South African Rand Starts 2025 on Front Foot

JOHANNESBURG, Jan 2 Reuters South Africa39;s rand started the new year on a positive note on Thursday after a volatile end to 2024. At 0803 GMT, the rand traded at 18.7625 against the dollar , about 0.6 stronger than its previous close. Like most emerging market currencies, trade in the rand was turbulent in November […]
Read More

European Stocks Waver on First Trading Session of 2025

Stocks struggle in thin trade Euro zone factories ended last year on sour note, PMI Intrum surges after US court confirms Chapter 11 plan Jan 2 Reuters European stocks wavered on the first trading session of 2025, after a lateyear selloff that was driven by concerns about high valuations and policies under incoming U.S. President […]
Read More

S.Korea Dec Factory Activity Shrinks, Firms Turn Pessimistic, PMI

SEOUL, Jan 2 Reuters South Korea39;s factory activity contracted in December, with manufacturers39; sentiment turning pessimistic for the first time since mid2020 due to uncertainty over U.S. trade policy and domestic politics, a private sector survey showed on Thursday. The purchasing managers index PMI for manufacturers in Asia39;s fourthlargest economy, compiled by SP Global, fell […]
Read More

Number of Employed Germans Reaches new High in 2024

BERLIN, Jan 2 Reuters There were roughly 46.1 million people employed in Germany in 2024 on an annual average, the highest number since German reunification, the statistics office said on Thursday. The average number of people in employment in 2024 rose by 72,000 on the previous year, the statistics office said. With the exception of […]
Read More

Italys Manufacturing Stuck in Downturn in Dec, PMI shows

ROME, Jan 2 Reuters Italian manufacturing activity contracted for a ninth month running in December albeit at a slower pace than the month before, a survey showed on Thursday, amid persisting declines in output and new orders. The HCOB Global Purchasing Managers39; Index PMI for manufacturing climbed to 46.2 from November39;s 12month low of 44.5, […]
Read More