Chinas Industrie wächst erstmals seit sechs Monaten wieder (31.10.2024)
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Japan’s turbulent election and the economy (31.10.2024)
Catch up: Floods in Spain kill 95; Trump and Harris hit Wisconsin
Eurostat-Daten: Spaniens Wirtschaft „zieht in der EU davon“ (31.10.2024)
Die Wirtschaft im Euro-Raum ist im dritten Quartal stärker gewachsen als erwartet. Laut Eurostat-Schnellschätzung stieg das saisonbereinigte Bruttoinlandsprodukt (BIP) um 0,4 Prozent. Während Österreich mit 0,3 Prozent knapp unter dem Schnitt liegt, setzt Spanien seinen Wachstumskurs fort. Das Land profitiert von einem enormen Tourismusboom, das Wachstum in anderen Bereichen ist aber noch deutlich stärker.
BIS Steps Back From Digital Payment Project Touted by Putin (31.10.2024)
The Bank for International Settlements is leaving a project for digital cross-border payments after Russia’s president Vladimir Putin identified the underlying technology as a tool to circumvent sanctions and potentially undermine the dollar.
U.S. GDP Q3 2024: U.S. economy grew at a 2.8% pace in the third quarter, less than expected (30.10.2024)
Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.
How AI’s $1.3 Trillion Future Increasingly Hinges on Taiwan (30.10.2024)
When Jung Yoonseok was looking for an assembly partner for his AI chip startup, he had his pick of almost any country in Asia, including his native South Korea. Instead, the Rebellions strategy chief opted for Taiwan because of what he sees as an unparalleled combination of talent, cost and speed.
EU Set To Go To China To Explore Alternative To EV Tariffs (30.10.2024)
The European Union has decided to send officials to Beijing to hold more talks aimed at finding an alternative to tariffs on electric vehicles from China, according to people familiar with the matter.
ECB Should Be Cautious and Not Rush Further Cuts, Nagel Says (30.10.2024)
The European Central Bank can afford to take a careful approach to lowering interest rates and officials should keep paying close attention to incoming information, according to Governing Council member Joachim Nagel.
VW Unveils Cost-Saving Plan That May Keep German Plants Open (30.10.2024)
Volkswagen AG laid out cost-savings proposals to workers that would shore up its financial position while potentially avoiding factory closures in Germany.
EU Economy: German Inflation Ticks Up Sharply, Highlighting ECB Challenge (30.10.2024)
German inflation quickened more sharply than expected and exceeded the European Central Bank’s 2% target – underpinning the challenges for policymakers in deciding on the pace and extent of further monetary-policy easing.
US Efforts to Contain Xi’s Push for Tech Supremacy Are Faltering (30.10.2024)
The world outside the US is increasingly driving Chinese electric vehicles, scrolling the web on Chinese smartphones and powering their homes with Chinese solar panels.
WKO-Vertreter: Fokus allein auf Zölle falscher Weg (30.10.2024)
America’s pre-election economic bounce (30.10.2024)
Catch up: Harris’s last-ditch plea to voters; Canada accuses Indian minister
Euro-Area GDP: Growth Beats Expectations as Germany Dodges Recession (30.10.2024)
The euro area’s economy expanded more strongly than expected in the third quarter — with even Germany avoiding the recession it was widely tipped to endure.
E-Auto-Hersteller BYD überholt Tesla auch beim Umsatz (30.10.2024)
German Economy Avoids Recession But Not Broader Crisis (30.10.2024)
Germany’s economy, Europe’s largest, has once again avoided a technical recession but businesses and consumers keep sending warning signals that the challenges engulfing the country are becoming harder to bear.
China: Stagnierender CO2-Ausstoß und seine Gründe (30.10.2024)
Chinas Ausstoß von klimaschädlichem Kohlenstoffdioxid (CO2) ist im abgelaufenen Quartal im Vergleich zum Vorjahreszeitraum nicht mehr gewachsen. Verantwortlich dafür waren mehr grüne Energie und weniger Nachfrage in wichtigen Wirtschaftsbereichen. Zu diesem Ergebnis kommt eine am Dienstag veröffentlichte Auswertung des in Finnland ansässigen Zentrums für Forschung über Energie und saubere Luft (CREA).
Germany Can Find Exit Ramp Off Economic Road to Nowhere (30.10.2024)
As Trump’s shadow looms over Europe, Berlin should try a dose of self-help that Paris can’t.
SNB Might Need to Cut Interest Rates Again, Schlegel Says (29.10.2024)
The Swiss National Bank may have to lower borrowing costs again as inflation slows, according to President Martin Schlegel.
EU Imposes Tariffs on Chinese EV Imports as High as 45% (29.10.2024)
The European Union will impose higher tariffs peaking at 45% on electric vehicles from China, ratcheting up trade tensions between the world’s leading export powers.
Storms and Strike Will Complicate Last Jobs Report Before Fed Meeting, Election (29.10.2024)
Friday’s employment report is the last the Federal Reserve will see before its policy meeting next week. But the data will be tough to parse.
Apple (APPL) Ships $6 Billion of iPhones From India in Big China Shift (29.10.2024)
Apple Inc.’s iPhone exports from India jumped by a third in the six months through September, underscoring its push to expand manufacturing in the country and reduce dependence on China.
Survey Shows Only Modest Confidence in Fed’s Economic Management (29.10.2024)
A survey of more than 5,000 consumers found only modest confidence in the Federal Reserve’s ability to manage inflation and unemployment effectively.
Two Euro-Zone Bellwether Economies Expanded Last Quarter (29.10.2024)
Ireland’s economy rebound in the third quarter while Belgium kept expanding, positive omens for euro-zone data due this week.
Could there be a Republican “trifecta”? (29.10.2024)
Catch up: Hizbullah names new leader; a deadly strike on Gaza
Drei deutsche Werke vor Aus: Empörung über „Kahlschlagpläne“ bei VW (29.10.2024)
Der größte deutsche Autokonzern Volkswagen plant nach Angaben des Gesamtbetriebsrats die Schließung von mindestens drei Werken in Deutschland sowie Zehntausende Stellenstreichungen. Die verbleibenden Mitarbeitenden müssten zudem mit empfindlichen Gehaltseinbußen rechnen, wie der Betriebsrat am Montag in Wolfsburg mitteilte. Eine Kampfansage gibt es vonseiten der Gewerkschaft. Deutschlands Kanzler Olaf Scholz forderte in einer ersten Reaktion den Erhalt von Arbeitsplätzen.
Biden Finalizes Curbs on US Investing in China Chip, AI Tech (28.10.2024)
The Biden administration finalized restrictions on investments by US individuals and companies into advanced technology in China, including semiconductors, quantum computing and artificial intelligence.
ECB Sees ‘Substantial Risks’ to Inflation Outlook, Luis de Guindos Says (28.10.2024)
The European Central Bank has made significant progress in bringing down inflation but can’t declare victory just yet, according to Vice President Luis de Guindos.
U.S. finalizes rules to curb AI investments in China, impose other restrictions (28.10.2024)
The U.S. said it is finalizing rules Monday to limit U.S. investments in AI and other technology sectors in China that could threaten U.S. national security.
China liefert EU Investitionswettlauf in Serbien (28.10.2024)