First Light News: US Government Reopens, Data to Return, and Australia Jobs Surprise
In terms of Fed rate-cut expectations, we have seen a moderate hawkish repricing, with 13 bps of easing…
Fitch warns ‘Vietnam banks at risk’ as government accelerates lending
Fitch Ratings has issued a warning about the growing risks facing Vietnam’s banking sector. The agency raised concerns…
Kenya discovers largest gold deposit in decades, worth an estimated US$5.29 billion
Kenya is on the verge of a major economic breakthrough following the discovery of its largest gold deposits…
China’s Singles’ Day stumbles as frugal shoppers shrink the world’s biggest sale
JD.com and Alibaba are operating in Suqian City, Jiangsu Province, China, on Dec. 29, 2023. Costfoto | Nurphoto…
Japan wholesale inflation slows to 2.7% as import costs fall, BOJ stays cautious – recap
Japan’s wholesale inflation eased slightly in October, with producer prices rising 2.7% from a year earlier, down from…
UK GDP growth disappoints as Jaguar cyber attack hits
Britain’s economy barely expanded in the third quarter, held back by September’s cyberattack on Jaguar Land Rover, according…
Sterling Under Pressure Amid Disappointing UK Data — TradingView News
The British pound hovered around $1.31, near its seven-month low, and touched a two-and-a-half-year low against the euro,…
Goldman Sachs and Morgan Stanley bankers on H1B visas are being outsourced
They say that “a principle isn’t a principle until it’s cost you money”. And contrariwise, when top executives…
Economy grew by 0.1% in third quarter, official figures show | Money News
The UK’s economic slowdown gathered further momentum during the third quarter of the year with growth of just…
Australian Dollar remains stronger as US Dollar steadies following shutdown ending
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Thursday, extending its gains for the…
Fair wages: China’s young jobseekers take their résumés to trade expos
As China’s youth continue to struggle to find jobs suited to their skills and background, some enterprising hopefuls…
Minister justifies Portugal low wages
“This is a structural factor of the Portuguese economy. The Portuguese economy, unfortunately, has always been a less…