New Zealand central bank governor reiterates rates likely low through 2026
WELLINGTON, Dec 17 (Reuters) – New Zealand’s top central banker said on Wednesday the official cash rate was…
Romania’s government survives no-confidence vote over judicial pensions
Government aims to cap judicial pensions, raise retirement age Top court to rule on judicial pension reform on…
Old meets new economy: AI boom to supercharge European banks’ rally
Banks are ‘cost winners’ of AI boom, BlackRock says European banks remain undervalued, despite strong rally AI could…
China’s economy stalls in November as calls for reform grow
Factory output, retail sales grow at weakest pace in over a year Data highlight weak domestic demand alongside…
South Korea reviewing dollar bond issuance at National Pension Service
NPS faces scrutiny for dollar-buying affecting won Legislation needed for NPS to issue dollar bonds Bank of Korea…
China to boost exports, imports in 2026, seeking ‘sustainable’ trade, official says
BEIJING, Dec 13 (Reuters) – China plans to expand exports and imports next year as part of efforts…
Wall St Week Ahead Investors eager for delayed data to shed light on US economy
Jobs data due Tuesday, CPI out on Thursday Reports on economy come after Fed rate cut Tech slide…
BREAKINGVIEWS Britain’s malaise calls for supply-side revolution
LONDON, Dec 11 (Reuters Breakingviews) – Europe’s near-two-decade economic malaise is threatening to destabilise its politics. President Donald…
Exclusive: Russia’s monthly oil and gas revenue poised to hit lowest since August 2020
Annual oil and gas revenue to fall short of budget projection Returns hit by cheaper crude and stronger…
New Fed projections to reset economic outlook after volatile year
Projections to set baseline for Powell’s successor, show potential for further rate cuts Inflation, affordability issues remain unresolved…
US labor cost growth slows in third quarter as labor market conditions soften
Item 1 of 2 Construction workers paint a residential housing project during a heat wave, in Carlsbad, California,…
China’s car sales extend decline in November in biggest drop in 10 months
Car sales -8.5% y/y in Nov vs -0.8% y/y in Oct Boost from front-loading of govt subsidised purchases…