News

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29 Oct 2024 09:48

China Considers $1.4 Trillion Stimulus Package to Revitalize Its Economy

Daily News

China is reportedly considering a significant financial stimulus plan that could involve over 10 trillion yuan (approximately 1.4 trillion dollars) in additional ...

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29 Oct 2024 09:48

German Consumer Confidence Shows Signs of Improvement

Daily News

BERLIN - The latest survey conducted by GfK and the Nuremberg Institute for Market Decisions (NIM) indicates a gradual improvement in German consumer confidence a...

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29 Oct 2024 09:46

BOK Board Member Chang Urges Caution in the Real Estate Market

Daily News

Amid concerns over the real estate market and household borrowing in South Korea, Bank of Korea (BOK) board member Chang Yong-sung emphasized the need for continu...

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29 Oct 2024 09:45

Japan's Finance Minister Pledges Vigilance Against Currency Movements

Daily News

In Tokyo, Japan's Finance Minister Katsunobu Kato emphasized the government's determination to closely monitor currency movements. During a regular press conferen...

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29 Oct 2024 09:29

German Chamber of Commerce and Industry Predicts GDP Contraction for Germany in 2024

Daily News

The German Chamber of Commerce and Industry (DIHK) has revised Germany's economic forecast, projecting a 0.2% contraction in the country's GDP for 2024. This mark...

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29 Oct 2024 09:28

Thai Officials Discuss Raising Inflation Target to Revitalize the Economy

Daily News

A discussion is taking place between the government and the central bank of Thailand regarding the country’s inflation target. Deputy Finance Minister Paopoom Roj...

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29 Oct 2024 09:25

German Companies Brace for Price Hikes Amid Inflation Worries

Daily News

BERLIN – A recent survey reveals that rising price expectations have become a trend among German companies, indicating that inflation could rise towards the Europ...

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29 Oct 2024 09:24

Toyota and NTT Join Forces for $3.3 Billion AI-Driven Autonomous Driving R&D Initiative

Daily News

Toyota Motor (NYSE:TM) and Nippon Telegraph and Telephone Corporation (OTC:NPPXF), also known as NTT, have made a significant investment in developing advanced ar...

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29 Oct 2024 09:24

Adidas Sees Sales Surge in China and North America

Daily News

Adidas AG (OTC:ADDYY) reported a significant increase in sales in Greater China in the third quarter, while also experiencing sales growth in North America, exclu...

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29 Oct 2024 09:24

Norwegian Sovereign Wealth Fund Acquires Major U.S. Office Property

Daily News

Norway's sovereign wealth fund has expanded its portfolio by acquiring a 97.7% stake in an office building located in Menlo Park, in the San Francisco Bay Area. T...

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29 Oct 2024 09:20

BP Reports $2.3 Billion Third Quarter Profit Amid Weak Demand Environment

Daily News

BP Plc (NYSE:BP) announced on Tuesday that it recorded a third-quarter profit of $2.3 billion, marking its lowest earnings in nearly four years. This significant ...

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29 Oct 2024 09:19

Sweden Slips into Technical Recession as GDP Contracts Again

Daily News

According to the latest preliminary data, the Swedish economy has entered a technical recession. In the third quarter, the gross domestic product (GDP) contracted...

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29 Oct 2024 09:17

Adidas' Largest Shareholder Reduces Stake to 3.51%

Daily News

Adidas AG (OTC:ADDYY) announced that its largest shareholder, Groupe Bruxelles Lambert (GBL), has reduced its stake in the company to 3.51%. This announcement was...

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29 Oct 2024 09:16

China Considers Borrowing $1.4 Trillion to Revitalize Its Economy

Daily News

China is considering approving a fiscal stimulus package that surpasses 10 trillion yuan (approximately $1.4 trillion) in the coming years to revitalize its weake...

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29 Oct 2024 09:15

STOXX 600 Reaches Weekly High Fueled by Strong Earnings Reports

Daily News

Today, the STOXX 600 index, a benchmark for European stocks, reached a one-week high supported by strong earnings reports from major companies in the region. As o...

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29 Oct 2024 09:10

China's Factory Activity Approaches Stability in October

Daily News

China's manufacturing sector is on the verge of stabilizing after a challenging period. The official Purchasing Managers' Index (PMI) for October narrowly missed ...

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29 Oct 2024 06:30

Tamaki: BOJ Should Avoid Major Changes to Its Policy

Daily News

Forex - The leader of the opposition Democratic Party for the People (DPP) in Japan, Yuichiro Tamaki, stated that the Bank of Japan should avoid making significan...

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29 Oct 2024 06:20

Kyrgyzstan Central Bank Holds Interest Rates Steady

Daily News

Forex - The National Bank of the Kyrgyz Republic (NBKR) did not change the policy interest rate in this meeting, just as it did in the previous two meetings. Acco...

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29 Oct 2024 04:25

Tamaki: BOJ Should Avoid Major Changes to Its Policy

Daily News

Foreks - The president of the Democratic Party for the People (DPP) in Japan, Yuichiro Tamaki, stated that the Bank of Japan should avoid making major changes to ...

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29 Oct 2024 04:05

Oil Prices Rise Supported by U.S. Reserve Replenishment Plans

Daily News

Forex - Oil prices rose this morning following a sharp decline in the previous session, as the U.S. announced plans to purchase oil for its Strategic Petroleum Re...

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28 Oct 2024 22:54

UK Chancellor to Announce Additional Funding for NHS

Daily News

UK's Finance Minister Rachel Reeves is expected to announce a significant funding increase for the National Health Service (NHS) in the budget to be revealed on W...

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