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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…

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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…

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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),…

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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…

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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…

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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….

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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…

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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…

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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,…

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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…

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