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Macroeconomics

Los Angeles wildfire economic loss estimates top $50 billion

(Reuters) - U.S. private forecaster AccuWeather said on Wednesday that estimated damage and economic loss from the California wildfire, already one of the worst in history, is...

Australia retailers get Black Friday boost, but no bar posed to rate cut

By Stella Qiu and Wayne Cole SYDNEY (Reuters) -Australian retail sales had the biggest increase in 10 months in November as Black Friday discounting drew cost-conscious shoppers,...

Japan Nov real wages fall for 4th straight month as inflation weighs

TOKYO (Reuters) - Japan's inflation-adjusted real wages fell for the fourth straight month in November weighed down by higher prices even as base pay grew at the fastest pace in...

Morning bid: China inflation lands amid global bond turmoil

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. China's latest inflation figures are out on Thursday, and they could not be coming at a more fascinating -...

Rising Treasury yields prompt more US corporate bond issuance

By Shankar Ramakrishnan and Matt Tracy (Reuters) - U.S. corporate debt markets continued to be peppered by new bond offerings on Wednesday as rising Treasury yields increased...

Brazil's economic growth to slow, real remains weak - Capital Economics

Brazil's recent spurt of economic expansion is expected to slow down as the country faces persistent sovereign debt concerns and the likelihood of continued interest rate hikes,...

Jefferies' profit jumps on investment banking windfall

By Pritam Biswas and Lananh Nguyen (Reuters) -Jefferies Financial's profit more than tripled in the fourth quarter as the investment bank earned higher fees from advising on deals...

Capital Economics sees Nigeria interest rates drop to 23.5% by 2025 end

Monday - Capital Economics has forecasted that Nigeria’s Central Bank (CBN) will likely begin reducing interest rates from May 2025, with expectations for the policy rate to...

U.S. corporate bond offerings surge amid rising treasury yields- report

-- The U.S. corporate debt market has witnessed a surge in new bond offerings this week, driven by rising Treasury yields that have increased demand for debt,...

Wells Fargo sees mixed outlook for Canadian economy in 2025 amid U.S. tariff policy, local politics

- Wells Fargo (NYSE:WFC) on Wednesday released its outlook on the Canadian economy, highlighting a mixed forecast for 2025, with the household sector showing...

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