SYDNEY (Reuters) – Australian home prices rose last year, a significant turnaround from the 5% dip seen in 2022, but interest rate hikes and persistent cost of living pressures have…
By Ceyda Caglayan and Can Sezer ISTANBUL (Reuters) – Turkey’s larger-than-expected minimum wage hike, which impacts some 7 million workers, is expected to push already elevated inflation even higher in…
LISBON (Reuters) – The Bank of Portugal on Friday lowered next year’s economic growth forecast to 1.2% from 1.5% it had set in October, in a slowdown from this year’s…
BANGKOK (Reuters) – Thailand’s economic growth is expected at 2.5% this year before accelerating to 3.2% in 2024, supported by a recovery in tourism, exports and sustained private consumption, the…
BOGOTA (Reuters) – Non-financial industry companies in Latin America are facing a negative outlook for next year because of continued high interest rates, slow regional economic growth and projected low…
BEIJING (Reuters) – Fitch Ratings said on Wednesday that its outlook for China in 2024 was neutral, but the country would continue to see headwinds from subdued external demand, property…
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Asian equities attracted substantial foreign investment in November, signalling the prospects of continued inflows next year, bolstered by a decrease in U.S.…
(Reuters) – New Zealand’s Fonterra Co-operative on Thursday increased its fiscal 2024 earnings and farmgate milk price forecasts, citing strengthening demand for reference commodity products from key importing regions. The…
SINGAPORE (Reuters) – Ratings agency S&P Global Ratings said on Wednesday there have been no changes in its ratings on China, a day after its peer Moody’s downgraded its outlook…
DUBAI (Reuters) – Growth in non-oil business activity in Saudi Arabia eased in November from the previous month as a decline in export demand and inflationary pressures weighed, but the…
By David Randall and Lewis Krauskopf (Reuters) – Investors seeking justification for breathtaking rallies in stocks and bonds are finding hope in the words of Federal Reserve Chair Jerome Powell,…
By Wayne Cole SYDNEY (Reuters) – Australian business investment rose to an eight-year high in the September quarter thanks to a rebound in mining, while plans for future spending were…
By Joanna Plucinska LONDON (Reuters) -EasyJet on Tuesday reported 2023 earnings slightly ahead of analysts’ expectations after a year of robust travel demand and forward bookings, but the British carrier…
(Reuters) – S&P Global Ratings on Friday revised Bahrain’s outlook to “stable” from “positive”, citing spending pressures that could push the country’s fiscal deficit wider than the credit ratings agency…
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Bayer’s strategic review will consider a potentially tougher outlook for cash flows, its CEO said on Tuesday, after the German conglomerate…
By Amina Niasse NEW YORK (Reuters) – U.S. home builder confidence weakened in November despite signs of easing mortgage rates that could bolster the outlook into the end of the…
By Ana Mano SAO PAULO (Reuters) – Brazilian food processor BRF SA is optimistic with the outlook for sales during the final quarter of 2023 based on the strength of…
By Ann Saphir and David Lawder SAN FRANCISCO (Reuters) – U.S. Treasury Secretary Janet Yellen on Monday pushed back on Moody’s decision last week to cut its outlook on U.S.…
WASHINGTON (Reuters) – Top Biden administration officials on Friday rejected a decision by Moody’s ratings agency to downgrade its U.S. economic outlook to negative from stable, calling the shift a…
By David Randall NEW YORK (Reuters) – Bargain hunters are swirling around beaten-down shares of U.S. banks, even as skeptical investors say the sector’s problems are likely to persist for…
FRANKFURT (Reuters) – Germany’s Allianz on Friday posted a 30% fall in its third-quarter net profit, dragged down by claims from natural catastrophes, although the financial services company maintained its…
SYDNEY (Reuters) – Australia’s central bank on Friday warned there were risks of further upside surprises to inflation following its latest hike in interest rates, while also raising forecasts for…
TRENTON, NJ — As the holiday season approaches, New Jersey residents face financial challenges amid rising inflation, prompting changes in traditional gift-giving practices. A survey from the personal finance website…
Baltimore is set to experience isolated showers starting after 1 p.m. today, with cloud cover increasing throughout the day and temperatures peaking near 81 degrees. Winds from the south at…
By Vera Eckert and Elke Ahlswede FRANKFURT (Reuters) – German container shipper Hapag-Lloyd on Thursday posted a net profit of 3.2 billion euros ($3.43 billion) for the first nine months…