September 2024 – Page 43

Chinas Exports Top Forecasts, Imports Hurt by Depressed Domestic Demand

September 10, 2024
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Export grows at fastest in 17 months, supports economy Imports fail to impress, underlines weak domestic demand Exports possibly bolstered by shippers rushing to avoid tariffs Trade barriers could undercut China39;s broad efforts to lift growth BEIJING, Sept 10 Reuters China39;s exports grew at their fastest pace in nearly 112 years in August, suggesting manufacturers […]

September 10, 2024
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BERLIN, Sept 10 Reuters German inflation fell to its lowest level in more than three years in August, a second estimate confirmed on Tuesday, making it easier for the European Central Bank to cut interest rates this week. Inflation eased to 2.0 in August, its lowest level since June 2021, thanks to lower energy prices. […]

September 10, 2024
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UK pay growth cools to more than twoyear low Economists say data keeps BoE on track for Nov rate cut Employment jumps, ONS warns again on data quality Vacancies continue downward trend LONDON, Sept 10 Reuters British pay growth cooled in the three months to July to a more than twoyear low and employment shot […]

September 10, 2024
Finance
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BEIJING, Sept 9 Reuters China39;s Shanghai and Shenzhen stock exchanges will include Chinese ecommerce giant Alibaba Group and some other companies into its Stock Connect crossborder investment scheme from Tuesday, separate filings showed on Monday. This move will integrate Alibaba into a program linking the Shenzhen and Shanghai stock exchanges with the Hong Kong stock exchange. […]

September 10, 2024
Business
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Demand for plugin hybrids surges as EV takeup slows Some plugin hybrids require more PGMs than petrol cars PGM market volatility could pick up if supply curtailed LONDON, Sept 9 Reuters A surge in sales of hybrid cars as electric vehicle takeup slows is set to provide an unexpected boost to demand for platinum group […]

September 10, 2024
Business
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Sept 9 Reuters Boeing39;s shares rose 3.7 on Monday after the planemaker and its biggest union reached a tentative deal covering more than 32,000 workers, averting a possible strike. This was the first major negotiation by new CEO Kelly Ortberg, who took the helm just a month ago and has been tasked with turning around the struggling planemaker. […]

September 10, 2024
Business
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Sept 9 Reuters U.S. discount home goods retailer Big Lots said on Monday it has secured 707.5 million to support its operations and sell its business to private equity firm Nexus Capital, as it has initiated bankruptcy proceedings under Chapter 11. Big Lots listed its assets and liabilities in the range of 1 billion to 10 […]

September 9, 2024
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China August CPI 0.6 yy vs 0.5 in July August producer prices 1.8 yy vs 0.8 in July August food CPI 2.8 yy Demandled reflation not yet on the horizon, says economist BEIJING, Sept 9 Reuters China39;s consumer inflation accelerated in August to the fastest pace in half a year but the uptick was due […]

September 9, 2024
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Sept 9 Reuters Britain39;s labour market cooled noticeably last month as job placements fell sharply and pay growth slowed, according to a survey of recruiters on Monday that could bolster the case for interest rate cuts from the Bank of England. The monthly Report on Jobs from the Recruitment and Employment Confederation trade body and […]

September 9, 2024
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Sept 9 Reuters Investor morale in the euro zone fell for a third consecutive month in September, a survey showed on Monday, dropping to its lowest level since January amid dissatisfaction over the state of the economy, particularly in Germany. The Sentix index for the euro zone fell to 15.4 points for August from 13.9 […]

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Chinas Exports Top Forecasts, Imports Hurt by Depressed Domestic Demand

German Inflation Falls to Lowest Level in more than 3 Years

UK Pay Growth Cools, Keeping BoE on Track for another Rate Cut

Chinese Stock Exchanges Add Alibaba into Stock Connect Scheme

Hybrid Cars Throw Lifeline to Platinum Metals

Boeings Shares Rise on Tentative Labor Deal that could Avert Major Strike

Big Lots Sells Business to Nexus Capital as it Begins Bankruptcy Proceedings

Chinas Consumer Prices Rise in Aug, PPI Stuck in Deflation

UK Labour Market Loses Steam in August, Recruiters Say

Euro Zone Investor Morale Slips again in September amid Economic Weakness

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