SHANGHAISINGAPORE, Jan 11 Reuters China39;s real estate investment products are tumbling, extending last year39;s slump as investors lose hope for a recovery in the economy and property assets such as industrial parks and logistics hubs. Chinese real estate investment trusts REITs, which issue shares to investors against a portfolio of real estate holdings, have hit […]

Exports growth picks up pace, signals turn in global trade Analysts say trade impulse not enough to boost domestic demand Consumer, producer prices highlight stubborn deflationary pressure More policy support seen as economy still fragile heading into 2024 BEIJING, Jan 12 Reuters China39;s exports grew at a faster pace in December, while deflationary pressures persisted […]

TOKYO, Jan 12 Reuters Japan39;s consumer inflation rate likely decelerated in December for a second month in a row to hit the lowest in 112 years, thanks to smaller increases in food prices and diminishing energy costs, a Reuters poll showed on Friday. The poll also showed December wholesale prices likely fell for the first […]

2023 crude imports 11.28 mln bpd, 11 on yr 2023 natgas imports 2nd highest on record; Dec imports at record 2023 refined fuel exports 16.7 on yr Jan 12 Reuters China39;s annual crude oil imports hit an alltime high in 2023, customs data showed on Friday, as fuel demand recovered from a pandemicinduced slump despite […]

Dec CPI fell yearonyear CPI in 2023 was 0.2, compared with around 3 government target Dec PPI was down from a year earlier, steeper than expectation BEIJING, Jan 12 Reuters China39;s consumer prices declined for a third month in December while factorygate prices extended their prolonged slide, highlighting persistent deflationary pressures in an economy struggling […]

TOKYO, Jan 12 Reuters Japan posted a second consecutive month of record current account surpluses in November, as the trade deficit narrowed while its service balance turned surplus due to increased inbound tourism after pandemic controls were lifted last year. The current account data may offer relief to policymakers concerned about the spectre of dwindling […]

LONDON, Jan 11 Reuters Britain39;s finance ministry plans to introduce new procedures to manage the failure of small banks more effectively, it said on Thursday, following last year39;s highprofile collapse of U.S.based Silicon Valley Bank SVB. The consultation on the proposals comes less than a year after the sudden collapse of Californiabased SVB sent shockwaves […]

BERLIN, Jan 11 Reuters Global trade declined by 1.3 from November to December 2023 as militant attacks on merchant vessels in the Red Sea led to a plunge in the volumes of cargo transported in that key region, a German economic institute said on Thursday. Currently around 200,000 containers are being transported via the Red […]

JERUSALEM, Jan 11 Reuters Israel posted a budget deficit of 4.2 of gross domestic product in 2023, after a 0.6 surplus in 2022, due to a spike in state spending to finance the war against Palestinian Islamist group Hamas in Gaza, the finance ministry said on Thursday. The deficit rose from an annual 3.4 in […]

Maersk avoids Panama Canal for some of its vessels due to low water levels Company39;s OC1 service will utilise rail to transport cargo across Panama Some delays expected for southbound vessels Hapag says it will not follow Maersk Jan 11 Reuters A.P. MollerMaersk will use trains to avoid the droughthit Panama Canal for some of its […]