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RPT-In deflation-hit China, one store holds flash sales four times a day
Deflation worries deepen as China CPI hits -0.7% y/y in FebruaryBeijing store tries 'flash sales' to draw customersPersistent deflation poses risks to growth, analysts warnBy Liangping Gao and Marius Zaharia BEIJING/HONG KONG, March 10 (Reuters) - Leo Liu, manager of the sprawling Wankela...Reuters
Mon, Mar 10
In deflation-hit China, one store holds flash sales four times a day
Deflation worries deepen as China CPI hits -0.7% y/y in FebruaryBeijing store tries 'flash sales' to draw customersPersistent deflation poses risks to growth, analysts warnBy Liangping Gao and Marius Zaharia BEIJING/HONG KONG, March 10 (Reuters) - Leo Liu, manager of the sprawling Wankela...Reuters
Mon, Mar 10
UK employers slow hiring, pay growth cools, survey shows
By Suban AbdullaLONDON, March 10 (Reuters) - Britain's jobs market cooled in February as the pace of hiring slowed and starting salaries rose by the least in four years, according to a survey on Monday that underscores firms' concerns about higher employment costs and a soft economy.The Recr...Reuters
Mon, Mar 10
Japan's service-sector mood sours on rising cost of living
TOKYO, March 10 (Reuters) - Japan's service-sector sentiment worsened in February for the second straight month, a government survey showed on Monday, a sign the rising cost of living was weighing on consumption.An index measuring sentiment among service-sector firms, like taxi drivers and resta...Reuters
Mon, Mar 10
Japan's tightening job market pushes more firms under, survey shows
Japan's bankruptcy cases may hit 11-year high in fiscal 2024Japan shifting away from 'work-sharing,' says BOJ's UchidaBOJ's stimulus aimed at removing labour slack, says UchidaUncertainty remains on whether small firms can keep hiking payBy Leika Kihara TOKYO, March 10 (Reuter...Reuters
Mon, Mar 10
German industrial output rises in January
March 10 (Reuters) - German industrial production rose in January by 2.0% compared with the previous month, the federal statistics office said on Monday.Analysts polled by Reuters had predicted a 1.5% rise.The office offers more detailed data on its website.Reuters
Mon, Mar 10
JPMorgan joins Goldman, hikes euro area's 2025 economic growth forecast
March 10 (Reuters) - J.P.Morgan joined Wall-Street peer Goldman Sachs to forecast a boost to the euro area's economic growth for 2025 on the back of Germany's fiscal loosening reforms.Similar to Goldman, JPM expects growth to increase by 0.1 percentage point to 0.8%. For 2026, JPM expects 1....Reuters
Mon, Mar 10
