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Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.
By Kevin Yao and Ellen Zhang BEIJING (Reuters) – China added extra dwelling home equipment to the listing of merchandise that can be utilized in its shopper trade-in scheme and can supply subsidies for extra digital items this yr, in…
By Kate Abnett and Christian Levaux BRUSSELS (Reuters) – International efforts to deal with local weather change shall be dealt a extreme blow if U.S. President-elect Donald Trump once more pulls the nation out of the Paris Settlement, the EU’s…
BEIJING (Reuters) – China has expanded the scope of a client items trade-in scheme and can give extra subsidies for digital purchases this 12 months, in an effort to revive sluggish home demand, an official coverage doc confirmed on Wednesday.…
By Shivangi Acharya and Nikunj Ohri NEW DELHI (Reuters) -After world-beating financial development final yr, India’s policymakers are scrambling to move off a pointy slowdown as worsening international circumstances and home confidence wipe out a latest inventory market rally. On…
By Shivangi Acharya and Nikunj Ohri NEW DELHI (Reuters) -After world-beating financial development final 12 months, India’s policymakers are scrambling to move off a pointy slowdown as worsening international situations and home confidence wipe out a current inventory market rally.…
Investing.com – US inventory futures inch up after a stable set of financial figures contributed to a slide in equities within the earlier session. Extra knowledge on Wednesday might give additional perception into the state of the US labor market,…
By Nuzulack Dausen DAR ES SALAAM (Reuters) – Tanzania’s central financial institution left its key rate of interest unchanged at 6% on Wednesday, holding it regular for a 3rd consecutive coverage assembly, with an intention of retaining inflation under its…
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka will concentrate on stronger restoration this 12 months after the island nation posted actual GDP progress of 5% in 2024, the very best in seven years, its central financial institution chief stated…
By Jorge Garcia and Mike Blake LOS ANGELES (Reuters) – A quickly rising wildfire raged throughout an upscale part of Los Angeles on Tuesday, destroying quite a few buildings and creating site visitors jams as greater than 30,000 individuals evacuated,…
FRANKFURT (Reuters) – Euro zone households might preserve saving a big portion of their earnings to rebuild wealth misplaced to excessive inflation, the European Central Financial institution argued, suggesting lacklustre consumption will proceed to weigh on development within the close…