SHANGHAI, Oct 31 Reuters China39;s central bank has injected 500 billion yuan 70.24 billion into its banking system during October through a new reverse repurchase tool announced earlier this week, the bank said on Thursday. The People39;s Bank of China PBOC said the repo operations aimed to keep banking system liquidity reasonably ample. The tenor […]

Q3 GDP expands 1.8 yy versus revised 3.2 in Q2 Q3 seasonally adjusted GDP down 1.1 qq Economy should grow in remainder of year, government says HONG KONG, Oct 31 Reuters Hong Kong39;s economy grew 1.8 in the third quarter yearonyear, official advance estimates showed on Thursday, expanding for a seventh straight quarter. The result […]

BERLIN, Oct 31 Reuters German plant and equipment makers39; orders fell in September, after a oneoff rise in August, the VDMA association said on Thursday, as a doubledigit fall in domestic contracts were cushioned by those from abroad remaining stable. Overall, orders were down 4 in real terms on the year in September, following a […]

TAIPEI, Oct 31 Reuters Taiwan39;s tradedependent economy grew more than expected in the third quarter of 2024, thanks to stronger demand for new applications such as artificial intelligencerelated products. Taiwan is a key hub in the global technology supply chain for companies such as Apple and Nvidia, and home to the world39;s largest contract chipmaker, Taiwan […]

China mulls 1.4trln new debt issuance over next few years Package tackles debt overhang for local govts, developers Measures have stabilising effect, but no instant growth impact Longterm queries over high debt, weak consumption remain BEIJING, Oct 30 Reuters China39;s planned fiscal package targets damaged property and local government balance sheets that weigh on the […]

Most popular US homeloan rate is up 60 basis points since Fed39;s Sept rate cut Rise in mortgage rate tied to stronger economic data, bets on Trump White House win Previous decline in mortgage rates had fueled burst of interest in homebuying Oct 30 Reuters The interest rate for the most popular U.S. home loan […]

HONG KONG, Oct 30 Reuters Hong Kong saw fresh records of homebuying from mainland Chinese in the first threequarters following efforts by the financial city to attract foreign professionals and remove purchase curbs, major realtor Centaline Property Agency said. In the first nine months, 8,133 new and secondhand homes, representing 24 of total sales, were […]

Midcap stocks outperformed bluechip index despite new tax rises Small cap stocks saw a significant boost, led by AIM index Banks, homebuilders, betting companies, and pubs benefited from budget measures LONDON, Oct 30 Reuters UK mid cap stocks enjoyed a lift on Wednesday as market players deemed the new Labour government39;s first UK budget to […]

LONDON, Oct 30 Reuters Britain will not extend a freeze on the amount of money that people can earn taxfree beyond 20282029, finance minister Rachel Reeves said in her first budget speech on Wednesday. The policy was first implemented by the former Conservative government in March 2021 when the threshold was frozen until 2026. It […]

GDP up 0.2 in Q3 from Q2; 0.1 decline had been expected Overall inflation went up to 2.4 from 1.8 in September Jobless data worse than expected in Europe39;s largest economy 39;Far from what we need but…a ray of hope,39; economy minister says BERLIN, Oct 30 Reuters Germany39;s gross domestic product unexpectedly increased in the […]