BEIJING (Reuters) – China’s domestic demand is gathering pace as cautious consumers increasingly choose to rent items from cameras to handbags rather than buying them, the official People’s Daily said, though government data tell a…
Read More
(Reuters) -Singapore Post said on Sunday it had dismissed its chief executive and two other senior managers after an internal investigation found they had mishandled whistleblower allegations about misconduct by company employees. The alleged misconduct…
Read More
Investing.com — Goldman Sachs has updated its economic forecasts, reflecting nuanced shifts in monetary policy expectations and global growth trends for 2025. Analysts have revised their projections for the U.S. Federal Reserve policy, removing a…
Read More
ADDIS ABABA (Reuters) – French President Emmanuel Macron expressed full support on Saturday for Ethiopia’s debt restructuring efforts, emphasising the need for a swift resolution “in the coming weeks”. The backing from Macron, who is…
Read More
By Mrinmay Dey (Reuters) – Party City, which has been struggling since the COVID-19 pandemic, filed for Chapter 11 bankruptcy protection in the United States on Saturday for the second time in two years as…
Read More
By Pete Schroeder WASHINGTON (Reuters) -Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts by President-elect Donald Trump to remove him, sources said, the latest…
Read More
By Iain Withers and Stella Qiu LONDON/SYDNEY (Reuters) -Global stocks slid on Friday ahead of a possible U.S. government shutdown, while European shares came under fire after Donald Trump threatened to impose tariffs if consumers…
Read More
Capital Economics on Thursday shared insights on the performance of the Japanese yen against the US dollar, predicting a stronger year for the yen in 2025. The analysis comes after a period of pressure on…
Read More
OSLO (Reuters) -Norway’s central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as unanimously expected by analysts in a Reuters poll, and said it plans to start cutting…
Read More
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. central bank has no desire to be involved in any government effort to hold large amounts…
Read More