China's Industrial Output Surges: A Closer Look at November's Growth
China's industrial production grew by 5.4% in November year-on-year, with notable increases in mining, manufacturing, and new-energy vehicles.
Economy News
UK Approves £5.3 Billion Sale of Royal Mail Owner to Billionaire Investor
The UK has approved the sale of Royal Mail's owner, International Distribution Services, to Daniel Kretinsky for £5.3 billion. The deal, arranged in May, includes a 'golden share' ...
China's Retail Sales Surge: A 3% Boost in November Amid Economic Resilience
China's retail sales saw a 3% increase in November, highlighting the country's economic resilience and steady recovery of consumer confidence.
Japan's Private Sector Shows Signs of Recovery in December
Japan's private sector showed signs of recovery in December with services sector activity expanding and manufacturing sector struggling to grow. The composite PMI rose, indicating ...
Interest Rates Surge as Deposit Growth Falters: Banks Compete for Deposits
Agribank hikes interest rates significantly, leading other banks to follow suit as deposit growth slows. The average deposit interest rate has risen by 0.5 percentage points, drive...
Thailand Plans to Enforce Global Minimum Corporate Tax from 2025
Thailand plans to enforce a global minimum corporate tax from January 2025, following the OECD's new regulations. The current corporate tax rate in Thailand is 20%, but companies r...
Australian Private Sector Activity Shows Slight Decline in December
Australia's private sector business activity saw a slight decline in December, with key indicators lower than the previous month, according to S&P Global's preliminary report.
What's Ahead: Fed's Rate Decision, Putin's Annual Address, and Key Economic Data
Investors brace for central bank decisions, including the Fed's rate move, and key economic data releases. Political events, such as Putin's annual address and Germany's confidence...
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