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China screened 600 million for disease, keeping up COVID-era controls
BEIJING, Aug 25 (Reuters) - Chinese customs screened 600 million people at international ports for infectious diseases over the past five years, officials said on Monday, while pledging to refine containment protocols that became a hallmark of Beijing's zero-COVID policy. Customs officials detec...Reuters
Mon, Aug 25
Fitch Affirms India At 'BBB-'; Outlook Stable
Aug 25 (Reuters) - FITCH AFFIRMS INDIA AT 'BBB-'; OUTLOOK STABLEFITCH ON INDIA - FORECAST GDP GROWTH OF 6.5% IN FISCAL YEAR ENDING MARCH 2026 (FY26)FITCH - INDIA'S RATINGS ARE SUPPORTED BY ITS ROBUST GROWTH AND SOLID EXTERNAL FINANCESFITCH ON INDIA - US TARIFFS ARE A MODERATE DOWNSIDE RI...Reuters
Mon, Aug 25
Behind the Rate Cut Frenzy: Is the Market Misreading Powell’s “Precautionary” Signal?
TradingKey - Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium was widely interpreted as a clear signal that a September rate cut is all but certain, sending U.S. equities to new highs.TradingKey
Mon, Aug 25
EUR/GBP softens to near 0.8650 amid no progress on Russia-Ukraine peace deal
The EUR/GBP cross loses ground to around 0.8660 during the early European session on Monday. A slew of better-than-expected UK economic data provides some support to the Pound Sterling (GBP) against the Euro (EUR).
Fxstreet
Mon, Aug 25
India to tap Amazon, Flipkart data directly in inflation revamp, roll out services index
CPI revamp in 2026 to cut food weight, add digital servicesGovernment to use e-commerce, ride-hailing data for price trackingServices Production Index to launch mid-2026, quarterlyGDP base year shifting to 2022-23, release due Feb 2026By Shubham Batra NEW DELHI, Aug 25 (Reuters) - India will sta...Reuters
Mon, Aug 25
PRESS DIGEST - Wall Street Journal - August 25
Aug 25 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Keurig Dr Pepper KDP.O has struck a deal to buy Peet's Coffee owner JDE Peet's JDEP.AS for $18 billion, a prelude to spinning off it...Reuters
Mon, Aug 25
ECB’s Kazaks says central bank can watch economy with rates in good place
The European Central Bank (ECB) Governing Council member Martins Kazaks said that the ECB has entered a new monetary-policy phase where officials can focus on monitoring the economy rather than actively intervening to change its course, Bloomberg reported on Sunday.Fxstreet
Mon, Aug 25
Fed’s Musalem: More data is needed to decide whether a September rate cut is warranted
St. Louis Federal Reserve President Alberto Musalem said on Friday he will need more data before deciding to support a rate cut at the September meeting, warning inflation remains above the Fed's 2% targe, per Reuters.Fxstreet
Mon, Aug 25
