S&P upgrades South Africa for first time in nearly 20 years as reforms gain traction
Nov 14 (Reuters) – South Africa on Friday secured its first credit rating upgrade in nearly 20 years…
French lawmakers vote to approve suspension of unpopular pension reform
French lawmakers poised to approve pension reform suspension France struggling to rein in budget deficit Pension freeze gives…
Swiss machine maker feels heat from auto sector slowdown, Trump’s tariffs
Swiss machine maker lays off staff after US tariffs Pfiffner already struggling due to car industry woes Weak…
Switzerland wins US tariff rate cut to 15%, pledges $200 billion in US investments
Swiss government says US tariff rate to fall to 15% from 39% US trade chief Greer says Switzerland…
US, Japan share unorthodox anti-inflation tool – fiscal stimulus
ORLANDO, Florida, Nov 13 (Reuters) – The United States and Japan are both employing a novel inflation-fighting tool:…
Japan’s wholesale prices rise more than expected on sticky food inflation
TOKYO, Nov 13 (Reuters) – Japan’s wholesale prices rose more than expected in October as the cost of…
Chinese firms say EU business conditions have deteriorated for sixth year
BRUSSELS, Nov 12 (Reuters) – Chinese companies in the European Union say business conditions in the bloc have…
China to step up policy support for private investment in energy sector
Focus on nuclear, hydropower, and cross-regional power transmission projects Private firms can hold up to 20% in major…
Egypt’s consumer price inflation accelerates to 12.5% in October
Nov 10 (Reuters) – Egypt’s annual urban consumer price inflation rose more than expected to 12.5% in October,…
AI clouds up the economic dashboard
LONDON, Nov 10 (Reuters) – The return of U.S. economic data when Washington reopens may do little to…
Takaichi flags looser fiscal goal, urges BOJ rate hike caution
PM to instruct work on new fiscal target extending several years Takaichi’s focus on growth complicates BOJ’s rate-hike…
UK firms plan 3% pay rises in coming year, see AI hit to jobs, survey shows
LONDON, Nov 10 (Reuters) – British employers expect to raise wages by 3% in the next 12 months,…