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Economy

Economy

US equity funds receive big inflows on cool inflation, funding bill, and holiday rally

(Reuters) – U.S. equity funds attracted significant inflows in the week to Dec. 25, recovering from a prior-week sell-off, buoyed by a…
Economy

German parliament dissolved, snap election set for Feb. 23

Investing.com — German President Frank-Walter Steinmeier has dissolved the national parliament and scheduled a snap election for Feb. 23. This move officially…
Economy

Goldman expects 2025 to be another challenging year for the European economies

Investing.com — Goldman Sachs expects 2025 to be another challenging year for the European economies, the Wall Street firm said in a…
Economy

Global equity funds regain inflows on US inflation relief

(Reuters) – Global equity funds witnessed sharp inflows in the week through Dec. 25, rebounding from significant net sales the previous week,…
Economy

China revises up 2023 GDP to $17.73 trillion

BEIJING (Reuters) – China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion),…
Economy

World bank raises China’s GDP forecast for 2024, 2025

(Reuters) – The World Bank on Thursday said it raised its forecasts for China’s gross domestic product growth for 2024 and 2025…
Economy

Dollar stays resilient, Asia shares get festive lift

By Rae Wee SINGAPORE (Reuters) – Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the week…
Economy

Spain’s industrial prices rise 0.9% year-on-year in November

MADRID (Reuters) – Spanish industrial prices rose 0.9% in the 12 months through November, after a 3.9% decrease in the 12 months…
Economy

China urges Philippines to return to ‘peaceful development’

BEIJING (Reuters) – China’s foreign ministry on Thursday urged the Philippines to return to “peaceful development”, saying Manila’s decision to deploy a…
Economy

Turkey raises monthly minimum wage by 30% for 2025

ISTANBUL (Reuters) – Turkey’s net monthly minimum wage will be 22,104 Turkish lira ($630.36) in 2025, Turkish President Tayyip Erdogan said on…
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