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EXCLUSIVE-Shein gains UK approval for London IPO, awaits China nod, sources say
Shein gets UK regulator approval for London IPO - sourcesStill awaits green light from Chinese regulator -sourceMarket turmoil, 'de minimis' suspension may delay IPO timeline, complicate valuationBy Julie Zhu and Helen Reid HONG KONG/LONDON, April 11 (Reuters) - Online fast-fashion retail...Reuters
Fri, Apr 11
UK GDP rebounds 0.5% MoM in February vs. 0.1% expected
The UK economy expanded in February, with the Gross Domestic Product (GDP) rebounding 0.5% after recording no growth in January, the latest data published by the Office for National Statistics (ONS) showed on Friday. The market forecast was for a 0.1% growth in the reported period.
Fxstreet
Fri, Apr 11
UK economy grows 0.5% in February, official figures show
LONDON, April 11 (Reuters) - Britain's economy grew at a monthly pace of 0.5% in February, figures from the Office for National Statistics showed on Friday, well above economists' expectations in a Reuters poll for an expansion of 0.1%.Britain's economy grew by a lacklustre 1.1% last yea...Reuters
Fri, Apr 11
German inflation confirmed at 2.3% in March
BERLIN, April 11 (Reuters) - German inflation eased to 2.3% in March, the federal statistics office said on Friday, confirming preliminary data.German consumer prices, harmonised to compare with other European Union countries, had risen by 2.6% year-on-year in February.Reuters
Fri, Apr 11
Stellantis' first-quarter shipments fall 9% y/y
April 11 (Reuters) - Stellantis STLAM.MI said on Friday its first-quarter shipments were down 9% compared to last year, to an estimated 1.2 million vehicles.In the first three months of 2025, the automaker's shipments were down 20% in North America, down 8% in the Enlarged Europe area and up 19%...Reuters
Fri, Apr 11
US Commerce Secretary Lutnick: Committed to exploding the US economy
US Commerce Secretary Howard Lutnick took to the social media platform X to say that “the Golden Age is coming. We are committed to protecting our interest, engaging in global negotiations and exploding our economy.”Fxstreet
Fri, Apr 11
EXCLUSIVE-Facing Trump tariffs, Vietnam eyes crackdown on some China trade
Vietnam hoping to get U.S. tariff reduced to 22-28% rangeVietnam officials prepare to clampdown on transhipment abusesWashington accuses Hanoi of helping China evade U.S. dutiesHanoi seeks stricter checks on dual-use exportsBy Francesco Guarascio HANOI, April 11 (Reuters) - In hope of avoiding pu...Reuters
Fri, Apr 11
GBP/USD rises to near 1.3050 as US Dollar remains tepid ahead of PPI data
GBP/USD is on track for its fourth consecutive daily gain, trading near 1.3030 during Friday’s Asian session. The pair continues to strengthen as the US Dollar loses ground amid lingering concerns over both the global and US economies.Fxstreet
Fri, Apr 11
EXCLUSIVE-Facing Trump tariffs, Vietnam eyes crackdown on some China trade
Vietnam hoping to get U.S. tariff reduced to 22-28% rangeVietnam officials prepare to clampdown on transhipment abusesWashington accuses Hanoi of helping China evade U.S. dutiesHanoi seeks stricter checks on dual-use exportsBy Francesco Guarascio HANOI, April 11 (Reuters) - In hope of avoiding pu...Reuters
Fri, Apr 11
PBOC: Discussed impact of US tariffs in the ASEAN meeting
The People’s Bank of China (PBOC) released a statement on Friday, citing that China's deputy central bank governor attended the ASEAN and China, Japan and South Korea finance and central bank deputies meeting on April 8 and 9.Fxstreet
Fri, Apr 11
Australian Dollar extends gains despite increased risk sentiment
The Australian Dollar (AUD) extends its gains for the third successive session against the US Dollar (USD) on Friday. However, the upside of the AUD/USD pair could be restrained as the White House confirmed that the cumulative US tariffs on Chinese goods have risen to 145%.
Fxstreet
Fri, Apr 11
Fed's Collins: Tariffs could push core inflation well above 3% this year
Federal Reserve (Fed) Bank of Boston President Susan Collins joined the ever-growing stream of Fed policymakers standing up and flashing loud warning signs that ongoing uncertainty at the hand of the Trump administration's constantly waffling tariff policy stance will continue to weigh on the Fed'sFxstreet
Fri, Apr 11
