ZURICH, Nov 1 Reuters Swiss inflation fell to its lowest level in more than three years in October, government data showed on Friday, pointing towards more interest rate cuts by the Swiss National Bank this year and into 2025. Swiss consumer prices rose by 0.6 in October compared with the same month a year earlier, […]

SYDNEY, Nov 1 Reuters Australian household spending fell in September as consumers cut back on clothing and cars, data showed on Friday, further confirmation that billions of dollars in recent tax cuts were being saved rather than spent. That should be a downside surprise to the Reserve Bank of Australia RBA which had expected consumption […]

BEIJING, Nov 1 Reuters Prices of new homes in China rose at a faster pace in October, traditionally a peak season for house hunting, a private survey showed on Friday, suggesting that recent support measures could be having some early impact in a crisishit market. The average price across 100 cities edged up 0.29, compared […]

  Weekly jobless claims fall 12,000 to 216,000 Continuing claims drop 26,000 to 1.862 million Consumer spending increases 0.5 in September Core PCE price index rises 0.3; up 2.7 yearonyear Labor costs post smallest gain in over three years in Q3 WASHINGTON, Oct 31 Reuters The number of Americans filing new applications for unemployment benefits […]

August GDP dented by weakness in goodsproducing sector July growth downwardly revised to 0.1 from 0.2 Growth likely to hit 0.3 in September, Q3 seen up 1 OTTAWA, Oct 31 Reuters Canada39;s economy is likely to miss the Bank of Canada39;s revised thirdquarter forecast after a slew of temporary factors stalled gross domestic product growth […]

BUDAPEST, Oct 31 Reuters Hungary has proposed to increase some taxes in line with the July headline inflation rate from 2025, part of wider efforts by Prime Minister Viktor Orban39;s government to plug budget holes as the economy dips back into recession. Hungary39;s central bank, which was forced to pause interest rate cuts last week […]

Oct 31 Reuters French consumer prices rose in line with expectations in October, preliminary data from statistics agency INSEE showed on Thursday. France39;s harmonized inflation rate, adjusted for comparison with other euro zone countries, increased to 1.5 yearonyear in October. A poll of 19 economists surveyed by Reuters was expecting a rise of 1.5 on […]

SHENZHEN, China, Oct 31 Reuters Chinese smartphone maker Honor announced on Thursday new investors that included China Telecom and a unit of CICC Capital Corp, almost a year after it said it was planning an initial public offering IPO. Honor, a former unit of Huawei Technologies HWT.UL, did not disclose the amount of the investment. […]

Manufacturing expands for first time in six months Construction and services avoid falling into contraction Reinforces officials39; belief Sept stimulus can revive economy Fourth quarter is off to a good start, economists say BEIJING, Oct 31 Reuters China39;s manufacturing activity expanded for the first time in six months and services picked up in October, indicating […]

BENGALURU, Oct 31 Reuters Global economic growth will maintain its robust pace next year as major central banks implement a series of interest rate cuts against the backdrop of a strong U.S. economy, according to a Reuters poll of around 500 economists. Next week39;s hotlycontested U.S. presidential election could limit the growth picture, however, by […]