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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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. …
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(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 …
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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 …
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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 …
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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, …
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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 …
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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 …
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(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 …
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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 …
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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 …
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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 …
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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. …
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Biden officials reject Moody’s shift to ‘negative’ outlook, point to Republican ‘dysfunction’
by ReutersWASHINGTON (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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …