Germany cuts 2024 growth forecast as economic woes pile up
Berlin (AFP) - The German government slashed its growth forecast for 2024 on Wednesday, warning that Europe's largest economy was ...
Monday, August 3, 2026
Tag: economy
China stocks jump after rate cut as markets await US tech earnings
Hong Kong (AFP) - Hong Kong and Shanghai stocks jumped Wednesday after Beijing's latest measures to boost the stuttering economy, ...
HSBC reports ‘record profit’ of $30.3 bn in 2023
Hong Kong (AFP) - HSBC said Wednesday it achieved "record profit" in 2023 as pre-tax gains soared by nearly 80 ...
German economy buffeted by ‘perfect storm’
Berlin (AFP) - Weaker exports, costly energy and a stuttering green transition have combined to form a "perfect storm" for ...
Global stocks mostly lower despite China rate cut
London (AFP) - Wall Street and European stocks mostly fell on Tuesday as gains made in Asia after China's central bank ...
China cuts key mortgage rate to boost economy
Beijing (AFP) - China's central bank on Tuesday cut a key benchmark lending rate used to price mortgages, as Beijing ...
France ‘probably’ missed 2023 deficit target: source
Paris (AFP) - France likely overshot its budget deficit target in 2023, a finance ministry official said on Monday. President ...
China new year holiday spending surges past pre-pandemic levels
Shanghai (AFP) - China's new year holiday spending last week surged past pre-pandemic levels, official figures showed, a rare bright ...
US Fed should be patient as rate cuts considered: official
Washington (AFP) - The US Federal Reserve should "resist the temptation to act quickly" as it contemplates the right time ...
US wholesale prices rose more than expected in January
Washington (AFP) - US wholesale prices rose more than expected in January, according to government data published Friday, as services ...
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