BERLIN, Oct 14 Reuters Current economic indicators point to continued weakness in the German economy in the past quarter, the economy ministry said in its monthly report on Monday. The weak economic phase is likely to continue in the second half of 2024 before growth momentum gradually picks up again in the coming year, said […]

Announcements revive stocks, property in large cities Confidence has not fully returned, analysts say Wouldbe homebuyers wait for stimulus details SHENZHEN, China, Oct 14 Reuters Chinese finance industry professional Zhang Jing made enough money from a recent stock market rally to consider hopping on the housing ladder but wants to hear more from the government […]

NEW DELHI, Oct 14 Reuters India39;s wholesale price index based inflation rose 1.84 in September on the back of higher food prices. The September print was lower than the 1.92 increase projected by economists in a Reuters poll and up from 1.31 in August, according to government data released on Monday. Food prices rose 9.5 yearonyear in […]

BERLIN, Oct 14 Reuters Germany is considering whether it should tighten the reporting requirements for investors who are building up stakes in the nation39;s companies, the finance ministry said on Monday. The move comes after Italy39;s UniCredit recently acquired a hefty stake in Germany39;s Commerzbank that took the government by surprise. Germany is examining whether it could […]

WASHINGTON, Oct 11 Reuters U.S. consumer sentiment slipped in October amid lingering frustration over high prices, a survey showed on Friday. The University of Michigan39;s preliminary reading on the overall index of consumer sentiment came in at 68.9 this month, compared to a final reading of 70.1 in September. Economists polled by Reuters had forecast […]

Ukraine has appealed to people to invest in state debt Ongoing war has drained coffers, raising borrowing needs Retail investors increase their exposure to war bonds Despite rising demand, share of overall borrowing is small KYIV, Oct 10 Reuters Buy new bonds. It39;s like a donation, lawyer Olesia Mykhailenko wrote, urging her nearly 14,000 social […]

Oct 11 Reuters Shares of private lender Bandhan Bank rose about 10 on Friday after India39;s central bank approved the appointment of its new CEO, which analysts said would ensure management stability. The Reserve Bank of India on Thursday approved the appointment of Partha Pratim Sengupta as CEO and managing director of the bank. He will replace Chandra […]

TOKYO, Oct 11 Reuters Japan39;s core consumer inflation rate likely eased in September as energy costs eased due to government subsidies, while export growth slowed sharply, a Reuters poll showed on Friday. The core consumer price index CPI, which includes oil products but excludes fresh food prices, was expected to have risen 2.3 in September […]

Govtfunded school meals suffer cutbacks amid rising food prices Teachers, families report inadequate budgets affecting meal quality High food inflation impacts nutrition for impoverished children ODISHA, India, Oct 11 Reuters Nearly two years of elevated food inflation in India is leaving less in the lunch boxes of impoverished children, as government funded school meals suffer […]

LONDON, Oct 11 Reuters Britain39;s economy grew in August after two consecutive months of no growth, something that will reassure finance minister Rachel Reeves ahead of the new Labour government39;s first budget. Economic output rose by 0.2 in monthly terms in August, according to figures from the Office for National Statistics that were in line […]