Germany needs reform and investment to overcome recession, says IMF Europe head
BERLIN (Reuters) – Germany needs both structural reforms and more investment in public infrastructure to overcome recession, the European head of the International Monetary Fund said in an interview with Sueddeutsche Zeitung. “Without a functioning infrastructure, there can be no…
Thai government pushes for higher inflation target at BOT meeting
BANGKOK (Reuters) -Thailand’s inflation target should work to lift inflation above 1%, the finance minister said on Tuesday, before a meeting with the central bank where he hoped to be able to reach an agreement on a new target and…
More companies planning price hikes in Germany, survey finds
BERLIN (Reuters) – Companies in Germany’s industrial, retail and corporate services sectors are planning more price increases, bringing inflation on track to rise to the European Central Bank’s 2% target, according to a survey published on Tuesday. Ifo’s price expectations…
Wall Street regulator pledges to press on amid Trump threats, political pressure
By Lananh Nguyen and Douglas Gillison LAS VEGAS/WASHINGTON (Reuters) – Gary Gensler, chair of the U.S. Securities and Exchange Commission, said on Monday that he would continue his work to protect investors after threats of firing and calls for his…
Analysis-Risk of German coalition breaking up rises, fate hinges on FDP liberals
By Andreas Rinke, Christian Kraemer and Sarah Marsh BERLIN (Reuters) – Chancellor Olaf Scholz announced this month a summit of industry leaders to discuss how to save Germany’s flailing economy. A week later Germany’s economy minister laid out his own…
Singapore central bank expects GDP at upper end of 2%-3% range in 2024 and 2025
By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank said on Monday it expects 2024 gross domestic product growth at the upper end of the 2%-3% forecast range, and for next year to have a similar growth pace. In its…