Bessent says U.S. will finish the year with 3% GDP growth, sees ‘very strong’ holiday season
Treasury Secretary Scott Bessent said that it’s been a “very strong” holiday shopping season so far and predicted that the…
China’s exports top expectations on strong sales to non-US markets
China’s exports topped forecasts in November, driven by a surge in shipments to non-U.S. markets as manufacturers deepen trade ties…
Fitch Rtgs: Asia-Pacific Sovereigns Outlook ‘Neutral’ for 2026, Reflecting Resilience
Most sovereigns in the region should have sufficient buffers in 2026 to weather higher US tariffs and slower growth in…
UK jobs market slowed again in November before budget, survey shows
Britain’s jobs market remained weak last month in the run-up to finance minister Rachel Reeves’ budget on November 26 as…
Japan’s Q3 GDP contraction worsens on weak capex; unlikely to sway BOJ on rate hike
Japan’s economy contracted faster than initially estimated in the three months through September, primarily due to new data dragging down…
ECB’s next move may be a hike, but not anytime soon, Schnabel tells Bloomberg News
The European Central Bank’s next move may be an interest rate hike, rather than a cut as some still expect,…
Steering away from the Bentley: Chinese super-rich in Singapore turn to low-key luxury
Faced with growing scrutiny by authorities at home and in Singapore, mainland Chinese living in the city-state are being more…
German industrial production shows tentative signs of bottoming out
German industrial production increased by 1.8% month-on-month in October, from a downwardly revised 1.1% MoM in September. The October improvement…
Waiting for a sudden surge: the eurozone’s Big 4
Germany: Waiting for the ketchup bottle effect Germany has been both the eurozone’s greatest disappointment and its main source of…
Nomura joins global brokerages in forecasting Fed rate cut this week
expects the U.S. Federal Reserve will deliver an interest rate cut at this week’s policy meeting, joining global peers in…