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Macroeconomics

Russian services sector growth accelerates in October, PMI shows

(Reuters) - Russia's services sector activity expanded slightly faster in October than in the previous month as output and new orders rose again, a business survey showed on...

Strong demand revives India services PMI in October

By Anant Chandak BENGALURU (Reuters) - Growth in India's dominant services industry picked up last month after dipping to a 10-month low rate in September amid a marked expansion...

Thai inflation quickens in Oct but still below central bank target

BANGKOK (Reuters) - Thailand's annual headline inflation rate quickened in October due to higher energy and food prices, the commerce ministry said on Wednesday, but still...

Traders trim bets on Fed rate cuts in 2025 as early election results tallied

(Reuters) - Traders trimmed bets Tuesday on Federal Reserve interest rate cuts next year, as early tallies for the U.S. presidential election rolled in through the evening. ...

Philippines farm output declines in Q3, could weigh on growth

By Neil Jerome Morales and Mikhail Flores MANILA (Reuters) -Farm output in the Philippines declined by the most in nearly four years in the third quarter, the statistics agency...

BOJ saw positive economic signs even as it signaled pause, Sept minutes show

By Leika Kihara TOKYO (Reuters) -Many Bank of Japan policymakers agreed the economy was making progress in meeting the necessary conditions for raising interest rates further,...

Japan service activity shrinks on softer sales, confidence slips further, PMI shows

TOKYO (Reuters) - Japan's service activity contracted in October on weaker sales, with business confidence slipping to the lowest level since March 2022 on concerns over shortage...

EU official expects Mercosur trade deal this year, dismisses changes on deforestation law

By Lisandra Paraguassu BRASILIA (Reuters) - The European Union expects to close the trade agreement with South American bloc Mercosur by the end of the year, the EU commissioner...

Brazil looks at curbing health, education spending in fiscal package, sources say

By Marcela Ayres and Lisandra Paraguassu BRASILIA (Reuters) - Brazil's government is preparing measures to curb spending that would put health and education expenditures under a...

Decarbonising by 2050 could boost Poland's economy by 4%, World Bank says

WARSAW (Reuters) - Decarbonising Poland by 2050 would require investments worth about $450 billion, but could boost gross domestic product by an extra 4%, according to a World...

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