The UK economy grew fractionally during the final three months of 2024, according to early official figures, which ease the immediate risk of a recession. The Office for National Statistics (ONS) reported a 0.1% rise in gross domestic product (GDP) during the fourth quarter, with only a recovery for growth in Christmas spending and manufacturing

The UK economy grew fractionally during the final three months of 2024, according to early official figures which ease the immediate risk of a recession. The Office for National Statistics (ONS) reported a 0.1% rise in gross domestic product (GDP) during the fourth quarter, with growth in services and manufacturing during December coming to the

Investing.com - The yields on UK government bonds rose Thursday after Chancellor Rachel Reeves said she was prepared to announce new measures to ensure it meets its fiscal rules in March. At 06:20 ET (11:20 GMT), the yield on benchmark 10-year UK government bonds, known as gilts, rose 6 basis points to 4.70%. Prices and

By Darya Korsunskaya, Guy Faulconbridge and Gleb Stolyarov MOSCOW () -President Vladimir Putin has grown increasingly concerned about distortions in Russia's wartime economy, just as Donald Trump pushes for an end to the Ukraine conflict, five sources with knowledge of the situation told . Russia's economy, driven by exports of oil, gas and minerals, grew

By Kevin Buckland and Harry Robertson TOKYO/LONDON () -The dollar traded in narrow ranges against major peers on Thursday, as the currency continued to struggle for direction in the absence of concrete announcements on tariffs from U.S. President Donald Trump. A spate of central bank policy decisions could move currencies over the next week, with

Capital Economics forecasts the Bank of Canada would likely opt for a 25 basis point reduction in its policy rate in the upcoming meeting, despite recent economic data that could warrant a pause in rate cuts. The decision is influenced by the persistent threat of tariffs, which poses a risk to the economic outlook. In

MOSCOW () - The Russian economy has shown resilience during the three years of war in Ukraine and Western sanctions. However, as the war approaches its fourth year, the economy faces major challenges with key economic policymakers at odds on how to address them. Economists describe the outlook for 2025 as an "ideal storm" with

By Darya Korsunskaya, Guy Faulconbridge and Gleb Stolyarov MOSCOW () - President Vladimir Putin has grown increasingly concerned about distortions in Russia's wartime economy, just as Donald Trump pushes for an end to the Ukraine conflict, five sources with knowledge of the situation told . Russia's economy, driven by exports of oil, gas and minerals

SINGAPORE () - Singapore's key consumer price gauge rose 1.8% in December from a year earlier, higher than economist forecasts and the lowest in more than three years, official data showed on Thursday. The core inflation rate, which excludes private road transport and accommodation costs, was above the 1.7% forecast by a poll of economists

By Leika Kihara () -The Bank of Japan concludes its first policy meeting of the year on Friday with the outcome to be announced days after the inauguration of U.S. President Donald Trump. Here is a guide on what to expect and why the BOJ's rate review matters: WHEN DOES THE BOJ MEETING TAKE PLACE?