Latest News of O
ECB's Villeroy: more interest rate cuts to come in 2025
PARIS (Reuters) - The European Central Bank is likely to further ease interest rates next year and is at ease with market projections for future rates, ECB policymaker and Bank of France head Fran...
French y/y consumer inflation confirmed at 1.7% in November
(Reuters) - Consumer prices in France were up 1.7% year-on-year in November, statistics office INSEE said on Friday, in line with its preliminary reading published late last month.The EU-harmonise...
UK economy in October suffers first back-to-back declines since 2020
By Andy Bruce and Suban Abdulla(Reuters) -Britain's economy shrank for a second month in October in the run-up to the new government's first budget, the first back-to-back falls in output since the on...
-
South Korea opposition leader urges president's party to support impeachment over martial law
By Reuters | 14 hours agoBy Jack KimSEOUL (Reuters) -South Korean opposition leader Lee Jae-myung said on Friday the best way to restore order in the country is to impeach President Yoon Suk Yeol, a day ahead of a planned par...
-
Russia launches large-scale missile attack on Ukraine energy facilities, Kyiv says
By Reuters | 14 hours agoKYIV (Reuters) - Russia launched a large-scale attack on Ukraine's energy facilities on Friday morning, Ukrainian Energy Minister German Galushchenko said."The enemy continues its terror. Once aga...
-
Poland's CD Projekt releases trailer for Witcher IV game
By Reuters | 14 hours agoGDANSK (Reuters) - Poland's biggest video game maker CD Projekt on Friday released a trailer for its planned new game in the blockbuster "Witcher" fantasy series.After the troubled release of its ...
-
Foreign outflows hit Asian bonds in Nov on Trump policy concerns, dollar's rise
By Reuters | 14 hours ago(Reuters) - Asian debt markets witnessed foreign outflows in November for the first time in seven months as expectations of changes in U.S. trade policies under the forthcoming Trump administratio...
-
Analysis-China's bond market sees more economic pain ahead
By Reuters | 15 hours agoBy Jiaxing Li, Summer Zhen and Li GuHONG KONG/SHANGHAI (Reuters) - Investors in Chinese bonds head for 2025 betting there will be no miraculous recovery in the economy, putting them at odds with a...
-
Asian shares drop, long-dated Treasuries set for worst week in a year
By Reuters | 15 hours agoBy Stella QiuSYDNEY (Reuters) - Asia shares fell on Friday as a strong dollar weighed on risk sentiment, while longer-dated Treasury yields are headed for their biggest weekly rise in a year on re...
-
Biden pardons 39 people, commutes sentences of 1,500 others
By Reuters | 15 hours agoBy Bianca Flowers and Chandni Shah(Reuters) -Outgoing U.S. President Joe Biden said on Thursday that he was pardoning 39 people convicted of non-violent crimes and commuting the sentences of nearly 1,...
-
Costco tops quarterly sales, profit estimates on steady early holiday demand
By Reuters | 15 hours agoBy Ananya Mariam Rajesh(Reuters) -Costco Wholesale beat first-quarter revenue and profit expectations on Thursday as its bulk and discounted offerings, appealing to budget-conscious American shoppers,...
-
Analysis-Worker shortages raise doubts over Britain's plan to build for growth
By Reuters | 15 hours agoBy Suban AbdullaWORCESTER, England (Reuters) - An acute shortage of construction workers could undermine the foundations of British government plans to get 1.5 million homes built by 2029 in Engla...
-
Japan Nov inflation likely accelerated, exports up on weak yen: Reuters poll
By Reuters | 15 hours agoTOKYO (Reuters) - Japan's core consumer price inflation probably accelerated in November, driven by persistently high rice prices and the phasing out of utility subsidies, a Reuters poll showed on...
-
As euro zone risks mount, markets seek clarity on pace of ECB rate cuts
By Reuters | 15 hours agoBy Yoruk Bahceli and Dhara RanasingheLONDON (Reuters) -Euro zone markets swung on Thursday after the European Central Bank gave up a long-standing hawkish tilt but analysts were split on the signals i...
-
SEC 'reopens' probe into Neuralink, Musk's lawyer says
By Reuters | 15 hours agoBy Mrinmay Dey(Reuters) -The U.S. Securities and Exchange Commission (SEC) this week has reopened an investigation into Elon Musk's brain-chip startup Neuralink, according to a letter shared by Musk o...