Fourthquarter GDP forecast to increase at a 2.0 rate Consumer, government spending seen driving growth Inventory investment likely a drag on GDP growth WASHINGTON, Jan 25 Reuters The U.S. economy likely grew at its slowest pace in 112 years in the fourth quarter as businesses throttled back on inventory investment and consumer spending cooled a […]

TOKYO, Jan 25 Reuters The price of new apartments in Tokyo during 2023 averaged more than 100 million yen annually for the first time ever, pushed up by rising labour and construction costs as well as an influx of foreign investors on the yen39;s slide to a multidecade low. The average price of newly built […]

No policy change likely for months Markets see first rate cut in April or June ECB awaits key wage data before rate cuts Decision at 1315 GMT, press conference at 1345 GMT FRANKFURT, Jan 25 Reuters The European Central Bank will keep interest rates unchanged at a record high on Thursday and is likely to […]

BANGKOK, Jan 25 Reuters Thailand39;s Prime Minister Srettha Thavisin stressed on Thursday that the country39;s economy was in need of a big injection of stimulus to get out of what he called a crisis, and said it was at risk of falling further behind its competitors. Speaking at a business forum, Srettha painted a bleak […]

FRANKFURT, Jan 25 Reuters Incoming orders in the German construction industry fell 7.4 in November compared with October, data on Thursday showed, the latest bad sign for the nation39;s struggling property sector as it suffers its worst crisis in decades. The data from Germany39;s statistics office for late last year set the stage for economists39; forecasts for […]

TOKYO, Jan 25 Reuters The New Year39;s Day earthquake that killed at least 236 in Japan39;s Noto peninsula is likely to have a lasting impact on the economy and requires full attention, a government report showed on Thursday. The government also lowered its view on Japanese exports given weak Europebound shipments but kept its assessments […]