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Macroeconomics

Analysis-China ready to go deeper into debt to counter Trump's tariffs

By Ellen Zhang and Kevin Yao BEIJING (Reuters) - In one of their most dovish statements in more than a decade, Chinese leaders signalled on Monday they are ready to deploy...

Greece expects record tourism revenue of 22 billion euros this year, says minister

ATHENS (Reuters) - Greece expects record tourism revenues of about 22 billion euros ($23.24 billion)this year, Tourism Minister Olga Kefalogianni said on Tuesday, around a 10%...

China’s economic growth at risk amid incoming US tariff hikes, says ANZ

-- The impending increase in tariffs by the United States on Chinese goods could significantly impact China’s economy, potentially reducing its gross domestic product...

China stocks jump on Politburo policy shift; Aussie falls after RBA

By Tom Westbrook SINGAPORE (Reuters) - China stocks surged and commodities found support on Tuesday on Beijing's new promises of rate cuts and a boost to consumption, while the...

China has full confidence in achieving this year's growth target, says Xi

BEIJING (Reuters) - Chinese President Xi Jinping said on Tuesday that China had full confidence in achieving this year's economic growth target and in continuing to play the role...

Morning Bid: China policy talk lifts stocks but bonds balk

A look at the day ahead in European and global markets from Tom Westbrook China's equity markets have chosen to run with the authorities' latest vague promise of support for the...

Australia central bank leaves door open to February rate cut

SYDNEY (Reuters) - Australia's top central banker on Tuesday left open the door to a cut in interest rates as early as February, but emphasised the flow of economic data would...

Australia's central bank ends 2024 with dovish pivot, Aussie $ dives

By Wayne Cole and Stella Qiu SYDNEY (Reuters) - Australia's central bank held interest rates steady at its last meeting of the year on Tuesday, but softened its hawkish tone by...

China's exports slow sharply, imports shrink ahead of Trump tariffs

BEIJING (Reuters) -China's exports grew at a slower pace in November than the bumper month before, while imports unexpectedly shrank, in a worrying sign for the world's No. 2...

World Bank cuts Kenya's 2024 growth estimate to 4.7% on fiscal challenges

By Duncan Miriri NAIROBI (Reuters) - The World Bank downgraded Kenya's economic growth estimate for this year to 4.7% on Tuesday, from an initial 5.0%, citing the impact of...

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