By Maria Martinez BERLIN (Reuters) -Germany’s gross domestic product unexpectedly increased in the third quarter, driven by government and household spending, skirting a recession amid fears that Europe’s biggest economy would contract for a second consecutive quarter. The economy expanded […]
German economy unexpectedly grows, avoiding recession Read More »
By Gavin Jones ROME (Reuters) -Italian gross domestic product stagnated in the third quarter compared with the previous three months, preliminary data showed on Wednesday, missing forecasts and casting a shadow over growth prospects in the euro zone’s third largest
Italy economy stagnates in Q3, in blow to Meloni government Read More »
PARIS (Reuters) -French economic growth beat estimates by accelerating by 0.4% in the third quarter 2024 from 0.2% in the second quarter because of impact of the Paris Olympic Games, preliminary data from statistics agency INSEE showed on Wednesday. Economists
French economy expanded 0.4% in Q3, INSEE says Read More »
HONG KONG (Reuters) – Hong Kong saw fresh records of home-buying from mainland Chinese in the first three-quarters following efforts by the financial city to attract foreign professionals and remove purchase curbs, major realtor Centaline Property Agency said. In the
Hong Kong sees fresh record home buying by mainland Chinese, realtor says Read More »
By Paritosh Bansal (Reuters) – The Federal Reserve risks moving beyond its role as a lender of last resort to a prop markets need to function even in normal times, with pressures likely to increase as U.S. presidential candidates look
In the Market: How Harris, Trump promises could feed market’s addiction to the Fed Read More »
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy likely maintained a solid pace of growth in the third quarter as subsiding inflation and strong wage gains powered consumer spending ahead of a contentious presidential election set to turn on
US economy seen shining on election eve amid robust consumer spending Read More »
BANGKOK (Reuters) -Thailand’s policy interest rate is at an adequate level to address economic risks as the recovery is uneven and financial conditions have tightened, minutes of the Bank of Thailand’s Oct. 16 monetary policy meeting showed on Wednesday. At
By Anant Chandak BENGALURU (Reuters) – India’s central bank will cut its key policy rate in December by a quarter point to 6.25% to bolster slowing economic growth, according to a slim majority of economists in a Reuters poll who
RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll Read More »
SYDNEY (Reuters) – Australian consumer price inflation slowed to a 3-1/2 year low in the third quarter thanks to government rebates on electricity and a drop in petrol, while the core measure was still sticky due to elevated services price
Australia Q3 inflation slows to 3-1/2 year low, core remains sticky Read More »
By Laila Kearney (Reuters) – Oil prices stabilised on Wednesday on industry data showing a surprise drop in U.S. crude and gasoline inventories, following two previous sessions of losses on the prospect of hostilities easing in the Middle East. Brent
Oil prices steady on shrinking U.S. crude inventories Read More »
