BERLIN, Nov 22 Reuters German Chancellor Olaf Scholz39;s government looks set to delay talks on next year39;s budget as it struggles to find a way out of a deepening crisis caused by a court ruling that has forced a freeze on new spending pledges. A delay to the talks scheduled for Thursday would underscore the […]

Nov 22 Reuters Some of the major banks in the world expect global economic growth to ease further in 2024, squeezed by elevated interest rates, higher energy prices and a slowdown in the world39;s two largest economies. The global economy is forecast to grow 2.9 this year, a Reuters poll showed, with next year39;s growth seen slowing […]

SINGAPORE, Nov 22 Reuters Singapore39;s economy grew faster than initial estimates in the third quarter, helped by a resurgence in tourism and service sector activity, although authorities warned of risks to the outlook from inflation and geopolitics. Gross domestic product GDP rose 1.1 yearonyear, government data showed on Wednesday, higher than the initial estimates of 0.7 […]

TOKYO, Nov 22 Reuters Japan39;s government on Wednesday slashed its view on the economy for November in its first such downgrade in 10 months, as weak demand weighed on capital spending and consumer expenditure. Authorities also cut their view on capital expenditure for the first time since December 2021, saying the pace of recovery was […]

MUMBAI, Nov 22 Reuters India39;s central bank Governor Shaktikanta Das on Wednesday cautioned the country39;s lenders against all forms of exuberance days after tightening rules for consumer loans. While credit growth is accelerating, banks and non bank finance companies NBFCs need to ensure lending to individual categories is sustainable, Das said at an event in Mumbai. All […]