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Economy

Economy

China revises up 2023 GDP to $17.73 trillion

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

World bank raises China’s GDP forecast for 2024, 2025

(Reuters) – The World Bank on Thursday said it raised its forecasts for China’s gross domestic product growth for 2024 and 2025…
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Economy

Dollar stays resilient, Asia shares get festive lift

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

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

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

China urges Philippines to return to ‘peaceful development’

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

Turkey raises monthly minimum wage by 30% for 2025

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

China extends EU brandy anti-dumping investigation by three months

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

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

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

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

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

Japanese PM Ishiba: important to strengthen US-Japan alliance

TOKYO (Reuters) – Japanese Prime Minister Shigeru Ishiba said on Tuesday he wanted to strengthen his country’s alliance with the United States,…
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