SYDNEY, Nov 15 Reuters Australian wages posted the largest increase on record last quarter as a sharp rise in minimum wages benefited millions of workers, while intense competition among employers pushed up many individual pay deals. Yet analysts noted this was largely due to a confluence of factors that were unlikely to be repeated, and […]

Q3 GDP 2.1 annualised, 0.5 qtrqtr Consumption 0.0 qtrqtr, capex 0.6, exports 0.5 Japan lacks growth driver as global headwinds intensify TOKYO, Nov 15 Reuters Japan39;s economy contracted in JulySeptember, snapping two straight quarters of expansion on soft consumption and exports, complicating the central bank39;s efforts to gradually phase out its massive monetary stimulus amid […]

Industrial output, retail sales growth better than expected Property sales extend declines, investment slumps Oct indicators still show significant areas of economic weakness Economists expect RRR, interest rate cuts BEIJING, Nov 15 Reuters China39;s industrial output and retail sales growth beat expectations in October, but the underlying economic picture highlighted significant pockets of weakness with […]

FRANKFURT, Nov 15 Reuters Germany39;s heavy economic exposure to China carries significant risks for Europe39;s top economy, the country39;s secondlargest fund manager said, singling out the market for electric vehicles as a specific example for how that is likely to pan out. Union Investment, which has 432 billion euros 462 billion in assets under management, […]

U.S. October CPI flat vs 0.1 rise expected Fed funds futures price in rate cuts by May JGBs surge as Japan economy contracts SINGAPORE, Nov 15 Reuters Asian stocks surged to twomonth highs on Wednesday in anticipation of stimulus in China and an end to rate hikes in the United States, while the dollar nursed […]