Stimulus Bets Drive Chinese Stocks Higher Before Key Meeting (29.11.2024)
Chinese stocks rallied for the second time this week with traders pointing to expectations for greater economic support at a key policy meeting in December.
Taiwan president stops in Hawaii during Pacific tour, drawing ire from China (01.12.2024)
Lai Ching-te’s US stopover on trip to Marshall Islands, Tuvalu and Palau – three diplomatic allies of the self-governed island – prompts Beijing’s protests
Why South Africa Could Lead Emerging Markets Under Trump (29.11.2024)
South Africa has long struggled with its reputation as a volatile and risky emerging market, but is now becoming a favorite among investors seeking to navigate a world with Donald Trump as the US president.
Iran Braces for Trump Reset With Economy Buckling From Sanctions (24.11.2024)
When Donald Trump first entered the White House in 2017, Cyrus Razzaghi was running an Iranian business consultancy, advising US, Japanese and European companies about how to grab opportunities in a market emerging from years of economic isolation.
China Air Cargo Flights Soar as Trump Return, Tariffs Loom (29.11.2024)
The race to secure goods from China before tariffs are imposed has taken off, with international cargo flights out of the Asian nation increasing to new records in the weeks since Donald Trump won the US election.
Euro Caps Worst Month in Over a Year as Growth Outlook Worsens (29.11.2024)
The euro is on track to cap its worst month in over a year, blighted by the prospect that US trade tariffs will hit the region’s already battered economy.
ECB Says Consumer Inflation Expectations Edged Up in October (29.11.2024)
Inflation expectations of consumers in the euro area edged higher in October, according to the European Central Bank — supporting policymakers arguing in favor of a cautious approach to lowering interest rates.
Core PCE Index: Fed’s Favorite Inflation Gauge Picks Up, in Line With Forecasts (27.11.2024)
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.
Euro-Zone Inflation Accelerates But Won’t Derail ECB Cuts (29.11.2024)
Euro-area inflation climbed above the European Central Bank’s 2% target, though officials are unlikely to be deterred from continuing to lower interest rates next month and beyond.
Turkey Economy Slides Into Recession Ahead of Rates Decision (29.11.2024)
Turkey entered a technical recession in the third quarter as industrial production plunged, providing more evidence to the central bank as it ponders whether to start cutting interest rates next month.
US Job Growth Due to Bounce Back After Storms, Strike: Eco Week (30.11.2024)
US hiring probably jumped in November after hurricanes and a major strike undercut job growth a month earlier, consistent with a labor market that’s healthy yet gradually cooling.
Chinese EV Makers Slip Further in Europe Amid Tariff Tussles (29.11.2024)
Chinese carmakers’ push into the European electric-vehicle market continued to meet resistance, with their share of deliveries to the region slipping during October in the run-up to new tariffs.
Frankreich: Wankende Regierung macht Märkte nervös (29.11.2024)
Die französische Minderheitsregierung unter Michel Barnier steht nach knapp drei Monaten vor ihrem möglichen Aus. Bis Jahresende muss der Haushaltsentwurf für 2025 verabschiedet werden, der durch Steuererhöhungen und Ausgabenkürzungen insgesamt Einsparungen von 60 Milliarden Euro vorsieht. Die Opposition will nicht mitmachen, der Premier warnt vor einem „Sturm auf den internationalen Finanzmärkten“.
Siemens-Werk für industrielle Stromversorgung schließt (28.11.2024)
Auf die Insolvenz der KTM AG und die Schließung des Schaeffler-Werkes folgt diese Woche bereits die dritte Hiobsbotschaft: Siemens schließt bis Ende 2026 sein Wiener Werk für industrielle Stromversorgung. Gewerkschaft und Industrie geraten darüber in Streit.
ECB May Need Rates at Stimulative Levels, Villeroy Says (28.11.2024)
The European Central Bank doesn’t need to constrain the economy any longer and may even have to take interest rates to levels that promote growth, according to Governing Council member Francois Villeroy de Galhau.
US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending (27.11.2024)
The US economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending and steady business investment.
Spanish Inflation Jumps to Most Since August on Base Effects (28.11.2024)
Spanish inflation quickened to the fastest pace since August, though the acceleration was driven by base effects and is unlikely to scupper plans for the European Central Bank to continue lowering interest rates.
Gold Prices Tempt Eastern Europe Central Banks Seeking Stability (28.11.2024)
Earlier this year, the Czech Republic’s central bank chief flew to London to have a look at a swelling stack of gold bars stored in the Bank of England’s concrete-encased vaults beneath Threadneedle Street.
ECB’s Lagarde Urges Europe to Negotiate, Not Retaliate on Trade (28.11.2024)
European Central Bank President Christine Lagarde suggested European Union might be in a better position if it talks with the US about potential trade tariffs instead of immediately imposing countermeasures.
US Readies New China AI Memory Chip Curbs, Affecting Huawei, SMIC (27.11.2024)
The Biden administration is weighing additional curbs on sales of semiconductor equipment and AI memory chips to China that would escalate the US crackdown on Beijing’s tech ambitions but stop short of some stricter measures previously considered, according to people familiar with the matter.