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Macroeconomics
Dec 03, 2024
Thai November headline inflation misses forecast, below central bank target
BANGKOK (Reuters) - Thailand's headline consumer price index (CPI) rose 0.95% in November from a year earlier, driven by higher food and energy prices, after the previous month's...
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Dec 03, 2024
ECB rate cut of 25 bps possible, not more, ECB's Holzmann tells paper
VIENNA (Reuters) - It is "conceivable" that the European Central Bank will cut interest rates by 25 basis points at its next rate-setting meeting this month but not more, ECB...
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Dec 03, 2024
China's SenseTime reshapes to focus on generative AI growth
BEIJING (Reuters) - Loss-making Chinese AI company SenseTime Group said on Tuesday it has completed a major organizational restructuring aimed at ramping up its shift toward...
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Dec 03, 2024
Australia's Q3 GDP growth disappoints, markets now see April start to rate cuts
By Stella Qiu SYDNEY (Reuters) -Australia's economy in the third quarter grew at the slowest annual pace since the pandemic, disappointing hopes for a rebound as government...
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Dec 03, 2024
China's services activity expansion eases in Nov, Caixin PMI shows
BEIJING (Reuters) - China's services activity expanded at a slower pace in November, pressured by easing new business growth, including in exports, a private sector survey showed,...
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Dec 03, 2024
Dollar holds ground as Fed path pondered; won stable after martial law lifted
By Kevin Buckland TOKYO (Reuters) - The U.S. dollar recovered from a three-week low versus the yen on Wednesday and held its ground against other major rivals as traders pondered...
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Dec 03, 2024
Tariffs likely to delay return to 2% inflation in 2025, Goldman Sachs says
-- Goldman Sachs expects increased U.S. trade tariffs under a Trump presidency, especially against China, to delay inflation from reaching the Federal Reserve's 2%...
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Dec 03, 2024
US House Speaker Johnson aims for stopgap bill to fund government until March
WASHINGTON (Reuters) - Republican U.S. House of Representatives Speaker Mike Johnson said on Tuesday that he expects the chamber to vote a stopgap measure that will fund the...
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Dec 03, 2024
Moody's affirms South Africa's Ba2 rating amid economic challenges and political change
(Reuters) - Credit ratings agency Moody's (NYSE:MCO) affirmed South Africa's Ba2 rating on Tuesday, highlighting the country's robust financial sector and external position...
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Dec 03, 2024
US House to hold oversight hearing on struggling Postal Service
WASHINGTON (Reuters) - A U.S. House of Representatives committee will hold a Dec. 10 hearing on the U.S. Postal Service, which warned last month that it must continue to cut...
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