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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

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

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

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…
Stock

Turkey’s central bank trims interest rates after nearly two years

Investing.com — Turkey’s central bank has made its first interest rate cut in almost two years, following signs of easing consumer inflation….
Stock

Futures lower in holiday-thinned trading

(Reuters) – U.S. stock index futures were lower on Thursday in light trading volumes after the Christmas holiday, as investors took stock…
Stock

India stocks higher at close of trade; Nifty 50 up 0.14%

Investing.com – India stocks were higher after the close on Thursday, as gains in the Auto, Power and Public Sector Undertakings sectors…
Stock

Xiaomi joins NIO, XPeng, and Li Auto EV charging networks in China

Investing.com — Chinese consumer electronics company Xiaomi (OTC:XIACF) has announced it will join the electric vehicle (EV) charging networks of rivals NIO,…
Stock

Taiwan blocks Uber’s $950 million acquisition of Foodpanda

Investing.com — Taiwan’s Fair Trade Commission (FTC) has halted Uber Technologies (NYSE:UBER)’ planned $950 million takeover of Foodpanda’s local delivery business due…
Investing

This Asian stock index outperforms India’s Nifty and Japan’s Nikkei with 80% returns in 2024

Asia-Pacific stocks performed strongly in 2024, with most major markets finishing the year in positive territory. This was driven by central banks…
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