News
Important Only
Growth in China's factory activity slows, Caixin PMI shows
BEIJING, Jan 2 (Reuters) - China's factory activity grew in December but at a slower-than-expected pace, as overall sales were dampened by falling export orders amid concerns over the trade outlook, a private-sector survey showed on Thursday.The data echoed an official survey on Tuesday showing manuReuters
Thu, Jan 2
UPDATE 2-Singapore economy grew 4.0% in 2024, advance estimate shows, fastest post-pandemic growth
Recasts and adds economists quotes throughout SINGAPORE, Jan 2 (Reuters) - Singapore's economy grew 4.0% in 2024, its fastest annual pace since exiting the pandemic, accelerating from an expansion of 1.1% in 2023 and 3.8% in 2022, preliminary government data showed on Thursday.Gross Domestic Prod...Reuters
Thu, Jan 2
UPDATE 1-Singapore economy grew 4.0% in 2024, advance estimate shows
Adds details on inflation and monetary policy review form paragraph 4 SINGAPORE, Jan 2 (Reuters) - Singapore's economy grew 4.0% in 2024, accelerating from 1.1% growth in 2023, preliminary government data showed on Thursday.Gross Domestic Product (GDP) rose 4.3% in the fourth quarter from a year ...Reuters
Thu, Jan 2
Lagarde speech: ECB hopes to hit 2% inflation target in 2025
European Central Bank (ECB) President Lagarde said on Wednesday that the central bank hopes to hit the 2% inflation target in 2025 Key quotes “We have made significant progress in 2024 in bringing down inflation and hopefully 2025 is the year when we are on target as expected and as planned in our strategy,” “Of course we will continue our efforts to ensure that inflation stabilizes sustainably at that 2% medium-term target.” Market reaction At the time of writing, EUR/USD is trading 0.01% higher on theFxstreet
Wed, Jan 1
UPDATE 1-Venezuela economy grew over 9% in 2024, president says
Adds Maduro quote, background on economic crisisCARACAS, Jan 1 (Reuters) - Venezuela's economy grew over 9% in 2024, President Nicolas Maduro said, according to a transcript of an interview published by Mexican media outlet La Jornada on Wednesday. "In 2023, we had 5.5% (growth). In 2024, according ...Reuters
Wed, Jan 1
Venezuela economy grew over 9% in 2024, president says
CARACAS, Jan 1 (Reuters) - Venezuela's 2024 gross domestic product growth rate will surpass 9%, President Nicolas Maduro said, according to a transcript of an interview published by Mexican media outlet La Jornada on Wednesday. (Reporting by Mayela Armas; Writing by Brendan O'Boyle; Editing by Bill...Reuters
Wed, Jan 1
UPDATE 1-Peru inflation rate falls below 2% for 2024
Adds details from statement on December inflation, contextLIMA, Jan 1 (Reuters) - Peru's annual consumer price inflation rate was 1.97% in 2024, according to data published on Wednesday by national statistics agency INEI.Peru's central bank targets inflation at 2%, plus or minus one percentage point...Reuters
Wed, Jan 1
