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Macroeconomics
Nov 05, 2024
Saudi non-oil business activity lifted by faster new order growth in October, PMI shows
(Reuters) - The pace of growth in Saudi Arabia's non-oil sector continued to accelerate in October, lifted by the fastest growth in new orders since March, a survey showed on...
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Nov 05, 2024
Thai exports could grow above 2% this year, shippers' group says
BANGKOK (Reuters) - Thailand's exports could grow more than 2% this year and beat a previous forecast, the Thai National Shippers' Council said on Tuesday. "At worst, if Q4...
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Nov 05, 2024
RBA leaves interest rates unchanged, will maintain restrictive policy
-- The Reserve Bank of Australia kept interest rates unchanged on Tuesday, while signaling that it will continue to keep monetary policy restrictive due to concerns...
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Nov 05, 2024
Australia central bank sees inflation still sticky, job growth strong
SYDNEY, Nov 5 (Reuters) - Australia's central bank said on Tuesday underlying inflation was expected to slow gradually as it revised up its outlook for employment gains, while...
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Nov 05, 2024
New Zealand central bank paints grim economic outlook
By Lucy Craymer and Renju Jose WELLINGTON (Reuters) - New Zealand's central bank painted a bleak economic picture on Tuesday, citing rising unemployment and delayed business...
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Nov 05, 2024
China's services activity picks up as conditions improve, Caixin PMI shows
BEIJING (Reuters) - China's services activity expanded at the fastest pace in three months in October, helped by early signs that Beijing's big stimulus push was helping improve...
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Nov 05, 2024
China services activity rises more than expected in Oct- Caixin PMI
-- China’s services sector grew more than expected in October, private purchasing managers index data showed on Tuesday, as business activity picked up in the wake of...
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Nov 05, 2024
South Korea inflation weakest in almost 4 years, sets stage for more rate cuts
SEOUL (Reuters) - South Korea's October headline inflation slowed further to the weakest level in almost four years, data showed on Tuesday, strengthening the case for more...
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Nov 05, 2024
UK consumer spending slowed before last week's budget, retailers say
LONDON (Reuters) - British consumer spending grew only modestly last month as uncertainty in the run-up to finance minister Rachel Reeves' Oct. 30 budget and rising energy bills...
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Nov 04, 2024
Trump's tariff plan could cost Americans $78 billion in annual spending, NRF study shows
(Reuters) -U.S. shoppers could lose up to $78 billion in annual spending power annually if presidential candidate Donald Trump's new tariffs proposal on imports are implemented, a...
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