News
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CORRECTED-US private payrolls rebound less than expected in December
WASHINGTON, Jan 7 (Reuters) - U.S. private payrolls rebounded less than expected in December, the ADP's national employment report showed on Wednesday.Private employment increased by 41,000 jobs last month after a revised decrease of 29,000 in November. Economists polled by Reuters had forecast ...Reuters
Wed, Jan 7
Iran judiciary chief warns no leniency for protesters 'helping enemy'
Protests sparked by economic privations including soaring inflationIran's western provinces face most violence and repression due to past unrestRights group Hengaw reports 20 killed in six western provinces since late DecemberLate Shah's exiled son urges Iranian security forces to take side ...Reuters
Wed, Jan 7
German unemployment rises to highest in 12 years with challenging 2026 ahead
Germany's average unemployment highest in 12 years, 2025 figures showLabour market lacks momentum, 2026 is not a year of the all-clear, labour office saysSkilled worker shortage persists despite rising unemploymentBy Maria Martinez and Holger Hansen BERLIN, Jan 7 (Reuters) - Germany had the ...Reuters
Wed, Jan 7
US online holiday spending hits record levels despite slower growth, Adobe says
Jan 7 (Reuters) - U.S. online holiday spending growth slowed in the 2025 season, Adobe Analytics data showed on Wednesday, even as shoppers set a record on the back of steep discounts and wider use of buy-now-pay-later plans.Online spending from November 1 through December 31 rose 6.8% to $257.8 bil...Reuters
Wed, Jan 7
Cooler European inflation sends Germany's 10-year yield to one-month low
By Alun John LONDON, Jan 7 (Reuters) - Germany's 10-year bond yield dropped to its lowest in a month on Wednesday, helped by lower oil prices a day after cooler inflation in key European economies suggested the European Central Bank need not rush to raise rates.There is a raft of U.S. economi...Reuters
Wed, Jan 7
Euro zone economy ends 2025 on benign note even as risks linger
December inflation 2.0% vs 2.0% in Reuters pollTariffs, German spending remain key uncertaintiesChina dumping, industrial recession limit growthECB seen on hold all yearBy Balazs Koranyi FRANKFURT, Jan 7 (Reuters) - Euro zone inflation slowed to 2% last month, capping a surprisingly benign year p...Reuters
Wed, Jan 7
Iran's top judge warns protesters of 'no leniency' as unrest persists
Protests sparked by economic privations including soaring inflationIran's western provinces face most violence and repression due to past unrestRights group Hengaw reports 20 killed in six western provinces since late December DUBAI, Jan 7 (Reuters) - Iran's top judge warned protesters on...Reuters
Wed, Jan 7
PREVIEW-US bank profits surge on investment banking jump in fourth quarter
Global investment banking revenue exceeded $100 bln, second best year everUS consumer finances remain healthy, but inflation and tariffs pose risksLoan growth and higher net interest margins to boost results, analysts sayBy Saeed Azhar NEW YORK, Jan 7 (Reuters) - The largest U.S. banks are ex...Reuters
Wed, Jan 7
Japan seeks power to order divestment of foreign acquisitions
Japan to amend foreign investment law for economic securityGovernment may order divestment of risky foreign acquisitionsDomestic investors under foreign influence may be screenedBy Makiko Yamazaki TOKYO, Jan 7 (Reuters) - Japan plans to amend its foreign investment screening law to give authoriti...Reuters
Wed, Jan 7
Euro zone inflation eases to 2% before likely move below target in 2026
Dec inflation 2.0% vs 2.0% in Reuters pollCore inflation slows to 2.3% from 2.4%ECB seen on hold all yearInflation could be below 2% for most of this year and next FRANKFURT, Jan 7 (Reuters) - Euro zone inflation slowed as expected last month, hitting the European Central Bank's 2% target bef...Reuters
Wed, Jan 7
Toronto home sales fall for a third straight month on economic uncertainty
By Fergal SmithTORONTO, Jan 7 (Reuters) - Greater Toronto Area home sales fell for a third straight month in December and prices declined as economic uncertainty kept homebuyers on the sidelines, Toronto Regional Real Estate Board data showed on Wednesday.Seasonally adjusted sales dipped 0.4% last m...Reuters
Wed, Jan 7
