News
Important Only
UPDATE 1-US holiday retail sales stronger than last year with online boost, Mastercard says
Adds details in paragraphs 3-5 Dec 26 (Reuters) - U.S. retail sales rose 3.8% between Nov. 1 and Dec. 24, as intense promotion to drum up sales in what was expected to be a highly competitive holiday season for retailers prompted last-minute shopping among consumers. The sales jump was well above...Reuters
Thu, Dec 26
US holiday retail sales come in above forecast, Mastercard says
Dec 26 (Reuters) - U.S. retail sales rose 3.8% between Nov. 1 and Dec. 24, as customers turned to last minute shopping due to intense holiday season promotions, a Mastercard report showed on Thursday.The jump in sales was higher than a 3.2% rise forecast by Mastercard in September and well above a 3...Reuters
Thu, Dec 26
UPDATE 2-China revises up 2023 GDP, sees little impact on 2024 growth
China revises 2023 GDP by 2.7% in latest economic censusSays little impact expected on 2024 economic growthPolicymakers pledge more stimulus to keep growth stable in 2025Adds details; paragraphs 4-5, 12-15By Kevin Yao and Ellen Zhang BEIJING, Dec 26 (Reuters) - China revised upwards on Thursday t...Reuters
Thu, Dec 26
CORRECTED-UPDATE 1-China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure
Corrects number of people employed in the whole property sector to 14.398 million from 1.04 million at end-2023, in paragraph 11 BEIJING, Dec 26 (Reuters) - China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top statistics official said...Reuters
Thu, Dec 26
UPDATE 1-China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure
Adds NBS official quotes, economic context BEIJING, Dec 26 (Reuters) - China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top statistics official said on Thursday, while releasing the fifth national economic census.Policy support late t...Reuters
Thu, Dec 26
China revises up 2023 GDP to $17.73 trillion
BEIJING, Dec 26 (Reuters) - China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), the head of the National Bureau of Statistics Kang Yi said at a press conference in Beijing. China's fifth National Economic Census, released by the bureau...Reuters
Thu, Dec 26
UPDATE 4-Japan's budget to hit record, but with reduced new bond issuance, draft shows
Govt to compile 115.5 trln yen draft budget for next fiscal yearNew bond issuance to slip below 30 trln yen for 1st time in 17 yrsTax revenue estimated at record 78.4 trln yen Adds economic outlook at the bottomBy Takaya Yamaguchi TOKYO, Dec 25 (Reuters) - Japan's government is set to compile a r...Reuters
Wed, Dec 25
UPDATE 3-Japan's budget to hit record, but with reduced new bond issuance, draft shows
Govt to compile 115.5 trln yen draft budget for next fiscal yearNew bond issuance to slip below 30 trln yen for 1st time in 17 yrsTax revenue estimated at record 78.4 trln yen Adds details, context in paragraphs 5-8, 10By Takaya Yamaguchi TOKYO, Dec 25 (Reuters) - Japan's government is set to com...Reuters
Wed, Dec 25
JGB yields inch down as reaction to BOJ governor's comments muted
TOKYO, Dec 25 (Reuters) - Japanese government bond (JGB) yields inched down on Wednesday as traders showed limited reaction to comments from Bank of Japan Governor Kazuo Ueda. The 10-year JGB yield JP10YTN=JBTC fell 0.5 basis point (bp) to 1.06%. Ueda said on Wednesday the central bank expects t...Reuters
Wed, Dec 25
EXCLUSIVE-Mexico central bank could weigh rate cut of 25 or 50 bps in February, deputy governor says
Deputy governor Heath says board could discuss 25 or 50 bps rate cut for Feb. Size of cut depends on Trump, inflation, unexpected shocksFeb. monetary policy decision might not be unanimous, Heath saysBy Ana Isabel Martinez MEXICO CITY, Dec 24 (Reuters) - Mexico's central bank board could discuss ...Reuters
Tue, Dec 24
