Tuesday, 19 Nov 2024

Asia

Asia News – Get latest breaking news & top stories today in Asia, South-East Asia, South Asia, East Asia, Australia/New Zealand at…

German DIHK poll shows more pessimism: 'Economy is holding its breath'

FILE PHOTO: Shoppers wear mask and fill Cologne’s main shopping street Hohe Strasse (High Street) in Cologne, Germany, 12, December, 2020. REUTERS/Wolfgang RattayBERLIN (Reuters) – Germany’s Chambers of Industry and Commerce (DIHK) on Friday cut its 2022 growth forecast for Europe’s biggest economy to 3.0% from the 3.6% it had predicted in October due to […]

India central bank holds rates; says economy needs continued support

MUMBAI (Reuters) -The Reserve Bank of India’s monetary policy committee (MPC) stuck to its accommodative policy stance to help the economy recover from the pits of the pandemic, keeping the key lending rate at record lows on Thursday.FILE PHOTO: A security guard’s reflection is seen next to the logo of the Reserve Bank Of India […]

UK factory output rises at fastest rate in six months -PMI

LONDON (Reuters) – British manufacturing output grew at the fastest pace in six months in January as global supply chain pressures began to ease and factories largely shrugged off a wave of cases caused by the Omicron variant of coronavirus, a survey showed on Tuesday.FILE PHOTO: Britain’s Prince Philip tours the Brompton bicycle factory in […]

China Jan new home prices slip 0.01% mth/mth – research firm

FILE PHOTO: Residential and office buildings are seen in Beijing, China, January 10, 2017. Picture taken on January 10, 2017. REUTERS/Jason LeeBEIJING (Reuters) – China’s new home prices in January fell by less than in the previous month, data released by a private-sector reseatch firm showed on Tuesday, pointing to slightly improved sentiment in the […]

Spain's unemployment rate falls to 13.33% in Q4, lowest since 2008

FILE PHOTO: A waitress servers food to customers at the terrace of a bar in downtown Ronda, Southern Spain, September 2, 2021. REUTERS/Jon Nazca(Reuters) – Spain’s unemployment rate fell to 13.33% in the fourth quarter of 2021 from 14.57% three months earlier to reach its lowest level since 2008, data from the National Statistics Institute […]

Build Back Better plan could pass in chunks, Biden says

U.S. President Joe Biden holds a formal news conference in the East Room of the White House, in Washington, D.C., U.S., January 19, 2022. REUTERS/Kevin LamarqueWASHINGTON (Reuters) -U.S. President Joe Biden said on Wednesday that he needs to break up his signature $1.7 trillion Build Back Better legislation, passing a large chunk now and other […]

Britain's bank 'ring-fencing' rules create complexity, review shows

FILE PHOTO: A general view of the Canary Wharf financial district in London, Britain April 25, 2021. Picture taken April 25 with a drone. REUTERS/Kevin CoombsLONDON (Reuters) – Capital requirements for the retail arms of Britain’s banks have generally not harmed competition, but do create unnecessary complexity for customers, lenders and regulators, an independent review […]