AI succumbs to gravity in December
Without a doubt, anything to do with artificial intelligence has been the banner trade of 2025, lifting all boats, from…
China’s November new loans miss forecast as housing slump persists
China’s new bank loans rose less than expected in November, weighed down by a sharp slowdown in household borrowing amid…
UK economy stumbled during bumpy run-up to budget
Britain’s economy shrank unexpectedly in the three months to October, losing momentum in the fraught run-up to finance minister Rachel…
China’s small bank mergers shrink sector but raise financial risks
Many of China’s newly merged small banks have seen profits fall and capital buffers shrink over the past year, a…
Fed’s Goolsbee says dissent was in favor of waiting for more data, would have entailed little risk
Chicago Fed President Austan Goolsbee said Friday that he dissented against the central bank’s recent quarter-point rate cut because he…
Fed puts up guardrails for Jay Powell’s successor
The Federal Reserve’s eroding tradition of genteel consensus augurs a bigger clash with the White House. A divided decision to…
Cyprus to prioritise Moldova’s EU accession as it takes bloc’s presidency
Moldova’s bid to join the European Union will be a priority for Cyprus when it takes over the bloc’s rotating…
UK public inflation expectations ticked lower in November, BoE says
The British public’s expectations for inflation inched lower in November, according to a Bank of England survey published on Friday.…
Japan’s core inflation likely held at 3.0% in November: Reuters poll
Japan’s core inflation rate likely held well above the central bank’s 2% target in November, a Reuters poll showed on…
India fixed-income market defies dovish central bank as rates rise
India’s overnight index swaps and government bond yields have climbed in the past week despite the central bank’s recent rate…