China will sharply increase funding from treasury bonds to spur growth in 2025
BEIJING (Reuters) – China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner official said on Friday, as Beijing ramps up fiscal stimulus to revitalise a faltering economy. Special…
Asian stocks rise, dollar at two-year high as US rates, Trump in focus
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was perched at a two-year high against a basket of currencies as investors fret about U.S. rates…
China gives government workers first big pay bump in a decade to boost economy
BEIJING (Reuters) – Millions of government workers across China were given surprise wage increases this week, people affected by the move said, as Beijing looks to boost spending to support the slowing economy. On a combined basis, the immediate payout…
Turkish annual inflation falls more than expected to 44.38%
ISTANBUL (Reuters) – Turkish annual consumer price inflation fell more than expected to 44.38% in December, official data showed on Friday, with education, housing and restaurant prices leading the rise. Month on month, inflation was 1.03%, the Turkish Statistical Institute…
Morning Bid: As stocks waver, dollar remains the surest bet
A look at the day ahead in European and global markets from Ankur Banerjee While stock markets shrugged off the dim start to 2025, the higher-for-longer U.S. rates theme has left the dollar’s dominance intact, leaving the euro and sterling…
Morning Bid: Markets usher in 2025 with Trump trepidation
A look at the day ahead in European and global markets from Rae Wee An air of caution lingered over markets on Thursday as Donald Trump’s impending return to the White House – and his plans for hefty import tariffs,…