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Macroeconomics
Dec 11, 2024
Germany to grow between 0.4% and 1.1% in 2025, Ifo Institute says
By Maria Martinez BERLIN (Reuters) - Germany will grow by only 0.4% next year if it fails to overcome structural challenges but can achieve 1.1% growth if the right economic...
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Dec 11, 2024
SNB slashes interest rate by 50 basis points
The Swiss National Bank (SNB) executed its largest interest rate cut in nearly a decade on Thursday. The central bank's decision to reduce its policy rate by 50 basis points, from...
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Dec 11, 2024
China's Nio, behind on growth targets, aims to tighten cost control
SHANGHAI (Reuters) -Chinese electric vehicle (EV) maker Nio (NYSE:NIO) will seek to improve efficiency and cost control as it seeks to spur sales growth that is two years behind...
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Dec 11, 2024
ECB decision, Adobe, Bitcoin - what's moving markets
-- Wall Street is seen trading slightly lower Thursday, with disappointing sales guidance from software giant Adobe weighing on sentiment. Bitcoin has climbed above...
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Dec 11, 2024
China open to talks with Trump's economic, trade team, commerce ministry says
BEIJING (Reuters) - China is open to engaging and communicating with the economic and trade team of the Trump administration, the commerce ministry said on Thursday.
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Dec 11, 2024
BOJ likely to keep rates steady in Dec, eyes wage trend for future moves - Reuters
-- The Bank of Japan (BOJ) is leaning toward maintaining its current interest rates at next week's policy meeting, as officials seek more time to evaluate global risks...
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Dec 11, 2024
UK to mostly avoid tariff trouble with the U.S., say economists: Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) - U.S. President-elect Donald Trump will impose a tariff of less than 10% on UK imports next year or none at all, which will have an...
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Dec 11, 2024
China to expand private pension scheme nationwide from Dec 15
BEIJING (Reuters) - China said on Thursday it would expand a private pension scheme nationwide from December 15, following a pilot effort, as it moves to plug a pension gap in...
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Dec 11, 2024
Japan plans to raise key taxes in 2026 to fund defence budget expansion
By Yoshifumi Takemoto TOKYO (Reuters) - Japan's government plans to raise the country's key taxes starting in April 2026 to fund more defence spending after a one-year delay,...
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Dec 11, 2024
Asia stocks rally on Fed cut bets; Aussie jumps on jobs data
By Kevin Buckland TOKYO (Reuters) - Asian stocks gained on Thursday, tracking Wall Street's tech-led rally overnight after an as-expected reading of U.S. consumer inflation...
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