JOHANNESBURG (Reuters) – South African manufacturing activity expanded in December but business activity deteriorated further in the month due to…
Citigroup cuts U.S. stocks to ‘underweight’, favours European equities in 2023
(Reuters) – Citigroup analysts turned “underweight” on U.S. equities on recession fears but were bullish on European stocks, saying much…
Russian rouble advances vs dollar, euro in light holiday trade
(Reuters) – Russia’s rouble rose against the dollar and euro on Friday, as oil prices lifted during thin holiday trading.…
Take Five: Welcome to 2023
LONDON (Reuters) – A potential shift by the world’s most dovish major central bank, inflation pressures abating, a turn in…
China property shares firm on more policy support, easing curbs
By Clare Jim HONG KONG (Reuters) -Shares of Chinese property developers climbed on Friday, lifted by more state support for…
China says to stabilise, expand automotive industry consumption
(Reuters) – China will take steps to stablise and expand consumption in its automotive industry, a commerce ministry spokesperson said…
German industrial orders fall more than expected in November
BERLIN (Reuters) -German industrial orders saw their sharpest drop in more than a year in November on falling foreign demand,…
German retail sales rise 1.1% m/m in November
BERLIN (Reuters) – German retail sales rose in November, increasing by 1.1% compared with the previous month, data showed on…
McDonald’s Japan hikes prices for 3rd time in 10 months on surging costs
By Rocky Swift TOKYO (Reuters) – The Japanese operator of McDonald’s restaurants announced its third price hike in less than…
Reducing inflation top priority for South Asian nations, says India central bank chief
By Nikunj Ohri NEW DELHI (Reuters) -Taming inflation is the top priority for South Asian countries as risks to growth…