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CORRECTED-Japan's leading indicator of service inflation hits 2.6% in December
TOKYO, Jan 27 (Reuters) - A leading indicator of Japan's services sector prices rose 2.6% in December from a year earlier, data showed on Tuesday, a sign labour shortages continue to prod companies to pass on rising costs.The increase in the services producer price index, which tracks the price ...Reuters
Tue, Jan 27
Chinese industrial profit rises in 2025, first time in four years
BEIJING, Jan 27 (Reuters) - Industrial profit in China rose last year for the first time since 2021, government data showed on Tuesday, as a campaign against price wars and other excessive competitive practices relieved the pressure on corporate earnings.Reuters
Tue, Jan 27
African nations now send more money to China than they receive in new loans
China shifts from net finance provider to net receiverAfrica sees $52 billion swing in five-year net finance flowsMultilateral institutions increase global net financing contributions by 124%By Colleen Goko JOHANNESBURG, Jan 27 (Reuters) - China's role as a leading financier to developing nat...Reuters
Tue, Jan 27
Fully electric vehicle sales in EU overtake petrol for first time in December
Jan 27 (Reuters) - Fully electric car sales in December overtook petrol for the first time in the European Union, even as policymakers proposed to loosen emissions regulations, data showed on Tuesday.U.S. battery-electric brand Tesla TSLA.O continued to lose market share to competitors including Chi...Reuters
Tue, Jan 27
China's industrial profits rise 0.6% in 2025
BEIJING, Jan 27 (Reuters) - Profits at China's industrial firms increased 0.6% for the whole of 2025, data from the National Bureau of Statistics showed on Tuesday.The rise followed a 0.1% increase in the first 11 months of last year.Industrial profit figures cover firms with annual revenue of a...Reuters
Tue, Jan 27
SGD: Policy parameters expected to remain unchanged – DBS Bank
The Monetary Authority of Singapore is anticipated to maintain the parameters of the SGD NEER policy band during its upcoming review. Current assessments suggest limited downside for USD/SGD, with the exchange rate expected to hold above 1.2675. Philip Wee, Senior FX Strategist at DBS Bank notes.Fxstreet
Mon, Jan 26
US business borrowing for equipment rises over 5% in December, ELFA says
Jan 26 (Reuters) - U.S. companies borrowed 5.9% more to finance equipment purchases in December than a year earlier, reaching the second-highest level ever, the Equipment Leasing and Finance Association said on Monday.New loans, leases and lines of credit signed up by companies in December were $10....Reuters
Mon, Jan 26
Tanzania expects to sign $42 billion mega LNG project before June, minister says
LONDON, Jan 26 (Reuters) - Tanzania expects to sign before June a deal for its stalled project to construct a $42 billion liquefied natural gas (LNG) plant, a senior government minister said on Monday, with production set to start in eight years' time.Equinor EQNR.OL and Shell SHEL.L are joint o...Reuters
Mon, Jan 26
Chinese stocks: Solid start driven by tech advances – HSBC
HSBC Asset Management notes that Chinese stocks have begun 2026 on a strong note, fueled by significant advancements in technology, particularly in AI and robotics. However, challenges remain, including weak domestic demand and the need for a shift towards a consumption-driven economy.Fxstreet
Mon, Jan 26
INR: Firm PMI reports amid rupee weakness – Commerzbank
India's January PMI reports indicate healthy economic expansion, with services and manufacturing PMIs showing improvement. However, the Indian Rupee continues to weaken against the Dollar, driven by equity outflows and import demand.Fxstreet
Mon, Jan 26
