BERLIN () – The number of people out of work in Germany rose less than expected in December, federal labour office figures showed on Friday. The office said the number of unemployed increased by 10,00...
By Rae Wee SINGAPORE () -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 this year and the view that t...
BEIJING () – 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 to support the slowing econo...
By Ankur Banerjee SINGAPORE () -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 basket of currencies as investor...
BEIJING () – China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner official said on Friday, as Beiji...
By Ankur Banerjee SINGAPORE () – Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was perched at a two-year high against a basket of currencies as investor...
BEIJING () -China’s central bank said it is likely to cut interest rates from the current level of 1.5% “at an appropriate time” in 2025, the Financial Times reported on Friday citing comments the ban...
By Karen Brettell NEW YORK () -The U.S. dollar jumped to a two-year high on Thursday in the first day of 2025 trading, building on last year’s strong gains on expectations U.S. growth will beat peers ...
Investing.com– The People’s Bank of China plans to cut interest rates further in 2025, as it brings monetary policy more in line with traditional policies in the U.S. and Europe, the Financial Times r...
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By Chuck Mikolajczak NEW YORK () -Global stocks fell on Thursday as early gains faded, continuing the year-end downdraft into the first trading day of the new year, while the dollar hit a two-year hig...
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK () -Some of the world’s largest hedge funds finished 2024 with comfortable double-digit returns, benefiting from chaotic markets, central bank poli...
