News
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World Bank lifts China 2025 GDP forecast to 4.8% ahead of a slowdown next year
LONDON, Oct 7 (Reuters) - The World Bank lifted its 2025 growth projection for China to 4.8% and raised its forecast for much of the region, but warned of slowing momentum next year, citing low consumer and business confidence and weak new export orders. Publishing its biannual economic outlook for ...Reuters
Tue, Oct 7
German industrial orders unexpectedly fall 0.8% in August
Oct 7 (Reuters) - German industrial orders fell in August, declining by 0.8% on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said on Tuesday.A Reuters poll of analysts had pointed to a rise of 1.1%.The statistics office publishes more economic data on...Reuters
Tue, Oct 7
Asian stocks advance as Nikkei 225 hits new record high
Asian equities trades mostly higher on Tuesday in quiet holiday trading, while the Nikkei 225, Japan’s benchmark, rose to a fresh record high on hope for more government spending and lower taxes under Japan’s first woman prime minister.Fxstreet
Tue, Oct 7
World Bank warns US tariffs on Indian exports to slow South Asia growth next year
NEW DELHI, Oct 7 (Reuters) - The World Bank on Tuesday said higher tariffs on Indian goods exported to the U.S. will drag the South Asian growth rate in 2026, even as the current year remains shielded by government spending.The World Bank said growth in South Asia is expected to slow sharply to 5.8%...Reuters
Tue, Oct 7
World Bank lifts growth forecast for Middle East region, Iran suffers contraction
LONDON, Oct 7 (Reuters) - The World Bank has lifted its growth outlook for the region encompassing the Middle East, North Africa, Afghanistan and Pakistan for 2025, though trimmed its forecast for next year, citing conflict and lower oil production in Iran and Libya. The Washington-based lender said...Reuters
Tue, Oct 7
World Bank lifts China 2025 GDP forecast to 4.8% ahead of a slowdown next year
LONDON, Oct 7 (Reuters) - The World Bank lifted its 2025 growth projection for China to 4.8% and raised its forecast for much of the region, but warned of a slowing momentum next year, citing low consumer and business confidence and weak new export orders. Publishing its biannual economic outlook fo...Reuters
Tue, Oct 7
