BERLIN (Reuters) – German plant and equipment makers’ orders fell in September, after a one-off rise in August, the VDMA association said on Thursday, as a double-digit fall in domestic contracts were cushioned by those from abroad remaining stable. Overall, […]
German engineering orders fall again in September, says VDMA Read More »
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s economic growth rate is expected to increase to 3% in 2025, supported by spending, exports, investment and tourism, the government said on Thursday, and the finance minister said he was already
Thai finance minister says wants to beat govt forecast of 3% growth in 2025 Read More »
By Darya Korsunskaya MOSCOW (Reuters) – Russia will need to raise taxes further to fund its war in Ukraine, according to economists who say revenue-raising measures already announced will not be enough to fund the country’s ballooning military spending. Russia’s
Analysis-Russia braces for more tax rises to fund the Ukraine war Read More »
ABU DHABI (Reuters) -Saudi Arabia’s economy grew 2.8% in the third quarter year on year, preliminary government data showed on Thursday, supported by an increase in non-oil activities. Non-oil growth rose 4.2%, government activities increased 3.1% and the oil sector
Saudi Arabia’s Q3 GDP grows by estimated 2.8% y/y Read More »
(Reuters) – French consumer prices rose in line with expectations in October, preliminary data from statistics agency INSEE showed on Thursday. France’s harmonized inflation rate, adjusted for comparison with other euro zone countries, increased to 1.5% year-on-year in October. A
French preliminary inflation at 1.5% in October, in line with expectations Read More »
(Reuters) -The Bank of Japan maintained ultra-low interest rates on Thursday and signalled the need to scrutinise global economic developments, highlighting its focus on risks to a fragile domestic recovery in deciding when to next tighten policy. Following are excerpts
BOJ Governor Ueda’s comments at news conference Read More »
By Balazs Koranyi FRANKFURT (Reuters) – European families are sitting on an ever-growing pile of savings, confounding hopes that consumer largesse can boost the region’s economy as it falls yet further behind that of the United States. This rise in
Analysis-Europe’s growth rebound hinges on savings puzzle Read More »
(Reuters) – Japanese investors sold overseas assets for a third straight week through Oct. 26, cashing in on the yen’s sharp decline amid U.S. election uncertainties and reduced expectations of big Federal Reserve rate cuts. According to the Ministry of
Japanese investors sell overseas assets for third week in a row Read More »
BEIJING (Reuters) – China’s manufacturing activity in October expanded for the first time in six months, an official factory survey showed on Thursday, supporting policymakers’ optimism that recent fresh stimulus will get the world’s No. 2 economy back on track.
China Oct manufacturing activity expands for first time in six months Read More »
By Leika Kihara TOKYO (Reuters) -The Bank of Japan is expected to maintain ultra-low interest rates on Thursday and signal a cautious approach to rolling back its massive monetary stimulus, as political uncertainty and jittery markets cloud the outlook. The
BOJ to keep rates steady as politics muddles outlook Read More »
