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Turkey inflation drop hints at further rate cut to 45.0%- economist

-- Turkey experienced a larger-than-expected decrease in inflation last month, falling to 44.4% from 47.1% in November. The inflation decline was more than both our...

Norway sovereign wealth fund makes $1.07 billion US real estate transaction

COPENHAGEN (Reuters) -Norway's sovereign wealth fund said on Friday it had acquired a 45% stake in a portfolio of logistics properties in the United States from the Canada Pension...

Take Five: And we're off

LONDON (Reuters) - The first full trading week of 2025 brings key U.S. jobs data as well as Chinese and euro zone inflation numbers. These come against a backdrop of unease over...

Futures higher, ISM manufacturing PMI ahead - what's moving markets

- US stock index futures pointed up on Friday, suggesting a rebound from a negative start to the trading year on Wall Street marked by a slide in shares in...

Turkish annual inflation falls more than expected to 44.38%

ISTANBUL (Reuters) - Turkish annual consumer price inflation fell more than expected to 44.38% in December, official data showed on Friday, with education, housing and restaurant...

China gives government workers first big pay bump in a decade to boost economy

BEIJING (Reuters) -Millions of government workers across China were given surprise wage increases this week, people affected by the move said, as Beijing looks to boost spending...

Asian stocks gain, dollar at two-year high as US rates, Trump in focus

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was steady near a two-year high against a...

Dollar set for best week since November on US rates, economic outlook

By Rae Wee SINGAPORE (Reuters) -The dollar was on track for its best weekly performance in over a month on Friday, underpinned by expectations of fewer Federal Reserve rate cuts...

China will sharply increase funding from treasury bonds to spur growth in 2025

BEIJING (Reuters) - China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner...

Morning Bid: As stocks waver, dollar remains the surest bet

A look at the day ahead in European and global markets from Ankur Banerjee While stock markets shrugged off the dim start to 2025, the higher-for-longer U.S. rates theme has left...

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