MUMBAI, Dec 26 Reuters India39;s current account deficit narrowed more than expected in the JulySeptember quarter largely due to a lower merchandise trade deficit while services exports also grew, the central bank said in a statement on Tuesday. The current account deficit stood at 8.3 billion, or 1 of GDP, in the second quarter of fiscal 202324 […]

Dec exports likely 6.6 yy vs 7.7 in Nov Dec imports likely 11.4 yy vs 11.6 in Nov AIrelated memory chips and other IT demand supports recovery economists SEOUL, Dec 27 Reuters South Korea39;s exports likely rose for a third month in December albeit at a slower pace, as stronger electronics demand is seen supporting […]

BEIJING, Dec 27 Reuters China39;s November industrial profits posted doubledigit gains as overall manufacturing improved, although soft demand continued to constrain business growth expectations, emboldening calls for more macro policy support. The 29.5 profit rise came on top of a 2.7 increase in October and alongside a pickup in industrial output in November, although other […]

Dec 26 Reuters U.S. retail sales rose 3.1 between Nov. 1 and Dec. 24, as shoppers looked for lastminute Christmas deals amid big promotions, a Mastercard report showed on Tuesday. The increase is lower than the 3.7 growth Mastercard forecast in September and last year39;s 7.6 rise as higher interest rates and inflation pressured consumer […]

NEW YORK, Dec 26 Reuters Annual home prices in October rose again, pointing toward continued recovery of the housing market, data on Tuesday showed. A Federal Housing Finance Agency FHFA report showed home prices grew 6.3 on a yearly basis, up from a revised 6.2 the month prior. Annual price growth began to accelerate in […]