musk briefly worked illegally in US in 1990s

WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States…
Economy

Taiwan reports Chinese ‘combat patrol’ after Beijing slams US arms deal

By Ben Blanchard and Ryan Woo TAIPEI/BEIJING (Reuters) -Taiwan’s defence ministry said on Sunday that Chinese warplanes and warships had carried out…
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