US factory activity slows in November, inventory piling up amid softening demand
U.S. factory activity slowed to a four-month low in November as higher prices because of tariffs on imports restrained demand,…
Euro zone business activity grows steadily in November, PMI shows
Euro zone business activity grew steadily this month as services expanded at the quickest pace in 1-1/2 years, while weak…
Japan factory activity down for fifth month in November, PMI shows
Japan’s manufacturing activity contracted for a fifth month in November, albeit at a slower pace than in the previous month…
Fed’s Williams says Fed can still cut rates in the “near term,” boosting odds of a December move
The U.S. Federal Reserve can still cut interest rates “in the near term” without putting its inflation goal at risk,…
UK economy stumbles in run-up to next week’s budget
Measures of Britain’s businesses, consumers and public finances are all showing signs of deterioration in the run-up to next week’s…
UK retail sales and consumer morale slide ahead of budget
British retail sales tumbled in October and a closely watched gauge of household sentiment fell this month, adding to signs…
ECB, RBI agree to start initial phase of interlinking domestic payment systems
The central banks of India and the European Union have agreed to start the initial phase of linking domestic payments…
G20 envoys agree draft leaders’ declaration without US at summit, sources say
G20 envoys have agreed on a draft leaders’ declaration ahead of this weekend’s summit in Johannesburg without U.S. input, four…
Japan premier’s advisers will speak at business event before BOJ meeting
Reflationist advisers of Japan’s new prime minister Sanae Takaichi will speak on a panel hosted by Keidanren on December 17…
Fed’s Collins leans against December rate cut in CNBC interview
Federal Reserve Bank of Boston President Susan Collins said on Friday that monetary policy is in the right place amid…