Oct core orders 0.7 mm vs f39;cast 0.5 Core orders 2.2 yryr vs f39;cast 5.1 Govt keeps view machinery orders are 39;stalling39; TOKYO, Dec 14 Reuters Japan39;s core machinery orders unexpectedly rose in October, climbing for a second straight month, data showed on Thursday, but remained down yearonyear as uncertainty about the global economy pared […]

TOKYO, Dec 14 Reuters The tax reform panel of Japan39;s ruling Liberal Democratic Party has agreed on income tax breaks aimed at offsetting the pain of price hikes on households to help change decades of deflationary mindset, a document reviewed by Reuters showed on Thursday. The LDP, and its small coalition ally Komeito, decided to […]

BANGKOK, Dec 14 Reuters Thailand39;s economic growth is expected at 2.5 this year before accelerating to 3.2 in 2024, supported by a recovery in tourism, exports and sustained private consumption, the World Bank said on Thursday. The growth outlook for 2023 and 2024 was reduced from 3.4 and 3.5 estimated in October, respectively. Southeast Asia39;s […]

WELLINGTON, Dec 14 Reuters New Zealand39;s economy unexpectedly contracted in the third quarter as a number of industries including manufacturing and construction saw activity slow and household spending eased. Official data out on Thursday showed gross domestic product GDP fell 0.3 in the September quarter, lower than analysts39; forecasts of a 0.2 rise. It followed […]

ECB to hold rates at record highs Likely to cut 2024 inflation, GDP forecasts Lagarde seen pushing back against rate cut bets End of bond buys may be brought forward FRANKFURT, Dec 14 Reuters The European Central Bank faces a difficult balancing act on Thursday as it likely slashes its forecasts for growth and inflation […]