Canada’s GDP contracts in August, might avoid a recession in third quarter
August GDP drops by 0.3%, September growth likely to be 0.1% Both services and goods sectors contracted, StatsCan…
BOJ chief signals chance of rate hike soon, says wage momentum key
Item 1 of 2 Bank of Japan Governor Kazuo Ueda attends a press conference after a BOJ policy…
US pending home sales flat in September; job market worries likely dissuading buyers
Pending home sales unchanged in September Softening labor market, economic uncertainty sidelining prospective home buyers Government shutdown delaying…
Asia stocks rise on AI optimism, investors gird for Fed, tech earnings
Asia shares upbeat; eyes on earnings from tech giants Microsoft, Alphabet, Meta report after the bell 25bp Fed…
Japan’s new economy minister says weak yen has benefits to growth
Weak yen could weigh on households’ purchasing power Weak yen boosts exporters’ profits, domestic investment Pain from weak…
China expected to adopt more supportive fiscal and monetary policy, PBOC adviser says
SHANGHAI, Oct 25 (Reuters) – China is expected to adopt more supportive monetary and fiscal policies to bolster…
White House says October inflation data unlikely to be released next month
Government shutdown halts inflation data collection Economists worry about impact on economic surveillance Bureau of Labor Statistics unlikely…
Euro zone business activity growth accelerates as demand jumps, PMI shows
Germany’s private sector records strongest growth in nearly 2-1/2 years France’s activity declines amid volatile political climate Euro…