Economy

By Laurie Chen and John Irish BEIJING/PARIS (Reuters) -Europe should not be afraid of working with China because of competition,...

IMF closes Morocco meetings without consensus on funding terms, conflict language

Somalia joins east Africa trade bloc as it eyes new opportunities

By Abdi Sheikh MOGADISHU (Reuters) - The East African Community trade bloc admitted Somalia as its eighth member on Friday,...

Euro zone labour market shows no sign of weakening: Lagarde

Italy gets EU backing to revise its post-COVID recovery plan

By Giuseppe Fonte and Sudip Kar-Gupta ROME (Reuters) -The European Commission said on Friday it had given a positive assessment...

S&P revises Bahrain’s outlook to ‘stable’ on fiscal deficit worries

(Reuters) - S&P Global Ratings on Friday revised Bahrain's outlook to "stable" from "positive", citing spending pressures that could push...

Wall Street brokerages raise China’s 2023 economic growth forecast

Germany’s Scholz promises swift budget overhaul in spending fiasco

By Holger Hansen and Christian Kraemer BERLIN (Reuters) -German Chancellor Olaf Scholz promised on Friday to finalise the 2024 budget...

Singapore hopes for substantial IPEF progress by APEC

Take Five: Warming up this winter

(Reuters) -Investors are torn over when global interest rates are likely to start falling, which is weighing on the dollar...

Argentina’s Milei, IMF discuss fiscal adjustment plan, monetary program

(Reuters) - Argentina President-elect Javier Milei said on Friday he had spoken with the director of the International Monetary Fund...

Bundesbank Chief Urges Swift Fiscal Planning for German Stability

FRANKFURT - In a recent address at a youth event hosted by Germany's central bank, Bundesbank President Joachim Nagel stressed...

Poland’s budget deficit hits PLN 36.42 billion in October

WARSAW - Poland's state budget deficit reached PLN 36.42 billion ($8.33 billion) at the end of October, with the country's...

US Black Friday sales rise 2.5% -Mastercard Spendingpulse