Germany faces lethargic growth, potential hit from Trump, Bundesbank says
FRANKFURT (Reuters) – Germany’s economy will shrink for the second year in a row this year and its recovery will be lacklustre,…
Euro zone industry did not fall in Oct but recovery not in sight
FRANKFURT (Reuters) – Euro zone industrial production was unchanged in October from the previous month, outperforming expectations of a slight fall, but…
Bundesbank cuts Germany growth outlook for 2024 and 2025
The Bundesbank has significantly lowered its growth forecasts for Germany’s economy, projecting a contraction of 0.2% in 2024, a stark revision from…
Morning Bid: Wall St near records as central banks end 2024 with rate cuts
A look at the day ahead in U.S. and global markets by Samuel Indyk The stellar year for U.S. stock markets took…
US data has Fed striding toward rate cut next week, and tip-toeing into 2025
By Howard Schneider WASHINGTON (Reuters) – Investors view it as a near given that the U.S. Federal Reserve will cut interest rates…
India’s October industrial output at 3-month high of 3.5% y/y
NEW DELHI (Reuters) – India’s industrial output rose 3.5% year-on-year in October, government data showed on Thursday. Economists polled by Reuters had…
China vows to issue more debt, cut interest rates next year
By Ellen Zhang and Kevin Yao BEIJING (Reuters) – China pledged on Thursday to increase the budget deficit, issue more debt and…
India’s November retail inflation eases, boosts rate cut hopes
By Nikunj Ohri NEW DELHI (Reuters) -India’s retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest…
Pope Francis calls for new global accords on debt, military spending
By Joshua McElwee VATICAN CITY (Reuters) -Pope Francis called on Thursday for new international agreements to reduce the debt burden faced by…
Trump crypto venture partners with platform linked to Middle East militants
(Reuters) – A crypto venture recently unveiled by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has…
