BERLIN, Dec 13 Reuters German exports to countries bordering Russia grew by almost a third from January to October, while exports to Russia declined by around 40, the federal statistical office said on Wednesday. Excluding Russia, German exports to Commonwealth of Independent States CIS, made up of former Soviet republics, rose 30 to 7.3 billion […]

Big manufacturers39; sentiment index 12 vs f39;cast 10 Nonmanufacturers39; index 30 vs f39;cast 27 Big firms see capex increase of 13.5 this fiscal year Corporate inflation expectations stay above 2 tankan TOKYO, Dec 13 Reuters Business confidence at big Japanese manufacturers hit a near twoyear high in the three months to December, a closely watched […]

Coalition agrees budget after month of tense talks Berlin bets on austerity instead of suspending debt brake Deal is win for FDP, could help hold coalition together BERLIN, Dec 13 Reuters Germany39;s government clinched a lastminute deal on its 2024 budget on Wednesday that will see Berlin return to its selfimposed limits on new debt […]

MANILA, Dec 13 Reuters Developing Asia will likely end the year on a brighter note, the Asian Development Bank said on Wednesday, with growth in the region expected to be stronger than previously thought due mainly to a recovery in China39;s economy. The ADB raised its 2023 growth forecast for developing Asia to 4.9 from […]

Bank says current key rate at neutral level still appropriate Says inflation seen low or negative into early next year Says minimum wage hikes won39;t affect inflation forecasts BANGKOK, Dec 13 Reuters Thailand39;s current policy rate at a neutral level remains appropriate for the economy, while inflation is expected to gradually increase to within a […]

ZURICH, Dec 13 Reuters The Swiss economy will grow well below average in 2024, the government said on Wednesday, citing potential economic risks such as a slowdown in Germany and China and higher interest rates dampening demand for Swiss products. The wealthy country39;s economy will expand by 1.1 next year, the State Secretariat for Economic […]

LONDON, Dec 13 Reuters Britain39;s economy shrank in October, official data showed on Wednesday, raising the risk of a recession and testing the Bank of England39;s resolve to stick to its tough antiinflation line against cutting interest rates from their 15year high. Gross domestic product GDP fell by 0.3 from September, the Office for National […]

BRUSSELS, Dec 13 Reuters Euro zone industrial production declined by more than expected in October, with the sharpest drop for capital goods such as machinery, reinforcing survey indications that the singlecurrency area is in a recession. The European Union39;s statistics office Eurostat said on Wednesday that industrial production in the 20 countries sharing the euro […]