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Global factory activity ended 2023 on a soft note
By Indradip Ghosh and Sam Holmes BENGALURU/SYDNEY (Reuters) - Global factories had a weak finish to 2023, with euro zone activity contracting for an 18th straight month in December and Asia's manufact...
Syndicated Content Jan 02, 2024
Mega-cap companies saw strong gains in 2023 amid tech optimism
(Reuters) - Global mega-cap companies, led by the technology sector, posted solid gains in 2023, boosted by optimism over artificial intelligence, that inflation was peaking and on hopes for further e...
Syndicated Content Jan 02, 2024
China boosts policy bank loans amid expectations of housing support
BEIJING (Reuters) - China's central bank made 350 billion yuan ($49.1 billion) in loans to policy banks via its pledged supplementary lending (PSL) facility in December, fuelling expectations of incre...
Syndicated Content Jan 02, 2024
Indonesia books smallest fiscal deficit in 12 years in 2023
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia has reduced its 2023 budget deficit significantly to 347.6 trillion rupiah ($22.48 billion), equivalent to 1.65% of gross domestic ...
Syndicated Content Jan 02, 2024
UK factory revival prospects suffer setback in December – PMI
LONDON (Reuters) - Britain's manufacturing sector suffered a setback in its attempts to return to growth as output and employment fell more sharply in December than the previous month, according to a ...
Syndicated Content Jan 02, 2024
UK shop price inflation holds at lowest since June 2022 – BRC
LONDON (Reuters) - Prices charged by British store chains rose at the joint slowest pace in a year and a half in December, an industry group said on Tuesday. The British Retail Consortium said annual ...
Syndicated Content Jan 02, 2024
China’s state-owned developers dominate sales, land markets in 2023 – surveys
HONG KONG (Reuters) - China's property market continued to consolidate in 2023 with state-affiliated firms dominating the home sales and land acquisition market, private surveys showed, as more privat...
Syndicated Content Jan 02, 2024
ASML shares dip after Netherlands revokes licence for some China exports
AMSTERDAM (Reuters) - Computer chip equipment maker ASML said the Dutch government had partially revoked an export licence for the shipment of some of its machines to China, prompting a dip in shares ...
Syndicated Content Jan 02, 2024
Euro zone economy likely entered recession last year -PMI
LONDON (Reuters) - Euro zone factories ended 2023 on the back foot, with activity contracting in December for an 18th straight month, according to a survey which gave scant signs of any imminent stron...
Syndicated Content Jan 02, 2024
U.S. property reinsurance rates rise by up to 50% on Jan 1-broker says
LONDON (Reuters) - U.S. property catastrophe reinsurance rates rose by as much as 50% on the key Jan. 1 renewal date, broker Gallagher Re said in a report on Tuesday, as reinsurers look to recoup loss...
Syndicated Content Jan 02, 2024
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