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…
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),…
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…
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…
Turkey’s central bank trims interest rates after nearly two years
Investing.com — Turkey’s central bank has made its first interest rate cut in almost two years, following signs of easing consumer inflation….
Futures lower in holiday-thinned trading
(Reuters) – U.S. stock index futures were lower on Thursday in light trading volumes after the Christmas holiday, as investors took stock…
India stocks higher at close of trade; Nifty 50 up 0.14%
Investing.com – India stocks were higher after the close on Thursday, as gains in the Auto, Power and Public Sector Undertakings sectors…
Xiaomi joins NIO, XPeng, and Li Auto EV charging networks in China
Investing.com — Chinese consumer electronics company Xiaomi (OTC:XIACF) has announced it will join the electric vehicle (EV) charging networks of rivals NIO,…
Taiwan blocks Uber’s $950 million acquisition of Foodpanda
Investing.com — Taiwan’s Fair Trade Commission (FTC) has halted Uber Technologies (NYSE:UBER)’ planned $950 million takeover of Foodpanda’s local delivery business due…
This Asian stock index outperforms India’s Nifty and Japan’s Nikkei with 80% returns in 2024
Asia-Pacific stocks performed strongly in 2024, with most major markets finishing the year in positive territory. This was driven by central banks…
