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Economy

China urges Philippines to return to ‘peaceful development’

BEIJING (Reuters) – China’s foreign ministry on Thursday urged the Philippines to return to “peaceful development”, saying Manila’s decision to deploy a…
Economy

China revises up 2023 GDP to $17.73 trillion

BEIJING (Reuters) – China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion),…
Economy

World bank raises China’s GDP forecast for 2024, 2025

(Reuters) – The World Bank on Thursday said it raised its forecasts for China’s gross domestic product growth for 2024 and 2025…
Economy

Dollar stays resilient, Asia shares get festive lift

By Rae Wee SINGAPORE (Reuters) – Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the week…
Economy

Spain’s industrial prices rise 0.9% year-on-year in November

MADRID (Reuters) – Spanish industrial prices rose 0.9% in the 12 months through November, after a 3.9% decrease in the 12 months…
Economy

Turkish cenbank rate cut expectations rise after 30% minimum wage hike

By Nevzat Devranoglu ANKARA (Reuters) – Expectations of a Turkish central bank rate cut strengthened on Wednesday after a less-than-requested minimum wage…
Economy

The Trump factor: EU defence sector to keep holding a strong premium through 2025

Investing.com — The European defense sector is expected to sustain its valuation premium over the broader market through 2025, buoyed by increased…
Economy

Turkey raises monthly minimum wage by 30% for 2025

ISTANBUL (Reuters) – Turkey’s net monthly minimum wage will be 22,104 Turkish lira ($630.36) in 2025, Turkish President Tayyip Erdogan said on…
Economy

China extends EU brandy anti-dumping investigation by three months

BEIJING (Reuters) -China’s commerce ministry said on Wednesday it would extend its anti-dumping investigation into brandy originating from the European Union by…
Economy

Chinese tricksters take cue from Squid Game to prey on the indebted

By Ryan Woo, Ethan Wang and yukun zhang BEIJING (Reuters) – In China’s take on Squid Game, fraudsters are preying on the…
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